THE VALUATION OF OLIVE (OLEA EUROPAEA L.) ORCHARDS: A CASE STUDY FOR TURKEY

ENGINDENIZ, S., M. YERCAN and H. ADANACIOGLU, 2010. The valuation of olive (Olea europaea L.) orchards: a case study for Turkey. Bulg. J Agric. Sci., 16: 615-621 Valuation of orchards is important in condemnation, taxation, loan, insurance, inheritance, and purchase-sale cases. The approach to be used for orchards may vary according to the purpose of appraisal, age of the establishment, obtainable data, and according to the current regulations. In this study, land and tree values of olive orchards in a selected region from Turkey were determined by income capitalization approach. For this aim, four villages have been selected and data have been collected from 54 farmers selected randomly. While determining the value of the olive orchards with trees, past values approach was used. The capitalization rate for income capitalization approach was determined as 5.32%.