Valuation of land plot
Valuation of a land plot is the process of determining its market value, which is crucial for making informed decisions in real estate. PKF Valuation of Property offers professional land plot valuation services, providing reliable data for managing your assets.
What is Valuation of Land Plot?
Valuation of land plot involves analyzing factors such as location, size, intended use, availability of utilities and infrastructure, as well as legal status. These elements play a key role in determining the market value of the plot, considering current conditions in the real estate market.
Why is Valuation of Land Plot Necessary?
Valuation of land plot is necessary for various purposes: buying and selling land, determining the taxable base, obtaining loans secured by land, and strategic planning and investments. Knowing the market value of a plot helps owners make informed decisions and effectively manage their assets.
Features of Valuation of Land Plot in Kazakhstan
In Kazakhstan, valuation of land plot requires consideration of local legal norms and economic conditions. The specifics of land use regulation, land prices in different regions, and market trends significantly influence the final valuation. Experts at PKF Valuation of Property possess in-depth knowledge in this area and are ready to provide you with substantiated data.
Advantages of Choosing PKF for Valuation of Land Plot
PKF Valuation of Property provides valuation of land plot services based on deep knowledge of the local market and international standards. Our company is accredited by all banks in Kazakhstan, and our network of offices in nine cities across the country allows us to deliver services conveniently and promptly.
When is Valuation of Land Plot Needed?
Valuation of land plot may be required in the following situations:
- Buying and Selling Land: to determine fair market value.
- Attracting Investors: to enhance the investment appeal of the plot.
- Credit Transactions: to obtain financing secured by land.
- Tax Accounting: to accurately reflect the value of the plot.
What Documents are Needed for Valuation of Land Plot?
The following list of documents is not exhaustive and may be supplemented as necessary:
- Documents related to the acquisition of the property (depending on the basis of acquisition), registered by the state registration authority (purchase agreement, gift agreement, court ruling, decision of the local executive authority, lease agreement, or other basis for acquiring rights to the land plot).
- Title document for the land plot (Act of private ownership; Act of temporary paid land use (lease); Act of permanent land use).
- Certificate of state registration of rights (encumbrances) on real estate and transactions (if available).
- Documents confirming full payment for the land plot or land use rights (if the land plot was acquired for a fee), documents confirming rental payments—copies (if available).
- Act determining the cadastral (valuation) cost of the land plot (for agricultural land).
- List of all known third-party rights to the land plot/use rights at the time of pledge—information certificate on the presence/absence of rights (encumbrances), certified by the signature of the applicant’s director and sealed by the applicant (if the applicant is a legal entity) or signed by the applicant (if the applicant is an individual) (if available).
- For agricultural land, data on the use of the land plot, yield certificates for the last three years, cost price certificates for the last three years, and additional data upon request.
Which Banks Accept Our Valuation of Land Plot Reports?
Our valuation of land plot reports are accepted by all banks in Kazakhstan (Halyk Bank, Bereke Bank, Forte Bank, Jusan Bank, NurBank, Eurasian Bank, Bank Center Credit, RBK, VTB Bank) and major financial institutions, including the Development Bank of Kazakhstan, the Eurasian Development Bank, the European Bank for Reconstruction and Development and BV Management.
Valuing a land plot requires attention to numerous factors, each of which can significantly impact your decision. At PKF Valuation of Property, we understand the importance of obtaining substantiated and reliable data for confident asset management. If you require professional land plot valuation, please leave a request, and our specialist will contact you to discuss the details and arrange a site visit.