CIPA 2003 XIX th International Symposium, 30 September — 04 October, 2003, Antalya, Turkey 
6.2 Determining of Real Estates And Their Values 
The purpose of this study is gaining of the all real estates with 
private property to public property in the study area. To realize 
this purpose, all real estates, except government properties, will 
be transferred. In that point, determining of real estates values is 
very important. Most of the buildings in the study area are in 
ruin situation and used as residential buildings Figure 6 (a). 
While real estates values are determined Figure 6 (b), both land 
and building value are determined separately and then the sum 
of these values give real estate’s value. In determining of 
building value, cost method should be used, and in determining 
of land value, nominal valuation method should be used for 
getting suitable and practical results in such wide areas. The 
method is based on determining of factors that effects real 
estate value and a point for each real estate (Nisanci and 
Yomralioglu, 2002). 
compared. After the calculation and comparing of values, 
development rights are transferred to receiver area. In 
application, local administrators allows using such rights but 
not demand price for that allowings. Whereas, used right is a 
public right. 
Second Approach; 
Supplying the study area is wide, using development rights in 
the same district (Figure 7). Property design in such a approach 
is analyzed with land readjustment respect to 18. article of 
Development Law. The advantage of this approach is that there 
is no need approval of real estate owners. 
Third Approach; 
Using public domains for protecting cultural heritage same as 
used by local authorities in slum protection area. 
7. CONCLUSION AND PROPOSALS 
TDR may be of particular use in contexts where resources to 
achieve specific physical objectives are scarce. Typical are the 
cases of protection of natural and historical assets in Turkiye. 
For this reason, the potential exploitation of TDR is inquired 
here in a typical case study of historical conservation, 
emphasizing how this procedure could be supplemented 
through TDR as a planning tool, as well as, the calculation of 
the volume of financial resources required, together with GIS 
methods in representation, accounting and plan making. There 
may be alternative methods of modelling the physical and 
financial arrangements through GIS methods. Yet benefits of 
such practice prove commendable implementations. 
Proposed in this study, TDR method is a new approach for 
Turkey but extremely in active-fair structure. Arising with 
protection development plan between real estate owners, 
benefit-cost balance is provided with this method. However, 
this method has not been in legal regulations of Turkey. 
So, it should be firstly added to Turkish Development Law. 
Which instution will implement it should be specified. 
Inventory of urban public land stock should be defined and 
maintaned with GIS tachnics. 
TDR method and existing readjustment regulations should be 
integrated and flexible property organization chance should be 
provided. 
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