Facts about the Evaluation Process required to Establish the Market Estimation of the Sport Hotel Land, Cluj-Napoca

摘要

Valuation is an opinion about a value of a real estate, which reflects all the pertinent realities of an active market. The valuation process has an official character, developed under a contract on which identified parties have the guarantee and for what the assessor assumes liability. The valuation process supposes a selective research of relevant markets, assembling conclusive facts, using appropriate analytical methods, and also practicing knowledge, experiences and judgments for finding the most appropriate solutions. The assessed property consists land and buildings. Economical valuation of land approximates its favorability from certain uses from the economical point of view, which determines the relation between land and its utility. This valuation is absolutely necessary in a market economy. All the technical information on which the valuation process is based is obtained through topographic documentation. The real estate is owned by S.C. UNITA TURISM HOLDING S.A., for which has been obtained by direct comparison and extraction method its market value of about 5 million RON.