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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.
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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 seamless 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 and auction process is easy and transparent, both for the seller and the buyer of a real estate.
Our office provides comprehensive support for the Cyprus Permanent Residency by Investment framework. We assist international clients with property selection and legal coordination. Therefore, our goal is to help you obtain residency efficiently. Ultimately, 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 provide accurate, 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, from a small office in Nicosia consisting of just 2 people, growing into one of Cyprus's most trusted estate agencies with offices across the island.
Current market position and service scope
Launch of online auctions / AI-powered search
Milestone in agents and developer partnerships
Opening of additional / regional offices
Company founded
Blog & News
A couple we worked with recently had narrowed their search down to two apartments in Aglantzia. The first was freshly renovated, with a new kitchen, new floors and everything ready to move into. The second, a few streets away, still had its original 1980s bathroom and was priced noticeably lower. On paper the cheaper one looked like the smarter buy. In practice, the answer depended on things the asking price didn't show.It's one of the most common dilemmas buyers face, and there's no single right answer. There is, however, a right answer for you.What you're really paying for in a renovated propertyWith a renovated home you are buying convenience. You know roughly what you're getting, you can move in straight away and you don't have to manage contractors. If you're relocating, working long hours or simply don't want the stress, that is worth a lot.You are also paying for someone else's choices and someone else's profit margin. The kitchen may not be the one you would have picked, and the price will usually reflect the work done plus a premium on top.The part of a renovation you can't seeA fresh coat of paint photographs beautifully. It also hides a lot. Before you fall for a renovated property, find out how deep the work actually went:Were the electrics and plumbing replaced, or just the visible fittings?Was the roof or veranda waterproofed?Is there any sign of damp behind new finishes?Ask what was done, who did it, and whether there are invoices or guarantees.Also check that any changes were legal. Removed walls, enclosed verandas and added rooms need the right permits in Cyprus. Unapproved changes can cause problems with the title deed, with a bank loan, or when you come to sell.The appeal of renovating yourselfBuying an older property gives you control. You choose the layout, the materials and the level of finish. You often buy at a lower price, and a well-planned renovation can add real value. For buyers with a clear vision and some patience, it can be very rewarding.And the realityRenovations almost always take longer and cost more than planned. Good contractors are often booked up, materials get delayed and problems appear once the walls are open. If you're paying rent somewhere else while the work is done, that cost adds up quickly.Financing is another point to check early. Talk to your bank before you buy about how the renovation itself can be funded. Don't assume it will be covered by the same loan.So which one suits you?A renovated property usually makes more sense if:You need to move in soon.You have no time to oversee works.You'd rather pay a known price than risk an open-ended budget.Renovating yourself usually makes more sense if:You have time, a realistic budget with room for surprises, and a clear idea of what you want.You're prepared to manage the process.Before you decideWhichever way you lean, do three things before making an offer:Have a civil engineer or a qualified professional inspect the property.If you plan to renovate, get a contractor's estimate before you agree on a price, not after.Consider an independent valuation, so you know whether the price makes sense in either case.If you're weighing up properties and want a second opinion, the team at G&P Lazarou Estate Agents can help you compare your options and find the right fit. Get in touch through gplazarou.com or call us at +357 22024949 and one of our consultants will get in touch with you .View all properties for sale in CyprusView all properties for rent in CyprusView all houses for sale in CyprusView all apartments for sale in CyprusExplore land and plots for sale in CyprusView commercial properties and buildings for sale in Cyprus
Read MoreA bank officer relocating to Nicosia usually has a short list, a tight schedule and one or two free evenings for viewings. If your apartment doesn't make that list, the reason is rarely the rent alone. More often it's the details: a slow internet connection, no covered parking, a bedroom without air conditioning, or a landlord who takes three days to answer a message.Professional tenants are some of the best tenants you can have. They tend to pay on time, look after the property and stay longer when they're happy. But they compare carefully, and they know what they want.Location comes first, but not the way you might thinkFor most professionals, a good area means a short, predictable commute. An apartment in Engomi or Strovolos that gets someone to the office in fifteen minutes will often beat a nicer one across town. Being close to a supermarket, a gym and a few places to eat matters too, especially for people who have just moved to Cyprus and don't know anyone yet.The basics that decide a viewingSome things are simply expected now:Fibre internet, or at least a connection that can handle video calls all day.Air conditioning in every room, not just the living room.Covered or allocated parking.A lift in anything above the second floor.Good lighting and enough storage.Many professionals also work from home part of the week. A small study, or even a corner that fits a proper desk, can tip the decision in your favour.Furnished or unfurnished?It depends on who you are aiming at. People on short or medium-term assignments usually want to move in with a suitcase. Families relocating for several years often prefer to bring their own things. If you furnish, keep it neutral and good quality. A tired sofa and mismatched chairs do more harm than an empty room.Condition says a lot about the landlordA tenant viewing your property is also judging you. Fresh paint, working appliances, clean bathrooms and no dripping taps send a clear message: problems here get fixed. Energy efficiency is getting more attention too, since summer electricity bills are a real cost for tenants.The building matters as well. Tidy common areas, a working entry system and clear, fair common expenses all count.Paperwork and professionalismProfessionals, and the companies that sometimes rent on their behalf, expect things to be done properly. That means:A clear written tenancy agreement.A documented inventory with photos.A transparent arrangement for the deposit and bills.Some employers have their own requirements before approving a rental, so it pays to have everything in order before you list.Once the contract is signed, responsiveness is what keeps a good tenant. Answer messages, arrange repairs quickly and give notice before visiting. It sounds obvious, but it's one of the main reasons tenants renew.Price it right from the startAn overpriced apartment sits empty, and every empty month costs you more than a small rent reduction would have. Look at what comparable properties in the area actually let for, not what they're advertised at.If you own a property you'd like to let to professional tenants, G&P Lazarou Estate Agents can help you prepare it, price it correctly and find the right tenant. Get in touch through gplazarou.com and one of our consultants will contact you.G&P Lazarou Property Valuation provides property valuation services across Cyprus. To talk through your valuation and the documents you'll need, call +357 22024949 or email valuation@gplazarou.com.View professional offices for rent across CyprusView offices for sale in NicosiaView offices for rent in NicosiaView all commercial properties for rent in CyprusExplore commercial properties and investment opportunities for sale in CyprusView all properties for sale in Cyprus
Read MoreHow much is your property worth today? An online listing or a neighbour’s recent sale may give you a starting point, but neither tells the full story of your property. Its condition, location, legal and planning details, and the purpose for which you need a value all matter.A professional property valuation gives you an informed opinion of value at a specific date. It can help you make a decision with clearer evidence, whether you are preparing to sell, considering a purchase, arranging finance or managing a property matter with other interested parties.What does a property valuation involve?The process begins with a clear question: what is the valuation for? The valuer then reviews the available property documents, examines the property and assesses relevant market evidence. Depending on the type of asset, the analysis may consider comparable transactions, potential rental income, development possibilities or other appropriate factors.For a home, details such as its size, condition, layout and location can affect the assessment. For a plot, access, planning zone and permitted development may be especially relevant. Two properties that look similar in photographs can therefore have different values.The resulting report explains the value assessed and the basis for that conclusion. It is more than an asking price or an informal estimate.When might you need a valuation?Before selling a property. A valuation can help an owner understand the property’s position in the current market before deciding on an asking price. The asking price remains a marketing decision; the valuation provides evidence to inform it.Before buying. If you are considering a purchase, an independent assessment can help you evaluate the proposed price and understand characteristics that may affect value. It is particularly useful when the property is unusual or there are few obvious comparisons.For a loan or refinancing. A lender may require a valuation when assessing property offered as security. If you need a report for a bank, confirm its requirements before instructing a valuer.For inheritance, shared ownership or a dispute. When several people have an interest in a property, a documented opinion of value can provide a common starting point for discussions. The required scope may differ depending on the circumstances and the advice of the professionals involved.For an investment or development decision. An investor may need to understand the value of an income-producing property, while a developer may need an assessment of land and its development potential. The appropriate approach depends on the asset and the decision being made.Is the Land Registry’s general valuation enough?The general valuation shown by the Cyprus Department of Lands and Surveys serves a different purpose. It is used as a basis for taxation and fees and should not be treated as a current, property-specific valuation for a purchase, sale, loan or investment decision.If you need to know what your property may be worth for a particular decision, explain that purpose when requesting a professional valuation. This helps the valuer determine the right scope and report.What should you prepare?Start with the documents you have, such as the title deed, cadastral plan, permits and architectural plans. Let the valuer know about extensions, renovations, leases or other circumstances that may be relevant. If something is missing, ask which documents are needed for your specific case.A useful valuation answers a defined question at a defined point in time. Before commissioning one, be clear about who will use the report and why.G&P Lazarou Property Valuation provides property valuation services across Cyprus. To discuss the purpose of your valuation and the documents required, contact the team at +357 22024949 or valuation@gplazarou.com.Discover available houses for sale in CyprusExplore apartments for sale in CyprusView residential plots for sale in CyprusBrowse commercial properties for sale in Cyprus
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