{"id":28224,"date":"2017-05-10T08:18:52","date_gmt":"2017-05-10T07:18:52","guid":{"rendered":"https:\/\/www.estateone.biz\/blog\/?p=28224"},"modified":"2017-05-10T08:30:02","modified_gmt":"2017-05-10T07:30:02","slug":"much-flat-worth","status":"publish","type":"post","link":"https:\/\/www.estateone.biz\/blog\/much-flat-worth\/?lang=en","title":{"rendered":"How much is my flat worth?"},"content":{"rendered":"<p class=\"p1\">Have you ever asked yourself <strong>how much your flat is worth<\/strong>? The best way to know the answer is to ask for <strong>an expert\u00b4s valuation regarding your flat<\/strong>. However, there are <strong>some indicators<\/strong> which can give us a clue. In this article we will mention some of these indicators and we will analyse <strong>how they can influence and affect the final value of the property<\/strong>. If you do not wish to hire an expert\u00b4s valuation you can calculate the price<strong> free of charge<\/strong> by means of <strong>some online portals<\/strong>. Nevertheless, these inquiries are <strong>for guidance only<\/strong> and they are not always reliable. Furthermore, they cannot be used for legal purposes as the Spanish law states that <strong>if you take out a mortgage<\/strong> it is compulsory to hire a professional to <strong>undertake a complete valuation of the property<\/strong>. In order to carry out this task, the valuer must first of all <strong>make an in-depth study of the flat<\/strong> so as to be able to value it. The valuer will start by getting a local authority search done, because <strong>this document will show the current situation of the property<\/strong>: who its legitimate owner is, a description of the property, its location&#8230; You can apply for this document in the Land Registry.<\/p>\n<p class=\"p1\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-28232\" src=\"https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/01-piso-1.jpg\" alt=\"how much is my flat worth\" width=\"650\" height=\"615\" srcset=\"https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/01-piso-1.jpg 650w, https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/01-piso-1-300x284.jpg 300w, https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/01-piso-1-528x500.jpg 528w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/p>\n<p class=\"p1\"><strong>THE LOCATION: A KEY FACTOR<\/strong><\/p>\n<p class=\"p1\">There are <strong>several factors<\/strong> which determine the value of a flat. <strong>The most important one is its location<\/strong>. We must stress the fact that the property which is located in the cities which are most in demand, such as Madrid, Barcelona, San Sebasti\u00e1n and Ibiza is more valuable than the one located in other parts of Spain. Apart from this, we must highlight once again, that <strong>the location will always determine the market value of the property<\/strong>. <a href=\"https:\/\/www.estateone.biz\/blog\/sought-centre-madrid\/?lang=en\" target=\"_blank\">A few weeks ago, we wrote about property in the centre of Madrid<\/a>. In that article, we mentioned that as property there is in great demand, it is extremely difficult to purchase a flat in that area.<span class=\"Apple-converted-space\">\u00a0 <\/span><strong>If your flat is located in the central area of a city, the value will definitely rise<\/strong>. Regarding Madrid, a buyer will take into account if the flat is <strong>close to a Metro station<\/strong>. However, it attracts our attention that this fact is not important nor relevant<strong> if the property is located in the centre<\/strong> of a city. Just by being there, <strong>the price is much higher than the property which is located on the outskirts<\/strong>.<span class=\"Apple-converted-space\">\u00a0<\/span>Another fact which buyers also bear in mind is <strong>having a school close to the property<\/strong>. The houses which have a school within a radius of 500 meters,<strong> increase the value by 5%<\/strong> over property which is further away.<\/p>\n<p class=\"p1\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-28233\" src=\"https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/02-piso-1.jpg\" alt=\"how much is my flat worth\" width=\"650\" height=\"412\" srcset=\"https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/02-piso-1.jpg 650w, https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/02-piso-1-300x190.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/p>\n<p class=\"p1\"><strong>OTHER FACTORS<\/strong><\/p>\n<p class=\"p1\">The price of the property is also determined by <strong>its orientation and the quality of the building materials<\/strong>, especially <strong>if the house has recently been refurbished<\/strong>. We must also add that <strong>a high floor with a lift<\/strong> is more in demand than a low or ground floor. This is due to the fact that it will undoubtedly have more light and less noise. <a href=\"https:\/\/www.estateone.biz\/blog\/leed-certification\/?lang=en\" target=\"_blank\">If the building is Leed-Certified<\/a>, this will also increase its value. In any case, <strong>the final price will be set by the market<\/strong> and the law of supply and demand. Apart from everything we have mentioned, <strong>the important issue is the demand that exists in a particular area<\/strong> as well as the price of similar houses there. Therefore, we should find out the price of other houses in the area to have an idea.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you ever asked yourself how much your flat is worth? The best way to know the answer is to ask for an expert\u00b4s valuation regarding your flat. However, there are some indicators which can give us a clue. In this article we will mention some of these indicators and we will analyse how they &hellip;<\/p>\n","protected":false},"author":1,"featured_media":28225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much is my flat worth? - Blog, dulce blog<\/title>\n<meta name=\"description\" content=\"Have you ever asked yourself how much your flat is worth?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.estateone.biz\/blog\/much-flat-worth\/?lang=en\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How much is my flat worth? - Blog, dulce blog\" \/>\n<meta property=\"og:description\" content=\"Have you ever asked yourself how much your flat is worth?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.estateone.biz\/blog\/much-flat-worth\/?lang=en\" \/>\n<meta property=\"og:site_name\" content=\"Blog, dulce blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-10T07:18:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-10T07:30:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.estateone.biz\/blog\/wp-content\/uploads\/2017\/05\/00-piso-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"615\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Estate One\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Estate One\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.estateone.biz\/blog\/much-flat-worth\/?lang=en\",\"url\":\"https:\/\/www.estateone.biz\/blog\/much-flat-worth\/?lang=en\",\"name\":\"How much is my flat worth? 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