START-ALLIANCE LLC. PROVIDES REAL ESTATE VALUATION SERVICE IN MOSCOW, RUSSIA.

Real estate concept encompasses a wide variety of different types of properties which are attached to the land and cannot be moved without making a major damage to these properties. According to the Russian Civil Code, "Immovable property includes land plots, subsoil plots, isolated water objects and everything permanently attached to the land, i.e. any objects, including forests, longstanding plantations, buildings and structures which can not be removed without disproportionate impairment of their function” .

Valuation of real estate is probably the most common type of valuation activities in Russia. It involves determining value for the subject property or some individual rights in regard to this property (tenant rights, rights of use, etc.). An expert valuation can be conducted to value various kinds of property, such as industrial, social or recreational buildings, industrial complexes; residential houses, condos, rooms and other residential premises; office, warehouse and industrial premises; land plots, longstanding plantations, i.e. gardens, parks, squares, developed plots in gardening and country.

In regard to real estate different types of value can be determined, depending on valuation purpose. At the negotiation stage you can instruct the appraiser to determine one or several types of value for the subject property. The most commonly used types of value in regard to real estate are:

• market value - the most probable price of the subject property if sold in the open market;
• reproduction value - the total cost of reproducing an asset identical to the subject property at market prices;
• liquidation value - the value of the subject property in the event of its forced liquidation within the period less than the normal period of exposure for similar properties;
• investment value - the value assuming the earning capacity of the property and particular investment purposes.

You can also instruct the valuer to determine reasonable rental payments for a property in preparation of a lease agreement or ask to develop the most efficient business plan for commercial use of a certain property. Value indications based on different types of value will provide you with unbiased information about the real value of the subject property and may be useful in making decisions related to its commercial use.

Property valuation takes into account all factors affecting the value of the property, including its location, availability and quality of infrastructure, remoteness from major centres, transport service, environmental conditions, physical conditions of the property and the wear and tear of its main structures.

DOCUMENTS AND INFORMATION REQUIRED FOR REAL ESTATE VALUATION:

Land: land plots, subsoil plots, isolated water objects, forests, longstanding plantations, etc.

Buildings and structures.: individual residential houses, commercial and industrial buildings, highways, bridges, tunnels, tanks and vessels, pipelines, railway tracks, cable lines, power transmission lines, etc.

We have extensive experience in providing professional property valuation services in Moscow and throughout other Russian regions. Our valuation reports meet all Russian and international standards and have the status of a public document of evidential significance.