RICS Certified Property Valuations

iOwn – Firm Regulated by RICS UK, provides Property Certified Valuations for a wide range of Purposes and Property types. We are certified by the Royal Institute of Chartered Surveyors, ensuring the highest professional standards of operations across our Property Valuation department. Our team of valuers also includes Certified Machinery and Mechanical equipment valuers, allowing us to offer a full range of valuation services. 

We are also insured by Professional Indemnity Insurance.

At IOWN we have a combined experience of <25 years in Real Estate Valuations and Investment Consulting. We are trusted by Greece’s largest Financial and Banking Institutions, Private Investors, Multinational Companies, Institutional Investors, Investment and Portfolio Management Companies, NPL companies, 

Certified by RICS
RICS Certified Property Valuations

Our valuation reports provide a firm tool for our clients and can be utilized for a range of purposes.

Our valuations are carried out by Certified Chartered Surveyors by the Royal Institution of Chartered Surveyors (RICS) and RICS Registered Valuers. Our valuation reports of fixed asset are in accordance with the Royal Institution of Chartered Surveyors (RICS) Valuation Standards, (“the Red Book”) and the International Valuations Standards (IVS), (RICS – www.rics.org)

By appointing a RICS Registered Valuer, you can be confident that you are working with regulated and qualified professionals who:

  •  Adhere to the ‘Red Book’ valuation standards.
  •  Are committed to openness and transparency.
  •  Are experts in their field, delivering credible and high-quality reports.

 

RICS Appraisal and Valuation Standards

All valuations are carried out in accordance with the Appraisal and Valuation Standards latest edition published by the Royal Institution of Chartered Surveyors and are undertaken by appropriately qualified valuers as defined therein.

Valuation Basis

All valuations are made on the appropriate basis as agreed with the client in accordance with the provisions and definitions of the Appraisal and Valuation Standards unless otherwise specifically agreed and stated.

  1. Property portfolios
  2.  Investment   properties
  3.  Offices
  4.  Land Under Development
  5.  Residential Property Valuations
  6.  Retail shops
  7.  Shopping Centers  
  8.  Hotels
  9.  Industrial   properties
  10.  Logistics properties
  11.  Hospitals
  12.  Specialized type properties
  13.     Plant machinery or equipment appraisals
  1. Individual Purchase and Sale Transactions
  2. International Financial Reporting Standards (IFRS)   
  3. Corporate Transactions
  4. Development Appraisals
  5. Due Diligence
  6. Auctions
  7. Fund Management Internal Reporting
  8. Mergers and Acquisitions
  9. Feasibility Studies
  10. Financing and Mortgage
  11. Real Estate Investment Companies (REIC) Annual Reporting
  12. Heritage purposes
  13. Landlord and Tenant Negotiations
  14. Initial Public Offering (IPO)
  15. Dispute resolutions 
  16. Matrimonial purposes

A surveyor may have the knowledge to complete a home buyer report but they may not be regulated by an accreditation body, such as RICS. Using a RICS Surveyor will give you peace of mind and reassurance that your chosen surveyor will have undergone thorough training and will hold the knowledge to provide you with the highest quality of service, as expected by the RICS code of conduct.

We have delivered more than 18.000 valuations on almost any type of property

Hotels – Hospitals – Shopping Malls – Industrial Buildings – Commercial Buildings – Schools – Specialized type properties – Shopping Malls – Super Markets – Residential Properties – Parking Complexes – Agricultural Lands – Cinemas/Theatres – Buildings Under Construction – Holiday Homes – Large Resorts – Shipyards – Gas Stations

What is a RICS Certified Property Valuation?

A RICS certified property valuation is an assessment of a property’s value carried out by a qualified surveyor under the standards of the Royal Institution of Chartered Surveyors (RICS). Recognized globally, RICS certification ensures that valuations meet strict guidelines outlined in the RICS Red Book. These guidelines guarantee consistency, accuracy, and compliance with international valuation standards.

At iOwn, we conduct valuations across a range of property types, including residential, commercial, and industrial properties. Whether you’re purchasing a new home or assessing an investment property, our RICS certified valuations provide the detailed insights and assurance you need.

Why You Need a RICS Certified Valuation

Having a RICS-certified valuation can make all the difference in key property decisions. Whether you’re buying, selling, or refinancing, an accurate valuation ensures you’re making informed decisions. RICS valuations are essential for mortgage applications, investment analysis, and legal requirements such as inheritance or divorce settlements.

A property’s true market value is crucial in securing favorable mortgage terms and avoiding disputes. According to the RICS, valuations conducted by their certified professionals help reduce mortgage discrepancies by up to 20%, making them a preferred choice by banks and investors alike.

The RICS Valuation Process Explained

At iOwn, we follow a rigorous process to ensure that each valuation we provide meets RICS Red Book standards. The process starts with an initial consultation, where we discuss your property’s details and the purpose of the valuation. This is followed by an on-site inspection where a RICS Chartered Surveyor assesses the property’s physical characteristics, condition, and location.

Next, we conduct a detailed market analysis, reviewing recent comparable property sales to ensure an accurate assessment. The final report includes a clear, comprehensive breakdown of the property’s value, ensuring compliance with RICS standards and providing you with a trusted valuation.

For example, one of our clients recently used our service to assess a commercial property for a major investment decision. The valuation provided them with detailed market insights, leading to a successful transaction.

Benefits of Choosing iOwn for Your RICS Certified Valuation

iOwn’s team of RICS Chartered Surveyors combines years of experience with advanced technology to deliver accurate and timely valuations. We pride ourselves on transparency, providing clear reports that are easy to understand, and offering competitive pricing with no hidden fees.

Our client-first approach has earned us the trust of homeowners, investors, and legal professionals alike. “iOwn’s service was exceptional,” said one satisfied customer. “Their RICS certified valuation helped us secure a favorable mortgage with confidence.”

FAQs About RICS Property Valuations

What is the cost of a RICS certified valuation?

The cost depends on the size and type of property.

How long does an RICS valuation take?

Typically, the valuation process takes between 5 to 10 business days, but it can vary by case.

Is a RICS valuation legally binding?

While it’s not legally binding, it is recognized as highly accurate and is often accepted in legal disputes and mortgage applications.

Can I use a RICS valuation for a mortgage?

Yes, most banks require an RICS certified valuation for mortgage purposes.

What types of properties need a RICS valuation?

Any type of property, including residential, commercial, and industrial properties, can benefit from an RICS certified valuation.

RICS Certified Property Valuations

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