The value of condemned shacks will be redefined, and tourists’ views of their destination differ | Deal

15 minutes recalls that in March of this year a proposal was presented for the acquisition of almost 300 country houses in Šventoji. However, the government postponed the decision for fear of the legal consequences and the business impact. Although the authorities have dedicated resources in the last three months to evaluating the consequences of such an initiative, this information has not been sufficient for the Government.

READ MORE: The cabins of the saints are slowly slipping into the hands of the authorities, but the businessmen will resist

The government would like to expropriate more than 160 vacation homes and summer homes in the Sventoji coastal area, as well as 97 buildings in state forest areas. Some seaside cabins are right next to or almost on the dunes.

It was previously announced that paying compensation to its owners would tentatively cost more than 1.7 million. This is the total average market value of all buildings.

Prepare to more accurately assess the value of real estate

Although it was previously promised that the decision in principle should be made by the Government soon, the Vice Minister of Environment Marius Narmontas 15 minutes now he says that the process will not be fast. Before making any decisions, the government asked the ministry not only to assess the impact on the economy and business losses, but also to conduct an individual assessment of the buildings.

“An analysis is needed to professionally assess the cost of an asset and its potential impact. The government had asked for an evaluation of the possible impact on the economy, the losses of the business developed by Energetikas. The second is to adjust the prices not from the data from the Registry Center, but by interviewing real estate experts, ”said M. Narmontas.

According to him, an individual evaluation of the buildings will be carried out to know exactly how much the owners will have to pay for the property.

“When we went to the government to make a decision, we presented the price according to the massive evaluation by the Records Center. Since the government wanted more accurate data, it was also necessary to collect more accurate data. The compensation mechanism needs to be evaluated, as the The law requires the state to act fairly and in good faith. This requires calculations so that we know how much it will cost, “said the Vice Minister of Environment.

According to M. Narmontas, next week the State Service of Protected Areas should announce when and under what conditions an individual evaluation competition will be held. And the financing for this process, according to the Vice Minister, is expected to be allocated from the Support Fund for Environmental Protection.

A third of the cabins would be appropriate

Marmont explained that only with precise calculations the government could make a decision on whether or not to expropriate the property. What would happen if politicians decided not to start this process?

“Apparently, the same situation would continue for another 20 years, when there is unregistered property, it is located on state lands, the parcels are not formed because there is no base and each owner must try to register the property they own through the courts. This is not attractive to the owners of those houses or to the state. There must be clarity and we offer a way to compensate owners and free up the coast, “he said.

Furthermore, the Vice Minister emphasizes that the authorities do not want to expropriate all the holy houses. There are currently an estimated 800 of them at this location, and about a third want to be taken over by the state.

“We are not talking about taking all the houses for public needs, but only those who are in the coastal area and in the forest, because according to the Forest Law, there can be no such infrastructure. Second, the coastal zone belongs to the entire population of Lithuania. There are estimates of how much is the coast per capita. So why should we allow such buildings on the coast to have no clear origin, “he is convinced.

Tourists have different opinions

Meanwhile, the opinions of the tourists themselves about the need to demolish the cabins differ. Some say they would like to see new ones instead of old ones, while others would like to see the park.

For example, traveling to the sea. 15 minutes the agreed-upon couple said they stay in these cabins every year. They choose wooden houses in Šventoji for a comfortable and quiet place.

“It would be better to build new ones instead of demolishing them. Because convenient, the nearby sea, just to be able to renovate. We are not going to Palanga because there are too many people there, and it is calm and good to rest with the children,” said the woman.

She said she paid 24 euros a day to rent a triple house. It is true that she assured that the cabins lacked amenities.

“Showers and kitchens are missing. At least to be closer to us,” he said.

Meanwhile, another tourist is heading towards the sea 15 minutes He assured that he supported the steps of the Ministry of the Environment.

“We need a beautiful park, it would be very local and perfect. Leaving the trails and infrastructure would be both access to the sea and very pleasant. The cabins of the saints are sufficient, and a corner of nature is really needed. A beautiful and good park would definitely be needed. For walking, cycling and sitting, reading a book. There are now very few benches to sit on, “he said.

Property value should increase

Meanwhile, Tomas Sovijus Kvainickas, Head of Investment and Real Estate Analysis at Inreal Group 15 minutes He explained that the average market value is automatically determined based on calculation models developed by the Registry Center. According to him, the value of property in individual and massive valuations can vary greatly.

“Almost all appraisers answer the question ‘What does property value depend on?’ Joking – “of three things, place, place and again place.” This acquittal, of course, is not entirely accurate, but shows the impact of its location on the value of the property, “he said.

According to T.S.Kvainickas, comparative objects much farther from the sea will be cheaper than those near the dunes. However, mass evaluation can take this criterion into account only to a very limited degree. The cost method also cannot take into account site-specific characteristics, and since buildings will formally have a particularly high level of depreciation due to their age, the average market value will also not be objective. The input method faces the same local error problem.

“Object evaluation by individual evaluation is likely to increase the value. How much? Without calculations, it is difficult to answer, not all objects can be evaluated “from the eye”. Land rights, which are one of the reasons for taking ownership, are particularly important in individual evaluation. If in the current situation it is possible to obtain the right of “reconstruction” for the construction of villas, then the value of the property will include not only the buildings and their location, but also the potential rental right to the land under the buildings and then the average market value will be closer to milk fat. “Is conviced”.

Also, although in the opinion of T.S.Kvainickas, the argument about the availability of space for the public sounds attractive, but it is a stick with two ends.

Do you have a farm by the lake? Well, the public would like that too. Such discussions are the result of past actions and mistakes. If, objectively speaking, this area were to be left to the public, it should not have been privatized. If it was privatized with the aim of allowing the use of holiday homes without further development, adequate legislation should be established. If public authorities are concerned that enlargement is possible through the legislature, it should be rectified.

There are many stories where state property has been improperly privatized, when someone has taken advantage of the law, but selective and isolated “correction” is also not the answer. The problem must be identified and solved in a complex way, “he is convinced.