Concession Appraisal
What is an Appraisal of a Concession?
ADMINISTRATIVE CONCESSION AND FEE
An administrative concession is a public-private-partnership or authorisation awarded by a Public Agency on a public asset to use it privately. This type of authorisation is granted for a certain period in exchange for a consideration or fee. By the end of the concession, the property is returned to the Public Agency.
This type of appraisal requires us to analyse the cash flows produced by the system and fee of the concession, which are particularly common in operating port spaces and buildings or mining and water resources, taking into account the remaining useful life and the reversion or return value at the end of the partnership.
Who needs an Appraisal of a Concession?
APPRAISALS FOR THE CONCESSIONAIRE OR GRANTOR
This type of appraisal is needed by Public Agencies (grantor) and the beneficiaries of the concession (concessionaire).
What makes Gloval different?
EXPERIENCE AND DEEP KNOWLEDGE OF THE LAWS, URBAN PLANNING AND LEGAL MATTERS
Among its other qualifications, GLOVAL is authorised as an independent expert before the Spanish Ports Authorities and has an expert multi-disciplinary team to analyse the operating accounts and the technical-financial studies provided by the client and compare them to the concession fees.
What makes Gloval different?
EXPERIENCE AND DEEP KNOWLEDGE OF THE LAWS, URBAN PLANNING AND LEGAL MATTERS
Among its other qualifications, GLOVAL is authorised as an independent expert before the Spanish Ports Authorities and has an expert multi-disciplinary team to analyse the operating accounts and the technical-financial studies provided by the client and compare them to the concession fees.
How we do an Appraisal of a Concession?
WE EXPLAIN THE ENTIRE PROCESS TO YOU
We put our many branches and over 1,100 local experts who master the local real-estate market at your disposal.
1. Order
We will analyse your order, assign you a technical team and ask you for the documents we need.
2. Then we get started
Our technical team will contact you and arrange a date to visit the property and perform all the checks required by the laws, including registry records, occupancy status, development, cadastre, market and other checks.
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
If you are going to bid for a concession, you should know if the fee you will be paying is in line with the tender specifications.
Firstly, it is important to bear in mind that the value is not the same for the grantor and the concessionaire. The most relevant factors are the value in full ownership of the property, the payable fee, the term of the concession and the reversion value of the property at the end of the right.
The tender specifications are essential in the appraisal as they specify all the parameters governing the concession.
Appraisals, Preparation of Documents and Consultancy on applications to extend Concessions
Appraisal of Concessions according to the Law on State Ports and the Law on Sea and Land
Write to us if you have any questions or doubts. We will help you!
Contact us through the following form and our team of professionals will get in touch with you.
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