Real estate valuation is an estimation and assessment process regarding the value of a property, depending on criteria such as the location, size, nature, physical characteristics of the real estate, supply and demand conditions of the market in which it is located, market conditions, the legal situation, and the income potential.
The scope of real estate valuation includes all kinds of property types, especially asset types such as lands, residential properties, commercial properties, industrial properties, health facilities, office buildings, warehouses, tourism&hospitality facilities, shopping malls etc. In addition to the real estate valuation, the valuation of the rights and benefits attached to the real estate is also a part of the valuation process.
Real estate valuation is generally used for the following purposes, including but not limited to:
It is important that the real estate valuation is carried out by an independent and impartial valuer within the framework of the International Valuation Standards (IAS). In Turkey, the authority to offer real estate valuation services has been granted to CMB Licensed Real Estate Appraisal Companies authorized by the Capital Markets Board (CMB), and it is recommended to get services from companies with CMB licenses.
As a company authorized by the CMB, BRSA and RICS, thanks to our team which consists of 300 valuers, we offer impartial and objective valuation services for all types of properties, in accordance with International Valuation Standards and ethical rules, both in Turkey and abroad.