In recent months, we have received clients interested in buying a town house in Los Montesinos. This type of property is highly desired, since it offers the possibility of living on one floor with a garden and garage close to all the main services in the municipality.
However, one of the first questions our clients ask themselves is: "How much should I spend to renovate an old house?". It is important that we learn to estimate the cost of a renovation of these characteristics, since this way we can decide whether we are interested in a second-hand home or we prefer to opt for a new-build villa.
First of all, you must plan the renovation work you want to carry out. It is important to make a complete review of the state of the house with the help of a professional: conditions of its structure, walls, state of the pipes and appearance of dampness, etc. Next, you will have to decide if you prefer to preserve the aesthetics of the house or give it a more modern air.
Do you want to make a significant change with the distribution of the rooms? These types of houses are very compartmentalized and a good idea is to tear down some partitions to gain space. If you want to change the location of the kitchen or bathrooms, you will have to invest a significantly larger budget.
Here are some indicative prices for different jobs:
⁃ Demolition, cleaning and transport to the landfill (€ 1,000 - € 4,000).
⁃ Reconstruction and remodeling of structures (€ 3,000 - € 7,000).
⁃ Masonry (€ 5,000 - € 9,000).
⁃ Interior carpentry (€ 3,000 - € 8,000).
⁃ Coatings (€ 2,000 - € 8,000).
⁃ Kitchen and bathroom furniture (€ 1,500 - € 4,500).
⁃ Electricity and energy conditioning (€ 1,500 - € 3,000).
⁃ Building license: € 2,000 approx.
In short, the cost of a complete remodel can range from € 20,000 to € 50,000.
Some of our recommendations:
- Take advantage of the qualities of the house, as well as some furniture that you can restore to give it a new life. If the house has a fireplace, it is advisable not to close it in case it may be useful to you in the future.
- Pay special attention to the change and quality of the windows, as they will significantly improve the property in terms of thermal and acoustic insulation.
- The combination of modern and antique elements is a winning bet for a timeless decoration with character.