Application of fuzzy set theory to develop a methodology for assessing the impact of cultural heritage protection zones on the value of commercial land

Abstract

Application of fuzzy set theory to develop a methodology for assessing the impact of cultural heritage protection zones on the value of commercial land

Dyachkova I.S.

Incoming article date: 06.09.2023

This paper examines the impact of regulations on cultural heritage protection zones on the cost of land plots intended for hotel accommodation. The application of the theory of fuzzy sets to assess the influence of cultural heritage objects on the value of commercial land plots is substantiated. The result of the study is a methodology for estimating the share of the value of a commercial land plot attributable to the presence of a cultural heritage protection zone, based on the methodology for determining easement fees and the theory of fuzzy sets.

Keywords: hotel, historical and cultural monument, phasification, market value, cadastral value, type of permitted use, term-set, restrictions of use, adaptation, sustainable development