Real Estate Valuation Report Information & Method

If you want to buy a real estate, you may want to be sure of the value of the real estate you will buy. As domturkiye.com, we offer you "valuation service". There are 2 types of Real Estate Valuation reports. Project valuation with real estate valuation and feasibility report. domturkiye.com cooperates with licensed independent loss adjusters (valuation experts) who are audited by the CMB (Capital Markets Board) and carry out appraisal activities.

 

The content of the Real Estate Appraisal Report;

 

- Deed information,

- Map and location information,

- Current real estate photos,

- Precedent real estate values,

- Possible value of the property

- Legal situation analyzes in the municipality/land registry/cadastre directorates to which it is affiliated

 

• The Real Estate Valuation Report includes the valuation request, the scope and purpose of the request, and the properties of the real estates, as well as other minimum valuation information. The quality and physical/legal conditions of the real estate are included. Appraisers usually prepare an appraisal report for you by using one of 3 different methods, depending on the type of real estate.

 

• Comparison of the Precedents Method - A sufficient number of real estates with similar characteristics to the real estate to be valued are taken as a precedent and a comparison is made.

 

• Income Method - Considers the probable net income stream for an investor or a user over the remaining economic life of a property. This income stream is compared with income from similar properties, and the probable return on investment is compared with earnings from similar properties or other types of investments.

 

• Cost Method - Reconstruction of the structure under current economic conditions is considered.

 

 

 

Real Estate Appraisal Report

 

An appraisal report is prepared in all cities across Turkey. domturkiye.com cooperates with English speaking Capital Markets Board licensed valuation experts (appraisers).

 

The types of reports prepared by CMB Licensed Appraisers are as follows:

 

• House / villa valuation or apartment valuation

• Commercial buildings, office, shopping mall valuation and store valuation

• Agricultural land, field, parcel and land valuation

• Hotel valuation, Hotel appraisal

• Urban Transformation Valuation

• Mine valuation, gas station valuation

• Ship, marina, yacht valuation, aircraft valuation

• Brand valuation

• Company valuation

 

Project Evaluation with Feasibility Report

How can I evaluate a project in the most efficient way? The content of the feasibility report; financial analysis, project cost flows, project cash flows, legal due diligence, legal permits and incentives, property rights and construction permits. The valuation of a project helps you understand whether that project is suitable for investment.

 

 

A feasibility report includes:

 

- Financial analysis,

- Project expense flow,

- Project income stream,

- Legal due diligence,

- Legal leave and allowances,

- property rights,

- Building permit.

 

A feasibility report may be required for investment projects such as:

 

- Land investments,

- Hotel investments,

- Commercial and shopping center investments,

- Housing and housing project development investments,

- Agricultural investments with product analysis,

- Industrial investments.

 

For example; You may want to develop a hotel project or buy a hotel in Turkey. When you want to have a Project Valuation Report, the main information that will be presented to you is:

 

- Determination of land price, title deed information and map-location information,

- Checking the mortgage and lien status with the control of the land registry records, status determinations of the Municipality and General Directorate of Land Registry and Cadastre,

- Project development cost,

- Construction cost and operating cost,

- Financial statements and reports containing income and expense cash flows,

- Alternative project proposals for the most efficient and appropriate investment

 

 

 

Report Delivery Time & Fields of Activity

The valuation report period for a shop, residence, house and flat is 3 days for major cities such as Istanbul, Ankara, Izmir, Antalya, Konya, Bursa and Adana. For other cities, a valuation report is prepared in 3 to 6 days.

 

Hotel Expertise in Istanbul, Ankara, Antalya, Izmir, Aydin, Mugla, Kusadasi, Bodrum, Marmaris, Fethiye, Kas, Kalkan, Kemer, Tekirova, Kundu, Lara, Konyaaltı, Belek, Side, Manavgat, Alanya, Mersin and Adana cities is prepared in a short time.

 

Project valuation and feasibility reports, land valuation, factory valuation, complete building valuation, company valuation, gas station appraisal, brand valuation, mine valuation etc. You can get information about the delivery time for other real estates. This type of appraisal reports are usually prepared within a period of 2 weeks to 1 month.