Property Valuation
- Market value assessment
- Bank valuation forms
- Development appraisals
Property Valuations FAQ
Answers to frequently asked questions about property valuations.
A property valuation is a detailed assessment that determines the market value of a property based on its physical characteristics, location, condition, and current market conditions.
You might need a property valuation when buying or selling property, applying for a mortgage, for taxation purposes (stamp duty, inheritance tax, capital gains), during divorce proceedings, for insurance purposes, or when planning development projects.
An architect and civil engineer will visit the property to conduct a thorough inspection, taking measurements and photographs, assessing the condition, and noting specific features. This is followed by market research and analysis before preparing the final report.
Providing property documentation such as floor plans, previous valuation reports, planning permissions, and information about recent improvements or renovations is helpful. However, we can proceed with minimal details if necessary.
A property valuation conducted by a warranted Perit is a formal, comprehensive assessment backed by professional qualifications and adhering to industry standards. An estate agent appraisal is often a more informal estimate primarily used for marketing purposes.
Yes, our valuations comply with the Kamra tal-Periti Valuation Standards for Accredited Valuers 2012 and are accepted by all major financial institutions in Malta.
We have experience valuing various properties, from standard apartments to unique properties, commercial establishments, and undeveloped land with development potential.
While not always necessary, it's recommended that you or someone familiar with the property be present to provide access and answer any specific questions about the property.