Real Estate Investment Due Diligence Template

For Agencies, Developers, Family Offices & Private Investors

SECTION 1: Basic Property Information

Item	Description
Property Name
Address
Type	Residential / Commercial / Mixed-Use / Industrial
Size (GFA / Land Area)
Year Built / Renovated
Legal Ownership	Freehold / Leasehold / Co-ownership
Zoning Classification
Existing Use
Proposed Use (if applicable)

SECTION 2: Legal & Title Review

Item	Status	Notes
Title deed available and valid	✅ / ❌
No encumbrances / mortgages	✅ / ❌
Land registry extract obtained	✅ / ❌
No litigation / legal disputes	✅ / ❌
Compliance with zoning/building codes	✅ / ❌
Lease terms (if tenanted) reviewed	✅ / ❌
Clear boundaries and access	✅ / ❌
Easements, rights of way disclosed	✅ / ❌
Energy certificate available (if required)	✅ / ❌

SECTION 3: Financial Performance

Item	Last Year	Current Year	Notes
Purchase price	€	€
Rental income (gross annual)	€	€
Operating expenses	€	€
Net operating income (NOI)	€	€
Cap rate (NOI / Price)	%	%
Vacancy rate	%	%
Service charges recoverable	Yes / No
Rent escalation clause?	Yes / No
Property taxes (yearly)	€
Insurance premiums	€
Break-even occupancy	%

SECTION 4: Market & Location Analysis

Factor	Evaluation	Source/Notes
City growth rate	High / Moderate / Low
Demand trend for asset type	Rising / Stable / Falling
Rental yield for area	%
Nearby development risks	Yes / No
Gentrification or value drivers?	Yes / No
Accessibility (public transport, highways)	Excellent / Good / Poor
Nearby amenities (schools, hospitals, shopping)
Comparable properties (€/m² or €/unit)
Target tenant or buyer profile

️SECTION 5: Physical & Technical Review

Item	Condition	Comments
Building structure & façade	Good / Fair / Poor
Roof and drainage	Good / Fair / Poor
HVAC and mechanical systems	Good / Fair / Poor
Electrical and fire systems	Up to code?
Elevators / accessibility
Asbestos or hazardous materials?	Yes / No
Plumbing & water pressure
Parking (spaces / type)
Renovation or capital expenditure needed	Yes / No	€ Estimate

SECTION 6: Regulatory & Compliance

Item	Status	Notes
Building permit history checked	✅ / ❌
Fire safety certificates valid	✅ / ❌
Disability access compliant (if required)	✅ / ❌
Energy efficiency (EPC) classification	A–G
ESG-compliant building?	Yes / No / Partially
Property tax category confirmed	✅ / ❌

SECTION 7: Tenancy & Lease Audit (if applicable)

Item	Details
Number of tenants
Occupancy rate	%
Lease types (gross, net, etc.)
Lease durations / expiry timeline
Rent roll reviewed	Yes / No
Security deposits held	€ / Terms
Any non-performing tenants?	Yes / No
Tenant improvement obligations	Yes / No
Early termination clauses?	Yes / No

SECTION 8: Investment Strategy Fit

Factor	Assessment
Alignment with portfolio strategy	High / Moderate / Low
IRR target achievable?	Yes / No
Preferred exit timeframe	1 / 3 / 5 / 10+ years
Financing available	Yes / No
Interest from JV partners / co-investors	Yes / No
Potential to increase rent or re-zone	Yes / No

SECTION 9: Deal Summary & Recommendation

Topic	Summary
Key risks identified
Key opportunities
Suggested price negotiation points
Final recommendation	✅ Proceed / ❌ Pass / 🟡 Waitlist

Attachments & Documents Checklist

• Buy contract draft
• Title deed and land registry extract
• Floor plans and building blueprints
• Tenant lease agreements
• Rent roll
• Last 2 years of income & expense statements
• Property condition report or survey
• Energy Performance Certificate (EPC)
• Zoning & planning documents
• Recent appraisal (if available)
• Tax payment history