Explore over 23,000 properties across Cyprus
Managing Director
The Man Behind G&P Lazarou Estate Agents
With more than 33 years in the Cypriot property market, Petros set the standards our consultants work to every day. Message him directly: he will either point you to the right person for your property, or take it on himself.
Featured Properties
Property
Search Made Easy
All Over Cyprus
Recently Added
What We Offer
Explore a curated range of properties across premier locations, from coastal villas and suburban homes to city apartments, executive offices, and development land. We help you identify the right opportunities, shortlist your options, and negotiate the best possible terms.
With 33 years of market leadership, we position your property for maximum return. From accurate valuation and strategic pricing to targeted marketing campaigns and access to our extensive buyer network, we ensure maximum exposure and the best possible sale price.
Discover a wide range of verified residential and commercial rental properties, from modern city apartments and family homes to executive office spaces. We simplify your search, assist with contract negotiations, and ensure a seamless rental process from viewing to move-in.
Selling real estate online is an honest and fully transparent process for both the seller and the bidder. G&P Lazarou's online auction platform makes the whole process quick and easy.
Our office provides comprehensive support for the Cyprus Permanent Residency by Investment framework. We assist international clients with property selection and legal coordination. Our goal is to help you obtain residency efficiently. Our specialized Cyprus real estate services focus on enhancing the long-term value of your investment.
With decades of experience in property valuations, we know exactly how to determine the true market value of your asset. Our specialized consultants, provided in cooperation with G&P Lazarou Property Valuation, provide reliable and fully documented appraisals, so you can make informed decisions when selling, buying or investing in real estate.
We support companies with relocation and property-related decisions. Our team can assist you in finding office space and handling property management.
Additionally, we provide guidance on:
If you are planning to build your own home, we can support you from concept to completion. Through close collaboration with reputable developers, we help you identify the right plot. In addition, we proudly act as your project manager to coordinate the full construction process for your new villa or business premises.
About Us
G&P Lazarou Estate Agents was established in 1993 as a two-person office in Nicosia and has grown into one of Cyprus's most trusted estate agencies with offices across the island.
3 offices, 70+ property consultants, 430+ partner developers and AI-powered property search across Cyprus.
Launch of our online property auction platform.
Partnerships with 250 developers and a team of 25 property consultants.
Opening of our Limassol office (April) and Larnaca office (September).
Opening of our Nicosia office (April).
Blog & News
Property purchases rarely go wrong because someone paid a little too much. They go wrong because a question wasn’t asked at the right moment. A permit nobody looked at, a parking space that turned out to be shared, or a bank valuation lower than the agreed price can turn a good decision into an expensive one.That was the starting point of “Before You Sign”, a presentation given on 12 November 2026 by Petros N. Lazarou, Managing Director of G&P Lazarou Estate Agents, drawing on more than 33 years in the Cyprus property market. This article follows the presentation from the first viewing to the day you receive the keys. It is a map of which questions to ask, when to ask them and who should answer each one.Every check has a right momentA purchase moves through five stages:Search and evaluation.Before a reservation or deposit.Before signing the contract.Payments and completion.Handover and possession.The same check costs more the later it happens. Before a deposit, a problem is a reason to negotiate or walk away. After signing, it’s a dispute. Most of the serious difficulties we see don’t come from bad intentions. They come from a check made two stages too late.Start with a clear purposeThe same apartment can be the right purchase for a family and the wrong one for an investor. Before you view your first property, write down in one sentence why you’re buying.To live in: schools, commute, noise, orientation and how the family’s needs may change.To invest: rental demand, maintenance costs and how easily you could resell in five years.As a holiday home: seasonality, distance and the cost of looking after a property that sits closed for months.For a business: first, whether your activity is permitted there. Then the price.Don’t decide on first impressionsFurniture and paint change in a weekend. Location, permits and the title deed don’t. Go back a second time, on a different day and at a different hour. Look for signs of damp and poor maintenance, check noise, parking and access, and find out what could be built around you. If the price is low, find out why.Read listings carefully too. An asking price is not a proven value. Two listings can both say “100 m²” while one counts verandas and stairwell areas and the other means net internal space. Always ask how the area was measured. Then compare with prices properties have actually sold for, not only with other listings.Who does whatNo single professional covers everything:A licensed estate agent coordinates the transaction from the first viewing through to transfer.An independent lawyer of your own choosing checks the title, encumbrances and contract, and deposits the contract at the Land Registry.An engineer and land surveyor, working with the architect, check construction, plans, boundaries and building potential.A valuer gives a documented market value.The bank assesses the loan and carries out its own valuation.A tax adviser confirms VAT, fees and the certificates needed for the transfer.Work with a licensed estate agent. Agents in Cyprus must be registered and hold an annual licence. They pass written exams in property and planning law, are subject to disciplinary control and must identify the parties to a transaction under anti-money-laundering rules. They also have a legal duty to inform the buyer about the physical condition of the property and the rights that burden it, whichever side they act for. Ask for the licence number and check it.Check who is selling, and what you’re buyingLook at the person across the table as carefully as the property. Is the seller the registered owner? Are there co-owners, an inheritance or minors involved? If a company is selling, who is authorised to sign? If someone holds a power of attorney, what does it cover, and is it still valid?Then be precise about what you’re buying. “I’m buying a flat” can mean four different legal things:full ownership registered in your name;a separate unit in a jointly owned building, with its own title deed;an undivided share of a larger plot, which you can’t develop on your own;contractual rights to a property whose title deed hasn’t been issued yet.Ask directly: what will the title deed in my name actually say?Title deed, searches and encumbrancesA title deed tells you who owns a property. It doesn’t tell you whether it was built legally.A search certificate from the Land Registry shows mortgages, charges and prohibitions. It is valid only for its date, so the one attached to your contract should be recent.A mortgage doesn’t mean “no”. It means there has to be a process: who removes it, when, with what money, and what happens if it isn’t removed. If the property is part of a development, the mortgage may cover the whole project, and you’ll need a partial release for your unit. All of this belongs in the contract.If the title deed is still pending, find out exactly which step is missing. It might be the competent authority’s certificate, survey work, horizontal division, the application to the Land Registry or the settlement of a mortgage.Two permits and a certificateThese three answer different questions:Planning permit: is this development allowed on this plot?Building permit: are these specific plans approved?Certificate of approval: was it built as approved?A property can have a title deed and still have a permit issue. The most expensive surprise is often part of the house that doesn’t appear on the plans: an enclosed veranda, a pool, a pergola or a storage room turned into a bedroom. Ask an engineer to compare the approved plans with what actually stands on site.A technical inspection puts a number on what’s comingAn inspection isn’t about finding faults for the sake of it. It tells you what the next few years will cost. It should cover:structure, roof, waterproofing and damp;electrical and mechanical systems, drainage and insulation;the energy performance certificate.Get quotes for any repairs. Buying “as is” doesn’t excuse you from checking. It makes the check more urgent.Finally, agree in writing what’s included in the price, from parking and storage to the kitchen, wardrobes, air conditioning and solar water heater. If it isn’t written down, it isn’t included.What to check by type of propertyApartments. When you buy an apartment, you also join a community of co-owners. Check where your parking space, storage room, garden or roof terrace is recorded, and whether it’s yours alone or shared. Ask about the co-ownership percentage, the building’s rules, unpaid common expenses, the reserve fund and any major repairs planned. If you’re thinking of short-term letting, check the building’s rules first.Houses and villas. The fence isn’t the boundary. The survey is. Check extensions, basements, outbuildings and the pool against the permits, and look at the roof, drainage and whether the house is connected to the sewerage system or uses a septic tank. Ask whether anyone has a right of way across the land.Plots. Building density tells you how much you may build, not whether what you want will fit. Check the zone, coverage, height and floors, legal access to a registered road, the stage of any land division, utilities, slope, ground conditions and watercourses. The right question isn’t “how many square metres am I entitled to?” It’s “will what I want fit, with these setbacks, this slope and this excavation cost?” An architect’s preliminary study answers that before you pay a deposit.Fields. A field is not a plot waiting to happen. Confirm in writing what is permitted in the zone today. “It will be included in the plan” is not evidence. Check access, rights of third parties and any protected-area restrictions.Offices. The first question is whether your activity is allowed there. Then look at parking, accessibility, fire safety, services, common expenses and fit-out costs. If the transaction carries VAT, whether you can reclaim it depends on your business.Shops and restaurants. Are you buying a property or a business? Equipment, customers, staff and liabilities belong to a separate agreement and a separate valuation. Check operating licences, ventilation, grease drainage, loading access and any existing lease.Warehouses and industrial buildings. Check permitted activities in the zone, heavy-vehicle access, clear height, floor loads and electrical capacity. Ask about previous use, since fire safety or environmental issues may follow the property.How you buy changes what you checkThe form of the purchase matters as much as the property:new build or resale;off-plan or under construction;vacant or tenanted;full ownership or a share;an assignment of someone else’s contract;a property bought at auction.For a property under construction, remember that a rendering is not a specification. Attach the material specifications to the contract, link payments to certified progress, set the delivery date and what happens if it’s missed, and agree how defects, handover and the title deed will be dealt with. If you’re told something is guaranteed, ask to see where it says so in writing.The real total costThe price is only one part of the cost. Write a budget before you commit, covering:the price, and the confirmed tax treatment of your specific purchase;legal, technical, valuation and bank fees;estate agency fees, if they’re payable by the buyer;insurance, utility connections, local charges and common expenses;repairs, fit-out, furniture and a reserve.The main tax points, as they stood in November 2026:VAT rates. VAT on new properties is 19%. A reduced 5% rate can apply to an eligible main and permanent residence. It covers the first 130 m² of buildable area and the first €350,000 of value, with upper limits of 190 m² and €475,000.The reduced rate comes with obligations. The home must remain your main residence for ten years. If it stops being your main residence earlier, the difference must be repaid proportionally.A listing doesn’t decide the tax. Calling a property “new” or “resale” in a listing doesn’t decide how it’s taxed. The legal facts of the specific transaction do.Transfer fees where VAT is paid. They generally don’t apply. However, if the Land Registry values the property above the declared price, transfer fees may arise on top of VAT.Transfer fees where no VAT is due. They are charged in bands of 3% up to €85,000, 5% up to €170,000 and 8% above that, generally reduced by 50%.Stamp duty was abolished from 1 January 2026.Capital gains tax is paid by the seller.Tax rules change, so confirm everything that applies to your purchase with a tax adviser before signing.Financing: pre-approval is not approvalThe most painful surprise is a bank valuation below the agreed price. The loan is then calculated on the lower figure, and the buyer covers the difference. Make sure you know your own contribution and have cash for the costs. Check how a change in interest rates would affect your instalment. Make the payment dates in the contract match when the bank actually releases the money. If the bank is late, who bears the cost? Agree that in the contract before you sign.For investors: gross yield is advertising, net yield is a decisionTake a hypothetical example. You invest €250,000 including purchase costs, and the flat lets for €1,200 a month. That’s €14,400 a year, a gross yield of 5.76%. Allow for one month without a tenant and €2,700 a year in owner’s running costs, and net operating income falls to €10,500. That’s a net yield of 4.20%, before tax, financing and any major works. Check the actual lease terms, vacancies, management, insurance and income tax. For short-term letting, you’ll also need registration and the related fee.From reservation to keysFive steps are often mistaken for one:A reservation with written terms.Signing the contract.Depositing the contract at the Land Registry, which must be done within six months of signing.Transfer of the title deed.Physical handover.The last two don’t always happen in that order. When the title deed is pending, you may live in the property for years before ownership is transferred. That’s why depositing the contract matters so much: it activates the legal protections for the buyer.Make every payment on written terms, to a clearly identified recipient, with verified bank details and proof of payment. Buyers from outside the EU need permission to acquire property, with conditions and limits. Buying property does not automatically give a right of residence.Treat handover as a process, not a ceremony. Carry out a final inspection and list defects in writing with deadlines for repair. Collect keys, meter readings, warranties, documents and manuals. Confirm whether you’re receiving vacant possession or taking over a lease. Write down what remains to be done, who will do it, by when, and what happens if it isn’t done.Five things to do from tomorrowWrite the purpose of your purchase in one sentence.Work with a licensed estate agent and a lawyer of your own choosing before you hand over the first euro.Ask for the title deed, permits and certificate of approval together.Put every verbal promise into the contract.Deposit the contract at the Land Registry immediately.As Petros Lazarou put it at the close of the presentation: “In property, you don’t pay for the mistakes you made. You pay for the questions you didn’t ask.”Download the full presentation “Before You Sign” (PDF)If you’re planning to buy, our consultants can guide you through each stage and work alongside your lawyer and engineer. For an independent opinion of value before you commit, see our property valuation services. Contact G&P Lazarou Estate Agents in Nicosia on +357 22024949, Larnaca on +357 24104949 or Limassol on +357 25024949, email sales@gplazarou.com or visit gplazarou.com.This article is for general information and is based on the presentation of 12 November 2026. It is not a substitute for personal legal, technical, valuation or tax advice.
Read More
A few years ago, the first questions at a rental viewing were about the rent, the parking and how far the flat was from work. Today, more and more tenants ask something else: “How much was the electricity bill last August?”It’s a fair question. In a Cypriot summer, air conditioning runs for hours every day, and a poorly insulated apartment can turn a reasonable rent into an expensive home. Tenants have noticed. For landlords, energy efficiency is no longer a nice extra. It increasingly affects how quickly a property lets, who rents it and how long they stay.Why tenants care more than beforeThe rent is only part of the cost. Tenants now think in terms of total monthly outgoings. Two flats at the same rent can cost very different amounts to live in once electricity is added.More people work from home. Someone at home all day needs the space cool in summer and warm in winter, not just in the evenings. That makes running costs far more visible.Comfort matters. A west-facing bedroom that becomes unbearable by late afternoon, or single-glazed windows that let in noise and heat, affect daily life as much as the budget.Expectations have risen. Tenants who have lived in newer buildings with good insulation and efficient air conditioning don’t want to go back.What tenants noticeMost tenants won’t read a technical report, but they pay attention to the things they can see and feel:The energy performance certificate. It shows the property’s energy class. In Cyprus, a certificate is generally required when a property is let, so tenants increasingly ask to see it.Windows. Double glazing and good seals keep heat and noise out.Air-conditioning units. Newer inverter units cost less to run than old ones and are quieter.Water heating. A working solar water heater keeps hot water costs low for much of the year.Shading. External shutters, awnings and covered verandas make a real difference in summer.Lighting. LED lighting throughout is a small detail that tenants appreciate.What it means for landlordsAn energy-efficient property tends to:Let faster, because it stands out among similar listings.Attract better tenants, often professionals and families who plan to stay longer.Reduce turnover, since tenants are less likely to leave over high bills or discomfort.Hold its value, as buyers increasingly look at energy performance too.A less efficient property can still let, but it may take longer, and the landlord may find themselves negotiating on rent to make up for higher running costs.Upgrades worth consideringYou don’t have to rebuild a property to improve it. Some changes cost relatively little and make a noticeable difference:Replace old air-conditioning units with efficient inverter models.Service the solar water heater, or install one if there isn’t one.Switch to LED lighting.Add or repair external shutters and seals around doors and windows.Larger investments bring bigger gains:Roof insulation, which matters most on top-floor apartments and houses.Double-glazed windows.Wall insulation.Solar panels, where the building allows them.Government grant schemes for energy upgrades have been available at different times. Check what is open now before you plan any works.Telling tenants about itIf you’ve invested in energy efficiency, make sure it shows. Mention the energy class, new air conditioning, double glazing or solar panels in the listing description. If you can, share approximate monthly bills. Tenants value clear information, and it helps your property stand out from similar ones nearby.A small change in thinkingEnergy efficiency used to be something tenants accepted or put up with. Today it’s part of how they choose. Landlords who see it as part of the property’s value, not just a cost, are usually the ones who let more easily and keep good tenants longer.Thinking about letting your property, or upgrading it first? G&P Lazarou Estate Agents can advise on what tenants in your area are looking for and help you find the right one. Call +357 22024949, email info@gplazarou.com or visit gplazarou.com.Discover available houses for sale in CyprusView residential plots for sale in CyprusExplore modern apartments for sale in CyprusBrowse commercial properties for sale in CyprusDiscover available houses for rent in CyprusExplore modern apartments for rent in CyprusView residential plots for rent in CyprusBrowse commercial properties for rent in Cyprus
Read More
Ask long-time Nicosia residents about Dasoupolis and you’ll often hear the same words: quiet, central, settled. The name means “forest town”, and the greenery is part of the neighbourhood’s character, with tree-lined streets and gardens that have had decades to grow. It’s the kind of area where families have lived for two or three generations, yet the city centre is only a short drive away.For buyers and tenants who want to be close to everything without living in the middle of it, Dasoupolis is worth a closer look.Where it is and what it’s likeDasoupolis is part of the Municipality of Strovolos, one of the largest residential areas of Nicosia. Its position gives residents easy access to central Nicosia, to the main roads out of the city and to the shops, schools and services that Strovolos offers.Most of the neighbourhood is residential. Detached and semi-detached family houses, many built in the 1970s and 1980s, sit alongside low-rise apartment buildings and a growing number of newer developments. Traffic is generally lighter than on the busy commercial avenues nearby, which is one of the reasons families like it.Who it suitsFamilies looking for a settled area with space, gardens and schools within reach.Professionals who work in central Nicosia and want a short commute.Downsizers who want to stay in a familiar, central part of the city.Investors interested in steady long-term rental demand rather than short-term letting.The property on offerBuyers in Dasoupolis usually find three main types of property.Older family houses. Many come on generous plots and are well built, but may need updating: new electrics and plumbing, insulation, a modern kitchen and bathrooms. With these homes, the plot often matters as much as the house. If the house uses only part of the building density allowed on the plot, the unused area may add value, whether for an extension or future redevelopment.Apartments in established buildings. These tend to offer more space for the money than new builds. Check the condition of the building, the lift, parking and the common expenses before committing.New developments. Some older houses have made way for modern apartment blocks, often through antiparochi agreements between landowners and developers. New apartments bring better energy performance and covered parking, at a higher price per square metre.What the numbers say about StrovolosDasoupolis is part of the wider Strovolos area, and our analysis of the Nicosia market gives useful context. In 2025, the typical resale apartment in Strovolos sold for around €1,415 per weighted square metre, with prices up less than 2% since 2020. Typical house prices rose by around 7.5% over the same period. In other words, Strovolos has been one of the steadier, more affordable parts of Nicosia, which can be an opportunity for buyers who want a central location without paying a premium.These are figures for Strovolos as a whole. Prices within Dasoupolis can vary considerably by street, plot and condition.What to check before you buyPermits and title deeds. Older houses sometimes have extensions or enclosed verandas that were never approved. Your lawyer should confirm the title deed and permits.The plot’s planning details. Ask about the planning zone and building density, especially if you’re thinking of extending or redeveloping.Condition. A survey by a civil engineer can identify issues with the roof, damp or structure before you commit.What’s being built nearby. New apartment blocks can change the feel of a street, for better or worse.Parking. In older streets without driveways, on-street parking can be limited.Renting in DasoupolisThe area’s central location and family character support steady demand for long-term rentals. Houses with gardens attract families, while well-maintained apartments appeal to professionals and couples. Landlords who keep their properties in good order and price them realistically usually find reliable tenants.Is Dasoupolis right for you?If you value a calm, green neighbourhood close to the heart of Nicosia, and you’re happy with an established area rather than a brand-new development, Dasoupolis has a lot to offer. Visit at different times of day, walk the streets and see which part of the neighbourhood feels right.Our Nicosia office is in Strovolos, so the area is right on our doorstep. To find a home in Dasoupolis or find out what your property there is worth, call +357 22024949, email info@gplazarou.com or visit gplazarou.com.Modern 2-Bedroom Apartments for Sale in Dasoupoli, NicosiaRenovated Apartments for Rent in Dasoupoli, NicosiaSpacious Family Apartments for Rent in DasoupoliExplore Apartments for Sale in CyprusDiscover Properties for Sale in Cyprus
Read More
