What is Property Valuation?

Making an independent appraisal of immovable properties.

Property valuation is making an independent appraisal of immovable properties within the framework of the legislation in force, using international scale methods, in accordance with ethical rules.

Real Estate Valuation Report In Turkey
Real estate value measurement has become an obligation by the Turkish government for foreign property sales. These regulations ware to ensure that foreign investors buy real estate in Turkey at the right price. Second, it was to consider the effective prices for calculating the property yearly taxes. Also, the government wants to know the market value of the property rather than the declared value. As a result, a valuation report is used not only as a property indicator for tax purposes. Actually, a real estate valuation is an advantage for homeowners, buyers, and investors. This report tells the true value of the property.