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Invest on a Samos Property

Renovations

samos properties

Samos is a beautiful Island in the North East Aegean Sea which is filled with amazing landscapes and wonderful Villages.

There are many old houses for sale in villages like the amazing Pythagoreio, Chora, Mitilinioi, Vourliotes, Manolates, Kokkari, Marathokampos or Aghios Konstantinos.

Many Traditional houses cannot be demolished by law but the can be fully renovated.

 

You can find your dream place and you can make a worthy investment by buying and renovating an old stone house. With the help of our company you can find traditional houses at a good price and turn it in to top-notch accommodation add.ing a surplus in the overall property value

Samos Housing Renovations and Construction

The selling price of your newly renovated house can make you a respectable profit.

Example

Buy an Old House for Sale

65 m2 for sale for 25,000€

Renovate it with Samos Housing

Spend about 75,000€ (including taxes, contracts, Real Estate Fees etc)

Starting Price of Fully Renovated House 130,000€

Spent 100,000€ - PROFIT 30,000€ IN A DURATION OF 5 MONTHS

A Samos Investment on either remodelling, restoring an existing house or building a new one, can work both ways: as an amazing holiday destination with great reselling capabilities

Procedure for Renovations

1. Plans

Surveying Plan of the property (topography)

Initial 3D Architectural planning from Samos Housing

2. Materials

Agreement upon material used on floors, bathrooms, kitchen, windows and doors

You have a variety of choices on materials, we would give you scenarios to choose having in mind the best possible outcome at the right price

3. Renovation

Building and Works phase.

4. Renovation Project Duration

For a 80-100 m2 old house the renovation duration is about 120 days, depending of the extend and the prior condition of the property.

In addition if you buy an old house like that, most of the time is wise to renovate rather than demolish and do a new construction.

That is because in most cases the plots with the old house HAVE A FOOTPRINT more than 60% of the plot.

If you demolish it, by law you have to go back to 60% footprint of the plot maximum thus making your new house much smaller and most probably completely non functional.

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