All at once or in phases?

All at once is cheaper: less travel, trade synergies, single permit. Phased only makes sense if you have to live there.

Is renovating for holiday rental worth it?

Yes: in Adeje, Los Cristianos or Las Américas a mid-range renovation pays off in 3-5 years with rental yield.

No structural or layout change: declaración responsable. With changes: licencia de obra menor or mayor depending on scope.

5 min read · 2026-05-14

Price per m² for basic, mid and high quality. Timelines and common mistakes.

Basic renovation: €500-700/m². Paint, laminate, budget sanitaryware, original layout. For entry-level holiday rental.

Mid renovation: €800-1,000/m². Porcelain tiles, new bathroom and kitchen, fully renewed services. The most balanced choice.

High-end renovation: €1,200-1,500/m². Premium materials, redistribution, smart home, custom joinery. For living or luxury rental.

Basic: €35,000-49,000. Mid: €56,000-70,000. High-end: €84,000-105,000. Add IGIC (7%) and, for major works, architect fees.

Basic 70 m² renovation: 4-6 weeks. Mid: 6-9 weeks. High-end: 10-14 weeks. If the flat is empty and materials are chosen, timelines hit the minimum.