About the Course
Course Details
- Course Date: 6th January until 22nd January, 2024
- Course Duration: 3 week (3 days/week)
- Time: 5:30pm - 8:30pm
- Location: GUST
Introduction
The Real Estate Appraisal Program Level Three delves deeply into the appraisal process for complex commercial and industrial properties. This advanced course covers the evaluation of various types of commercial properties, including office buildings, shopping complexes, hospitals, schools, hotels, as well as industrial and state-owned properties under BOT (Build-Operate-Transfer) contracts. Participants will gain a comprehensive understanding of the real estate sector, evaluation practices, and international standards. The program emphasizes the three primary appraisal methods—cost, sales comparison, and income approaches—and applies them to the evaluation of these diverse property types through a series of practical applications. This level is designed for professionals seeking to elevate their expertise in property appraisal and tackle more sophisticated real estate assets.
Who Should Attend
- Real estate professionals looking to expand their expertise in property valuation
- Bankers, mortgage lenders, and financial professionals involved in property transactions
- Investors and property developers who want to enhance their knowledge of real estate appraisal
- Anyone interested in starting a career in real estate or gaining insight into the appraisal process for residential properties
Key Benefits
- This course has been specifically designed for the Kuwaiti market by Kuwait Finance House, one of the leading pioneers in the field of real estate appraisal, in collaboration with Gulf University for Science and Technology, a leader in the academic and educational fields
- It is the only course accredited by the Real Estate Appraisal Department at Kuwait Finance House.
- The course qualifies participants to obtain international accreditation
Program Outline
- Introduction to the Real Estate Sector
- Real Estate Development
- Contracts and Legal Aspects
- Building Regulations
- Appraisal Using the Sales Comparison Approach
- Appraisal Using the Cost Approach
- Appraisal Using the Income Approach
- Discounting and Real Estate Appraisal Report
- Practical Applications and Case Studies from the Kuwaiti Market