Financial Aspects of Assessment of Projects in Property Development Cover Image

Финансови аспекти на оценката на проекти при строителното предприемачество
Financial Aspects of Assessment of Projects in Property Development

Author(s): Manu Moravenov
Subject(s): Economy
Published by: Икономически университет - Варна
Keywords: Financial evaluation; Residual Valuation; RV; Property development; Property finance
Summary/Abstract: Property development is a constant process, and therefore the developer must not just conduct a one-off appraisal in the research and evaluation phase, but rather needs to constantly reappraise the profitability of the scheme throughout the development process. Financial evaluation of property development projects uses several conventional techniques or methods, namely: Residual valuation; Cash flow method together with the discounted cash flow method (DCF); Uncertainty analysis and risk assessment; Sensitivity analysis.