Property Consultancy Services
TECHNICAL DUE DILIGENCE
Before making a decision on a property transaction, request a professional technical due diligence from our team to acquire an objective and transparent advice on the technical and construction issues.
Would you buy a new home in Chania, Crete without having it inspected by a seasoned professional? Most people wouldn’t. The cost of a property inspection is negligible compared to the cost of the property and can provide significant peace of mind or even modification of the property sales price to accommodate any defects or needed maintenance.
Most people cannot be experts in all aspects of home construction, including structure, plumbing, electrical, general maintenance, and overall quality and aesthetics. With all these variables, hiring an outside third party to help evaluate and protect your investment intuitively makes sense.
Why not just do the inspection yourself? For first time buyers, most of them do not possess the expertise to inspect the small details themselves. Additionally, every construction is different, so inspection is a bit of an art – you have to have a good eye and the wisdom to know what to look for.
Previous experience building houses is helpful or even mandatory. Our team consists of dedicated property construction engineers and architects providing their knowledge to our clients.
ARENCOS team of engineers, architects, and technical experts perform technical due diligence throughout the entire life cycle of properties to appraise their:
- Construction – Condition
- Non-compliance with Engineering Rules and Standards
- Level of Maintenance and Suitability
- Any other Relevant Technical Aspects
More in detail, our team identifies critical aspects through a red flag review, to enable the client to focus on core activities of the real assets and facilitate decision making.
Our expertise in technical due diligence reveals the true value of a property and its assets, starting with a building survey, and including the assessment of specifications and drawings, against industry standards, assessing repairing obligations, reviewing legal contracts, preparing budget schedules, writing reports, and entering into negotiations to protect our client’s position.
We can also develop tailored due diligence methods to meet client-specific requirements. Finally, a full due diligence report is issued, based on client feedback and the red flag review.