Tasvalor — Tasaciones y Valoraciones
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Appraisal company approved by the Bank of Spain

Mortgage appraisal approved by the Bank of Spain

If you are applying for a mortgage, moving it to another bank or extending it, the bank needs an appraisal of the property. 100% online order, on-site visit to the property and report delivered within 4 business days of the visit.

  • ✓100% online order
  • ✓On-site property visit included
  • ✓Report within 4 business days of the visit
Order my appraisal

100% online order · On-site visit included

Appraiser reviewing a home's documents

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In short

Appraisal report to apply for a mortgage loan, issued by an appraisal company registered with the Bank of Spain under Order ECO/805/2003.

What it is for

  • You are buying a home and need a mortgage
  • You want to move your mortgage to another bank (subrogation)
  • You want to extend or renegotiate a mortgage loan

What report you receive

Appraisal report and certificate for mortgage-guarantee purposes, which you can submit to the bank assessing your loan.

What is included

  • On-site visit to the property by an appraiser
  • Check of floor areas, condition and features
  • Report and certificate under Order ECO/805/2003

What is not included

  • The Land Registry note and the energy certificate, which are separate services
  • Handling procedures with banks, notaries or courts
  • Loan approval, which is decided by the bank

On-site visit

The appraisal always includes an on-site visit to the property. An appraiser contacts you to arrange the day and time, and inspects the property in person.

Documents required

  • A recent Land Registry note (if you don't have one, it can be requested separately)
  • Cadastral reference or the latest property tax (IBI) receipt
  • Contact details of the person who will provide access to the property
  • Details of the bank handling your mortgage, if you already know it

Delivery time

You receive the digital report within 4 business days of the visit.

How much it costs

The most common rates are between €330 and €456. The exact price depends on these factors. You can check it in the online order form.

  • Type of property and size
  • Location
  • Purpose of the report
  • Complexity of the documents or the property

100% online order · On-site visit included

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You can choose the appraisal company

You do not have to use the appraisal company the bank suggests. Article 3 bis I of Law 2/1981 requires the bank to accept the appraisal you provide if it is certified by an approved appraiser and has not expired.

Who can issue a mortgage appraisal

Only appraisal companies approved and registered with the Bank of Spain. Tasvalor is registered under no. 4448 since 13/12/1993 and issues its reports under Order ECO/805/2003.

Frequently asked questions

We answer your questions

You need a mortgage appraisal carried out by a company approved by the Bank of Spain that meets the applicable requirements. When you order it, state that you need it to apply for a mortgage, so the report is prepared for that purpose.

Yes. You can provide an appraisal carried out by a company approved by the Bank of Spain. The bank must accept it when it meets the applicable requirements and is still valid, without prejudice to any checks it may carry out.

Yes. You can use the same appraisal to negotiate with different banks, as long as it is still valid, has been issued by an approved company and meets the applicable requirements.

A mortgage appraisal carried out under Order ECO/805/2003 expires six months after the report's issue date. If your transaction is delayed, check that it is still valid before continuing with the financing.

It may reduce the financing available and increase the money you need to contribute. Ask your bank how the result affects your transaction. If you find errors in the report's data, you can request a review, providing documents that support them.

An appraisal above the purchase price does not guarantee that the bank will lend you more. The mortgage amount depends on the bank's criteria, the terms of the transaction and your financial situation. Confirm with the bank which amount it uses as a reference.

Yes. You can request a review and point out the specific data or aspects you consider incorrect. Provide documents that allow them to be checked. A review does not guarantee a change in value: any change must be technically justified.

No. Under article 3 bis I of Law 2/1981, the bank must accept the appraisal you provide if it is certified by an approved appraiser and has not expired. The bank may carry out checks, but cannot charge you for them.

Banks usually take the lower of the purchase price and the appraised value as the reference. Each bank decides the percentage it finances.

The appraised value is obtained by applying the methods of Order ECO/805/2003 to the data checked during the visit and to market comparables. It is not adjusted at the customer's request.

You receive it in digital format at the email address you gave when ordering.
Sources: Bank of Spain, Bank Customer Portal · Order ECO/805/2003 · Law 2/1981

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Certifications and associations

Certificaciones: AEO, IQNet, AENOR, AEV, Global Compact, RICSbuildingSMART Spain
Questions? Talk to an appraiser