Real Estate Valuation

Description

All Latvian commercial banks recognize our valuation reports.

We provide a valuation of all real estate types in Latvia without territorial, property type, and value restrictions to buyers, sellers, lessors, investors, etc. Latio is an associate of the Latvian Association of Property Appraisers (LĪVA).

Types of valuation services

Real estate valuation

Our experts have done more than 80,000 valuations across Latvia. We provide a valuation of any type of real estate such as apartments, houses, offices, commercial property, etc.

Valuation of business (company) and specialized property

We have experience and knowledge in the valuation of special properties and cash flow sites. Valuation of specialized properties like gas stations, quarries, hotels, small hydropower plants, wind power plants, biogas generation plants, mineral deposits, etc.

Valuation of movable property and forest stands

Valuating all types of production equipment, production lines, and road vehicles for business and private use in Latvia. Our team includes an expert who can provide a professional valuation of forests and forest stands anywhere in Latvia.

Advising property developers and investors

Following the market analysis data obtained by our professionals, their experience, and knowledge, we provide advisory services to developers of new apartment houses, villages, warehouses, office buildings, and business centers.

Analytical research of real estate market for corporate customers

We offer specialized analytical market research prepared for a specific purpose, circumstance, and need. Several Latvian commercial banks, investors, and developers use the market research carried out by our experts in their daily work.

We provide a valuation of the business and private property for various purposes

Type of Valuation

• For loan collateral 

• Determination of purchase and sales price 
• Investment at the stage of construction 
• For financial reports
• Court proceedings (divorce and so on, allocation of a company) 
• Attracting investors
• Investing in the share capital of a company 
• Expropriation for public purposes or in the case of litigation

Order a valuation

Market value means the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arms-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion. Order a valuation. 

Why a real estate valuation should be ordered at Latio?

How long drafting of a valuation report will take

• Valuation of an apartment in 2 to 3 business days (Riga, its closest municipalities, and Jurmala), rest of Latvia in 3 to 5 business days.
• Valuation of a detached house or a building plot in 3 to 5 business days.
• Valuation of commercial properties in 4 or 5 business days.
• The valuation time of larger properties depends on their complexity (starting from 5 business days).

The timing is given for the work that is required for the preparation of the valuation report after the actual examination of the property and reception of the documents.

Price for real estate valuation

The price of valuation depends on the type of property and specific requirements regarding the drafting of the valuation report. We have defined standard valuation prices for standard types of properties.

Do you wish to get more information about real estate valuation? Contact our valuation professionals.