Buy a house to renovate in Portugal from 45,000 euros

Do you know the advantages of buying and renovating a house in Portugal? There are options for all tastes and budgets for sale in Portugal.

Home makeover in Portugal Lúmina Home Staging

Editorial Team

6 October 2022, 16:38

Every now and then a house needs to be renovated, whether for architectural or aesthetic needs, in order to respond to a specific desire of its owner or simply to have a new look during the different times of the year, but it can also be the dream of many to buy and renovate a house abroad. For this reason, we're here to give you a helping hand with our selection of properties where you can buy a house to renovate in Portugal from 45,000 euros.

The desire to restore a house, entirely to the taste of each one, leads many people to seek to invest in houses or flats to renovate, a strategy that can be advantageous to earn some money and even help others to get what they seek so much in the volatile real estate market. How much do renovations cost in Portugal? And how can I renovate in Portugal? Let's find out.

The advantages of renovating a house in Portugal

Those who wish to buy a house to renovate have the possibility of starting from scratch. You can choose practically everything: finishes, furniture and much more, while you'll then be able to arrange them however you please.

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Buying a house to renovate therefore offers the desired versatility, but there are more advantages:

Immediate response to needs: when you decide to buy a house to renovate you can choose the finishes you want, making the house as personalised as possible.
Prospects for the future: those who buy houses for renovation usually pay attention to the future potentialities of a property. It may become a family's new home or even luxury accommodation.
Architectural features with cultural importance: some of the properties that are most easily found for renovation in Portugal are located in historical centres, with privileged views, and present features common to their period of construction. They are fundamental to understanding the urban evolution of an area and, therefore, should be preserved.
Market value: some properties for renovation are cheaper, but after renovation they will be worth more. Renovating and selling a house is a smart way to double or even triple profits.

Renovating a property is a long, sometimes intense process, but in most cases highly worth it. If we are talking about the renovation of a family property, for example, there will certainly be a greater connection with the property.

Disadvantages of renovating a house

Currently with the higher costs of living, it is not surprising that buying a house to renovate in Portugal can have some disadvantages. Usually these disadvantages are associated with the expenses that will exist with the renovation/remodelling and also with the time that the process takes.

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It should be noted that houses for sale for renovation are old and need thorough work to improve thermal insulation or energy efficiency in order to avoid its degradation.

Before buying a house and renovating it in Portugal, it is necessary to do some maths and understand what expenses could be incurred and how to avoid them. You can, for example, contact a company that specialises in renovations to ensure that costs don't run too high. The cost of renovating a property in Portugal highly varies depending on the state of repair of the property and the scale of the work you wish to carry out.

Tips to renovate your house quickly

Before beginning your search for a house to renovate in Portugal, take a look at our advice for quick and inexpensive renovations, as renovating doesn't always mean pulling down walls and starting from scratch.

Living room: this is one of the rooms where you spend most of your time, so renew the furniture, change the curtains, the cushions and choose a television with a higher energy rating. A good idea might be to change curtains and cushions according to the season to mark the passing of the months and make sure the house looks different over time;
Office: add photos, artwork or just change the colour of one wall. You can add several mirrors to create depth and even scatter plants, perfect if you're working remotely;
Kitchen: you can change the colour of the furniture or the materials used to make the cupboards. Sometimes changing the paint on a wall can be enough to give your kitchen an innovative look;
Bathroom: maybe you just need to give a makeover so certain areas of the bathroom, with a new painting, an element that reminds you of a special place. You could change the mirror, choose a new piece of furniture to store toiletries or even add a plant;
Bedroom: look for a bed with an ergonomic and comfortable mattress, create a reading corner, use wallpaper or paint with neutral colours and choose a storage area that allows you to keep everything you want. If you want, make use of vacuum bags to store quilts and duvets during the warm season.

Start exploring the best deals on large, cheap houses to renovate in Portugal. Check out our selection of properties across Portugal, with property to renovate in the Algarve, Lisbon, Porto and beyond, that can express your personality with a simple change. There are options for all tastes from 45,000 euros: total or partial renovation, or even just a makeover with a fresh coat of paint, it's up to you to choose.