
GALATA | PROJECTS
The development of the most financially efficient construction project on a property depends on various factors such as the property’s characteristics, zoning and building regulations, legal requirements, and the supply-demand balance in its environment.
Project valuation studies are based on identifying the property and determining the parameters that affect its value through comprehensive regional analyses. As a result of these assessments and calculations, the study reveals the highest and best use of the property and guides investors, developers, and property owners in making the most accurate decision among alternatives.
The most common applications of project valuation include profitability analyses, preliminary feasibility studies, cash flow and cost projections, determination of the optimal function, and competitor analyses. Conducted collaboratively by multidisciplinary teams, these studies not only assess the property’s current use but also provide projections for potential future uses.
Therefore, project valuation offers more than a snapshot of current value — it delivers a strategic outlook on the property’s future potential.
Among the methods frequently used in this process are the direct capitalization approach, annuity calculations, and discounting analyses based on the time value of money principle.




