Batumi · Georgia
Commercial Property Valuation in Batumi
Commercial premises are assessed in relation to their location, permitted use and ability to attract occupiers. The assignment may concern an office, retail unit or service premises, with the scope tailored to a transaction, financing or asset review.
What affects the value
- Street frontage, visibility, access and functional layout
- Lease terms, occupancy, rent and operating costs where relevant
- Comparable sales and rentals, condition and permitted use
How the valuation is approached
Market comparisons and, where supported by evidence, an income approach can inform the valuation. Contract rent is reviewed alongside market rent and vacancy assumptions. A vacant unit and a tenanted unit may require different assumptions, which should be made clear in the report.
What to prepare
- Cadastral code, registry extract and floor plans
- Lease agreements and a rent and expense summary, if let
- Property description, photographs and intended use of the report
These are starting points. We confirm the documents and access needed for your particular assignment.
Your valuation report
The report sets out the asset being valued, valuation date and purpose, information used, relevant assumptions and the conclusion of value. The scope and the intended recipient's requirements are agreed before work begins.
Based in Batumi, serving clients across Georgia. Inspection arrangements depend on the property's location and the agreed scope.
Gogita Baramidze
Certified valuer · A-1777
GB Valuation’s valuer holds a professional certificate issued by an accredited certification body.
About our company