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Valuation & Advisory

Development & Project Consultancy in the Cayman Islands

Find out on a spreadsheet, not on site.

What this service is

Development consultancy tests whether a scheme works before money is committed to it. Nautic prepares feasibility studies and residual land value appraisals, stress-tests viability against cost, revenue and programme, advises on phasing and procurement strategy, and monitors construction spend on behalf of lenders and funders.

The decisions that determine whether a development makes money are made before the first drawing is issued: what to build, how much of it, in what order, and at what price. We model those decisions properly, including the ones a developer would rather not test, so the scheme that proceeds is the one that survives scrutiny.

What we deliver

Scope of development & project consultancy work.

  • 01

    Feasibility studies

    Scheme options tested against cost, revenue, programme and planning risk.

  • 02

    Residual land value

    What a site is worth given what can actually be built on it and sold from it.

  • 03

    Viability and sensitivity

    Stress-testing against cost inflation, sales rates, interest and programme slippage.

  • 04

    Phasing strategy

    Sequencing that matches cash flow to sales or leasing, rather than the other way round.

  • 05

    Procurement strategy

    The right contract and risk allocation for the scheme, the market and the client's appetite.

  • 06

    Lender and funder monitoring

    Drawdown certification, cost-to-complete analysis and progress reporting for funding banks.

Working with Nautic

How an instruction runs.

  • Brief and fee. A short conversation about the property and the purpose, followed by a written fee proposal with the scope and basis of appointment stated plainly.
  • Inspection and information. We attend the property and gather the drawings, contracts, policies or accounts the instruction needs.
  • Analysis. Measurement, costing and evidence gathering, the part that decides whether the conclusion holds up under scrutiny.
  • Report. A clear document with the conclusion at the front, the reasoning behind it, and the assumptions declared.
  • Follow-through. We remain available to explain, defend and act on the advice, to a lender, an insurer, a board or a tribunal.

Related experience

Projects our team has worked on.

Team experience

Dublin · Ireland

52 & 53 Airways Industrial Estate

A 40,000 sq ft industrial and commercial interiors project in Dublin, delivered on a 12-week programme.

Size 40,000 sq ft
Team experience

George Town · Cayman Islands

Downtown Reach, Phase 2B

Phase 2B of the Downtown Reach residential scheme in George Town, comprising 14 units, fully leased following completion.

Size 14 units
Team experience

Finglas, Dublin · Ireland

Joe Duffy Motors, Finglas

A 120,000 sq ft automotive retail development in Dublin accommodating three premium marque dealerships.

Size 3 dealerships

Projects marked “team experience” were delivered by members of the Nautic team while working at previous firms and were delivered at previous firms.

FAQ

Development & Project Consultancy, questions we are asked

What is a residual land value appraisal?

It calculates what a site is worth by taking the value of the completed development and deducting construction cost, fees, finance and developer's profit. What remains is what the land can support.

At what stage should a feasibility study be done?

Before the site is bought, or before an option is exercised. A feasibility study is inexpensive relative to a site purchase and is the cheapest opportunity to say no.

What does lender monitoring involve?

Acting for the funding bank: reviewing the cost plan and contract at the outset, then certifying each drawdown against work actually completed and reporting on cost to complete.

Get in touch

Need development & project consultancy in Cayman?

A valuation, a claim that needs adjusting, a project that needs costing, or a strata that needs running properly. Start with a conversation, quotes are free.