Karantokis Bldg., Off. 1, Princess De Tyras Str., P.O.Box 20724, 1663 Nicosia+357 22 675577roisnico@spidernet.com.cyChartered Surveyors & Valuers

3, Nicodemou Mylona Street, Limassol, P.O.Box 50354, 3603 +357 25 359191philipc@cytanet.com.cy

Stratigou Timayia Aven., Joanna Court, Off. 503, Larnaca P.O.Box 42258, 6532 +357 25 359191roisnicolaidesltd@cytanet.com.cy

Property Valuations

Property Valuations in Cyprus were the original and basic field in which property consulting services have been provided. The Firm Rois Nicolaides, K. Talattinis, Ph. Christodoulou, prepares valuations for all types of property, for all purposes. Valuations are prepared for purposes of purchase, sale, finance, information, asset valuation, capital gains tax, estate duty, immovable property tax, rent control, rent premium, leasehold, density value and others.

Valuations are prepared for the estimation of payable compensation for compulsory acquisition, or requisition, claims for introduction of planning restrictions, street widening schemes, foreshore protection, antiquities and Listed Buildings. Negotiations are carried out with the other party and evidence given before the Court as Expert Witness, for the award of payable compensation.

Among the clients of the Firm are Public and Private Companies and Institutions, Semi-Government Organizations (EAC, CYTA, Ports Authority, CBC, International Conference Centre, State Fair Authority, Industrial Training Authority, Housing Finance Organization, Cyprus Land Development Corporation), Municipalities, Improvement Boards, Local Authorities, Banks (Cyprus, Popular, Hellenic, Development, Central Co-operative, Lombard Natwest, Arab, Commercial), Co­operative Institutions and Credit Societies (many exclusively), private individuals and others. Valuation studies have been prepared for most hotels, 1 to 5 star, hotel apartments, large night clubs and restaurants, supermarkets and chain stores, golf courses, factories, port installations, office and commercial complexes, land for tourist, commercial, residential, industrial, agricultural and amenity uses, fisheries, density values and other types of property.