Real estate valuation in the Republic of Serbia

Abstract

There is no complete and systemized infrastructure for efficient and reliable evaluation of real estates in the Republic of Serbia. This is confirmed by analysis of the applicable regulations which treat valuation of real estates in different ways. This practice contradicting numerous standards and applicable directives (INSPIRE directive, Strategy of the development of geospatial data infrastructure in the Republic of Serbia etc.), as well as numerous other examples of good practice governing the activities of collecting and maintaining spatial data infrastructure. By the Law on State Survey and Cadaster of the 2009, the Republic Geodetic Authority is ensured to the jurisdiction of the development of mass appraisal, which should provide real estate market value for all real estates in the territory of the Republic of Serbia. In contrast, the position and the role of local government being increasable stronger in creating the budget, which is closely associated with the values of resources and capital which local government have. Determing the property tax is the responsibility of the local government and therefore its role in the process of valuation of immovable property is of great importance. In addition to local governments, the Tax Administration traditionally determines real estate values. This paper analyzes the current situation and initiate further activities on the development of the system of evaluation of real estates in the Republic of Serbia.

U Srbiji ne postoji potpuna i sistematizovana infrastruktura za kvalitetno i pouzdano vrednovanje nepokretnosti. To potvrđuju i analize važećih propisa koji na različite načine tretiraju vrednovanje nepokretnosti. Ovakva praksa protivreči brojnim standardima i važećim direktivama (INSPIRE direktiva, Strategija razvoja nacionalne infrastrukture geoprostornih podataka u Republici Srbiji i dr.), kao i brojnim drugim primerima dobre prakse kojima se uređuju aktivnosti na prikupljanju i održavanju infrastrukture prostornih podataka. Zakonom o državnom premeru i katastru iz 2009. godine, Republičkom geodetskom zavodu je poverena nadležnost razvoja sistema masovne procene vrednosti nepokretnosti koja treba da obezbedi tržišne vrednosti nepokretnosti, za sve nepokretnosti, na teritoriji Republike Srbije. Nasuprot tome, sve više jača položaj i uloga lokalne samouprave u kreiranju budžeta, koji je tesno povezan sa vrednostima resursa i kapitala sa kojima lokalne samouprave raspolažu. Utvrđivanje poreza na imovinu je u nadležnosti lokalne samouprave i zato je njena uloga u procesu vrednovanja nepokretnosti veoma značajna. Pored lokalne samouprave, tradicionalno, vrednovanjem nepokretnosti se bavi i Poreska uprava. U ovom radu analizira se postojeće stanje i iniciraju dalje aktivnosti na razvoju sistema vrednovanja nepokretnosti u Republici Srbiji.