Although generally speaking in Spain homeowners are not usually willing to invest money in a property they aren’t planning to live in, in truth the act of renovating and doing up a property with a view to selling or renting it out should be regarded as an investment that provides a higher return, considering that the property can be sold on or rented out at a profit.
At Lasose Properties & Investments we’re passing on these five tips so that you can increase the value of your property.
Be aware of the first impression.
The same as with people, with real estate it is the first impression that really counts. It is essential to maximise the factors that make the property appealing, such as: ensuring that it is freshly painted, well lit, that the whole house is clean and free of damage, and of course, that it has well thought-out decor and looks thoughtfully put-together. This is also important to bear in mind if the property has outdoor space, as in this case the first impression will be made before the property has even been entered into.
Extending the space
When we talk about enlarging the space, it does not necessarily have to mean an extension of the property, but rather a good redistribution of the existing space so that what there is can be used more effectively. This will also make the property seem much brighter.
Taking care of the details
Use quality materials to refurbish your house. For example unify and renovate the floors of the house, and also make sure the windows and doors are up to scratch, which will improve the insulation and the general appearance of the property.
Improve sustainability
Today’s buyers are looking for homes that are much more sustainable and environmentally friendly. Changing old light bulbs for LED lights, improving insulation or considering the installation of alternative renewable energies to help the environment and save on bills will be a valuable addition to any home.
Kitchen and bathroom renovation
These are the rooms that are most affected by the passage of time. In order to revalue a property, it is necessary to renovate the cladding to give it a more modern look. For example, a very useful change is to replace the bathtub with a new shower tray.
