One of the critical elements of success in real estate investments
If there is an extremely important factor in real estate investments, it is undoubtedly the valuation of properties, a critical element that could predict the success of your investment.
The real estate appraisal or property valuation focuses on estimating in its fair monetary measure the desirability of owning a property. It is a report made to measure the commercial value of a house, apartment, building, or any class of property.
The valuation process is an impartial technical opinion with evaluation methodologies and techniques that seek to build an objective value. For this, we need to take into account the physical and urban conditions of the property, its location, and the amenities of its surroundings, among other aspects that can determine the value and future capital gain of the asset.
For the valuation, it is indispensable to quantify external and internal factors that influence each project and thus determine its viability for a new use. The aim of this is to exploit the full potential and performance of land or property.
A real estate appraisal is especially required for developments in tourist areas where capital gains generally go up and consider aspects such as a location near the beach and annual hotel occupancy.
Valuation becomes very important for property investment in times of crisis or decision making so that the process requires a reliable service and personal certificate.
In SIMCA Developments, we consider valuation as a fundamental element for our real estate projects. This is reflected in our success stories where real estate investment has generated great returns thanks to the capital gain of our properties.
We invite you to learn more relevant aspects of real estate investments by downloading this infographic that we have prepared for you.