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BSc in Real Estate Valuation and Development

Neapolis University Pafos
4 years
Bachelor's degree
Scholarships available
On campus
Inquire for more information

About this program

BSc in Real Estate Valuation and Development

The Bachelor in Real Estate Valuation and Development is the first and also the only undergraduate program in the field of real estate in Cyprus and Greece. The curriculum combines academic knowledge with practical experience in order to provide students with the required theoretical knowledge and skills for a successful career. The aim of the program in Real Estate Valuation and Development is to create highly qualified professionals who will be able to play a leading role in the Real Estate industry, one of the most important sectors of the economy not only in Cyprus but also across the globe. Upon completion of the program in Real Estate Valuation and Development, graduates will have acquired:

  • Excellent knowledge of both the traditional and modern valuation methods. Each method is examined from both the theoretical and the practical perspective as it relates to the Cyprus real estate market. Students become also very well acquainted with International Valuation Standards (with emphasis on the Standards developed by the Royal Institute of Chartered Surveyors and how they apply to the local market)
  • Comprehensive knowledge of the theoretical framework and methods that are used internationally for analysing scientifically local and national real estate markets, real estate portfolios and individual real estate investments
  • Full understanding of the legal framework and particular laws that apply to real estate ownership and transactions in Cyprus
  • The basic technical knowledge for estimating the cost, evaluating, operating and managing a real estate development
  • All those analytical skills and critical thinking that are necessary qualifications for professional advancement
  • Knowledge and appreciation of the rules for professional conduct and sensitivity to the needs of society

Courses are taught in Greek and English.

Admission requirements

Entry Requirements:

  1. Completed application form.
  2. Passport data page. { passport should have at least, the expected duration of study}
  3. High school certificate.
  4. Reference letter.
  5. Personal Statement.
  6. Passport photograph.
  7. English language proficiency.

*English language proficiency will only be waived if previous lessons were taught in English language and with proof.

Does this course require proof of English proficiency?

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Program content

Year: 1 Semester: 1

  • Principles of Microeconomics
  • Computer SkillsLanguage & Communication
  • Mathematical Methods
  • Principles of Real Estate
  • Construction Technology I

Year: 1 Semester: 2

  • Principles of Macroeconomics
  • Financial Accounting
  • Introduction to Statistics
  • Language & Communication
  • Construction Graphics & CAD
  • Construction Technology II

Year: 2 Semester: 3

  • Land Planning & Environmental Design
  • Managerial Economics
  • Real Estate Law
  • Urban and Regional Economics
  • Introduction to Business 6.0

Year: 2 Semester: 4

  • Principles of Marketing
  • Theory and Practice of Real Estate Valuation
  • Statistics II
  • Real Estate Economics
  • Project Scheduling & Control

Year: 3 Semester: 5

  • Financial Theory
  • Residential Property Analysis and Valuation
  • Statutory Valuation
  • Building Services
  • Construction Economics

Year: 3 Semester: 6

  • Building Pathology
  • GIS Principles and Applications in Real Estate
  • Corporate Finance
  • Income Property Analysis and Valuation
  • Building Technology: Structural Systems II

Year: 4 Semester: 7

  • Real Estate Development
  • Real Estate Investment: International and Domestic
  • Facilities/Property Management
  • Sustainability and Environmental Issues in Real Estate Development
  • Dissertation

Year: 4 Semester: 8

  • Real Estate Development Practice
  • Research Methods
  • Construction Management
  • Electives
  • Dissertation

Scholarships & funding

Several scholarship options are available. Please check the university website for more information.


The program in Real Estate Valuation and Development is approved by the Cyprus Technical Chamber and provides full professional certification in the field of Real Estate Valuation. The graduates are also entitled to take the exam organised by the Cyprus Real Estate Agents Registration Council (after acquiring the minimum practical experience required by the Council) in order to become licensed real estate agents

Career paths

Besides being able to work in the valuation profession, the graduates of the Bachelor in Real Estate Valuation and Development will have all the required qualifications to pursue positions in a wide range of companies that are active in the Real Estate sector such as real estate agencies, real estate development companies, business consultancy firms, investment advisory companies, property management companies, banks (in real estate financing departments) and many other similar organizations. They will be also able to pursue positions in the public sector and particularly in the land registry, public works departments, city planning departments and local government offices

About this institute

Neapolis University Pafos

Neapolis University Pafos (NUP) is one of the leading private universities in Cyprus, located at the most welcoming city in the world, Pafos. Established in 2010, NUP is a young, vibrant academic institution which combines high-quality education with graduate career...

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Why study at Neapolis University Pafos

  • High level of education
  • Academically stimulating courses taught by excellent and approachable tutors
  • An exceptionally friendly university that welcomes students from all backgrounds and offers them the chance to succeed
  • Enjoyable environment and high-standard campus accommodation
  • Modern premises and facilities
  • Student clubs
  • Programmes taught in both Greek and English language
  • Accessible and frequent bus services connecting the town with all other cities
  • Bus route directly to and from Pafos International Airport
  • Campus near private medical clinic

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