FOX undertakes the valuation of all kinds of immovable property in Cyprus through PPM VALUATIONS (NSA) LLC.
The main reasons why someone may need a valuation in Cyprus are the following:
- To use it with a bank for financing purposes
- To get the fair value when he is 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.
A FOX property valuation contains:
- 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
For Property Valuations services please do not hesitate to get in touch with FOX Realty!