Local Valuation Principe Vergara 15 Zakrato - English
Local Valuation Principe Vergara 15 Zakrato - English
AND
VALUATION
OBJECT. - BUSINESS PREMISES PRINCIPE DE VERGARA STREET, 15
INDEX
CERTIFICATE
1.
BASIS OF ASSESSMENT
II.
BACKGROUND
111.
IV.
GENERAL COMMENT
V.
DATA SOURCE
VI.
LEGAL STATUS
VII. OPINION
VIII. APPRAISAL
IX.
CERTIFICATE
X.
ATTACHMENTS
I.-
BASIS OF ASSESSMENT
The view of value, given Comes International Standards and are based on objective
criteria, Recommends According to the directive of the European Economic
Community.
Assuming:
a). - A willing seller.
b ) .- A reasonable period to carry out the sale, taking into account the type of
property and the state Real Estate Market period.
c ) .- That real estate values remain at the same level during this period.
d ) .- That the property is exposed freely in the Housing Market.
e) . - Not offering a buyer for some reason, a special interest in purchasing the
property is taken into account.
Replacement Value
Value cost to reproduce the property at current prices of the factors of production.
Residual Value of the property
Value of the property once applied amortization and depreciation calculated by
different techniques.
Residual land value
Land value once subtracted the construction costs and benefits of the promoter.
Market value (comparison method)
Market price value by comparing the same area witnessed
Rental value
Property value in terms of revenues or income producing
Mr. Florencio Berrocoso Acua, Agent Real Estate, attached to the Official
College of Madrid, with the number 1254, acting as an EXPERT REAL ESTATE
APPRAISER with professional office at PASEO DE LA INFANTA ISABEL, 17
Local outer left (28014 - Madrid) has been commissioned by the trading
company ZAKRATO LIMITED, to assess a property for their "MARKET
VALUE", in order to obtain reliable estimates of the price of being valued.
This valuation is accepted and after institute legal "In Situ" and it is based as
follows:
I1-. BACKGROUND
111.
IDENTIFICATION
The shop is located in the neighbourhood of Goya half stretch of road called PRINCIPE DE
VERGARA marked with the order number 15, in the municipality of Madrid.
1.1.
REGISTRATION DETAILS
According simple note requested by this expert registration Property Number 1 is registered
in Madrid this record in Volume 2932, Folio 97, Book 1087, and farm number 99,918.
It has an area of:
DEEDED USEFUL AREA: 203.00 M2
BUILT WITH ESTIMATED EC: 234.00 M2 (1.15 on the working surface).
IT IS TAKEN AS THE BASIS OF CALCULATION UNDER THE ESTIMATED BUILT
AREA CONSERVATIVENESS.
1.2. AFFECTING PUBLIC PROTECTION
It affects protection level 1 being in the catalogue Urban Plan of Madrid.
1.3. ANTIQUITY YEARS OF THE BUILDING
NEW WORK ENDED YEAR 2000, physical age of the building 12 years.
NEXT TRADE ENVIRONMENT
2.1. CORE TYPE
The place is located on the ground floor of the building located half stretch of street between
Avenues of Alcal, Goya and Principe de Vergara in the urban area of the neighbourhood of
GOYA, one of the areas of the LISTA district. Qualified as local retail, the shop which
surrounds the area is structured by closed blocks regularly, with large buildings and busy
roads. The characteristic buildings of the time early last century with small shops, bars and
restaurants are separated by medians with characteristic inner courtyards blocks from the
planning of the era.
The building is located in PRINCIPE DE VERGARA Street where small shops abound in
different specialized retail sectors.
In its immediate surroundings hoteliers, cultural, recreational and sports facilities are located.
The neighbourhood is currently very busy mainly confluence of public and private transport,
the recovery of areas of services and trade in luxury widening form an engine that
streamlines the area, revalue and serves as a magnet for a market high demand. The services
EXPERT APPRAISER MR FLORENCIO ACUA BERROCOSO CHARTERED 1254 MADRID
Page 37
and catering sector, the quality of small businesses in the surrounding area and zone
residential recovery centre make this space a different sectors requested by area.
2.2. TYPE OF ACTIVITY
The location is currently busy being its retail sales activity brides dress with lease dated April
2015.
LEGAL STATUS
LEGAL DOCUMENTATION
Simple note requested by the expert to Land Registry number 1 of Madrid is provided.
MARKET INFORMATION: matrix selected filtered data.
Note: it is not considered adjustment coefficient homogenizer.
UNIT VALUES CALCULATIONS
METHODOLOGY
This expert has used an econometric methodology with local charging linear
regression models fit and descriptive analyzes adjusted averages and measures of
central analysis.
The availability of data, the market homogenization and endogenous variables makes
this system as the most appropriate calculations.
EXOGENOUS VARIABLES: price realization and local area.
ENDOGENOUS VARIABLE: price per square meter of the premises.
(It is not considered colinearity adjustment).
VALUE BOX:
Estadsticos
PRECIO METRO CUADRADO
N
Vlidos
Perdidos
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
H
is
to
g
ra
m
30
0
7679,47
6562,50
3822,173
,984
,427
,050
,833
3496
16279
F
re
c
u
n
c
ia
8
6
4
2
005
01
01
5
02
0
P
R
E
C
IO
M
E
T
R
O
C
U
A
D
R
A
D
O
APPURTENANCES
GROUND FLOOR
SURFACE
V. OF M2
234.00 7,679.47
GENERAL TOTAL
TOTAL /m2
1,796,996.00
1,796,996.00
WEIGHTINGS
VII.- OPINION
After the visit witnesses and analyzed values of the area and the data source used, are
as follows:
VALUATION
AVERAGING A UNIT VALUE OF REASON
MARKET VALUE = 1796.996,00 EUROS.
CORRECTION COEFFICIENT
The 1040 S / 1,796,996.00 EUROS
TOTAL 1,868,875.80
VIII.- APPRAISAL
The underwriting expert believes that the current real estate market, acting under
the principle of prudence, the optimal value that could reach the property
described, the logical market fluctuations would be reached and total
1,870,000.00 Euros according to my knowledge.
IX. - CERTIFICATE
And for the record at his request, I sign this CERTIFICATE OF EXPERTISE,
expressing the market value of the property being appraised for such purposes.
X. - ATTACHMENTS
Frequencies
Estadsticos
SUPERFICIE DEL LOCAL
N
Vlidos
Perdidos
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
27
0
259,85
226,00
155,760
,782
,448
-,432
,872
63
580
Vlidos
63
65
75
100
120
127
140
147
152
201
204
214
215
226
237
240
242
270
340
373
449
450
550
560
580
Total
Frecuencia
1
1
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
1
1
1
1
2
1
1
1
27
Porcentaje
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
7,4
3,7
3,7
3,7
3,7
3,7
3,7
3,7
7,4
3,7
3,7
3,7
100,0
Porcentaje
vlido
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
7,4
3,7
3,7
3,7
3,7
3,7
3,7
3,7
7,4
3,7
3,7
3,7
100,0
Porcentaje
acumulado
3,7
7,4
11,1
14,8
18,5
22,2
25,9
29,6
33,3
37,0
40,7
44,4
48,1
55,6
59,3
63,0
66,7
70,4
74,1
77,8
81,5
88,9
92,6
96,3
100,0
H
is
to
g
ra
m
F
re
c
u
n
c
ia
1
0
8
6
4
2
001
0S
2
0
3
0
4
0
5
0
6
0
U
P
E
R
F
IC
E
D
L
O
C
A
L
Frecuencies
Estadsticos
PRECIO METRO CUADRADO
N
Vlidos
Perdidos
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
27
0
6765,81
6207,00
2758,531
,734
,448
-,449
,872
3496
12658
Vlidos
3496
3750
3900
4000
4232
4270
4545
4592
4993
5625
5630
5921
6207
6429
6696
6909
7538
8140
8333
8411
8889
10000
10138
11765
12114
12658
Total
Frecuencia
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
27
Porcentaje
7,4
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
100,0
Porcentaje
vlido
7,4
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
100,0
Porcentaje
acumulado
7,4
11,1
14,8
18,5
22,2
25,9
29,6
33,3
37,0
40,7
44,4
48,1
51,9
55,6
59,3
63,0
66,7
70,4
74,1
77,8
81,5
85,2
88,9
92,6
96,3
100,0
H
is
to
g
ra
m
F
re
c
u
n
c
ia
1
0
8
6
4
2
02
5
05
0
7
5
0
1
0
1
2
5
0
P
R
E
C
IO
M
E
T
R
O
C
U
A
D
R
A
D
O
Frequencies
Estadsticos
VALORREALIZA
N
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
Vlidos
Perdidos
27
0
1802719
1699932
1266253
,687
,448
-,634
,872
269010,00
4500000
VALORREALIZA
Vlidos
269010,00
300000,00
390000,00
450000,00
489970,00
675024,00
790096,00
899992,00
900060,00
1099890,00
1287526,00
1350000,00
1699932,00
1750100,00
1799954,00
1900168,00
2099990,00
2246850,00
2400030,00
2434914,00
2999946,00
3600060,00
3749760,00
3799950,00
4000100,00
4500000,00
Total
Frecuencia
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
27
Porcentaje
3,7
3,7
3,7
3,7
3,7
3,7
7,4
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
100,0
Porcentaje
vlido
3,7
3,7
3,7
3,7
3,7
3,7
7,4
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
3,7
100,0
Porcentaje
acumulado
3,7
7,4
11,1
14,8
18,5
22,2
29,6
33,3
37,0
40,7
44,4
48,1
51,9
55,6
59,3
63,0
66,7
70,4
74,1
77,8
81,5
85,2
88,9
92,6
96,3
100,0
H
is
to
g
ra
m
F
re
c
u
n
c
ia
5
4
3
2
1
00
,1
00
,2
0
,V
0
3
0
0
,
4
0
0
,
5
0
0
,
A
L
O
R
E
A
L
IZ
A
Correlations
Correlaciones
SUPERFICIE
DEL LOCAL
1
27
,108
,592
27
,830**
,000
27
PRECIO
METRO
CUADRADO
,108
,592
27
1
VALORR
EALIZA
,830**
,000
27
,600**
,001
27
27
,600**
1
,001
27
27
Chart
P
R
E
C
IO
M
E
T
R
O
S
U
P
E
F
I
V
A
L
O
R
E
A
L
IZ
A
U
A
D
R
A
D
L
Regression
S
U
P
E
R
F
IC
E
D
LP
R
E
C
IO
M
E
T
R
O
V
A
L
O
R
E
A
L
IZ
A
L
O
A
L
U
A
D
R
A
D
b
Variables introducidas/eliminadas
Modelo
1
Variables
introducidas
VALORREALI
ZA,
SUPERFICIE
a
DEL LOCAL
Variables
eliminadas
Mtodo
.
Introducir
R
R cuadrado
,922a
,851
R cuadrado
corregida
,838
Error tp. de la
estimacin
1109,143
ANOVAb
Modelo
1
Regresin
Residual
Total
Suma de
cuadrados
168322019
29524779
197846798
gl
2
24
26
Media
cuadrtica
84161010
1230199,1
F
68,413
Sig.
,000a
Coeficientesa
Modelo
1
Coeficientes no
estandarizados
B
Error tp.
(Constante)
6093,158
421,284
SUPERFICIE DEL LOCAL
-22,234
2,504
VALORREALIZA
,004
,000
Coeficientes
estandarizad
os
Beta
-1,255
1,642
t
14,463
-8,880
11,617
Frequencies
Estadsticos
VALORREALIZA
N
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
Vlidos
Perdidos
30
0
1853714
1725016
1293616
,661
,427
-,742
,833
269010,00
4500000
Sig.
,000
,000
,000
VALORREALIZA
Vlidos
269010,00
300000,00
390000,00
450000,00
489970,00
675024,00
737978,00
790096,00
899992,00
900060,00
1099890,00
1287526,00
1350000,00
1699932,00
1750100,00
1799954,00
1900168,00
2000050,00
2099990,00
2246850,00
2400030,00
2434914,00
2999946,00
3600060,00
3749760,00
3799950,00
4000100,00
4199982,00
4500000,00
Total
Frecuencia
1
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
30
Porcentaje
3,3
3,3
3,3
3,3
3,3
3,3
3,3
6,7
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
100,0
Porcentaje
vlido
3,3
3,3
3,3
3,3
3,3
3,3
3,3
6,7
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
100,0
Porcentaje
acumulado
3,3
6,7
10,0
13,3
16,7
20,0
23,3
30,0
33,3
36,7
40,0
43,3
46,7
50,0
53,3
56,7
60,0
63,3
66,7
70,0
73,3
76,7
80,0
83,3
86,7
90,0
93,3
96,7
100,0
H
is
to
g
ra
m
F
re
c
u
n
c
ia
6
5
4
3
2
1
00
,1
00
,2
0
,V
0
3
0
0
,
4
0
0
,
5
0
0
,
A
L
O
R
E
A
L
IZ
A
Frequencies
Estadsticos
PRECIO METRO CUADRADO
N
Vlidos
Perdidos
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
30
0
7679,47
6562,50
3822,173
,984
,427
,050
,833
3496
16279
Vlidos
3496
3750
3900
4000
4232
4270
4545
4592
4993
5625
5630
5921
6207
6429
6696
6909
7538
8140
8333
8411
8889
10000
10138
11765
12114
12658
15385
16043
16279
Total
Frecuencia
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
30
Porcentaje
6,7
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
100,0
Porcentaje
vlido
6,7
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
100,0
Porcentaje
acumulado
6,7
10,0
13,3
16,7
20,0
23,3
26,7
30,0
33,3
36,7
40,0
43,3
46,7
50,0
53,3
56,7
60,0
63,3
66,7
70,0
73,3
76,7
80,0
83,3
86,7
90,0
93,3
96,7
100,0
H
is
to
g
ra
m
F
re
c
u
n
c
ia
8
6
4
2
005
01
01
5
02
0
P
R
E
C
IO
M
E
T
R
O
C
U
A
D
R
A
D
O
Frequencies
Estadsticos
SUPERFICIE DEL LOCAL
N
Vlidos
Perdidos
Media
Mediana
Desv. tp.
Asimetra
Error tp. de asimetra
Curtosis
Error tp. de curtosis
Mnimo
Mximo
30
0
248,33
220,50
154,184
,837
,427
-,226
,833
46
580
Vlidos
46
63
65
75
100
120
127
130
140
147
152
201
204
214
215
226
237
240
242
258
270
340
373
449
450
550
560
580
Total
Frecuencia
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
2
1
1
1
30
Porcentaje
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
6,7
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
6,7
3,3
3,3
3,3
100,0
Porcentaje
vlido
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
6,7
3,3
3,3
3,3
3,3
3,3
3,3
3,3
3,3
6,7
3,3
3,3
3,3
100,0
Porcentaje
acumulado
3,3
6,7
10,0
13,3
16,7
20,0
23,3
26,7
30,0
33,3
36,7
40,0
43,3
46,7
50,0
56,7
60,0
63,3
66,7
70,0
73,3
76,7
80,0
83,3
90,0
93,3
96,7
100,0
H
is
to
g
ra
m
F
re
c
u
n
c
ia
1
0
8
6
4
2
001
0S
2
0
3
0
4
0
5
0
6
0
U
P
E
R
F
IC
E
D
L
O
C
A
L
Regression
b
Variables introducidas/eliminadas
Modelo
1
Variables
introducidas
VALORREALI
ZA,
SUPERFICIE
a
DEL LOCAL
Variables
eliminadas
Mtodo
.
Introducir
R
R cuadrado
,864a
,747
R cuadrado
corregida
,728
Error tp. de la
estimacin
1992,987
ANOVAb
Modelo
1
Regresin
Residual
Total
Suma de
cuadrados
316417275
107243942
423661217
gl
2
27
29
Media
cuadrtica
1,6E+008
3971997,9
F
39,831
Sig.
,000a
Coeficientesa
Modelo
1
Coeficientes no
estandarizados
B
Error tp.
(Constante)
7283,658
706,905
SUPERFICIE DEL LOCAL
-28,278
3,784
VALORREALIZA
,004
,000
Coeficientes
estandarizad
os
Beta
-1,141
1,354
t
10,304
-7,473
8,873
Sig.
,000
,000
,000