Urban properties
Houses, apartments, offices, shops, lots and warehouses in Medellín, Antioquia and across the country.
Commercial Appraisals
What is a commercial appraisal and why does it matter?
A commercial appraisal is the technical, supported estimate of the most probable price at which a property—or another asset—would sell on the market under normal supply and demand conditions. It is the document that backs up a sale, a loan, an inheritance, a negotiation with the State or an investment decision.
In Colombia the activity is regulated by Law 1673 of 2013 and Decree 556 of 2014, which require appraisers to be registered in the Open Registry of Appraisers (R.A.A.) in the category matching the asset. Methods and the minimum report content are now governed by IGAC Resolution 0941 of 2026, which replaces the former Resolution 620 of 2008.
At Lonja Agroambiental we combine environmental engineering and valuation training with more than 15 years of experience in Antioquia's real estate market, so every figure is backed by real market data rather than generic averages.
Scope
What types of assets do we appraise?
We cover the full range of properties and related assets, each with the appraiser registered in the matching R.A.A. category.
Rural properties
Farms, plots, crops and country condominiums, considering land use, vocation, water and access.
Natural resources
Environmental assets and main ecological structure, with our team's own agro-environmental approach.
Special-purpose properties
Hotels, schools, hospitals and shopping centers, where value depends on operation and use.
Intangibles
Brands, patents and going concerns, using income and cash-flow methodologies.
For judicial purposes
Appraisals for lawsuits, insolvency, expropriation or inheritance, which can become an expert report.
Use cases
When do you need a commercial appraisal?
If your situation looks like one of these, this service is for you.
- Property sales: setting the right price
- Mortgage loans or collateral
- Inheritances, marital estate liquidation and partitions
- Voluntary sale and expropriation with public entities
- Lawsuits: adverse possession, partition, lesión enorme
- Review of the cadastral value and property tax
- Tax returns and accounting statements
- Insurance, investment, mergers and asset valuation
Step by step
How does our appraisal process work?
Request and quote
You write to us by WhatsApp or email and tell us which property it is and why you need the appraisal. We send a free, personalized quote.
Document collection
We gather the property's documents (deeds, title certificate, property tax or cadastral record, utility bills).
Technical site visit
An appraiser visits the property, verifies area, buildings, condition, use, surroundings and applicable regulations, and records photographic evidence.
Market study and calculation
Comparable information is collected and filtered, and the right method is applied for the type of asset.
Report and delivery
We deliver the signed report with methodology, supporting evidence and final value, ready for your process. We can clarify or defend it if required.
Preparation
Documents we need and what you will receive
If you are missing a document, don't worry: we will guide you on how to get it, or work with what is available and state the limitations in the report.
📎 Documents
- Copy of the public deeds (escrituras)
- Certificate of title and encumbrances (certificado de tradición y libertad)
- Property tax bill (impuesto predial)
- Cadastral record (ficha predial o catastral)
- Utility bill
- Plans or permits, if available
📦 Deliverables
- Appraisal report signed by an R.A.A.-registered appraiser
- Methodology, calculation file and market sources
- Photographic record and location of the asset
- Appraiser's credentials and details
- Clarifications or later defense, if required
Legal backing
Applicable regulations
We work under current Colombian regulations. This list is indicative and does not replace legal advice for your particular case.
- Law 1673 of 2013 — appraiser regime in Colombia
- Decree 556 of 2014 — Open Registry of Appraisers (R.A.A.) and categories
- IGAC Resolution 0941 of 2026 — methods and minimum report content (site visit mandatory)
- IGAC Resolution 620 of 2008 — predecessor rule
- Decree 1170 of 2015 — compilation on appraisals and their validity
- Law 388 of 1997, arts. 61 and 80 — value in voluntary sale and expropriation
We answer your questions
Frequently asked questions: Commercial Appraisals
How long does a commercial appraisal take?
Our usual timeframes are about 48 hours for urban appraisals and around 1 week for rural and environmental ones, once documents are received. The final timeframe is confirmed in the quote according to complexity. IGAC Resolution 0941 of 2026 sets, as a general maximum reference, 30 business days unless the parties agree otherwise.
How much does a commercial appraisal cost?
It depends on the property type, location, area and purpose. That is why we give a free, personalized quote: write to us on WhatsApp at +57 300 222 0669 or at info@lonjaagroambiental.com.
Who can issue a valid commercial appraisal in Colombia?
Only individuals or companies registered in the Open Registry of Appraisers (R.A.A.) in the category matching the asset. Our appraisers are accredited in all 13 R.A.A. categories.
How long is an appraisal valid?
As a general rule, an appraisal is considered valid for one year from issuance, provided the property's physical and legal conditions and the market have not changed. The receiving entity (bank, notary, court) may apply its own requirements.
Is a commercial appraisal the same as a cadastral or a bank appraisal?
No. The cadastral value is set by the cadastral authority and is the base for property tax; the commercial appraisal estimates market value; and a bank appraisal is a commercial appraisal prepared to the lender's requirements. If your cadastral value looks excessive, see our cadastral appraisal review service.
Do you work outside Medellín?
Yes. We are based in Medellín, Antioquia, and serve the whole country. For distant properties we coordinate the site visit and state it in the quote.
Complements this service
Other services you may be interested in
Real Estate Expert Reports
Technical expert reports with legal backing for judicial and out-of-court proceedings: adverse possession, boundary disputes, inheritances, expropriation, lesión enorme and more.
View service →Cadastral Appraisal Review
If your cadastral value or property tax is higher than normal or does not reflect your property, we prepare the technical support to request a review.
View service →Cadastral & Property Consulting
Specialized advice on cadastral, property-tax and registry management for owners, companies and institutions.
View service →Client feedback
What our clients say
Real reviews published on Google.
Martha Cecilia★★★★★
Excellent advisory, punctuality. The experience and technical and legal grounding is evident. Thank you.
Miguel Castro★★★★★
Very professional and serious company. Delivers on its work.
Alianza★★★★★
Certified appraisals with the Open Registry of Appraisers. Responsible and committed.
Clients
Companies and institutions that trust us
Ready to move forward with Commercial Appraisals?
Write to us today and get a free, personalized quote from our team of R.A.A.-registered appraisers.