Renovations – Invest on a Samos property
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
Traditional houses cannot be demolished by law but the can be 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. The selling price of your newly renovated house can make you a respectable profit.
- Old traditional house (62 m2) on sale for 25.000€,
- Spend 70.000€ for renovation
- Spend 10.000€ max for all kinds of expenses (including taxes, contracts, lawyer)
- Estimated Renovation Time: 5 months
Total Amount Spend 105.000€
Starting Price on Sale 135.000€
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
Surveying Plan of the property (topography)
Initial 3D Architectural planning from Samos Housing
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
Building and Works phase.
4. Renovation Project Duration
For a 80-100 m2 old house the renovation duration is about 100 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 and that is because in most cases the plots with the old house cover way more than 60% of the plot and if you demolish it you have to cover 60% of the plot maximum thus making your new house smaller or completely non factional.