Batumi · Georgia

Land Valuation in Batumi & Georgia

Two plots of the same size can have very different values. Land valuation considers the rights and characteristics of a specific plot, its location and the uses supported by the available documentation, at the agreed valuation date.

What affects the value

  • Location, plot size, shape, terrain and access
  • Registered designation, restrictions and documented permitted use
  • Available utilities and comparable land market evidence

How the valuation is approached

Comparable land evidence is reviewed with attention to differences in access, designation and development potential. A possible future project does not automatically establish development rights. Planning assumptions need documentary support; the valuation does not replace permission from the relevant authority.

What to prepare

  1. Cadastral code and current registry extract
  2. Cadastral plan and available boundary or survey information
  3. Existing planning documents, restrictions and valuation purpose

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