Valuation Services
Professional property valuation entails determining the economic value of a property. Essentially, the appraisal focuses on estimating the value of the property not merely as a physical entity but in terms of ownership rights and the utilization of these rights for economic benefits. According to established valuation practice, any item, tangible or intangible, subject to ownership by a natural person or legal entity, and eligible for various transactions (such as purchase, sale, leasing, renting, or mortgage), falls under the classification of property. The subjects of appraisal can encompass:
- Land
- Buildings
- Plants
- Equipment and Inventory
- Biological Assets
- Going Concern
- Business and Business Interest
- Intellectual Property
- Inventory
- License and Agreements
Aligned with the purpose of valuation, the appraiser identifies the specific type of value to be estimated. In property appraisal, the following types of value can be distinguished:
- Market Value
- Liquidation Value
- Fair Value
- Tax Value
- Investment Value
- Insurance Value
- Value-in-use
- Mortgage Value
- Utilization Value
Considering the economic relationships prevalent in everyday life, both legal entities and natural persons may have the need to determine property value. The utilization of appraisal services becomes essential in various circumstances, including:
- Purchase and Sale
- Insurance
- Financial Reporting
- Company Mergers
- Drawing Investments
- Company Liquidation
- Loan Collateral
- Company Restructuring
- Asset Reevaluation
- Impairment Test
- Fixing Property Arguments
- Purchase Price Allocation
- Hereditary Succession
Property valuation plays a crucial role in strategic investment decisions, offering valuable insights that empower businesses to make informed choices.