Cultural Assets

Leaders in the appraisal of cultural assets

Taxo is a leader company in the valuation of cultural assets, such as churches, castles, monasteries, archeological sites amongst other examples. This kind of valuations use a special method due to the several factors that can influence the calculation of the real value of a BIC. Examples of Properties with Cultural Interest are:

  • Castles.
  • Temples such as churches and Cathedrals.
  • Monasteries.
  • Manor houses.
  • Palaces.

What is it for?

Valuation reports for cultural assets are useful for several purposes:

  • Inheritances.
  • Expropiations.
  • Advice in trading.
  • Tax payment.

At the time of performing an economical valuation of any kind of property, it is required an observation of some specific characteristics: location, market situation, etc. Thus, this also happens to the valuation of cultural assets. However, they have some specific characteristics that must be also noticed, such as the architectural quality, the historical background, the artistic value, the uniqueness and the possible uses they can be given, amongst other elements.

From this perspective, the calculation of the value includes several variable elements, both quantitative and qualitative, in a market mainly motivated by the sparse and sporadic transactions.

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