Valuation of industrial buildings
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The appraisal of industrial buildings is an essential process to determine the real value of an industrial property in the Spanish market. This procedure is essential for sale and purchase operations, renting, business financing and tax planning. At Tecnitasa Group, we offer professional appraisal services, guaranteeing accuracy and compliance with the regulations in force in Spain.
Factors affecting the appraisal of industrial buildings
The valuation of an industrial building requires a careful analysis of multiple elements that influence its market price. Each industrial asset has its own particularities that make a personalized and detailed evaluation indispensable. The main elements that determine the value of an industrial building are explored below:
Location and logistical access
The location of the warehouse significantly influences its value. Proximity to logistics infrastructure, such as highways, ports or airports, increases its attractiveness to companies, raising its market value.
Total area and operating capacity
The built and usable area of the warehouse, as well as its storage capacity and expandability, are determining factors in the appraisal. Warehouses with more space and operational flexibility usually have a higher value.
Layout and functionality of the property
An efficient internal layout, including production areas, loading and unloading areas, and well-located offices, increases the functionality of the warehouse and, therefore, its market value.
Condition and age
The state of maintenance and age of the building directly affect its valuation. Well-preserved or recently renovated properties have a higher valuation, while those in poor condition may see their value reduced.
Licenses and legal certifications
Possessing the necessary licenses and complying with current regulations is essential to request a mortgage collateral appraisal. Order ECO/805/2003 regulates the rules for the valuation of real estate in Spain, establishing the methods and criteria to be followed in the appraisal of this type of assets.
> Why is it important to appraise an industrial building?
The professional appraisal of an industrial building is essential to guarantee an objective and accurate valuation of the property, which translates into multiple benefits for companies and owners.
Determine the real value of the property
Knowing the exact value of an industrial building is crucial to establish fair prices in sale and lease negotiations. An accurate appraisal avoids discrepancies between the parties involved and ensures fair transactions.
Ensuring access to business financing
Financial institutions require an official appraisal in order to grant loans or credits with mortgage guarantee. A professional appraisal, carried out by a company approved by the Bank of Spain, such as Grupo Tecnitasa, is essential to access financing under favorable conditions.
Facilitating purchase and sale and rental operations
A proper appraisal allows to establish competitive prices, accelerating the closing of transactions and providing security to both buyers and sellers or lessors.
Tax planning and wealth management
Accurate valuation is essential to optimize tax payments and efficiently manage corporate assets. Knowing the value of industrial properties facilitates tax planning and strategic decision making.
Valuation for industrial insurance
Determining the insured value of an industrial building is essential to protect it against possible damage, fire or natural disasters. A professional appraisal guarantees adequate coverage, avoiding underinsurance or overinsurance.
Advantages of contracting a professional industrial building appraisal service
An official appraisal guarantees value accuracy, expert technical support and security in every negotiation, protecting your investment. In addition, specialized advice reduces risks and maximizes market opportunities.
Official reports
In Tecnitasa Group we have a team of highly qualified professionals who know the peculiarities of each local market. The reports, in strict compliance with ECO/805/2003 regulations, are valid for any national financial institution. In case of being financed by an international bank, we offer valuations with RICS standards.
Up-to-date and competitive valuations
We keep up to date with industrial market trends, ensuring that our appraisals reflect the real and current value of industrial buildings, providing a solid basis for decision making.
Experience in the industrial and logistics sector
We have a team of experts with extensive experience in industrial and logistics assets, which allows us to offer a specialized service tailored to the specific needs of each client.
Discover our appraisal services
In addition to industrial buildings, Tecnitasa Group offers appraisals of other assets. Its expert team
applies specific criteria for each type of property, adapting to the particular needs of clients. Explore the available sub-services, each valuation is tailored to the characteristics of the asset.
Latest news about appraisals
Check our blog for up-to-date news and specialized articles on the appraisal industry. We offer information on trends, market changes, regulations and tips for owners and investors in this segment.
At Tecnitasa Group, we offer industrial building appraisal services with speed, accuracy and legal support. Our detailed and approved reports will provide you with the necessary information to make informed decisions. Contact us for a no-obligation quote and find out how we can help you with the valuation of your industrial assets.
Frequently asked questions on the appraisal of logistics warehouses
What documents do I need to appraise an industrial building?
In order to carry out a complete appraisal of an industrial building it is essential to have the following information:
- Legal documentation of the property, such as the simple registry note and the cadastral record.
- Technical reports detailing the state of conservation and maintenance of infrastructure and facilities, including electrical, air conditioning, security and fire extinguishing systems.
In case you want to value it as an economic exploitation it is required:
- Leases and payments: current leases, together with the last receipts paid, if any.
- Drawings: dimensioned or to scale drawings (drawing is not included in the quotation).
- Financial documentation: audited reports showing operating income and expenses for the last three years or, if construction or rehabilitation has not been completed, a feasibility study of the project.
- Activity license: corresponding permit for the development of the industrial activity.
What is the cost of a professional appraisal of industrial buildings?
The cost of an official appraisal depends on factors such as location, size and characteristics of the building.
What happens if I do not agree with the valuation obtained?
If you do not agree with the valuation obtained, you can request a review of the appraisal or ask for a second opinion from another appraiser. Some appraisal companies offer an internal review if errors are detected in the report. However, a second appraisal will incur an additional cost. It is advisable to review the report and discuss the criteria used with the appraiser if you have any doubts.
