The economic effect of sale of italian public property: a relevant question of real estate appraisal

In Italy, for 20 years, governments that have taken place, they tried to reduce the public deficit through the sale of part of the public property.

The results, to date, have been modest, for a set of reasons, including the difficulty of organizing appropriate sales plans. In the case of public residential properties, sales programs are easier, more complex is the case of other public goods, such as the military bases disused. In these cases, for the purpose of sale, a number of factors come into play, from the conditions in which they are places and buildings, and finally to the future transformation that may receive. A frequent mistake to place on the market these goods, evaluating the price based on the prices of goods only in theory similar compared: permeable soil sand devoid of buildings assessed as farm land, the buildings as urban property. It is not a correct approach, because the land, buildings and any other building structure present in military bases, require extensive work of transformation to be allocated to new uses.

C. Torre writes the introduction, S. Carbonara developes the explaination of the criticality of the case of study, and D. Stefano traced the assessment.