Our references
Adriatic Appraisal is an international real estate consultancy specialising in Southeast Europe (SEE). We are offering a wide range of innovative professional real estate services, mobilizing our locally-based teams and international know-how.
Have a look into some of ours latest references.
Project management & supervision Technical due diligence, project mngt and construction supervision; Falkesteiner Hotel 250 rooms
Construction management Construction mngt of ecological building; Personal reference on behalf of UN in Podgorica 1,500 m²
Technical due diligence Technical and legal due diligence feasibility study of €5mn seaside resort development; int’l develop. 2,000 m² (2019)
Technical due diligence Technical DD and highest and best use study of a ‘Socialist-type’ warehouse complex; for int’l bank. 750 m² (2017)
Project management Project management of a serviced hotel 1450 at the ski resort Kolasin. Investment volume of €9mn.. 35,000 m² GBA (ongoing 2020)
Feasibility study & concept.design Apartment/cabin accommodation on a historical site for grant application. application. 8 apartments (2019)
Highest & best use concept.design HABU and conceptual design for a hotel conversion of an historical office building; for int’l investor. 8,000 m² (2020)
Project monitoring Validation of feasibility studies & TDDs and project monitoring of public grant applications. 50+ projects (ongoing 2020)
Defect diagnosis Defect diagnosis of sport hall in Budva; On behalf of Olympic Committee Montenegro Sport hall
Construction supervision Supervision of the reconstruction of student dormitory, personal reference on behalf of World Bank Students’ dormitory building
Construction management Construction mngt of residential building. Personal reference; investment Gradnja Promet 8,000 m²
Construction supervision Supervision of the reconstruction of Mainski Put in Budva, for the municipality of Budva Public road development
Construction supervision Supervision of the reconstruction of ulica Rifata Burdzevica in Rozaje, Montenegro, on behalf of the EU Public road development
Project monitoring Project monitoring of two logictic centres under construction, on behalf of an international bank 2,500 m² (total), Serbia (2021)
Construction supervision Supervision of the construction of fire station in Berane, Montenegro on behalf of the EU Fire station
Construction supervision Reconstruction of Danilo I hospital in Cetinje; on behalf of United Nations Development Programme Public hospital
Bosnia and Herzegovina
Valuation of development project in Ivanica (BH) at Dubrovnik; on behalf of a UK based developer.
40ha land, 17,000 m² bldgs (2017)
Bosnia and Herzegovina
Valuation of Alta Shopping Center, Sarajevo. Personal reference on behalf of HETA AG.
24,000 m²
Croatia
Valuation of Hotel Royal at the centre of Osijek, on behalf of an international investor.
4,000 m² (2020)
Croatia
Valuation a former monastery currently special purpose property on the Adriatic coast.
1,500 m² with 8,000 m² land (2019)
Various countries
Indexation and AVM pilot project covering main cities and property types in Montenegro, BiH, Serbia
Portfolio value indexation and AVM
Montenegro
The portfolio (mass) valuation of ca. 1,000 properties for CKB bank (OTP Group); within a period of 3 months.
More than 1,000 properties (2018)
Montenegro
Valuation of penthouse units in Regent Hotel, Porto Montenegro; on behalf of UAE based investor.
Penthouse units (2017)
Montenegro
Valuation of a listed Venecian palace in Dobrota, Kotor; on behalf of an Italian based stakeholder.
850 m² (2017)
Montenegro
Valuation of a special-purpose logistic centre, Podgorica, Montenegro; on behalf of an international bank.
4,000 m² (2020)
Romania
Valuation of the iconic Hotel Continental at the centre of Cluj-Napoca; on behalf of an int’l investor.
8,500 m² (2020)
Romania
Portfolio of 160 residential properties across Transylvania; on behalf of an international factoring firm.
160 residential properties (2018-19)
Romania
Valuation of building land plot in Timisoara; on behalf of an Austrian based corporation.
26,000 m² (2019)
Slovenia
Valuation of modern office building in Ljubljana; on behalf of an Austrian based bank.
10,000 m² (2018)
Montenegro Competition analysis of high-end developments in Montenegro for support to the feasibility study of the new luxury property development. Coastal Montenegro, high-end property development
Montenegro Tourism and hotel market analysis of four and five-star hotels.Coastal Montenegro, high-end property development
Romania Country and economic overview of Romania including analyses of tourism, construction, real estate, FDI and industry sectors. Romania, country report
Montenegro Liquidity analysis of the newly-built residential properties for the risk assessment of project financing. Coastal Montenegro, residential
Serbia Market snapshot of the office market segment in Belgrade and Novi Sad. Belgrade and Novi Sad, commercial
Feasibility study with technical due diligence
€5mn seaside resort development on behalf of an int’l developer.
5,000 m², Montenegro (2019)
Valuation and technical due diligence
4* hotel along the Adriatic coast for an int’l real estate fund.
250 rooms, 4* Falkensteiner (2019)
Highest and best use study with technical due diligence
‘Socialist-type’ warehouse complex; on behalf of an int’l bank.
12,000 m², Montenegro (2017)
Highest and best use study with conceptual design
Hotel conversion of an historical office building (limited format).
2,000 m², Slovakia (2020)
Feasibility study and conceptual design
Apartment/cabin accommodation on a historical site for grant application.
8 units, Romania (2019)
Feasibility study and conceptual design
Horse-riding court and stable development project.
1000 m2 , Ukraine (2020)
Financial analysis and conceptual design
A sport hall development for grant application.
2,500 m², Romania (2020)
Grant validation (with project monitoring)
Validation of feasibility studies of public grant application; incl. TDD.
50+ projects, Serbia (ongoing 2020)
Valuation & investment brochure
€140mn-investment hospitality and residential development project.
100,000 m², Montenegro
Investment brochure
Financial overview on the yield expectations of a 4* hotel.
3,000 m², Adriatic Coast
Investment brochure
Financial overview of a €2mn villa development for sales purposes.
2,500 m², Adriatic Coast
Investment brochure
Financial overview of a €30mn resort development for sales purposes
60,000m², Adriatic Coast
Legal due diligence
Residential building with planning issues; for sales purposes.
800 m², Montenegro (2019)
Distressed asset management __
A portfolio of €400mn assets; personal reference for int’l bank.
Montenegro ca. 600 properties
