Due Diligence of an asset allows purchasers/sellers to obtain its precise assessment and that of its features. In particular, it is divided into three phases:
- Checking legal documentation: the act of origin, cadastral surveys, mortgages, contracts, abuses, amnesties, etc.
- Technical assessment: responsiveness of plans filed “as is”, checking the state of the building, evaluation of the cost and time required for any adaptation of the property (repairs, alterations, change of use or redevelopment). This analysis also applies to environmental aspects as well as to structural and engineering ones.
- Economic evaluation: the possibility of transformation/enhancement of the asset in relation to the area where it is located and the market trend.