Factors that influence the value of specialized real estate property

Abstract

For specialized real estate properties is hard to elaborate an opinion on the value of the market because it will have very well explained. A property with limited market is one that has few buyers, at some point, sometimes because of its unique characteristics or because of changing market conditions. Some properties of this kind are a unique concept building, special materials or have an arrangement in space makes them unsuitable for any other use. Typically, these properties are hardly or not at all suitable to the transformations, which are termed immovable property with special purpose.