From a fresh coat of paint to a full gut renovation, estimate costs per sqm.
Estimated cost
25 000EUR
Cost per m2
500EUR/m²
Low estimate
25 000EUR
High estimate
40 000EUR
Light (200-400 EUR/m2)
Medium (500-800 EUR/m2)
Renovation costs depend on three main factors: property size, type of work (light, medium, or heavy), and geographic location. Prices per sqm vary significantly between cities and rural areas.
Light renovation (painting, flooring, surface electrical) costs between 200 and 400 EUR/sqm. Medium renovation (bathroom, kitchen, insulation) ranges from 500 to 800 EUR/sqm. Heavy renovation (structural work) costs between 1,000 and 1,500 EUR/sqm.
Certain energy renovation works qualify for government subsidies and can be deducted from rental income under the real expense tax regime.
Costs depend on the type of work: light renovation (painting, flooring, partial electrical) costs €200-400/m², medium renovation (kitchen, bathroom, insulation) €500-800/m², and heavy renovation (structural, roofing, full redistribution) €1,000-1,500/m². Always budget a 10-15% contingency for unexpected expenses.
Under the real regime (unfurnished or LMNP), maintenance and repair works are deductible in the year they are completed. Improvement and construction works are amortized over 10 to 30 years depending on their nature. Under unfurnished real regime, a property deficit created by works can be offset against total income up to €10,700/year.
Yes, in most cases. A renovated property rents faster, at a higher rent, and attracts better-quality tenants. Additionally, works completed before the first rental are tax-deductible or depreciable, which reduces your tax liability from the very first year.
Get a complete analysis with 4 compared tax regimes, location score, market data and PDF/Excel exports.
The results of this tool are provided for informational purposes only and do not constitute investment advice. Consult a professional before making any decision.
Estimated cost
25 000EUR