As you can see, valuating an apartment is not a straightforward task. The issues regarding technical measurement and the inspection required for a valuation demand a detailed study by an expert. It's the appraiser who will determine the home's value. using an appraisal report that compiles and completely justifies each of the positive and negative aspects that impact the price indicated in the valuation.
BBVA Valora is an easy-to-use online application that generates information from publicly accessible sources and, by combining this information with algorithms, offers information of interest on various sectors, including the real estate sector.
Regarding how much a property might be worth and the characteristics of a neighborhood, all information is obtained from a property's cadastral information. The data from this registry includes housing from all of Spain, except the Basque Country and Navarre. These two autonomous communities have their own systems for calculating the cadastral value (one for each Autonomous region), and they currently have no online consultation.
If you are looking for a home and you need help, you can download the Valora View app, which will accompany you and assist you during the search process. For more information, you can focus the camera on the house you like, find out if it is available for rent or purchase and know its approximate price.
The prices shown are not an official appraisal, whereby a professional visits the property and analyzes its state of conservation and characteristics to determine the value. It also excludes aspects that modify the value, such as the state of conservation, special characteristics (views, height or waterfront property), or installations (garden, swimming pool and other services).
As such, an approximation of this kind you allows you to quickly learn three essential aspects for purchase: how much a home might be worth according to specific key factors, such as information on its cadastral value, its geolocation, its characteristics and the year it was built; the neighborhood and its sale and purchase status, the evolution of prices and types of properties in the area, and the calculations you will need to do to undertake the purchase or sale of property (mortgages, taxes, expenses, etc.). You can obtain all this information in just a few clicks with BBVA Valora.