Property appraisal in Marbella, Mijas,
Fuengirola, Estepona, Torremolinos, Malaga
All
valuations are made on the appropriate basis as agreed with the client in
accordance with the provisions and definitions of the Appraisal and Valuation
Standards unless otherwise specifically agreed and stated. Unless otherwise
stated within the report, we have adopted ‘Market Value’ and its interpretative
commentary as the basis of valuation in accordance with the current Practice
Statement of the Appraisal and Valuation Standards and which is defined as The
estimated amount for which a property should exchange on the date of valuation
between a willing buyer and a willing seller in an arm’s-length transaction
after proper marketing wherein the parties had each acted knowledgeably,
prudently and without compulsion. No allowances are made in our valuations for
any expenses of realisation that would be incurred on a sale, or to reflect the
balance of any outstanding mortgages, either in respect of capital or interest
accrued thereon. Nor are costs of acquisition included in our valuations. It
should be noted that our valuations are based upon the facts and evidence
available at the date of valuation. It is therefore recommended that valuations
be periodically reviewed.
