You will see 3 amounts in a Public Deed (title).

The first one is the cadastral value, such value is provided by the municipality and is usually going to be the lowest value or amount in the Public Deed, this value is the base of the property tax calculation.

The second one is the appraisal value, usually the appraisal is the same amount as the commercial value (purchase price).

The third and most important one is the purchase price or commercial value, such amount is the one that the parties agreed to.