Property Appraisal in El Salvador

At Grupo GarZel, we specialize in providing comprehensive property appraisal services throughout El Salvador. Our valuations are fully accredited by the Financial System Superintendence, ensuring that all our reports meet the highest regulatory standards for financial and legal purposes.

Our Expertise

We offer professional appraisal services for:

• Residential Properties – From basic housing to luxury mansions
• Commercial Properties – Retail spaces, office buildings, and mixed-use developments
• Industrial Properties – Specialized facilities with custom valuation requirements
• Rural Land – Properties with residential or commercial potential, including land use change consultation

Appraisal Methodology

Our valuations follow officially recognized methodologies required by the Financial System Superintendence:

1. Cost Approach – Using the Ross-Heidecke depreciation technique to determine replacement value
2. Market Comparison Method – Analyzing comparable properties to establish current market value

These complementary approaches ensure a comprehensive and accurate valuation of your property.

Common Uses for Our Appraisals

Our clients request property appraisals for various purposes:

• Property Sales – Establishing fair market value for negotiations
• Purchase Decisions – Determining appropriate offering prices
• Insurance Coverage – Particularly important for industrial properties
• Estate Distribution – Dividing properties among heirs
• Legal Requirements – Court-ordered valuations and other legal proceedings
• Financial Transactions – Mortgage applications and financing

Financial Institution Acceptance

Our appraisals are recognized by the Financial System Superintendence and can be presented to any banking institution. However, it’s important to note that some banks and cooperatives work exclusively with their own panel of appraisers. We can advise you on which institutions accept external appraisals.

Process and Requirements

To request an appraisal, you’ll need to provide:

• Copy of the property deed
• Certified property extract issued within the last 60 days (as required by the Financial System Superintendence)

After conducting the on-site property inspection, we deliver completed appraisal reports within 7 business days.

Our Pricing Structure

Our fees vary based on property type and complexity:

• Basic Residential Properties: $120-$150
• Mid-Range Urban Properties: $200-$250
• Luxury Residences/Mansions: Custom pricing (higher range)
• Industrial Properties: Custom pricing based on complexity

Contact Information

To request a quote or schedule an appraisal, please contact Grupo Garce at: [Your contact information]

All our services comply with the regulations established by the Financial System Superintendence of El Salvador.