SSadana

REPORT

Valuation report

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SSadana

Reference

VAL-1785173924844-EX05

Prepared by

Sadana Homes

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

Executive summary

Probable value

€180,768

Valuation range: €166,306€195,229

Adjusted price m²

€3,615/m²

Net rent /mo

€475

Net yield

3.2%

Zone classification

Premium zone

Asset summary

Location

Postal code41002
MunicipalitySevilla
ProvinceSevilla
Full addressC/ Feria 30
Neighbourhood / ZoneSan Lorenzo

Physical characteristics

Built surface (m²)50 m²
Usable surface (m²)42 m²
Year of construction1950
Year of last renovation2023
State of conservationExcellent
Property typeStudio
Bedrooms0
Bathrooms1
Floor1
LiftNo
ParkingNo
TerraceNo
Storage room
Energy certificateB
Main orientationNorth

Valuation result

Conservative value

€166,306

Probable value

€180,768

Optimistic value

€195,229

valuation.valuationRange: €166,306€195,229
€166,306€180,768€195,229

Base price m²

€3,463/m²

Adjusted price m²

€3,615/m²

Combined adjustment

4.4%

Adjustment breakdown

Condition
+8.0%
Year
-5.0%
Renovation
+3.0%
Floor
+2.0%
Lift
Parking
Terrace
Certificate
+4.0%
Orientation
-3.0%
Type
-4.0%
Plot

Market analysis

Market context for postal code 41002

Market position

Valued property€3,615/m²
Postal code average€3,463/m²
Provincial average€1,483/m²
National average€1,958/m²

The property trades 4.4% above the CP 41002 average and 143.8% above the provincial average.

Area comparables

PCPrice m²Avg. priceAvg. surfaceTransactionsVs. property
41018€3,552/m²€382,398107.7134 1.8%
41001€3,556/m²€460,874129.6177 1.6%
41011€3,247/m²€422,484130.1265 10.2%
41010€3,156/m²€261,76582.9487 12.7%
41003€2,949/m²€291,00398.7431 18.4%

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

255

Average transaction size

94.9 m²

Average transaction price

€328,755

255 transactions recorded in CP 41002 — limited sample. Provincial activity reaches 22,694 transactions.

Appreciation trend

Zone classification

Premium zone

Estimated appreciation rate

4%

Base scenario at 5 years

€219,932

Optimistic scenario at 5 years

€246,324

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

Profitability analysis

Gross rent /mo

€633

Net rent /mo

€475

Net rent /yr

€5,694

Net yield

3.2%

Gross yield

4.2%

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.

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