We are a team of property valuators licensed by ANEVAR (National Association of Romanian Valuators) dedicated to our profession and oriented toward full satisfaction of our customers’ needs.

The National Association of Romanian Valuators was founded in 1992 as a professional, non-profit, non-governmental, independent association that acts for the public interest (as supported by the Government Decision no. 1447/09.09.2004) promoting the evaluation methods and techniques by specific means. 

As far as we are concerned, we make evaluation reports on various types of real and movable property such as:

• non-residential lands, agricultural lands, residential lands with or without buildings on them;
• properties including various buildings: office buildings, business centres, residential buildings, apartments, shopping facilities, industrial or storage facilities or special purpose constructions;
• movable property: means of transportation, special and utility vehicles, production equipment and work plants, process lines, stand-alone operation machinery, measurement, control and adjustment instrumentation. 

These evaluations are necessary to our customers for such purposes as:

• Sale or purchase of real property; 
• Value certification for emigration purposes; 
• Credit security, including for mortgage loans (pledges, mortgages, guarantees);
• Contribution in kind for the capital increase;
• Co-financing (in kind) as part of investment programs;
• Cost estimates for upgrading works or change of use;
• Real estate evaluations for embassy, required by those who wish to emigrate;
• Compensation in case of expropriation;
• Financing, insurance, leases, revaluations, contribution in kind, title conveyance for movable property.

For whom are these services designed?

The users of the evaluation reports drawn up by the members of our company are: financial-bank institutions, lease companies, financial non-bank institutions, national and multi-national companies, small enterprises, state institutions, autonomous state-owned companies, individual persons, associations and foundations.

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These values can be assessed using three major evaluation methods:

1. Net Replacement Cost  – is the main evaluation method for the fixed assets necessary for operation. It is a procedure outside the market in which the result is conditional on appropriate potential profitability and medium- and long-term reliability.
2. Income-Based Method – is part of the investor’s view, when they wish to purchase the future income-generating capacity of a property. 
3. Comparative Method – is based on a logical process in which the market value is determined by analyzing the transactions with similar and relevant properties, comparing those properties to the evaluated property and finally assessing the value of the evaluated property using conversion keys. The sale prices are analyzed using appropriate comparative items and are adjusted according to the differences between the comparative items and the evaluated asset / property. This method serves most often for evaluating the market value and the liquidation value. 

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For further details, please call us at the telephone number 0726.11.99.88  or e-mail to: office@espaco.ro.