Looking to get your property valued? Then you must know the processes and the intricacies involved in it to ensure that you are not duped. These days, Cyprus is winning rave reviews from real estate investors all around the world as ‘the place’ to buy a property in. So if you are planning to invest in a property in Cyprus or looking to sell one here, then it is essential that you be well up on the ‘ins and outs’ of getting your property evaluated accurately.
Our property valuation department has many years of experience in the field of assessment and valuation of property and undertakes the assessment and valuation of all kinds of property and interests for different purposes such us the following:
- Valuations for loan purposes
- Valuations for Insurance purposes
- Valuations for buying or selling a property
- Investment Valuations
- Asset Valuations
- Valuations for Tax Purposes
- Valuation for Land Compensation
- Valuations for Court purposes
- Rental Valuations
Ιoannis Michalaki & Associates Chartered Surveyors Cyprus carries out many feasibility studies across many sectors of business in Cyprus. Ιoannis Michalaki & Associates Chartered Surveyors Cyprus feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of the existing business and threats as presented by the environment in Cyprus and from overseas, the resources required to carry through, and ultimately the prospects for success.
Ιoannis Michalaki & Associates Chartered Surveyors Cyprus well-designed feasibility studies provide a historical background of the business or project, description of the product or service, accounting statements, details of the operations and management, marketing research and policies, financial data, legal requirements and Cyprus tax obligations.
Ιoannis Michalaki & Associates Chartered Surveyors Cyprus provides you with high quality, low cost property management services for property owners in Cyprus, whether it is a second home or an investment property used for short or long-term holiday lettings.
Your Cyprus holiday villa or apartment is probably one of the best investments you could have made. If you do not intend to stay there long term, an excellent way to cover the cost of the property is to consider letting for either long term, or shorter holiday periods. You can make a substantial income on your investment or just cover the annual costs associated with the ownership of a Cyprus property.
Ιoannis Michalaki & Associates Chartered Surveyors Cyprus offers a full Cyprus Property Management, villa maintenance, holiday rentals and cleaning package to guarantee that your investment receives the best possible care and attention so you can be assured that your home is secure and in safe hands.
In England and Europe, local councils take considerable precautions to supervise and control contractors constructing buildings and residencies against faulty use of materials and nonconformity to the standard of practice as laid out by The British or European standards Institutions.
In underdeveloped countries and Cyprus this practice does not exist, or is too loose.
Under these conditions, it is imperative that the owner must provide their own professional consultant to supervise and control the construction as per the standards laid down by the designers and the local standards Authorities.
What are the benefits of project management?
The task of a good, experienced project manager is two fold:
- To make sure and advise the contractor where not to waste time and money, and finish the contract on time.
- To make sure that the elements of the construction are fully in line with the proper construction methods, and that the materials used are in line with the specifications agreed.