FEASIBILITY AND VIABILITY APPRAISALS
Feasibility and Viability Appraisals – From the onset, the profitability of the real estate industry has never been doubted. It’s a low-risk investment that is capable of generating passive income for a significantly long period.
Knowing that it is profitable, it has always been the industry where every Dick and Harry wants to invest resources. While the above might paint a picture of the real estate industry as one where there can’t be a wrong investment, the reality is that lots of individuals have gotten their hands burnt by investing in the wrong property or listening to the wrong persons. For those lucky not to get burnt, they get a dismissible Return on Investment (ROI). Why should you settle for a dismissible ROI when doing the right thing can put you in a position to earn high ROI?
How can we eliminate the chance of investing in the wrong real estate property or getting low ROI? One of the surest ways is by engaging in Feasibility and Viability appraisal of the property/project in question. A Feasibility and Viability appraisal will let us know if going forward with a particular project is a “good call”. Keep in mind that a “good call” depends on what you want to achieve with the project.
Are you interested in finding out whether a particular project
- Won’t be flooded with technical flaws upon completion?
- Is a good fit for its intended environment?
- Will be completed in the specified time?
- Will return maximum ROI?
- Has a better alternative?
The response to the above questions and other related ones can only be revealed by hiring an Estate Surveyor and Valuer for Feasibility and Viability appraisals.
At Lansar Aghaji & CO, we help stakeholders, project owners, financing agencies and other relevant parties to evaluate the success rate of a particular project. By consulting with our team of professionals, we can pass a judgement that is technically, economically, financially and socially “sound”.
Below are a few of the benefits that come with Feasibility and Viability Appraisals
analysis:
- Estimation of the financial returns after deducting the total expenses incurred.
- A critical assessment of the risks attached to that property.
- Innovation solutions to the highlighted risks (if managing the risk is a better option)
- An in-depth review of other project options with lower risks and higher benefits.
From the aforementioned, we can easily deduce that the importance of Feasibility and Viability Appraisals cannot be overemphasized. The presence of a genuine F & V appraisal is what separates a gambler from a real estate investor. On the other hand, the absence of it is why so many individuals/ institutions have gotten below-par returns from investing in real estate.
One of the first steps you should take as an individual/corporate entity before spending a cent of your funds in a real estate project is by acquiring the service of an Estate Surveyor and Valuer that is well-experienced in Feasibility and Viability Appraisal.
At Lansar Aghaji & Co, we are just a phone call away from offering our services to you. Our services are opened to individuals and corporate bodies. For more information, contact us today, and we will be willing to be your investment guide.
We are experienced in the preparation of feasibility and viability reports for new or existing projects.
