Batumi · Georgia

Apartment & House Valuation in Batumi

An apartment's asking price is not necessarily its market value. A residential valuation considers the specific property and relevant market evidence for an agreed date and purpose, such as a sale, purchase or financing application.

What affects the value

  • Location, access, building condition, floor and layout
  • Registered area, renovation condition and any included land
  • Comparable properties and differences in condition, location and transaction terms

How the valuation is approached

Comparable market evidence helps assess apartments and houses. An advertised asking price is assessed in context rather than treated as a completed sale. For a rented property, rental information may also be relevant. The appropriate approach depends on the property and available evidence.

What to prepare

  1. Address or cadastral code and available registry extract
  2. Floor plan, area information and recent photographs
  3. Valuation purpose, intended recipient and required valuation date

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