Mr. Thomas Dimopoulos Profile

Thomas Dimopoulos

Assistant professor at Neapolis Univ

SPIE Involvement:

Author

Area of Expertise:

Property Valuation Techniques , Automated Valuation Modelling , Property Taxation , Computer Assisted Mass Appraisals , Real Estate , Fiscal Autonomy

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Company Website

Publications (7)

Proceedings Article | 21 September 2023 Paper

Developing an automated valuation model for estimating land values in Limassol

Stelios Apostolidis, Thomas Dimopoulos

Proceedings Volume 12786, 127860I (2023) https://doi.org/10.1117/12.2680621

KEYWORDS: Data modeling, Statistical modeling, Databases, Statistical analysis, Roads, Overfitting, Linear regression, Error analysis, Autocorrelation, Statistical methods

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Proceedings Article | 27 June 2019 Paper

Artificial intelligence for mass appraisals of residential properties in Nicosia: mathematical modelling and algorithmic implementation

Thomas Dimopoulos, Nikolaos Bakas

Proceedings Volume 11174, 111741A (2019) https://doi.org/10.1117/12.2538430

KEYWORDS: Artificial intelligence, Mathematical modeling, Machine learning, Databases, Evolutionary algorithms, Data modeling, Error analysis, Artificial neural networks

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Proceedings Article | 27 June 2019 Paper

Factors affecting the price of industrial land in the district of Nicosia, Cyprus

Polyvios Protopapas, Thomas Dimopoulos

Proceedings Volume 11174, 1117419 (2019) https://doi.org/10.1117/12.2536530

KEYWORDS: Data modeling, Buildings, Tolerancing, Legal, Analytical research, Roads, Databases, Error analysis, Statistical analysis, Nanolithography

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Proceedings Article | 6 September 2017 Paper

Implementing GIS in real estate price prediction and mass valuation: the case study of Nicosia District

Charalambos Yiorkas, Thomas Dimopoulos

Proceedings Volume 10444, 104440F (2017) https://doi.org/10.1117/12.2280255

KEYWORDS: Geographic information systems

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When the European Commission, International Monetary Fund and European Central Bank arrived in Cyprus to assist for a sustainable solution on the crisis on the banking sector, one of the first things they ordered was a New General Valuation (a mass appraisal that would revalue all properties in Cyprus as on 1st of January 2013), that it would be used for taxation purposes. The above indicates the importance of property mass appraising tools. This task was successfully conducted by the Department of Lands and Surveys. Authors aim to move a step further and implement the use of GIS and GWR techniques to improve the results of the New General Valuation. On a sample of comparative evidences for flats in Nicosia District, GIS was used to measure the impact of spatial attributes on real estate prices and to construct a prediction model in terms of spatially estimating apartment values. In addition to the structural property characteristics, some spatial attributes (landmarks) were also analysed to assess their contribution on the prices of the apartments, including the Central Business District (CBD), schools and universities, as well as the major city roads and the restricted zone that divides the country into two parts; the occupied by Turkish area and the Greek area. The values of the spatial attributes, or locational characteristics, were determined by employing GIS, considering an established model of multicriteria analysis. The price prediction model was analysed using the OLS method and calibrated based on the GWR method. The results of the statistic process indicate an accuracy of 81.34%, showing better performance than the mass valuation system applied by the Department of Land and Surveys in Cyprus with accuracy of 66.76%. This approach suggests that GIS systems are fundamentally important in mass valuation procedures in order to identify the spatial pattern of the attributes, provided that the database is comprised by a sufficient number of comparable information and it is continuously updated.

Proceedings Article | 19 June 2015 Paper

Introducing local property tax for fiscal decentralization and local authority autonomy

Thomas Dimopoulos, Tassos Labropoulos, Diafantos Hadjimitsis

Proceedings Volume 9535, 953509 (2015) https://doi.org/10.1117/12.2193545

KEYWORDS: Geographic information systems, Statistical analysis, Data modeling, Statistical modeling, Computing systems, Remote sensing, Calibration, Visual process modeling, Databases, Analytical research

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Proceedings Article | 19 June 2015 Paper

Travelling in the eastern Mediterranean with landscape character assessment

N. Abu Jaber, Y. Abunnasr, A. Abu Yahya, N. Boulad, O. Christou, G. Dimitropoulos, T. Dimopoulos, K. Gkoltsiou, N. Khreis, P. Manolaki, K. Michael, T. Odeh, A. Papatheodoulou, A. Sorotou, S. Sinno, O. Suliman, N. Symons, T. Terkenli, Vassilis Trigkas, M.G. Trovato, M. Victora, M. Zomeni, I. Vogiatzakis

Proceedings Volume 9535, 953505 (2015) https://doi.org/10.1117/12.2192727

KEYWORDS: Principal component analysis, Geology, Associative arrays, Multispectral imaging, Geographic information systems, Soil science, Climatology, Nomenclature, Standards development, Aluminum

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Proceedings Article | 12 August 2014 Paper

Comparative analysis of property taxation policies within Greece and Cyprus evaluating the use of GIS, CAMA, and remote sensing techniques

Thomas Dimopoulos, Tassos Labropoulos, Diofantos Hadjimitsis

Proceedings Volume 9229, 92290O (2014) https://doi.org/10.1117/12.2070457

KEYWORDS: Geographic information systems, Remote sensing, Data modeling, Buildings, Databases, Systems modeling, Orthophoto maps, 3D modeling, Amplifiers, System integration

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Showing 5 of 7 publications

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