The Bachelor in Real Estate Valuation and Development is the first and also the only undergraduate programme 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 programme 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 programme in Real Estate Valuation and Development, graduates will have acquired:
The real estate sector is one of the key sectors of the economy not only in Cyprus but also internationally. Economic globalization and the increasing volatility of the local and international economic environment require the use of human resources that have specialized training in this multifaceted field. The Programme in Real Estate Valuation and Development at the Neapolis University offers excellent training in all aspects of the real estate sector and allows the graduates of the programme to pursue career opportunities in a wide range of companies and public organizations.
Petros Sivitanides Real Estate Programme Coordinator.
“Regardless of the economic situation, the real estate sector is at the heart of the buying and investment interest and according to many experts, the real estate development is the key pillar for the exit from the current recession. The Programme in Real Estate Valuation and Development gives students the opportunity to enter this unique area of real estate that provides excellent working conditions and a favourable remuneration.”
Thomas Demopoulos MRICS Lecturer in Real Estate
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.
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| ECON101 | Principles of Microeconomics | Compulsory | 6 |
| FINA100 | Principles of Finance | Compulsory | 6 |
| MATH103 | Introduction to Mathematics | Compulsory | 6 |
| REAL100 | Principles of Real Estate | Compulsory | 6 |
| CONS101 | Construction Technology I | Compulsory | 6 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| ECON102 | Principles of Macroeconomics | Compulsory | 6 |
| ACCN101 | Principles of Financial Accounting | Compulsory | 6 |
| STAT103 | Statistics I | Compulsory | 6 |
| BUSN210 | Digital Economy | Compulsory | 6 |
| ARCHBT102 | Building Technology 2: Components, Materials and Methods of Construction | Compulsory | 6 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| REAL202 | Land Planning& Environmental Design | Compulsory | 6 |
| REAL201 | Real Estate Law | Compulsory | 6 |
| ECON202 | Managerial Economics | Compulsory | 6 |
| REAL200 | Urban and Regional Economics | Compulsory | 6 |
| BUSN100 | Introduction to Business | Compulsory | 6 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| BUSN104 | Principles of Marketing | Compulsory | 6 |
| STAT203 | Statistics II | Compulsory | 6 |
| REAL302 | Theory and Practice of Real Estate Valuation | Compulsory | 6 |
| REAL300 | Real Estate Economics | Compulsory | 6 |
| CONS405 | Project Scheduling & Control | Compulsory | 6 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| BUSN203/FINA200 | Financial Theory | Compulsory | 6 |
| CONS302 | Construction Economics | Compulsory | 6 |
| REAL304 | Residential Property Analysis and Valuation | Compulsory | 9 |
| REAL306 | Statutory Valuations | Compulsory | 6 |
| ARCH BT204 | Building Technology 4: Building Services | Compulsory | 3 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| CONS201 | Building Pathology | Compulsory | 6 |
| REAL303 | GIS Principles and Applications in Real Estate | Compulsory | 6 |
| FINA301 | Corporate Finance | Compulsory | 6 |
| REAL305 | Income Property Analysis and Valuation | Compulsory | 9 |
| ENGR140 | Computer Aided Design | Compulsory | 3 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| REAL400 | Real Estate Development | Compulsory | 6 |
| REAL401 | Real Estate Investment: International and Domestic | Compulsory | 6 |
| REAL402 | Facilities/Property Management | Compulsory | 6 |
| REAL404 | Sustainability and Environmental Issues in Real Estate Development | Compulsory | 6 |
| REAS401 | Dissertation | Compulsory | 6 |
| Code | Course title | Course type | ECTS |
|---|---|---|---|
| REAL403 | Real Estate Development Practice | Compulsory | 6 |
| BUSN412 | Research Methods | Compulsory | 6 |
| CONS406 | Construction Management | Compulsory | 6 |
| CONS406 | Ethics and Professional Practice for Real Estate | Electives | 6 |
| REAL445 | Practical Training | Electives | 6 |
| PEPS401 | Dissertation | Compulsory | 6 |
The Bachelor in Real Estate Valuation and Development comprises 240 credits, which are offered in eight semesters.
First year
The first year curriculum includes introductory courses in various disciplines directly related to Real Estate, such as Economics, Finance, Accounting, Construction, Mathematics and Statistics.
Second year
The second year of study includes some additional introductory courses in Statistics, Finance and Business Administration, as well as some other courses that are directly related to the property market, such as Land Development Planning, Real Estate Law, Urban and Regional Economics, Real Estate Economics, and Introduction to the Theory and Practice of Valuation.
Third year
The courses in the third year focus on various aspects of property valuation, such as Residential Property Valuation, Commercial Property Valuation, Statutory Valuations, Building Pathology and Construction Economics.
Fourth year
In the fourth year students study the various aspects and stages of the land development process, including investment, environmental and management aspects, both during the construction of the project and after its completion. In addition, students must complete a dissertation, which gives them the opportunity to develop their research skills and carry out an in-depth study of a topic of their choice.
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In order to be admitted into the Programme, candidates must possess, as a minimum:
Decisions on admission are made on an individual basis taking into account the type and quality of previous studies, the grade obtained in previous studies, and the suitability of the candidate for the programme of study.
Generally, the deadline for applying
for the Fall semester is end of August and
for Spring semester, end of November
In order to be admitted into the Programme, candidates must possess, as a minimum:
Decisions on admission are made on an individual basis taking into account the type and quality of previous studies, the grade obtained in previous studies, and the suitability of the candidate for the programme of study.
Tuition Fees
(per year)
€9,850
Extra tuition fees for a Dual Degree from Middlesex University:€1,000
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