Property Valuation

Property Valuation

Get the real value of your property

Whether you are interested to purchase a property in Cyprus, looking to sell your current property or just want to know the value of your apartment, we can provide you with a current market valuation of the property. Real estate transactions often require property valuations (aka appraisals) since they occur infrequently and every property is unique (especially their location & neighbohood, key factors in valuation),

A licensed professional will conduct an inspection of the property, including condition and age of the building, common areas, security, amenities, and recent renovations.

We also review the current homeowner’s charges, taxes and if possible determine possible improvements to the building that could potentially be assessed in the near term. The report is based on comparables of properties of the same size, location and/or amenities that have either been recently sold or are currently on the market. We add value to the expert’s valuation by virtue of our own base of knowledge in the areas of property consultation, finance, construction and renovation to render a valuation range consistent with the current market.

Complete valuation of the entire property

The scope of work for this evaluation is defined by:

  1. Inspection of the interior and exterior areas of the subject unit
  2. Inspection of the building and common areas
  3. Inspection of the neighborhood
  4. Research and analysis of data from reliable public and/or private sources, and recommendations and conclusions.

This evaluation report is to help you evaluate the property in the context of making an informed decision regarding purchase or other transaction related to the property.

land and building developers association International Real Estate Federation