Compania Nacional De Avaluos

What Compania Nacional De Avaluos does

Compañía Nacional de Avalúos (CONAVSA) is a privately held Panamanian property valuation firm with over 25 years of operating history (recent company materials cite more than 30 years), operating through three physical branches in Ciudad de Panamá (headquarters), Penonomé, and Coronado, plus a fully digital self-service workflow. The company's core service is real estate appraisal — producing market value, commercial value, and liquidation value opinions for residential, commercial, industrial, rural, and construction-in-progress properties — using a multi-method methodology that incorporates cost, income, and market comparison approaches. CONAVSA has extended its scope into adjacent asset classes including machinery and equipment, marine vessels, vehicles, and cadastral appraisals (ANATI-certified), as well as construction loan inspections and post-sale property quality reviews.

CONAVSA generates revenue through one-time professional service fees, with standard appraisals starting at B./75.00 (per blog content) or B./110.00 (per the main website homepage) and a premium Avalúo Express tier delivering results in 48 hours. The go-to-market motion combines online intake, WhatsApp/phone/email direct sales, and physical branch presence. Appraisal reports are accepted by 20+ Panamanian banks — including Banco General, Banesco, Banco Nacional de Panamá, Caja de Ahorros, Credicorp Bank, Multibank, and Davivienda — making the firm a recognized counterparty for mortgage underwriting, collateral valuation, and construction loan monitoring. The company is owned by three partners (Ithiel Tribaldos, Fernando Céspedes, Ricardo Palomo) with no disclosed external funding or institutional investment.

CONAVSA's central technology is a fully digital, contactless appraisal methodology — from online request submission through virtual inspection to electronic payment and digital report delivery — co-developed with IVAPPAN and the ACOBIR Committee of Valuating Companies and accepted by the Banking Superintendent and Panama Banking Association. The firm also operates an online service status tracking platform. While positioned as "100% Digital," the technology stack is process digitization rather than AI/ML-driven; no proprietary automated valuation model, AI feature, or machine learning capability is disclosed. Customer segments span individual property owners and homebuyers, real estate agents and property managers, and banks/financial institutions, with a secondary footprint in industrial/manufacturing companies and marine vessel owners requiring collateral or insurance valuations.

Name

Compania Nacional De Avaluos

Legal name

Compañía Nacional de Avalúos, S.A.

Website

https://conavsa.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Compañía Nacional de Avalúos (CONAVSA) is a Panamanian property appraisal firm with 25+ years of experience, operating three branches and delivering fully digital residential, commercial, industrial, marine, and specialty-asset valuations, with reports accepted by most major Panamanian banks.

Ownership category

akta.pro rank

Product category

Property Appraisal & Valuation Services

NAICS

Offices of Real Estate Appraisers (531320)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYFSAEAHAJ

Real Estate Valuation & Appraisal (commercial/residential)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Valuation, Appraisal & Fairness Opinions

SECONDARYBPAJAKAH

Machinery & Equipment / FF&E Valuation (for Real Estate Context)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Valuation & Appraisal Services

SECONDARYBPAHANAD

Machinery, Equipment & Fixed Asset Appraisal

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Valuation, Appraisal & Forensic Services

Keywords

• Property appraisal services
• Real estate valuation
• Construction inspection
• Machinery appraisal
• Marine vessel valuation

Headquarters

HQ city

Ciudad De Panamá

HQ country

Panama

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Appraisal Fees: CONAVSA generates revenue primarily through one-time professional service fees charged for real estate and asset appraisals. Pricing starts from B./ 75.00 for standard appraisals, with express services available at premium rates. The standard delivery time is 8-10 days, with express 48-hour service available. Payment is collected in two installments: an initial deposit (abono) at the start of the process and the balance (cancelación) upon delivery of the final report.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Compañía Nacional de Avalúos (CONAVSA) provides professional property appraisal and asset valuation services across Panama, covering residential and commercial real estate, cadastral appraisals, rural land, construction-in-progress, industrial facilities, machinery and equipment, vehicles, and marine vessels. The company also delivers financial (construction loan) inspections, post-sale property inspections, and real estate market studies. The end-to-end process is conducted 100% digitally — from online request submission to virtual/contactless inspection, electronic payment, and digital report delivery — with a standard 8-10 day turnaround and an Avalúo Express 48-hour accelerated service.

Product overview

Compañía Nacional de Avalúos (CONAVSA) is a property appraisal service company operating in Panama with over 25 years of experience. The company operates as a service-based business offering a portfolio of appraisal products centered around its core property appraisal service (Avalúos de Inmuebles). The product line includes specialized appraisal services for different asset types: residential and commercial properties, cadastral appraisals, machinery and equipment, vessels/boats, vehicles, industrial properties, rural land, and construction-in-progress. Supporting services include Financial Inspection (monitoring construction progress for banks), Post-Sale Service (quality inspection of finished properties), and Market Studies. The company differentiates through its Express service delivering appraisals in 48 hours and a 100% digital process. Reports are accepted by most Panamanian banks and are certified by ANATI for cadastral purposes.

Differentiator

Problem solved

Functional benefit

Products and services

• Avalúos de Inmuebles (Property Appraisals) Personalized and express property appraisal service that determines market value, commercial value, and liquidation value for residential and commercial properties in Panama. Delivered through a 100% digital/contactless process with standard 8-10 day delivery or 48-hour Avalúo Express.
• Inspección Financiera (Financial Inspection) Construction loan inspection service for financial institutions and clients that monitors, validates, and controls the progress of construction projects, ensuring compliance with interim construction loan conditions.
• Servicio Post-Venta (Post-Sale Service) Post-sale property inspection service that compiles aspects and technical details of finishes and infrastructure not consistent with the proposed sale offer of a property, including thorough inspection of physical finishes and infrastructure verification.
• Avalúos Comerciales (Commercial Property Appraisals) Commercial property appraisals for office buildings, commercial spaces, and retail properties, determining market, commercial, and liquidation values for commercial real estate assets.
• Avalúos Industriales (Industrial Property Appraisals) Industrial property and facility appraisals including warehouses (galeras), factories, and industrial complexes.
• Avalúo Rural (Rural Property Appraisal) Rural property appraisal service for agricultural land and non-urban areas, evaluating factors including geographic location, soil quality, topography, and accessibility.
• Avalúos Catastrales (Cadastral Appraisals) Cadastral appraisal service required for property tax calculations, certified by ANATI (Autoridad Nacional de Administración de Tierras) with a validity of 5 years.
• Avalúo de Avances de Obras (Construction Progress Appraisal) Construction progress appraisal service that establishes the current value of ongoing construction projects, evaluating factors such as completion percentage, material quality, and market conditions.
• Avalúo de Obra Gris (Gray Structure Appraisal) Gray structure appraisal service for properties under construction that are at the intermediate stage, before finishing work is completed.
• Avalúos de Maquinaria y Equipo (Machinery & Equipment Appraisals) Appraisal service for heavy machinery and equipment, including construction equipment, tractors, and electronic equipment for insurance, purchase, sale, and credit purposes.
• Avalúos de Embarcaciones (Vessel Appraisals) Vessel appraisal service for containers, cargo ships, barges, tankers, cruise ships, yachts, sailboats, and watercraft, required for insurance, purchase/sale, credit, and international compliance.
• Avalúos de Autos (Vehicle Appraisals) Vehicle appraisal service to determine the fair market value of automobiles for sale, purchase, or insurance purposes.
• Estudio de Mercado (Real Estate Market Study) Real estate market study service that evaluates the potential, risks, and opportunities of land, determining feasibility and profitability for residential, commercial, or industrial development projects.

Quantifiable outcome

• Standard appraisal delivery in 8-10 days; express service in 48 hours
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

23 partnerships are on record, tiered core and minor.

• BanescocoreOthersBanesco is one of the major Venezuelan-owned banks operating in Panama. CONAVSA's appraisal reports are accepted by Banesco for mortgage and financing applications, making it a core banking partner for property valuation services.
• Banco GeneralcoreOthersOne of Panama's largest and most established private banks. CONAVSA reports are accepted by Banco General for property valuation and mortgage processing.
• Banco Nacional de PanamácoreOthersPanama's state-owned national bank. CONAVSA's appraisal services are accepted by this institution for financing applications and loan collateral assessment.
• Credicorp BankcoreOthersPanama's subsidiary of Peru's largest financial services group. Accepts CONAVSA appraisal reports for mortgage underwriting purposes.
• MultibankcoreOthersA significant regional bank operating in Panama. CONAVSA's appraisals are accepted for Multibank financing applications.
• Caja de AhorroscoreOthersPanama's state savings bank. Accepts CONAVSA appraisal reports for mortgage and loan processing.
• Banco AliadocoreOthersPanama-based bank. CONAVSA's valuations are accepted for Banco Aliado's property financing processes.
• TowerbankcoreOthersPanama-based international bank. Accepts CONAVSA appraisals for mortgage and collateral assessment.
• St. Georges BankcoreOthersPanama-based bank. Accepts CONAVSA appraisal reports for financing applications.
• Mercantil BankcoreOthersPanama-based bank. CONAVSA appraisals are accepted for Mercantil Bank's property financing processes.
• Banco DeltacoreOthersPanama-based bank. Accepts CONAVSA appraisals for property-related loan applications.
• Prival BankcoreOthersPanama-based private bank. Accepts CONAVSA appraisals for property financing.
• Banco La HipotecariacoreOthersSpecialized mortgage bank in Panama. Accepts CONAVSA valuations for mortgage underwriting.
• Banco Hipotecario NacionalcoreOthersPanama's national mortgage bank. CONAVSA appraisals are accepted for mortgage loan processing.
• BanistmocoreOthersPanama-based bank. Accepts CONAVSA appraisal reports for financing and loan applications.
• Banco BicsacoreOthersPanama-based international bank. Accepts CONAVSA appraisals for property financing.
• Capital BankcoreOthersPanama-based bank. CONAVSA's appraisals are accepted for Capital Bank's property loan processing.
• DaviviendacoreOthersPanama subsidiary of Colombian banking group Davivienda. Accepts CONAVSA appraisals for mortgage applications.
• BI BankcoreOthersPanama-based bank. Accepts CONAVSA appraisal reports for property financing.
• IVAPPAN (Instituto de Valuaciones y Peritajes de Panamá)coreStrategic or Co-development PartnerCONAVSA participates in the virtual/digital inspection protocol developed and endorsed by IVAPPAN, which was presented to and accepted by the Banking Superintendent and Panama Banking Association. This regulatory collaboration positions CONAVSA as a compliant operator within the official valuator framework.
• ACOBIR Committee of Valuating CompaniescoreStrategic or Co-development PartnerCONAVSA co-signed the digital/virtual inspection protocol developed under the ACOBIR Committee of Valuating Companies, which has been recognized by Panama's banking regulators as a valid inspection methodology.
• ANATI (Autoridad Nacional de Administración de Tierras)coreOthersCONAVSA operates as a certified perito (valuator) recognized by ANATI for cadastral appraisals. Cadastral appraisals in Panama can only be validated by ANATI, and only ANATI-certified peritos and companies can conduct appraisals that are presented before this body.
• One Group RealtorsminorChannel Partner/ Reseller/ DistributorCONAVSA maintains a branch office within the One Group Realtors facility in Coronado, enabling co-location and referral relationships with a real estate brokerage firm.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Newmark Group: Commercial real estate services firm with a dedicated valuation and advisory practice serving lenders, investors, and corporations—directly comparable appraisal offerings for similar institutional clients.
• Colliers International: Global real estate services and investment management firm with property valuation and appraisal services for commercial, residential, and industrial assets—mirrors CONAVSA's diversified asset-coverage strategy within a much larger advisory infrastructure.
• CBRE Group: Global commercial real estate services firm with a large valuation and advisory practice that serves banks, lenders, and institutional investors with property appraisals comparable to CONAVSA's core offering, but as part of a much broader services portfolio.
• Avison Young: Global commercial real estate services firm providing valuation, appraisal, and consulting services to owners, lenders, and investors—directly comparable institutional valuation use cases as part of a broader commercial real estate platform.
• Cushman & Wakefield: Global real estate services firm operating a Valuation & Advisory practice that provides commercial and residential property appraisals to banks and investors—same end-client use cases (mortgage collateral, financial reporting) as CONAVSA at much larger scale.
• Knight Frank: Global property consultancy providing residential, commercial, and rural/agricultural property valuations to banks, governments, and private clients—comparable asset-class breadth to CONAVSA, including the rural appraisal vertical.
• JLL: Global real estate services firm with a valuation and appraisal practice serving financial institutions, corporations, and investors—directly comparable appraisal services for mortgage and corporate clients, but delivered as one line within a full-services global platform.

Direct peers

• Tinsa: Spanish-origin property valuation firm with deep operations across Latin America, providing residential and commercial appraisals, market analytics, and valuation tech to banks and mortgage lenders—same core business model as CONAVSA but at greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CONAVSA1
• Facebookfacebook.com/CONAVSA
• Instagraminstagram.com/conavsa
• LinkedInlinkedin.com/company/conavsa

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Compania Nacional De Avaluos