Apartment Renovation in Le Havre: For a Profitable Rental Investment

renovation appartement le havre

Apartment renovation in Le Havre is an opportunity to seek out the small details that will allow your residence to create a wow factor and stand out from the rest. Whether it's an exposed brick wall, tailored lighting, a modern bathroom, kitchen, or living room, there are several renovations to consider that can make all the difference.

Le Havre is the most populous city in the Seine-Maritime department, located in the Normandy region. It is home to many apartments with an old-world charm that attracts numerous investors. Investing in this type of property in this locality offers the potential for significant long-term profitability. Are you also considering an investment project for renovating a property in Le Havre? Then, continue reading.

rénovation appartement Le Havre

What are the benefits of renovating an apartment in Le Havre ?

In the real estate sector, renovation work typically involves changing some or all elements of a property. Acquiring an older property in Le Havre offers a good compromise if you desire a personalized apartment.

A Lower Purchase Price

First and foremost, the biggest advantage when deciding to invest in a renovation project for an apartment is the price. Such properties are typically less expensive to purchase compared to new or already renovated ones of the same size. The price per square meter is lower and still negotiable. On average, you can save up to 20%. Buying an older house or apartment is thus an appealing option if you have a tight budget. Furthermore, the cost associated with a renovation project remains quite affordable. It's always possible to reduce the amount depending on the interior design and construction needed.

Personalization According to Your Desires

Renovating an apartment provides an opportunity for the owner to customize a home according to their preferences. You can take advantage of the renovation process to create a property tailored to your taste, both in its structure and its decorative elements. It's also an excellent idea to modernize each room of your apartment (bedroom, living room, kitchen, bathroom, terrace, etc.). This gives you the chance to enhance and beautify your property.

Moreover, renovation opens up possibilities for new ideas, such as installing new furniture, applying fresh paint, laying down new flooring, plasterwork and tiling, or even expanding a room. Furthermore, to create an interior that reflects your personality, don't hesitate to enlist the services of renovation professionals. Each artisan you hire will provide you with a detailed quote based on the activities you wish to carry out.

Faster Rental Process

Buying a property to renovate, especially in Le Havre, allows you to adapt it to your style and to the tastes of many potential tenants. This makes finding renters a breeze. Moreover, new construction projects always require some patience. With an older property, a tenant can simply call the owner's phone number, as the apartment can be inhabited immediately.

Increased Resale Value

Did you know that houses and apartments in need of renovation are the best candidates for capital gains? Once renovation works are completed, the value of the property increases, leading to a higher selling price. According to experts in Le Havre, older houses classified as A and B in the Energy Performance Certificate (EPC) are sold for 6 to 12% more than houses classified as D. However, the increase in value depends on the cost of the renovations, the location of your apartment in Seine-Maritime, and the real estate market situation in Le Havre.

How much does an apartment renovation in Le Havre cost ? 

The cost of renovating an apartment in Le Havre can vary considerably depending on several factors, including :

  • The scope of the work: simple refresh, complete renovation, or major transformation ?
  • – The type of work: electrical, plumbing, painting, flooring, kitchen, bathroom, etc.
  • – The size of the apartment to be renovated: larger apartments entail higher costs.
  • – The desired level of finishing: standard, medium, or high-end budget.
  • – The geographical location: prices may vary depending on the neighborhoods in Le Havre.

Here is a summary table of the average costs of apartment renovation in Le Havre, depending on the extent of the work:

Type of Work 

Average Cost per m²

Refresh (painting, flooring, etc.) 

800 € – 1 200 €

Complete renovation (electrical, plumbing, etc.)

1 500 € – 2 500 €

Major transformation (extension, creation of rooms, etc.) 

2 500 € – 4 000 €

Here are some examples of prices for specific works:

  • Kitchen : €300 - €1,000 per m²
  • Bathroom : €550 - €1,500 per m²
  • Window replacement : €1,000 - €2,000 per window
  • Electrical standards compliance : €1,500 - €2,500

Remember that the cost of apartment renovation is a significant investment. It is essential to plan your project carefully and compare prices before starting.

rénovation appartement Le Havre

What renovation works are possible in Le Havre ?

Initially, renovation works, also known as refurbishment, involve rejuvenating one or several rooms of a dwelling or the entire building. This operation can be considered in various scenarios, as follows.

Refreshment Works

The most economical and straightforward to execute, refreshment works aim to breathe new life into certain elements of the habitat to modernize occupants' living spaces. It's a type of light renovation that aims to revitalize your interior, especially concerning the ceiling, walls, and floor. Concretely, refreshment works may involve :

  • – Floor sanding and varnishing,
  • – Repainting walls and ceilings,
  • – Tiling and wallpapering,
  • – Parquet flooring refurbishment,
  • – Rearranging furniture,
  • – Installing new decorative elements (plants, photo frames, chandeliers).

It's crucial not to overlook repainting in these works. A worn or peeling paint always leaves a bad impression on buyers or tenants. Moreover, the selling price of the building tends to decrease when the walls are not in good condition. Therefore, consider renewing your home's paint, opting for neutral and bright colors like white, light green, pink, or sky blue.

While most of these refreshing works can be done on your own, it is always advisable to enlist the services of an experienced artisan for this task. This ensures that you get an arrangement that meets your expectations.

Complete Renovation

The complete renovation of a room is a large-scale project that requires careful consideration. It involves the entire part of the dwelling but does not touch the building's load-bearing structure. This project is also among the services offered by a specialized renovation company. Several artisans are involved in this endeavor.

To avoid budgeting mistakes, you can make a list of the tasks to be carried out with the contractor or artisan in question. This may include:

  • – Kitchen remodeling: painting, wall and floor covering, installation of furniture and appliances, changing countertops, tiling, plumbing overhaul;
  • – Bathroom refurbishment: painting and plastering, creation of a walk-in shower; plumbing and electrical work, installation of new sanitary elements (tiling, toilet, sink, cabinets, etc.);
  • – Attic renovation: replacement of the frame and flooring, roof insulation;
  • – Facade renovation: cleaning and painting of exterior walls, modification of the cladding, installation of a new finish;
  • – Bringing electrical systems up to code and rehabilitating plumbing.

Here, floor renovation remains essential. Depending on the condition of your flooring, you may decide to either change it radically or simply give it a second life. You have a wide range of options, including wooden parquet, PVC flooring, tiling, or polished concrete. 

Likewise, expanding the living space of the house or apartment falls under this category of complete renovation. For such works, you can consider attic conversion, garage conversion, cellar conversion, or creating a horizontal or vertical extension. Note that extensions are subject to prior authorization.

Heavy Renovation

As for heavy renovation, it is carried out when the house or apartment has significant damage, making it uninhabitable. It includes works that affect the building's load-bearing structure, such as foundation repairs, removing a load-bearing wall, replacing the roof, or redoing a floor.

It's worth noting that in the context of a renovation, several trades may be involved, depending on the scope of the project, the current state of the property, and the owner's preferences. Obviously, the artisans often involved include masons, plumbers, electricians, interior decorators, carpenters, painters, and interior architects. Furthermore, if the project requires more than three different trades, it's better to enlist a contractor or a project manager.

Energy renovation

Apart from works related to the building's visual appearance, there is also energy renovation, which offers many advantages for the apartment or house in question. It aims to improve and strengthen the habitat's energy efficiency. Thus, not only do you reduce your electricity and heating bills, but you also achieve better comfort. You enhance your property by bringing it up to the latest energy standards (RT 2012). Tenants can bid farewell to thermal losses, drafts, or the sensation of cold on walls and floors.

This project encompasses all types of work aimed at improving the energy performance of the home. It includes 5 main tasks :

  • – Insulation of walls, ceilings, and attics,
  • – Replacement of exterior joinery,
  • – Replacement of the heating system,
  • – Overhaul of the ventilation system,
  • – Installation of energy-producing appliances: condensing gas boiler, wood stove, air conditioner, solar water heater, etc.

To ensure optimal energy renovation, other work must be carried out. Accounting for 15% of energy loss, window insulation should not be overlooked as it provides better comfort. Floors are also a source of energy loss, so their insulation is essential to reduce heating costs and improve underfoot comfort. Clearly, insulation is a major aspect of renovation work in Le Havre. Done properly, it guarantees thermal comfort in both summer and winter and a greener living environment. 

rénovation appartement Le Havre

What are the renovation grants provided by the government ?

Are you planning to renovate your home in Le Havre? With a range of grants, subsidies, and loans, you can reduce the cost of your renovations. In order to encourage homeowners to improve the quality of their housing, the French government has implemented these aids.

Eco-friendly Zero-Interest Loan

Valid until December 31, 2023, the eco-friendly zero-interest loan (eco-PTZ) is available to all homeowners whose properties have been completed for more than 2 years. It covers all energy renovation work, ranging from 15,000 euros to 50,000 euros, repayable over 20 years without interest. Within the ceiling limits, the eco-PTZ can finance roof thermal insulation, wall insulation, window insulation, heating installation or replacement, etc. 

Energy Efficiency Grants

In this city in the Seine-Maritime region, it is possible to obtain an energy grant from companies or organizations for energy improvement work, such as installing more efficient heating or improving insulation. The grant does not require any income conditions. Regarding the amount, it depends on the type of work to be carried out, the geographical area, and the characteristics of the installation.

Local Grants

As part of energy renovation work, the ANAH (National Housing Agency) can provide financial assistance, especially if you are considering investing in the Seine-Maritime department. It offers attractive subsidies, subject to income conditions, up to 25,000 euros excluding taxes. The "Habiter Mieux" program covers up to 50% of the total work amount, subject to improvement in energy performance and household income. Be sure to inquire.

Why hire a Le Havre apartment renovation company ?

When renovating your apartment in Le Havre, you will benefit from personalized support from a specialized company. These professionals are responsible for ensuring the success of your project.

A Single and Reliable Point of Contact

First and foremost, in the real estate sector, a professional in apartment renovation is tasked with guiding you, as the homeowner, through every stage of your project. The building contractor takes care of your entire project, from feasibility study to delivery, including the selection of artisans. They are your best ally and sole point of contact in case of any issues. Providing expert advice and guidance, they ensure you make the best possible choices. Attentive to your needs, professionals in Le Havre possess the essential skills for renovations that comply with current standards.

Impeccable Quality of Work

The great advantage of using the services of these building artisans is that they ensure a professional and quality result. Indeed, a specialized renovation company knows what measures to take to avoid collateral damage or worsening the condition of the property. Thus, your works will suffer no shortcomings. 

In addition to the quality of work, you can also discuss with the construction company or each participating artisan about the duration of the work. This will streamline coordination with the artisans. On average, small repairs and painting work take a few days. Whereas a complete renovation will take a few weeks and several months for heavier work. You will receive your house or apartment in Le Havre within the best possible timeframe and with superior quality.

rénovation appartement Le Havre

Apartment Renovation in Le Havre: What Services Does Reno Offer ? 

Our architectural firm caters to all your apartment renovation needs in Le Havre. Our service goes beyond just providing assistance and quotes for apartment renovation. We have architects and interior designers who will go the extra mile to breathe new life into your rental property.

Reno is a renovation company based in Paris. We have a team of architects and interior designers handling various projects across France. Whether you reside in Paris, Bordeaux, Toulouse, Lyon, or any other region, feel free to avail yourself of our renovation services. From house renovations to apartment refurbishments, structural alterations, and interior decoration, we offer a wide range of services. 

Our team is dedicated to making your project a success. So, don't hesitate to entrust us with your apartment renovation project in Le Havre or any other city in France. Get in touch to explore the services tailored to your needs in detail !

Is Renovating an Apartment in Le Havre a Good Idea ?

Yes, renovating an apartment in this beautiful city in Seine-Maritime is indeed a lucrative real estate investment. The benefits of purchasing a property with renovation work are manifold, including the joy of customizing your living space, obtaining an attractive purchase price, and leveraging government subsidies. By bringing the property's thermal insulation up to current standards, energy expenses are significantly reduced. When it comes to renovation costs, take the time to assess the property's condition thoroughly. This will help determine the scope of work required, whether it's a simple refresh, complete renovation, or major overhaul. 

Managing renovation works involves more coordination than meets the eye, including coordinating various trades, selecting materials, and managing schedules. To streamline the process and ensure the success of your project in Le Havre, it is highly recommended to contact specialized building renovation companies. They are here to support you and will provide you with a free quote before proceeding to contract signing.

Convinced of the benefits of purchasing a property to renovate in Le Havre? Then, don't hesitate to get the contact details of a renovation professional and reach out. With their real estate expertise, they will guide and advise you down to the smallest detail. Remember to compare quotes, considering the qualifications of the artisans and the financial stability of the company.

 

Mathieu Amara

Mathieu Amara

Graduated in political science, I have always been passionate about renovation and construction work.

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