Renovations That Add Value: Smart Investment in Your Property

Renovations That Add Value: Smart Investment in Your Property

Not all renovations increase your property value equally. At Promocat, we show you which refurbishments offer the best return on investment.

Renovations with the Highest ROI

1. Modernised Kitchen (ROI: 70-80%)

The kitchen is the heart of the home:

  • New units and worktops
  • High-end appliances
  • Recessed LED lighting
  • Modern taps and fittings
  • Durable porcelain-style flooring

Typical investment: €10,000-20,000

2. Refurbished Bathrooms (ROI: 60-70%)

Modern bathrooms sell properties:

  • Wall-hung sanitaryware
  • Level-access shower trays
  • Toughened glass shower screen
  • Spa-style lighting
  • Quality wall finishes

Typical investment: €5,000-12,000 per bathroom

3. Interior Painting (ROI: 100%+)

The most cost-effective renovation:

  • Neutral, modern colours
  • Professional finishes
  • Ceilings and mouldings included
  • Quality washable paint

Typical investment: €2,000-4,000

4. Refurbished Flooring (ROI: 50-60%)

Flooring makes a real difference:

  • Quality engineered wood or laminate
  • Wood-effect porcelain tiles
  • Modern microcement
  • Restored natural parquet

Typical investment: €5,000-10,000

Renovations That Are Not Worth It

Indoor Pools

Expensive to maintain and only appealing to a very small niche.

Extreme Personalisation

Highly individual designs limit the potential buyer pool.

Ultra-luxury Materials

In mid-range areas, you will not recover the investment in Carrara marble.

Structural Renovations

Open-plan Living (ROI: 40-50%)

Open kitchens into the living room are highly sought after:

  • Removal of partition walls (with permission)
  • Support beams if required
  • Central island as a divider

Typical investment: €3,000-8,000

Enlarging a Bathroom (ROI: 30-40%)

Small bathrooms reduce value:

  • Repurposing storage rooms
  • Reorganisation of space
  • Adding a guest WC

Typical investment: €8,000-15,000

Exterior Renovations

Glazed Terrace or Balcony (ROI: 50-60%)

Highly valued additional space:

  • Glass curtain systems
  • Thermal insulation
  • Technical flooring

Typical investment: €5,000-12,000

Landscaped Garden (ROI: 50-60%)

Essential for first impressions:

  • Professional design
  • Automatic irrigation
  • Exterior lighting
  • Seating area

Typical investment: €8,000-20,000

Timing Your Renovations

Before Selling:

  • Painting and minor repairs
  • Low-cost cosmetic updates
  • Deep clean

To Maintain Value:

  • Regular preventive maintenance
  • Updates every 10-15 years
  • Immediate repair of defects

Permits and Legal Requirements

Renovations requiring permission:

  • Facade changes
  • Structural modifications
  • Change of use of spaces
  • Major installations

Financing Renovations

Available options:

  • Personal loans
  • Credit lines
  • Renovation grants
  • Mortgage extension

Our Advisory Service

At Promocat we help you with:

  • Renovation potential assessment
  • Contact with trusted professionals
  • Comparative quotes
  • Project supervision
  • Post-renovation valuation

Want to renovate to sell better? Consult our experts on which improvements will maximise your return.