SSadana

REPORT

Valuation report

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SSadana

Reference

VAL-1785173924843-EX04

Prepared by

Sadana Homes

This report is indicative and does not constitute an official appraisal or a binding offer.

Executive summary

Probable value

€374,964

Valuation range: €344,967€404,961

Adjusted price m²

€2,678/m²

Net rent /mo

€1,101

Net yield

3.5%

Zone classification

Premium zone

Asset summary

Location

Postal code41014
MunicipalitySevilla
ProvinceSevilla
Full addressC/ Parque de los Príncipes 23
Neighbourhood / ZoneLos Remedios

Physical characteristics

Built surface (m²)140 m²
Usable surface (m²)120 m²
Plot area (sqm)180 m²
Year of construction1995
Year of last renovation
State of conservationAverage
Property typeSingle-family house
Bedrooms4
Bathrooms2
Floor
Lift
Parking
Terrace
Storage room
Energy certificateF
Main orientationWest

Valuation result

Conservative value

€344,967

Probable value

€374,964

Optimistic value

€404,961

valuation.valuationRange: €344,967€404,961
€344,967€374,964€404,961

Base price m²

€2,432/m²

Adjusted price m²

€2,678/m²

Combined adjustment

10.2%

Adjustment breakdown

Condition
Year
Renovation
Floor
Lift
Parking
+5.0%
Terrace
+3.0%
Certificate
-3.0%
Orientation
Type
+5.0%
Plot

Market analysis

Market context for postal code 41014

Market position

Valued property€2,678/m²
Postal code average€2,432/m²
Provincial average€1,483/m²
National average€1,958/m²

The property trades 10.2% above the CP 41014 average and 80.6% above the provincial average.

Area comparables

PCPrice m²Avg. priceAvg. surfaceTransactionsVs. property
41012€2,603/m²€307,014117.9158 2.8%
41005€2,652/m²€255,25896.3385 1%
41008€2,209/m²€175,57179.5644 17.5%
41940€2,197/m²€271,828123.7389 18%
41013€2,180/m²€199,46991.5590 18.6%

Provincial trend

Provincial price m²

€1,771/m²

Annual variation

+10.9%

Quarterly variation

+4.7%

Avg. monthly transactions (last 12 months)

2,263

Vs. national average-24.2%

The Sevilla market shows an average price of €1,771/m², an annual variation of 10.9% and an average of 2,263 monthly transactions over the last 12 months. This represents a 24.2% difference vs. the national average.

Source: College of Registrars (ERI) and INE.

Market activity

Transactions recorded

586

Average transaction size

103.6 m²

Average transaction price

€251,864

Active market with 586 transactions in CP 41014.

Appreciation trend

Zone classification

Premium zone

Estimated appreciation rate

3%

Base scenario at 5 years

€434,686

Optimistic scenario at 5 years

€486,849

Zona premium: precio por m² significativamente superior a la media provincial.

Profitability analysis

Gross rent /mo

€1,469

Net rent /mo

€1,101

Net rent /yr

€13,217

Net yield

3.5%

Gross yield

4.7%

Comparison to market

Within typical range (2-5%)

Yield vs. purchase price

0%Typical 2-5%10%

Methodology

The value is calculated using the comparative method: the average price per m² for the postal code is sourced from the College of Registrars (ERI) and complementary public sources, and adjusted multiplicatively by condition, age, floor, lift, parking, terrace, energy certificate, orientation and property type. The valuation range adds conservative and optimistic margins of 8%. The rent estimate starts from a 4.5% gross annual yield, adjusted by asset type and condition, then applies a 25% costs and vacancy allowance to obtain net rent.

Market data comes from Apimaster, Sadana's real estate intelligence platform, which integrates transaction data from the College of Registrars (ERI), sales volume from the INE and the House Price Index (IPV), to provide average prices, activity and trends by postal code, province and nationwide.

Limitations: the valuation is based on statistical averages and does not replace an expert appraisal. Factors such as specific condition, material quality, exact orientation, position within the building or the existence of charges or urban planning licences may affect the real value and are not always reflected in the model.

For houses and chalets with plot, the estimated value includes a qualitative adjustment for land area. This adjustment is indicative and does not replace a specific land valuation.

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