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appraisal<br />
12 –SEARCING THE MARKET VALUE<br />
First of all It is necessary to clarify that considering the historical significance, the absolute uniqueness<br />
and the value of the property, any economic assessment object of the following appraisal is<br />
considered inadeguate.<br />
The great architect Giacomo della Porta (1532-1602) architect of the project, is the same architect<br />
that finished the dome of St. Peter and qualified his architectural project by the following exclusive<br />
masterpiece features:<br />
A)He integrated the new construction into the ancient preexisting Palazzetto, allowing this unit to<br />
extend and merge into the new construction without being able to recognize that you are in one<br />
side or in the other part of the Palazzo;<br />
B)He created and maintained a direct view of the entry of Santa Maria (which is the Campitelli<br />
Church located in front of the Palazzo Albertoni Spinola) from the original door of the Palazzetto,<br />
despite having built the great Palazzo in front of what preexisted building;<br />
C)He has made possible the use of the old roof secret garden of the Palazzetto with the first floor<br />
of the Palazzo, making this unit a unique property of its kind.<br />
- located in the historic center of Rome, in a unique historical and archaeological area,<br />
- features a roof garden in the very center, as well as a terrace offering an unparalleled view on<br />
Rome;<br />
- the building structure has gone through massive interventions for granting static consolidation<br />
and for completely refurbishing its common parts;<br />
-maximum flexibility with independent units and multiple entrances which, at the same time,<br />
may be connected;<br />
-autonomy of the ‘Palazzetto’ and the ‘privacy’ it enjoys, yet the freedom to use a variety of common<br />
monumental parts;<br />
- great historical value;<br />
- individual units are in excellent condition;<br />
- 4 car parking areas in the courtyard of the building;<br />
- prestigious tenant (we may not mention names here for reasons of privacy).<br />
Based on statements made in the preceding paragraphs, the evaluation of the consistency of the<br />
property goes as follows.<br />
VALUABLE COMMERCIAL SURFACE IN SQUARE METERS<br />
1309 x 22000 = 28798000<br />
COMMERCIAL STORAGE SURFACE IN SQUARE METERS<br />
36 x 4000 = 144000<br />
GARDEN SURFACES<br />
177,65 x 7333 (one third of the full price per square meter) = 1302707<br />
SURFACE OF TERRACES WITH VIEW<br />
172,86 x 11000 (half of the full price per square meter) = 1901460<br />
CAR PARKING AREAS AT THE ENTRANCE HALL OF THE ‘PALAZZO’<br />
n. 4 x100000=400000<br />
TOTAL VALUE OF PROPERTY: 30545000, FROM WHICH THE VALUE OF REDEVELOPMENT<br />
AMOUNTING TO 2,000,000 IS TO BE DEDUCTED.