Feasibility Studies & Valuation Advisory

Before committing to a real estate investment, developers and financiers turn to Encon Consulting for independent and data-backed feasibility studies. Our studies help clients assess the economic viability, risks, and return potential of development projects across Albania.

Our feasibility reports include:

• Market demand and supply analysis
• Development concept testing
• Construction cost estimates and timelines
• Legal and zoning considerations
• SWOT and risk analysis
• Revenue projections and ROI modeling

We support investors, real estate developers, and banks with objective, professional insight that helps minimize risk and increase success rate. Whether you’re launching a residential, commercial, or mixed-use project, our feasibility studies are a vital decision-making tool accepted by banks and investors alike.

Encon Consulting is a fully licensed and certified property valuation firm, authorized by the Albanian government and accredited to provide professional appraisal services in accordance with both national regulations and international valuation standards (IVS and EVS).

Our team consists of experienced and qualified appraisers, registered with the relevant authorities, who bring a meticulous and data-driven approach to every valuation. Whether you are an individual homeowner, real estate developer, investor, or a banking institution, we deliver detailed valuation reports tailored to your needs.

We conduct valuations for:

• Residential Properties: Apartments, villas, houses
• Commercial Real Estate: Offices, retail units, hotels, mixed-use buildings
• Industrial Assets: Warehouses, factories, production facilities
• Development Land: Zoned or unzoned land parcels, including feasibility insights

Our valuations are widely accepted by all major banks operating in Albania, including:

• Raiffeisen Bank
• OTP Bank
• BKT Bank
• FIB Bank
• Procredit Bank
• And others

These institutions trust our valuations as part of their mortgage lending, collateral risk analysis, and investment decision processes. Every report is compiled using a combination of recognized valuation methods such as the Comparative Method, Income Approach, and Cost Method, ensuring accuracy and consistency.

If you're buying, selling, refinancing, or need an independent expert opinion for legal or investment purposes, Encon is your trusted partner for property valuations in Albania. .

Encon Consulting offers professional valuation services for a wide range of machinery, industrial equipment, and movable corporate assets. These services are essential for businesses undergoing financing, asset registration, mergers and acquisitions, liquidation, or insurance assessments.

Our team includes certified valuation professionals trained to evaluate:

• Heavy machinery (construction, mining, and agriculture)
• Manufacturing and industrial equipment
• Office equipment and IT infrastructure
• Specialized tools and production lines
• Fleet vehicles and transportation assets

We use internationally recognized valuation approaches, including the Cost Approach, Market Comparison, and Income-Based Valuation (when applicable). Our reports are compliant with International Valuation Standards (IVS) and tailored to meet the documentation and audit requirements of both Albanian and international stakeholders.

Our valuations are accepted by banks, leasing companies, auditors, insurers, and business owners, and are instrumental in supporting accurate asset management and financial reporting.

Encon provides specialized valuation services fully aligned with International Financial Reporting Standards (IFRS), helping organizations comply with accounting requirements for fair value reporting.

We assist businesses, investment funds, and auditors with:

• Property, Plant & Equipment (IAS 16)
• Investment Property (IAS 40)
• Intangible Assets (IAS 38)
• Business Combinations (IFRS 3)
• Impairment Testing (IAS 36)

Our valuations support audit processes, M&A due diligence, annual balance sheet reporting, and strategic decision-making. We work closely with leading audit firms and finance departments to ensure each valuation is robust, defensible, and audit-ready.

By choosing Encon, your IFRS compliance process becomes smoother, more reliable, and fully documented by a trusted third-party expert with over a decade of experience.

Encon is a pioneer in real estate market intelligence in Albania. Since 2012, we’ve been producing detailed, data-driven market research reports used by banks, financial institutions, investors, and policymakers.

Our research services include:

• Property price trend analysis across cities and zones
• Supply and demand dynamics
• Vacancy and absorption rates
• Yield and rental value benchmarking
• Sector-specific insights (retail, office, residential, industrial)
• Custom market reports by request

We publish an annual market research report for Tirana and other major cities, relied upon by leading banks for credit decisions and investment planning. With access to 12+ years of proprietary valuation data, Encon provides unmatched visibility into the real estate landscape of Albania.

Discounted Cash Flow (DCF) analysis is one of the most reliable tools for evaluating the long-term value of an investment. At Encon Consulting, we offer expert DCF modeling tailored to real estate developments, rental portfolios, and income-generating assets.

Our DCF reports include:

• Future income projections
• Net Present Value (NPV) and Internal Rate of Return (IRR)
• Cash flow sensitivity scenarios
• Capital expenditure (CAPEX) and operational cost forecasts
• Exit value assumptions

This service is particularly valuable for developers, private equity firms, investors, and banks seeking to understand the true value of a project beyond surface-level comparisons. Our models are grounded in real market data and updated assumptions, making them more accurate and defensible.