Appraisal for leases or rentals

What is an appraisal for a lease or rental?

DETERMINING AN OBJECTIVE RENT

Operations to lease or rent a property are meant to be done under the best conditions possible that will ensure the safekeeping of the asset, whether acting as landlord or tenant.

This type of appraisal reveals the market value of the objective rent for a property on a certain date, by carrying out a thorough market study on similar rentals and analysing the distinguishing aspects that can be a determining factor to establish the fair rent.

Renting is the most traditional way of letting out a property, but there are others like leasing.

Who needs an appraisal for a lease or rental?

APPRAISALS FOR THE LANDLORD OR TENANT

A landlord who needs to determine the value of the rent to be charged or revised in exchange for letting out the property.

The tenant who needs to rent a property under the best conditions and at the best rate.

gloval What makes Gloval different?

EXPERTS IN APPRAISING THE RENTAL MARKET

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Determining a fair market rent requires expert knowledge of the rental market which is so different from the property sales market that is driven by factors inside and outside the market.

Gloval has external and internal experts who are used to doing this type of analysis as part of their daily work. Their experience in different areas helps certify their estimates.

Order Appraisal

gloval What makes Gloval different?

EXPERTS IN APPRAISING THE RENTAL MARKET

Order Appraisal
separador-vertical

Determining a fair market rent requires expert knowledge of the rental market which is so different from the property sales market that is driven by factors inside and outside the market.

Gloval has external and internal experts who are used to doing this type of analysis as part of their daily work. Their experience in different areas helps certify their estimates.

How we do an appraisal for a lease or rental?

KNOWLEDGE OF THE RENTAL MARKET

We put our many branches and over 1,100 local experts who master the local real-estate market at your disposal.

1. Order

Tell us your needs by filling in our form.
We will analyse your order, assign you a technical team and ask you for the documents we need.

2. Then we get started

Our expert team will contact you to arrange a date for the visit to the property when it needs to be checked, and will analyse the rental market, etc.

3. Your value

Before you receive it, the property appraisal or valuation goes through a calculation process led by experts who specialise in the real-estate market and then a technical validation process run by Gloval to ensure the quality throughout the entire process and give you the best service possible.

4. Delivery

We will then send you the report and will remain at your disposal for any doubts you may have.

Frequently Asked Questions

No, but it is advisable to have an appraisal before you make a decision.

Technically no. The term valuation is reserved for appraisals regulated by Spanish Order ECO/805/2003 and are mostly used for Mortgage Guarantees.

Usually, our reports are issued for a specific purpose, but remember that in this case we want to find the market value of a rent on a certain date and it can be under the assumptions you suggest. We advise you to link the appraisal to a specific purpose.

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