The Remodeling Market is on the Rise
With the natural increase in property prices in Portugal, the remodeling market has emerged as an alternative for people looking to purchase property and save money.
This trend is particularly notable in the more expensive areas of major cities, where the price per square meter is significantly higher than in other regions of the country.
Saving is a Major Advantage
Undeniably, the overall cost savings are the greatest benefit of the remodeling market.
Buying a property for renovation or demolition can yield a profit of up to 50% compared to a similar new property.
Your Home, Your Way in the Remodeling Market
Remodeling a property from the ground up can be the opportunity to build your home just the way you’ve always dreamed of.
Even though the construction area remains the same, an architectural project can reorganize the spaces, giving the property an entirely new layout.
Know How to Choose the Property and the Project for Remodeling
Some properties come with legal and historical requirements, so knowing how to choose the property and especially the project can avoid minor setbacks during the work.
In historical areas, it’s common to find properties that require the preservation of facades as they were at the time of construction, which can be challenging.
Certainly, with all legal aspects considered and a well-executed project, it’s likely that remodeling will offer advantages in your purchase.
Be Happy in Your New Home
The remodeling market has been driving the real estate market for some time now.
Many people who have opted for this type of real estate have shown satisfaction with their new homes and the savings made during the process.
