Thomas Dimopoulos, Founder and CEO of AXIA Chartered Surveyors, as a guest of Tasos Bilianidis, explains how the market value of a property is calculated by valuers and why valuation results may vary among different valuers. He discusses the standards followed in valuations and potential future changes, while also elaborating on the undergraduate and postgraduate Real Estate programs at Neapolis University Pafos.
Furthermore, the guest comments on his article regarding the government’s new housing policy, expressing his views on the underutilization of dormant assets and the bureaucracy in the real estate sector. He emphasizes that a skilled valuer relies on credible data and highlights the importance of data in making better predictions in the property market.
Finally, the discussion touches on the Neapolis Property Price Index, which is expected to be analyzed in greater detail in a future episode.
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