Renovation of buildings and condominiums: how to modernize your building without complications

Why renovate an old building?

Old buildings tend to have a special charm, associated with memories, a privileged location and a family atmosphere. Many residents are reluctant to move house, even when the building begins to show signs of aging. However, like any property, over time, these buildings require improvements to remain safe, functional, and aesthetically appealing.

The renovation not only extends the lifespan of the building, but also improves its energy efficiency, modernizes common areas, and makes the environment more comfortable for all residents.

In Portugal, especially in cities like Lisbon and Setúbal, renovating condominiums is a common practice. Normally, the renovation decision is taken at a condominium meeting, where the necessary interventions are discussed and the execution plan approved. The works can range from simple painting of the façade to more profound renovations, such as the replacement of the roof, modernization of common areas, improvements in access and structural reinforcement.

How does the renovation of a condominium work?

At first glance, renovating a building may seem like a complex task, but with good planning, everything happens in an organized manner and without major inconvenience.

Process steps:

1. Identifying building needs
   • Visible problems: degraded facades, infiltrations, worn staircases.
   • Structural problems: old electrical systems, inefficient thermal insulation.
2. Discussion of the budget and forms of financing
   • Use of the condominium reserve fund.
   • Costs shared between owners.

What are the most common interventions when renovating buildings?

The renovation of a condominium may involve various types of works, depending on the state of the building and the residents' priorities. Some of the most common improvements include:

• Painting and restoration of the façade — improves aesthetics and protects against moisture and wear.
• Cover repair or replacement — prevents infiltration and protects the structure.
• Thermal insulation with hood — reduces heating and air conditioning costs.
• Modernization of entrances and staircases — modern lighting and coatings make all the difference.
• Replacing windows and doors — improves thermal and acoustic insulation.
• Security systems upgrade — surveillance cameras, automatic gates, advanced intercoms.
• Renewal of electrical and hydraulic infrastructures — prevents failures and reduces energy and water consumption.

How to finance the renovation of the building?

Financing building renovation is one of residents' biggest concerns.

Financing options:

• Condominium reserve fund — if available, it's the first option.
• Cost sharing between owners — proportional to each owner's fraction.
• Bank credit for construction projects — reduced interest rates and flexible terms.
• Government support — subsidies for thermal insulation, window replacement, structural improvements.

Ideally, financial planning should be done from the start, avoiding unpleasant surprises.

What to expect during the renewal process?

The renovation of a building takes place in several phases:

1. Building diagnosis — identification of areas that require intervention.
2. Definition of the budget and choice of the company - analysis of the proposals.
3. Preparation of residents — communication about possible disorders.
4. Execution of the works — it can last weeks or months, with periodic inspections.
5. Final review — verification of quality and compliance with safety regulations.

Upon completion, residents can take advantage of the improvements, knowing that the investment brought more comfort, security and value to the property.

Renovating your building is an investment in the future

If your building is already showing signs of wear and tear, renovation can bring significant benefits, increasing residents' quality of life and valuing properties.

In Sintra, Loures and other regions of Portugal, more and more condominiums are investing in the modernization of their buildings.

🔹 If your building needs renovation, Casa Nova can help! We are specialists in building rehabilitation and offer complete solutions for the modernization of your condominium.

📞 Get in touch with us and discover how we can transform your space without complications!