Feasibility Studies & Property Investment Studies

• Research on planning issues
• Property market research
• Evaluation of development
• Development modeling
• Economic modeling / planning

Carmel Partners offers advice to both Public Authorities and to Private Developers to consider the possible effects of major regional or national proposals.

With our vast knowledge of the Greek property market, we can advise investors on the suitability of a proposed development. We consider such factors as type of development, location, market trends, supply and demand, building cost and environmental impact.

With our experience and innovative thinking we help clients turn their dreams into reality by assisting them in turning what sometimes seems like the impossible into functional financially viable developments.

Property Valuations & Appraisals

• Valuation of Commercial Land and Buildings
• Valuation of Residential Properties

Our expertise can provide accurate valuations and appraisals of real estate for all purposes. All staff involved has a full understanding of local practice and legal systems. We perform valuations for owners/investors seeking to buy/sell property, tenants wishing to know the annual rent they should pay, mortgagees on the value of the security and on the mortgage loans they can advance, for insurance purposes, for legal purposes, for banks, for balance sheet purposes, for mergers and acquisitions, for entry to the stock exchange market and for compulsory acquisition purposes.

Our Valuation reports are carried out in accordance with the rules and guidance notes set by the Hellenic Valuation Institute.

Project Management

• Client briefing
• Design coordination
• Planning Applications
• Construction Programming
• Contract Negotiations
• Financial Management of Construction
• Construction Management
• Space Planning
• Fit-out

Project Management is a professional service managing a construction project on behalf of a client. Managing a project involves the skill of motivating people and coordinating the diverse personalities and circumstances so as to achieve the pre-determined goals.

Our Project Management service extends to Programming, Construction Consultancy and Design and Build, always with the collaboration of professional experts.

Our Project Management team considers such factors as available budget, geographic location, technical and managerial characteristics of the project itself, and the needs and capabilities of the client, when selecting the best approach. We also take account of any special circumstances, which may arise, in specific projects.

In combination with project management we can also provide the marketing and promotion services and hence eliminate the need for a separate agent and therefore reduce the overall time period to generating revenue for our client.

Property Management / Building Consultancy

• Property Surveys / Building Inspections
• Rent and Lease Reviews
• Repair and Renovation Programmes
• Facilities Management
• Taxation and Legal Advice

Investment Consultancy & Portfolio Management

• Realization of property funds
• Property portfolio optimization
• Comparative analysis of property investments
• Identification of investment opportunities / advice

All investment decisions require the gathering and analysis of relevant information. Tight land uses and planning constraints should be met with careful and systematic assembly of market data.

Investment opportunities are identified and negotiated on behalf of the client. The investment is optimized by development / refurbishment / leasing or other methods.

Furthermore, Carmel Partners can assist a company in the formation of a property fund for large portfolios and manage to maximize income and according to the financial and other requirements of the owner, through expertise and experience transferred from our US associates.

Consultancy Services in Development Projects/Property

• Taxation / Planning
• Lease Renewals
• Ownership Disputes
• Compulsory Purchase

Carmel Partners provides taxation and planning advice and representation of the client as an expert witness in court for lease renewals, ownership disputes, valuations, compulsory purchase matters etc.

Legal services

The purchase, sale or lease of a property involves legal processes and documents that you will need to sign. The experienced legal adviser who works with our office will protect your interests and rights and be by your side every step of the way.

Legal services include clearing the title of the property at the relevant Land registry office for mortgaging, seizure etc, putting together your sale or purchase contract in collaboration with a notary, drafting the lease private agreement as well as working with your bank to facilitate the mortgage process so your purchase or selling experience is as smooth as possible.