FAQS

We do mainly property valuations, but also provide advisory services to property funds, property investors and property developers. In addition, we share a working relationship with renowned brokering firms specialised in the residential, retail, commercial and industrial property sector.

We are based in Curepipe, Mauritius, but service the entire Mauritius and the neighbouring Southern African countries upon request.

The professional team at Aestima Ltd will ensure that you receive an accurate, well researched and professional valuation report, which are accepted by Mauritius top financial institutions. Our research database and interaction with property practitioners in the markets, ensures that we are kept abreast with current market trends.

Whether you are buying, selling, leasing, an executor of a deceased estate, undergoing a rent review, or seeking finance for any reason, you will need to know the market value of your property. Aestima Ltd will provide you with an accurate, independent market value, which is supported by our market research which includes sales and / or market rentals.

While all of the professionals mentioned above may be involved in assessing the value of a property in some capacity, a professional valuation is a distinct process conducted by a qualified and independent valuer. Here's a breakdown of the roles involved:

Professional Valuer: A professional valuer is a highly trained and certified individual who specializes in determining the market value of real estate. They are regulated by professional bodies (i.e. RICS) and adhere to strict ethical standards to ensure their valuations are objective and unbiased.

Estate Agent: An estate agent is a licensed real estate salesperson who assists in buying, selling, and renting properties. They may provide market appraisals, which are informal estimates of a property's value based on their knowledge of the local market and recent sales. However, estate agents are not qualified to conduct formal valuations

Quantity Surveyor: A quantity surveyor is a construction professional who specializes in estimating the cost of construction projects. They may provide cost estimates for new construction or renovations, but they are not typically involved in determining the market value of existing properties.

Land Surveyor: A land surveyor is a professional who measures and maps land boundaries and features. They are responsible for ensuring legal compliance and accurate property descriptions, but they are not directly involved in property valuation.

Architect: An architect is a licensed professional who designs buildings and structures. They may provide design and construction cost estimates, but they are not typically involved in market valuation.

Engineer: An engineer is a professional who designs and oversees the construction of various systems, such as electrical, structural, or mechanical systems. They may provide cost estimates for these systems, but they are not typically involved in market valuation.

The valuer will liaise with the client to inspect the property and to take external measurements should no floor plans be available. The valuer will further conduct market research and consult with the governing Local Authority to ascertain the property’s zoning classification, land use options and whether the property complies with all relevant, applicable and prevailing statute, laws, regulations and bylaws, and that its use is not unlawful.

A residential valuation request can usually be completed within 3 – 5 working days, while commercial and industrial valuations within 5– 10 working days. The turn around times is estimation, but can vary according to the complexity of the valuation.