Reliable Property Valuation by
Certified Valuers
Valuations for residential, commercial properties, land and businesses. The valuation arm of RE/MAX Elite, the longest-established company (since 2003) in the RE/MAX network in Greece.
Valuations for Every Type of Property
The appropriate methodology for each case, in accordance with European & International Valuation Standards (EVS & IVS).
Residential Property
Apartments, houses, residential complexes — with access to 20+ years of data from RE/MAX Elite.
Commercial Property
Offices, shops, hotels, logistics, industrial — using the income capitalisation or DCF method.
Land / Plots
Urban plots, agricultural land, cultivable areas — residual, comparative or income method.
Business Valuation
Capital structure analysis, DCF, EBITDA/revenue multiples, net worth — for mergers & valuations.
Scientific Valuation Since 2011
4 Certifications
Certified valuer by TEGoVA (REV), TEE (CV-RE), Staregister (SPV) and NAR (PSA).
Access to RE/MAX Elite Data
20+ years of comparative market data from real estate agency RE/MAX Elite (est. 2003).
International Standards
Compliance with European & International Valuation Standards (EVS & IVS) in every report.
Judicial Recognition
Registered expert in the Registries of the Athens & Piraeus Courts of First Instance.
Scientific Staff of Valuers-Engineers
Pavlos L. Avdelas
Founder & Managing Partner. REV, MEng Civil Engineer NTUA (1989), MBA University of Athens PhD(c). Certified valuer by the Ministry of Finance (No.768) & TEE (No.37).
Aggelos P. Avdelas
Partner. MEng Civil Engineer University of Patras, MSc AUEB, MBA University of Athens. Trainee Valuer, technical works supervisor.
Maria P. Tsirtsiridou
Executive Secretary. BA University of West Attica. Responsible for administrative support & client service.
Part of Our Client Portfolio
...as well as numerous individuals & companies through court expert appraisals, asset distributions and valuations under Law 3869/2010 (Katseli Law).
See our full client list →Recognised by Domestic & International Bodies
Have Questions?
What is a valuation?
The process of determining the value of an asset at a given point in time, based on a specific methodology and for a specific purpose. The purpose, the evidence provided and the assumptions used determine the valuation methodology.
Who requests valuation reports from us?
Individuals, investment & banking institutions, private companies, real estate development companies, lawyers & court bailiffs, chartered accountancy firms.
What are the valuation methods?
Comparative method, income capitalisation method (Investment/DCF), residual method, depreciated replacement cost method, and profits method.
What qualifications should a Certified Valuer have?
Under Directive 2011/16/EU (Articles 33-44) of the Ministry of Finance, a certified valuer is any natural or legal person who has obtained certification under Article 35 and is registered in the Ministry's Registry of Certified Valuers.
