How to Renovate for Rental?

You own an apartment and want to turn it into a rental investment? Renovating may be the solution to make your property more attractive on the market, so you can achieve better profitability! Indeed, a renovated or simply refreshed apartment rents for a higher price and is easier to lease than others. Architects often perform wonders and can easily help you transform your property.

That’s why we are giving you all our tips to make your renovation work a success!

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Refresh your property:

One of the most important steps in renovating your apartment is refreshing the flooring and walls. Indeed, apartments are properties that have often been lived in, with tenants coming and going, paint fading, and floors often worn over time. Sometimes, repainting is enough to give a room a shine, removing old wallpaper and yellowed walls! Installing hardwood flooring can also be a solution to restore the character of an apartment. But if you are renting a furnished property, don’t skimp on decoration, which can often be perceived as a huge advantage by a tenant!

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Project completed by: Joshua Florquin Architecture

Expand the spaces:

At a time when the rental market is becoming saturated in large cities, properties are becoming increasingly rare. Playing with volumes can then optimize the feeling of space in your apartment. Potential owners are always looking to save space. In this case, an architect can be particularly suitable, as they will propose innovative and aesthetic solutions. Mirror games, lighting fixtures, canopies, and partial partitions are all solutions to make the most of your square meters.

Project completed by: Edouard Danais Architecte

Optimize your storage:

Still in the same way of saving space, optimizing and camouflaging your storage can save you a lot of space and make your apartment more practical! If you hire an architect, they can offer you clever solutions. Between modular furniture, foldable storage, and built-in storage, don’t waste any more space with storage!

Project completed by: Architecture JOD

Choose the right materials:

We recently talked about the average cost of a renovation per m², and due to the cost of a renovation, it will depend on the materials used. For an apartment renovation, it is better to favor quality materials if you want to make a sustainable investment over time. It is not necessarily necessary to go high-end, especially for a rental investment, but it is essential to rely on good materials. A beautiful floor, a nice faucet, or even a beautiful kitchen are all elements that can make a difference for a tenant and justify the price of your rental property.

If you are accompanied by an architect, they will know how to choose the most appropriate materials for your project and the best value for money.

Project completed by: Yann Vienot Architecture

Bring your apartment up to standard:

For an older apartment, it is mandatory to plan renovation work before considering renting the property. Double glazing, sound insulation, electricity, plumbing, and heating are all essential elements for the comfort of a property! A poorly insulated and poorly maintained apartment can deter potential tenants. Therefore, it is in your interest to regularly maintain your property. It should be noted that the National Housing Agency grants subsidies to owners who carry out work on properties over 15 years old. But there are many aids for energy renovation that can reduce the cost of your renovation work.

Rent your renovated property with peace of mind

That’s it, your property is renovated. How can we market it and rent it out as quickly as possible to make it a profitable investment? Several options are available to find your ideal tenant.

You can go through a traditional real estate agency or meet with rental candidates. Now, you also have the option to use the services of an online real estate agency that selects the best tenants for you through tailored matching, saving you a lot of time and money.

So now you know everything! Undertaking a more or less significant renovation of your apartment can be a real asset for renting your property. This renovation will allow you to further develop your wealth if you hire an architect. So you have everything to gain!

Do you want to hire the services of an architect for your apartment renovation project? The Archidvisor platform will help you find the architect best suited to your expectations and budget.