It is in this context that real estate due diligence emerges as a crucial component, not only for investors and companies in the real estate sector, but also essential for any company planning to undertake any type of technical project.
What is due diligence?
Due diligence is the meticulous investigation and evaluation process carried out before making an investment or strategic business decisions. Its main objective is to provide a clear and complete view of any real estate asset under consideration, identifying potential risks, opportunities, and key aspects that may impact the profitability and success of the project.
Types of Real Estate Due Diligence:
- Legal and Urban Due Diligence: The viability of each plot of land is assessed, considering legal, urban planning, and regulatory aspects related to the asset, ensuring compliance with all local and national regulations, legal requirements, and development potential.
- Technical Due Diligence: Focuses on the assessment of the condition of the assets, including inspections. of possible visible construction anomalies, systems and installations, as well as as well as any other relevant technical aspect.
- Environmental Due Diligence: Examines the environmental impact of the project, identifying potential risks of contamination, waste management, and compliance with environmental regulations.
The real estate due diligence process generally involves the following stages:
- Documentation Analysis: All relevant technical information related to the asset is collected.
- Physical Inspection: A detailed physical inspection of the property is carried out to assess its condition and any potential construction or construction issues. Technical.
- Analysis and Evaluation: All collected data is analyzed, and the risks and opportunities associated with the property are assessed.
- Due Diligence Report: A detailed report is presented summarizing the investigation findings and providing recommendations for decision-making, establishing a timeline for the different actions.
At ALMAR CONSULTING, we are leaders in technical consulting services in the real estate sector. With extensive experience and a team of highly qualified experts, we maximize the value and minimize the risks of real estate projects and investments. Our experience in legal, technical, and environmental due diligence positions us as a trusted and valuable partner in our clients' success strategies.
