Appraisal Luxury Property characteristics estate agent

How do you recognize a luxury property

When conducting an appraisal, a real estate agency valuation is based not only on Location and square footage, but it…

When conducting an appraisal, a real estate agency valuation is based not only on Location and square footage, but it is also important the type of property, so it’s possible that two adjacent properties may receive different appraisals. This is an example of luxury properties; here are some characteristics:

Generous dimensions
A luxury property is distinguished by above-average square footage, with a living area generally exceeding 240 square meters.

Customized design and fine materials
Excellent finishes, custom architecture, integrated furnishings, use of marble, fine woods, and advanced technologies.

Exclusive amenities
Private pool, spa, gym, panoramic garden, guesthouse, internal elevator, private parking, wine cellar.

Strategic location and views
Properties located in exclusive settings: panoramic, historic, or prestigious residential areas. Sea views, city views, or surrounded by nature.

Privacy and security
Private settings, controlled access, active and passive security technologies.

Advanced technology
Home automation systems, remote control, energy efficiency, smart systems.

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