Property Valuation in Xanthi, Greece

Certified valuer (Greek Ministry of Finance register, TEE-TMEDE, Association of Valuers of Greece). Reports accepted by banks, tax authorities and courts, in English on request.

Types of Property Valuation

Every situation that calls for an objective, well-documented assessment of value.

Bank Valuations

Valuations for mortgage or business loans and refinancing, to the specifications of the Greek banks.

Purchases & Sales

The real market value before you buy or sell, so that you negotiate with evidence rather than guesswork. Especially useful if you are buying from abroad.

Inheritance & Parental Gifts

Valuations for the division of an estate, parental gifts and donations, comparing the tax (objective) value with the market value, with full technical supporting documents.

Divorce & Court Use

Expert reports and technical-consultant reports for the division of assets, disputes, and the calculation of damages and compensation.

Corporate & Auctions

Valuation of fixed assets for financial statements (Greek GAAP / IFRS), contributions in kind, and market value for auctions under Presidential Decree 59/2016.

Investment & Rental

Rental value, analysis of the return on a property investment and calculation of yield (ROI) for buy-to-let and short-stay properties.

A certified property valuer in Xanthi, registered with the Greek Ministry of Finance

An objective assessment of your property's value, with documentation that is accepted by banks, the tax authorities and the courts.

The Roommates – SYMVOULOI MICHANIKOI O.E. (Consulting Engineers), based at 64 Michail Karaoli St in Xanthi and in continuous operation since 2011, carries out property valuations of every kind in Xanthi and the wider region of Thrace. Founder Anneta Tselepi is a certified valuer, registered with the Register of Certified Valuers of the Greek Ministry of Finance, with the Technical Chamber of Greece (TEE-TMEDE) and with the Association of Valuers of Greece (AVAG / Σ.ΕΚ.Ε.) as expert valuer. Every report we deliver carries a certified signature and documentation you can present with confidence to any authority: not an estimate "by eye", but a valuation based on recognised standards and knowledge of the local market.

What a certified valuation is

A certified valuation is a report prepared by a valuer registered with the Register of Certified Valuers of the Greek Ministry of Finance (Law 4152/2013), in line with the internationally recognised RICS Red Book, the European Valuation Standards (EVS, TEGoVA) and the International Valuation Standards (IVS). For the market value of seized property, as in auctions, the methodology of Presidential Decree 59/2016 is also followed. The certification is what makes the report acceptable to banks, the tax administration, notaries and courts, and what sets a certified valuer apart from an estate agent or an engineer without a valuation qualification.

When you need a property valuation

An independent valuation protects you from costly decisions. The most common cases are:

  • Bank and loan: mortgage or business loan, refinancing, mortgage registration. We prepare valuations for the National Bank of Greece (Wave platform) and Alpha Bank / Alpha Real Estate Services.
  • Purchase or sale: the real market value before you buy or sell, including when you are buying a holiday home or an investment property in Greece from abroad.
  • Inheritance and parental gift: a fair division between heirs, documentation of value in notarial deeds, comparison of the tax (objective) and market values.
  • Divorce and court use: valuation of assets for division or for a claim to a share of acquisitions, expert reports, technical-consultant reports.
  • Corporate financial statements: valuation of fixed assets, contribution of property to a company, mergers and conversions.
  • Auctions: market value under Presidential Decree 59/2016 for creditors, debtors and prospective bidders.

Valuation methods we apply

Depending on the type of property and the purpose of the valuation, we select and document the appropriate method. The comparative method is the main one for homes and plots: we analyse recent sales and asking prices of comparable properties in the same area of Xanthi and adjust for location, floor, age, condition and legal status. The income method (capitalisation of rents) is applied to commercial premises, shops and let properties, while the cost method (replacement cost less depreciation) is used for special buildings, industrial units and new construction.

Process and delivery time

  1. Engagement and documents: we collect the title deed, the cadastral sheet with the KAEK number, the building permit, the floor plan and the site plan, and any declaration of legalisation of unauthorised works. Everything can be sent by email.
  2. Site visit: we visit the property, measure it, check the construction and its condition, photograph the interior and exterior and compare it with the permit drawings. You do not need to be present.
  3. Market research: we identify comparable evidence in Xanthi and check the planning status and building regulations.
  4. Valuation report: we deliver a complete, signed report with methodology, comparable evidence, photographs, drawings and the final conclusion of value, in Greek or English.

For a typical apartment or house within Xanthi, the report is ready within a few working days of the site visit. Bank valuations follow each bank's deadlines.

What determines the cost

There is no single fee for a property valuation. It depends on the type and size of the property (apartment, plot, agricultural land, shop, industrial building), on the purpose and the depth of documentation required (a bank valuation and an expert report for a court have different requirements), on the number of properties and on how complete the documents are. In every case you receive a written quote before the engagement.

Property prices in Xanthi: the picture in 2026

The Xanthi market remains one of the most affordable in Greece, with significant differences between areas. Based on published listing data for 2026, asking prices for homes are indicatively around 1,100 to 1,300 € per m², with the city centre at the upper end and the outer districts, such as Kimmeria, at the lower end. Asking rents in the centre are indicatively close to 5.5 to 6 € per m² per month. These are averages of listings, not actual transactions: a renovated apartment can exceed the average noticeably, while an old property with planning issues can fall below it. That is why the value of your own property only emerges from an individual valuation.

Why choose The Roommates

  • A certified signature: Register of Certified Valuers of the Ministry of Finance, TEE-TMEDE, Association of Valuers of Greece.
  • An engineer's eye and local knowledge since 2011: we identify unauthorised works, construction issues and planning parameters that affect value, neighbourhood by neighbourhood.
  • Complete support: if the valuation reveals pending issues, we handle in-house the legalisation of unauthorised works, the Electronic Building Identity, the energy performance certificate, permits and technical studies, as well as applications to grant programmes such as «Exoikonomo».
  • English-speaking service: communication, documents and the report itself in English when you need them.

Do you need a property valuer in Xanthi? Call us on +30 25410 70511 or send us a message with a few words about the property and the purpose of the valuation, and you will receive a quote with no obligation.

Frequently asked questions about property valuation

What owners, buyers and lawyers ask us most often.

How much does a property valuation in Xanthi cost?
The fee depends on the type of property, the purpose of the valuation, the number of properties and the documents available. A typical home in Xanthi costs clearly less than an industrial property. You receive a written quote before we start, with no obligation.
How long does the valuation report take?
For a typical property within Xanthi the report is usually delivered within a few working days of the site visit, provided we have received the title deeds and drawings. Bank valuations follow each bank's deadlines, while complex properties or court cases take longer.
What is the difference between the 'objective' (tax) value and the market value?
The objective value is calculated from the zone prices and coefficients of the Greek Ministry of Finance and is used for taxes (transfer, inheritance, parental gift, ENFIA property tax). The market value is the amount the property is estimated to sell for in an open-market transaction on the valuation date. The two figures often differ considerably.
Will a Greek bank accept the valuation?
Yes. Our reports are prepared by a certified valuer registered with the Ministry of Finance, in line with the RICS, EVS and IVS standards. We prepare bank valuations for the National Bank of Greece (Wave platform) and Alpha Bank / Alpha Real Estate Services. For a loan, the bank usually commissions the valuation itself.
Which documents do I need to have ready?
The title deed, the cadastral (Ktimatologio) sheet with the KAEK number, the building permit and approved drawings (floor plan, site plan), any declaration of legalisation of unauthorised works (Law 4495/2017) and the E9 property tax form. If a document is missing, we track it down for you.
Can you value a property if I live abroad?
Yes. We handle the whole process remotely: you send us the documents by email, we visit the property ourselves, and you receive the signed report by email, in English if required. A power of attorney is not needed for the valuation itself.

Need a reliable valuation in Xanthi?

Tell us about the property and the purpose of the valuation. You will receive a written quote with no obligation.

Contact us