How to increase the value of a property in Marbella

By: HHomes

Owning a home could mean a number of things to its owners, such as a long-term or short-term investment, or a way to earn income if it is put up for rent. But, when it comes to selling it or getting tenants, a series of events external to the house can occur that can make this procedure take longer or the desired benefits are not achieved.

However, there are ways to get the value of a property to increase, so a reform is a safe bet to do so. Many people consider that renovating an apartment to rent it supposes losses of money instead of income due to the fact that an investment has to be made and the time of this could be extended. These types of problems can be solved, for example, by hiring a reform guarantee.

A reform brings with it many positive aspects that owners should take into account, among these it should be emphasized that it is much more attractive, modern, habitable, among many more, making it sell or rent better either for a higher value and more fast. Taking into account the competition that exists in the real estate world and the economic situations of each country, the owners must make an effort to be able to obtain the greatest possible benefit.

The moment to reform your property can be key, but when is the best time to do it?

• When you do not have the certificate of habitability: The certificate of habitability is one that guarantees that you can live in a home. It is given by a technician after visiting the property. If you do not have this certificate, the house cannot be inhabited and therefore makes the sale or rental process difficult. On the other hand, few people are interested in buying that type of house. They must meet an extensive list of requirements in order to obtain the certificate. Some of the requirements are:
  -Have a useful area of ​​36 m2.
  -Comply with current energy efficiency regulations.
  -Have hot and cold water services, water evacuation and electricity.
  -A kitchen equipment consisting of, even a drain, a cooking appliance and a smoke extraction system, among many others.
• When the state of conservation is deplorable: There are buildings built more than 20 years ago, so that, although they appear to be in good condition, the boilers,
  the appliances and pipes are old, the floors are worn, and the appliances consume too much energy, this causes the home to be devalued, part of the potential buyers consider that the old floors are unattractive. That is why it is good to reform them, in order to increase their value in the market.

Although there are many types of renovations, there are some that help increase the value of an apartment. They are between them:

• Reforms in the kitchen: This is one of the most important in the house. Newly renovated kitchens with good appliances are valued positively. The doors, cabinets and countertops must also be restored.
• Reforms in the living room: In addition to changing the furniture, there are more possibilities of reforms that can be carried out in the area, these are more related to the maintenance of various parts of the room such as the walls, floors, windows and adding luminosity . There are small details that can change the house, such as adding blinds and curtains.
• Reform of the bathrooms: This area is one of the areas that suffers the most damage in a house. If there are dampness or mold marks, it is important to fix them. In the case of the sink, toilet and bathtub or shower, it is also important to change and modernize them. Another trick to increase the value of the house is to add another bathroom, if there is room to do so.
• Room renovations: Taking care of the paint on the walls and the condition of the floors can make a room change completely. However, something that is valued positively is that there is some entry of natural light. Built-in wardrobes and a box spring with mattress also add value.

There is another type of reform that is less specific and it is maintenance reforms, these consist of improving the general condition of the house by changing the floors, painting the walls, removing dampness, making constant reviews of the installation electric and boiler, among others.

People who are looking to buy a house in Marbella positively value that it is committed to the environment, this means that a house that has improved insulation so as not to spend on heating or air conditioning or that has electrical appliances with an energy certificate. efficient, it will make that home a safe option for your purchase or rental. This results in its value increasing.

So now you know, if you have a property in Marbella or on the Costa del Sol and you are thinking of selling it, follow these tips and you will be able to increase the value of it and obtain a greater profit.