Key Renovation Services

• Interior Design: Our in-house designers create customized design plans, selecting color palettes, materials, and layouts that reflect your style and enhance functionality.
• Electrical and Plumbing Upgrades: Modernizing these systems ensures safety, compliance with regulations, and improves overall property value.
• Structural Modifications: Whether it’s opening up floor plans, adding rooms, or reinforcing structures, our team handles all necessary modifications with precision.
• Finishing Touches: From flooring and lighting to fixtures and cabinetry, we ensure every detail is meticulously executed.

Price Impact of Renovations

Renovations can significantly affect property values and rental yields. Below is an illustrative table showcasing the impact of different levels of renovation on property prices across key neighborhoods.

Approximate Price Differences by Condition

(All prices in €/sqm; data sourced from Spitogatos and Xe as of 2024. Figures are approximate and for illustrative purposes only.)

Market Trends in Renovation

Renovating properties in Athens is not just about enhancing aesthetics but also about improving functionality and compliance with modern standards. Key trends include:

• Energy Efficiency Upgrades: Implementing energy-efficient systems and materials to reduce utility costs and increase property attractiveness.
• Smart Home Technologies: Integrating smart technologies for enhanced security, convenience, and energy management.
• Open-Plan Designs: Reconfiguring spaces to create open, airy environments that appeal to modern buyers and renters.
• Sustainable Materials: Using eco-friendly and sustainable materials to meet growing environmental awareness among buyers.

Additional Sources:

1. Greek Construction Standards Institute (GCSI) –
2. Athens Urban Development Authority

Case Study

Case Study: Petralona Loft Overhaul

Background: A client purchased a 70 sqm “Not Renovated” loft in Petralona for €2,700/sqm (~€189,000). The loft required significant updates to make it suitable for modern living and attractive to high-quality tenants.

Renovation Objectives:

• Modern Industrial-Chic Look: Incorporate exposed brick, polished concrete floors, and open-plan spaces.
• Electrical and Plumbing Upgrades: Ensure the loft meets current safety standards and accommodates an additional bathroom.
• Kitchen Transformation: Install new cabinetry, countertops, and modern appliances.

Budget & Timeline:

• Renovation Budget: €40,000
• Timeline: 4 months from demolition to final touches

Outcome:

• Post-Renovation Valuation: The loft’s market value increased to €3,700/sqm (~€259,000).
• Rental Yield: Achieved a 4.5% rental yield, significantly higher than pre-renovation estimates.
• Investor Satisfaction: The client successfully enhanced the property’s appeal and profitability through strategic renovations.

Key Features

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Legal Disclaimer

All legal information provided in this section is for informational purposes only and does not constitute legal advice. Always consult with a qualified legal professional before undertaking any renovation projects or making legal decisions related to property enhancements.