Valuation Branch is responsible for carrying out valuation reports based on determined valuation principles and on the relevant legislation. Its stated mission is to conduct qualitative valuation reports for all kinds of immovable properties in an effort to serve the citizens as fast and as best as possible. Its goals and objectives are extensive and include simplification of the relevant procedures with a view to speeding up processes; dealing with the problem of old acquisition projects that haven’t yet been brought to completion; conducting the General Valuation and Revaluation of all properties in Cyprus based on 1.1.2013 prices with the introduction of the General Valuation and Taxation section within; developing a new approach for compensation payments; greater use of technology and more.
Head of the Branch: Mr. Varnavas Pashoulis
: "IASON" Building, 10, Iasonos Street, 1082 Nicosia on Griva Digeni Avenue