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Property Valuation

CENTURY 21® and our certified partners are officially licensed professionals who undertake the valuation of all kinds of immovable property in Cyprus.

The main reasons why you may need a valuation in Cyprus are the following:

  • To use it with a bank for financing purposes
  • To estimate the fair value of a property, as a buyer or a seller in a property transaction
  • For regulatory reasons as accounting requirements will request it
  • For taxation purposes when negotiating a valuation with tax authorities
  • When disputes arise in divisions of property, divorce cases, in property exchanges, rent control law, etc.

An official property valuation includes:

  • The market value and the force sales value of a property
  • Commentary on the legal and physical characteristics of the property and it’s future potential
  • Any other advice that the owner may require for the specific valuation use