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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 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 and process are easy and transparent both for the seller and the buyer of a property.
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
Ask people in Nicosia where they'd like to live, and Engomi comes up often. It's close to the city centre without being in the middle of it, it has established residential streets, and it's home to the University of Nicosia, European University Cyprus and a number of embassies, including the US Embassy. That mix gives the area a particular character, and it shapes what you should look for when buying an apartment there.Who buys in EngomiBuyers here usually fall into three groups:Families who want a central, well-serviced neighbourhood.Professionals who work nearby or in the centre.Investors attracted by steady rental demand.Knowing which group you belong to helps you focus. A family will care about quiet streets, space and schools. An investor will care more about the type of tenant the property can attract and how easily it lets.Rental demand is a real advantageWith two universities in the area, there is consistent demand from students and university staff. Embassies and nearby offices add professionals and diplomatic staff to the mix. For investors, this is one of Engomi's strongest points.The type of tenant varies a lot by street and by building, though. A one-bedroom near the universities will rent very differently from a three-bedroom on a quiet residential road. Make sure the apartment matches the tenants you're aiming for.Older buildings versus newer onesEngomi has a wide range of apartment buildings, from developments built several decades ago to recent projects with modern specifications.Older apartments are often more spacious and sometimes more affordable. They can also come with higher running costs, older electrics and plumbing, weaker insulation and no lift or covered parking.Newer buildings usually offer better energy performance, parking and storage. Expect to pay for that. With a brand-new project, check the developer's track record and when separate title deeds are expected.Parking and trafficParking can be tight on streets near the universities, especially during term time. A covered or allocated parking space adds real value here, both for daily life and for resale. Visit the area at different times of day, including morning and late afternoon, to get an honest picture of traffic and noise.The building matters as much as the apartmentBefore you commit, find out:How the building is managed and what the common expenses cover.Whether there are unpaid charges or major works planned.What state the roof, lift and common areas are in.A well-run building protects the value of your apartment. A neglected one can become a long-term headache.Check the paperwork carefullyAs with any purchase in Cyprus, your lawyer should confirm:Whether there is a separate title deed for the apartment.That the building has the necessary permits.That there are no mortgages or other charges registered against it.If there is no title deed yet, make sure the sale contract is deposited with the Department of Lands and Surveys to protect your position. Ask for the energy performance certificate as well.Is the price right?Demand in Engomi tends to keep prices firm, so it pays to compare carefully. Look at recent sales of similar apartments in the same part of Engomi, not just asking prices. An independent valuation can confirm whether the price reflects the property's condition, size and position.Our Nicosia team at G&P Lazarou Estate Agents knows Engomi well and can help you find the right apartment, whether you're buying a home or an investment. Call +357 22 024949, email info@gplazarou.com or visit gplazarou.com.Luxury Apartments for Sale in EgkomiHouses for Sale in Engomi Explore Apartments for Sale in Nicosia
Read MoreCyprus is small enough that you can drive from one city to another in an hour or so. That makes it tempting to think the choice doesn't matter much. It does. Each city has its own rhythm, its own job market and its own kind of daily life. Where you settle will shape your commute, your weekends, your children's schooling and how quickly you feel at home.Here's an honest look at all four.Nicosia: the working capitalNicosia is where the government, most ministries, many banks, embassies and several universities are based. If your job is in the public sector, diplomacy, banking, law or academia, there's a good chance it's here.It feels less international on the surface than Limassol, but it's a real, lived-in city with established neighbourhoods, good schools and a lively old town. Property and rents are generally more reasonable than in Limassol.The trade-offs are the climate and the location. Being inland, Nicosia gets hotter in summer and cooler in winter than the coast, and the nearest beach is a drive away.Limassol: international and fast-pacedLimassol has become the island's main business hub for international companies, particularly in shipping, finance and technology. It has a large expat community, a busy seafront, a wide choice of international schools and plenty to do.All of that comes at a price. Limassol is usually the most expensive city in Cyprus to buy or rent in, and competition for good properties can be strong. Traffic at peak times is also part of daily life.Larnaca: central and easy-goingLarnaca is home to the island's main airport, which makes it practical for anyone who travels often. It sits roughly between Nicosia and Limassol, so both are within reach.The city is smaller and calmer than Limassol, with a pleasant seafront and a more relaxed pace. Property prices have generally been more accessible than in Limassol, which has drawn growing interest from both families and investors.Paphos: slower pace, coastal livingPaphos, in the west, has its own airport, a strong tourism character and a slower way of life. It's popular with retirees and with people who work remotely or don't need to be close to Nicosia.It offers beautiful coastline and a rich history. The main drawback is distance: if your work or regular commitments are in Nicosia, Paphos is the furthest of the four.Questions that usually decide itWhere will you work? A daily commute between cities adds up quickly, and most people in Cyprus rely on a car.Do you have children? Check school options and places early, especially for international schools.What kind of life do you want? Do you want a city routine, a sea view, a strong expat community, or quiet?What's your budget? The same money buys very different homes in Limassol and in Larnaca or Nicosia.How often will you travel? Being close to an airport matters more than many people expect.Rent first, then buyIf you're new to Cyprus, renting for a few months before buying is often a wise move. It lets you test the commute, get to know the neighbourhoods and see where you actually spend your time. Many people end up choosing a different area from the one they first had in mind.With offices in Nicosia, Larnaca and Limassol, G&P Lazarou Estate Agents can help you compare areas, find the right home to rent or buy, and settle in with confidence. Get in touch through gplazarou.com or call us at +357 22024949 and one of our consultants will contact you.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 MoreTwo apartments come up in the same week. One is listed at a noticeably lower price per square metre, so on paper it looks like the better deal. Then you visit. It's on the ground floor, faces a busy road, and a good part of its "area" turns out to be verandas. The other one, priced higher per metre, suddenly looks very different.Price per square metre is one of the most quoted figures in property. It's quick, easy to compare and sounds objective. Used carefully, it's a helpful starting point. Used on its own, it can point you in the wrong direction.First question: which square metres?Not every listing measures the same thing. Some quote only the internal covered area. Others add covered verandas, uncovered verandas, a share of common areas, or even a roof garden.A simple example shows why this matters. Take a property priced at €260,000 with 100 m² of internal space and 30 m² of verandas. Divide the price by 130 m² and you get €2,000 per square metre. Divide by 100 m² and it becomes €2,600. It's the same property and the same price, but the figure tells a very different story.Before comparing, always ask how the area was measured. Then check it against the title deed and the approved plans. If an enclosed veranda is being counted as living space without a permit, that's an issue in its own right.Smaller properties usually cost more per metreA one-bedroom flat will almost always have a higher price per square metre than a three-bedroom apartment in the same building. The kitchen and bathroom cost much the same to build whatever the size of the flat, and smaller units have a wider pool of buyers. So comparing a studio with a family apartment on price per metre alone doesn't tell you much.What the number leaves outPrice per square metre treats every metre as equal. Buyers don't. The figure says nothing about:Floor level and view.Orientation and natural light.Age and condition.Layout and how well the space is used.Covered parking and storage.Energy efficiency.The state of the building and its common expenses.Title deed status and permits.Two properties with exactly the same price per metre can be very different purchases.Area averages can mislead tooYou'll often hear that an area "goes for" a certain amount per square metre. Averages like these mix new and old buildings, good and poor locations within the same district, and asking prices with actual sale prices. They're useful for a general sense of the market, not for judging a specific property.What about plots?With land, price per square metre of the plot can be especially misleading. What really matters is how much you're allowed to build, which depends on the planning zone and the building density. Two plots of the same size and price can have very different value if one allows twice as much construction. That's why developers usually look at price per buildable square metre rather than plot size.How to use the figure properlyUse price per square metre as a filter, not a verdict:Make sure you're comparing the same type of area.Compare similar properties: similar size, age, floor and location.Look at what properties actually sold for, not just what they're listed at.Then look beyond the number at everything it leaves out.If you want a clear picture of what a specific property is worth, G&P Lazarou Property Valuation provides property valuation services across Cyprus. Contact the team at +357 22024949 or valuation@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
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