Valuation of Agricultural Property

Agricultural property (agribusiness) that does not meet the definition of farm, ranch, or forest land is valued according to its use on the assessment date.

Service Overview

We have much experience in valuing different agricultural properties covering the entire country which include the Coconut Estates, Tea Estates, Rubber Lands, a number of tea factories, Hatcheries, Cinnamon Lands, and other mixed cultivations.

The value of agricultural buildings and other supportive improvements are estimated by the suitable contemplation of cost, market, and income approaches. The cost (DRC) method estimates the replacement cost of the building less its depreciation. The income approach takes advantage of the income flow by the improvements and process attached. Most of the time in Sri Lanka the close market comparable for a special type of agricultural business as a whole is limited. Agricultural properties include crop farms, dairy farms, timberland, and forests. These resources of land and people can harvest valuable natural outputs such as different oil, coffee, timber, livestock, milk etc.

Who Need This Service?

Agricultural business owners, Investors, Lending institutions, Government institutions

When they Need This Service?

  • In order to calculate accurate taxes.
  • When looking to invest in agricultural businesses.
  • In order to know the value of the property.

01. Transfer of ownership

To effect private and public transfer of ownership,

02. Taxation

Provides information for taxation

03. Determination of collateral

Determination of collateral for financing, and economic, land use, and investment studies.

04. Continuity of the economic base

It’s essential to ensure the availability of capital necessary to support the continuity of the economic base

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Our office is on Purana Road, Wattegedara, Maharagama, Sri Lanka. We like the miracle of flight and video calls so we work with clients all over the world.

We’re here to help and answer any question you might have. We look forward to hearing from you. Choose the appropriate category from the menu and your request will be directed to the right person.

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