COMMERCIAL VALUATIONS & APPRAISALS
The valuation and appraisal of real estate lies at the heart of the professional work of Smiths Gore. The firm has many years experience in valuation in the British Virgin Islands and throughout the Caribbean region. Our clients include owners, lenders, developers, investors and governments.
Valuations are based on extensive market knowledge and undertaken by an experienced staff, including Chartered Surveyors with experience in the Caribbean, the United Kingdom and the United States.
We undertake valuations of a wide range of property types, including hotels, marinas, resorts, islands, development sites, offices, retail and warehouses and for a range of different purposes:
- Financing / Mortgage
- Sale and purchase
- Asset management
- Dispute resolution
- Litigation support
- Company reporting and strategic review
- Compulsory acquisition (eminent domain)
The firm is also able to provide services in commercial project development encompassing:
- Financial feasibility analysis
- Cost analysis
- Construction management
Reports are prepared in accordance with the requirements of the RICS Valuation Standards (the ‘Red Book’). We will undertake income, cost and sales approaches to value, as warranted by the specific project. We provide detailed market research, analysis of entitlements and legal title that are so fundamental to establishing market values in the Caribbean.