If you own an apartment in Marbella, Benahavís or Estepona and are thinking of selling it, you have probably considered what renovations could help you get a better price. The good news is that, unlike a villa, an apartment can be greatly enhanced with relatively simple and well-targeted changes.
Marbella, as the epicentre of luxury on the Costa del Sol, attracts a demanding buyer profile, who is looking for properties that are ready to move into, with good design, functionality and that modern touch that conveys exclusivity. Therefore, renovating an apartment before selling it can make a huge difference both in terms of the time it takes to sell and the final price.
Below, I present the 5 most effective renovations to increase the value of an apartment in Marbella and those that are best avoided if you do not want to lose money unnecessarily.
Renovations that do increase the value of an apartment in Marbella
The kitchen is one of the areas that ages the most in an apartment. Opening it up to the living room and renovating its materials can completely transform the feel of the home. In our experience, it is one of the most profitable renovations in terms of buyer perception.
What works best:
Why it adds value: Visually, it creates a sense of space and modernity, two key factors in the luxury apartment market on the Costa del Sol. In addition, an open-plan kitchen allows for better interaction between spaces and encourages social and family life.
An old bathroom can make the whole flat look outdated. Renovating it instantly improves the buyer’s impression and eliminates a possible excuse for negotiating a lower price. Bathrooms, along with kitchens, are the critical points that most influence the purchase decision.
Details that make a difference:
Added benefit: Aesthetic and functional improvements that convey a well-maintained, modern home that is ready to move into.
The terrace is one of the most valued spaces in Marbella apartments. Even if it is not particularly large, it can become the buyer’s favourite spot if it is well maintained, stylish and designed for everyday use.
Recommended renovations:
Why it’s key: The terrace represents the Mediterranean lifestyle that many buyers are looking for. A beautiful terrace can tip the balance in a purchasing decision.
Natural light has a direct impact on the perception of space. Replacing old windows with more modern models not only improves the aesthetics, but also the thermal and acoustic comfort of the flat, a detail that is highly valued by international buyers.
Key benefits:
Result: A more spacious, modern, quiet and efficient home. All of which adds to the perceived value.
In flats, where every square metre counts, smart renovations can make a big difference. Beyond a simple facelift, there are two actions that can multiply the value if the property allows it:
Take advantage of the kitchen space to gain a bedroom: If the layout allows it, moving the kitchen to the living room using an open-plan design can free up enough space to incorporate an additional bedroom. This modification significantly increases the value of the flat, as it increases the number of rooms without expanding the built area.
Partially or completely enclose the terrace with glass curtains: Provided that the homeowners’ association regulations allow it, enclosing the terrace with a glass curtain system creates a versatile space that can function as an outdoor dining room, reading area or even an office. The brightness is maintained and useful space is gained throughout the year, without giving up the traditional use of an open terrace when desired.
Why it works: These renovations not only improve comfort, but also increase the functionality and perceived value of the flat. Adapting spaces to new ways of living (teleworking, indoor-outdoor living) is a major competitive advantage in today’s market.
Not all renovations are good ideas if you want to sell. Some may even reduce buyer interest or be seen as an unnecessary expense.
Highly personal or garish decorative styles
Intense colours, striking wallpapers or very specific solutions can limit the appeal of the flat. It is better to opt for neutral and timeless finishes that will appeal to as many buyers as possible.
Structural changes without any useful gain
Knocking down walls or reconfiguring spaces without a clear benefit (more light, better circulation or greater functionality) is usually an unnecessary expense. In flats, where every metre counts, you need to think carefully before changing the layout.
Incomplete or partial renovations
Updating only the kitchen and leaving the old bathrooms gives the impression of a job half done. It is better to carry out a more balanced renovation that creates a consistent impression.
Jacuzzis or spas that increase the price without convincing
Although it sounds luxurious, installing a jacuzzi on a small terrace can be counterproductive: it takes up space, requires maintenance and not all buyers see it as added value.
Built-in furniture that reduces the perception of space
In flats, especially those with limited space, visual spaciousness is key. Bulky built-in furniture, although practical, can make the space seem smaller than it is.
Buyers of flats in Marbella, Benahavís or Estepona value spaces that are ready to move into, with modern design, good natural light and a well-maintained terrace. They are not looking for renovation projects or homes with overly personalised features.
If you are thinking of selling, focus your efforts on improving what really makes a difference: kitchen, bathrooms, terrace, light and aesthetic finishes. Avoid investments that do not translate into value or that reduce the target audience for your property.
And remember: any renovation must be accompanied by appropriate decoration. A careful presentation, with neutral furniture, good lighting and well-chosen details can further enhance the impact of the improvements made.
Would you like to know how much you could increase the value of your flat in Marbella? Contact Benarroch Real Estate and we will help you with no obligation. We will advise you with our market knowledge, real experience and a network of qualified buyers.
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