COMMERCIAL REAL ESTATE APPRAISAL
Commercial real estate differs from civil real estate in many respects. Obviously, this type is often more relevant to companies than individuals and of many times greater value. However, because of huge profits, investors who participate in this type will also face many risks. So, how to invest in commercial real estate safe and smart?
What is commercial real estate?
Commercial real estate is a type of real estate that generates regular income, is built and used for rental business purposes only. Commercial real estate is the largest real estate category for investment purposes.
In which, commercial real estate includes:
• Apartments and commercial houses for the main purpose of sublease.
• Office for rent.
• Industrial real estate such as warehouses, factories, ...
• Real estate for rent to open retail services such as food stores, clothing, electronics, ...
• Hotel real estate such as motels, hotels, resorts, ...
However, in our country currently popular types of buildings are built for both residential and commercial purposes. Real estate of this type is called mixed functionality.
In addition, there are other types of commercial property that may be owned by investors. Including restaurants, parking lots, real estate for entertainment purposes such as clubs, sports complexes, marinas, ...
Therefore, Commercial Real Estate Valuation is very important for unique and infrequent assets such as real estate assets. We cannot base the transaction on a particular real estate asset to show how its value has changed over time because a building can only be sold once in a time period10 years.
Valuation can be used to evaluate the investment performance of a particular real estate asset or to determine an estimate of the price or value of a property if a transaction is anticipated. . Even when a transaction occurs, a valuation certificate is often used as a basis for estimating the value of real estate (the value that a typical investor attaches to that property) instead for only to assume that the deal transaction price is equal to the value of the property. Evaluating real estate portfolio performance requires periodic, at least annual, estimates of real estate values.
With nearly 20 years of experience in the field of Valuation along with an abundant data warehouse, human resources with high expertise, Hoang Quan Valuation will provide customers with information about the value of the real estate with high reliability for each evaluation purpose.