PPP Business Plan 09 03
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appraisal<br />
4-MARGINAL NOTES<br />
a) The following criteria were applied for the measurement of the areas of the property:<br />
UNI 10750 standard on Real Estate Services. Requirements of Service.<br />
4.4 Criteria for property appraisal<br />
The UNI 10750 standard contains the following criteria for calculating “the surface of commercial<br />
areas”. For further information we suggest considering to purchase the documentation of UNI<br />
standards.<br />
Calculating the surface of the commercial area, depending on whether the real estate it is intended<br />
for residential use or for commercial use (offices, industrial or touristic use) the following should<br />
be considered:<br />
– the sum of passable covered areas including the surfaces occupied by interior and perimeter<br />
walls;<br />
– the weighted averages on surfaces for the exclusive use of terraces, balconies, patios and<br />
gardens;<br />
– the weighted surfaces of appliances (basements, indoor and outdoor car parking areas, boxes,<br />
etc.).<br />
The calculation of the covered surfaces must be based on the following criteria:<br />
a) 100% of the passable surfaces;<br />
b) 100% of the areas within internal non-bearing walls providing separation;<br />
c) 50% of the areas within internal bearing walls and perimeter walls.<br />
In the case of detached and / or single-family buildings, the percentage of point c) should be considered<br />
as 100%. The calculation of the areas referred to in point c) shall not, however, exceed<br />
10% of the sum referred to in points a) and b).<br />
For the calculation of uncovered surfaces, the following weighting criteria are to be used:<br />
25% of uncovered balconies and terraces;<br />
35% of covered balconies and terraces (by covered we mean closed on three sides);<br />
35% of patios and porches;<br />
60% of verandas;<br />
15% of apartment gardens;<br />
10% of villa and cottage gardens.<br />
The indicated percentages may vary according to the particular location of the real estate property,<br />
and to its external surfaces which may be roughly at the same level as the overall external<br />
sur-faces, and which may never exceed 30% of the covered surfaces - except for all those<br />
incremental or decreasing factors that characterize their particular level of environmental quality.<br />
biously the property subject to estimation belongs to the category that would determine a<br />
strong ariation of the aforesaid percentage uotas. oweer the prudential and conseratie<br />
criteria suggested by the property to the professional in charge hae not allowed for timely<br />
adoption.<br />
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