Have you found your dream property in Valence and need to renovate it to make it sparkle? Does your apartment need a facelift and you don't know how much it will cost? You've come to the right place.
Renovating a property in Spain is a demanding but rewarding project: greater everyday comfort, better use of space, higher rental returns, and an asset that increases in value over time. The perfect combination.
So, "how much does a complete renovation cost in Valencia?" The answer can be found in this article, written by the experts at Terreta Spain.
To find out everything you need to know about renovating in Spain, read our article: "Renovating your property in Spain: the complete guide."
| In short – In a hurry but want to understand? For an 80 m² apartment, a standard complete renovation costs on average €40,000 to €48,000, and up to €100,000 for a high-end project. The main items to budget for are: demolition, partitions, floors, kitchen (€3,000–9,000), bathroom (€1,500–5,000), electricity (€3,200–3,800 for 100 m²) and painting (€1,300–1,600 for 100 m²). In Valencia, renovation costs are generally 15–20% lower than in Madrid and up to 25–30% lower than in Barcelona, while offering a solid rental market and a real quality of life. A well-executed complete renovation can increase the value of your property by 15 to 25%, especially if you focus on energy efficiency. Don't forget the additional costs: building permits, ICIO tax, 10% VAT, and a 10–20% safety margin for unforeseen expenses, which can be partially offset by financial assistance (subsidies, IBI bonuses, Next Generation EU funds). |
Why choose a property to renovate in Valencia?
With prices rising by around 15% in a year in Valencia, the capital of the Valencian Community, buying a property to renovate is becoming a particularly attractive strategy. These homes are sold below market value, but once renovated, they rival the most modern and sought-after properties, which rent and resell at higher prices.
Still unsure? Here are the main advantages of a complete renovation, point by point:
- Renovating means adapting the home to your needs or those of future occupants.
- It means improving the energy performance of a home. In 2026, that's a compelling argument.
- When you invest in major renovations, you can also charge higher rents.
- Finally, it increases the resale value of the property and therefore your assets. You can expect a price increase of around 15 to 25% once the work is complete. It's magical.
Even with the significant increase of nearly 30% in the cost of renovation work in Spain and much of Europe since Covid and the war in Ukraine, the equation remains attractive for homeowners.
Another option is to carry out a complete renovation, then sell at the right time to capture a significant capital gain thanks to a modernized property that is better classified and more attractive on the market.
If you are looking for real estate in Valencia, contact your Terreta expert.
And to find out where to buy, read our comprehensive guide: "Valencia capital, the cheapest neighborhoods to invest in."
What is the average price of a complete renovation in Valencia?
Factors to consider in the cost of a renovation in Valencia
It's obvious, but the exact price of a renovation depends on multiple factors, such as:
- The size of the property plays a key role: the larger the property, the higher the overall budget, even if the price per square foot may decrease slightly for very large properties due to economies of scale.
- Next comes the scope and complexity of the work: simple refurbishment or demolition of partitions, complete replacement of floors, upgrading of electrical and plumbing systems to current standards, insulation, etc. The more technical and structural the project, the higher the bill.
- The quality of materials also matters: solid wood flooring, natural stone, or high-end finishes cost more, but they increase the perceived value (and resale value) of your property.
- Location influences price through labor costs and competition between companies: in Valencia, rates are generally more affordable than in Madrid or Barcelona.
- Finally, your negotiating skills (comparative quotes, flexible scheduling, compromises on finishes) can affect the final budget by several thousand euros.
Construction work in Valence: average price per square meter
Nationwide, the work costs an average of €550 per square meter ( Habitissimo). In Valencia in 2026, the cost ranges from €500 to €1,250 according tothe Chronoshare marketplace (in the case of a high-end renovation, including home automation, for example).
Generally speaking,a standard-quality total renovation of an 80 m² apartment in Valence costs between €40,000 and €48,000. Premium renovations can cost up to €100,000.
Let's list the most significant expenditure items in your future quote:
- For the demolition phase, expect to pay around €15/m². This rate varies depending on the material that needs to be broken up.
- Once the demolition phase is complete, reconstruction is necessary.
- Building a plasterboard or drywall partition will cost you between €15 and €40 per square meter.
- For laying parquet flooring, expect to pay between €25 and €45 per square meter. It will obviously be cheaper to lay synthetic flooring than natural wood.
- The installation of false ceilings costs between €25 and €50 per square meter.
- For a bathroom renovation in Valence, you can expect to pay between €1,500 and €5,000 for a complete renovation (laying new tiles, replacing sanitary equipment, installing a modern plumbing system).
- The kitchen is one of the most expensive rooms to renovate, and it is important to factor this into your budget. The final cost depends mainly on the equipment you choose (furniture, appliances), the size of the room, and the level of finish you want. A kitchen designed at Ikea or with flat-pack furniture will generally be less expensive than a custom project from a specialist kitchen designer.As a guide, you should expect to pay between €3,000 and €9,000 for a standard complete renovation, and more if you opt for high-end materials or equipment. The range is wide because the possible combinations in terms of style, quality, and layout are almost endless.
- A major renovation almost always involves upgrading the electrical system: a new electrical panel, repositioning light fixtures, adding outlets, and sometimes installing home automation systems. For an apartment of around 100 m² in Valencia, the budget is generally around €3,200 to €3,800, bearing in mind that a qualified electrician charges an average of €16 to €23 per hour in the Valencian Community.
- When it comes to painting, prices range from just over €1/m² to around €40/m² depending on the type of product (standard white paint, moisture-resistant paint, decorative finishes, textured effects, etc.). For a 100 m² home in Valence, you should budget between €1,300 and €1,600 to repaint the entire interior.
Renovation in Valence: the budget grid
To help you start planning, our experts have put together a comprehensive estimate of the budget for renovations in Valencia. It is based on standard projects.
Renovation prices in Valencia
| Surface | Complete renovation |
| 80 square meters | $40,000–$48,000 |
| 100 square meters | $50,000–$60,000 |
| 120 square meters | $60,000–$72,000 |
These amounts include the main stages of a complete renovation in Valencia: demolition of floors and walls, reconstruction of partitions, installation of new flooring, painting, plumbing, and electrical work.
Partial or complete renovation: what impact on the value of your property
It is tempting to consider a partial renovation, but its impact on the value of your property will inevitably be less: +5 to 10%, compared to +15 to 25% increase in value for a complete renovation.
What impact will your work have on the value of your property in Valencia?
| Type of renovation | Increase in value |
| Partial renovation (kitchen or bathroom) | +5 to 10% |
| Standard complete renovation | +15 to 20% |
| High-end renovation with home automation | +20 to 25% |
| Energy renovation (insulation, solar panels) | +10 to 15% |
Opting for a complete renovation is more profitable
Gaetano Grana and his team of renovation experts emphasize this point: if you undertake a renovation, there is no point in doing it "bit by bit" unless your budget does not allow for any deviations. A single project, even if it is more complex, is often more economical in the long run than multiple small renovations.
By entrusting all of your work to a single company, you can negotiate a price adjustment for all services. Logical.
Terreta Spain is your trusted partner for all your projects in Spain. Contact our experts for further assistance; they will guide you in French, English, and Spanish, of course, regardless of the scale of your project.
Note before starting: allow between 3 and 6 months for a renovation.
Additional costs associated with renovation in Valencia
In Valencia, as elsewhere, labor and material costs are not the only things to budget for. To get a clear idea of the total cost, don't forget:
- Building permits : to renovate in Valencia, you must apply for a permit from the Ayuntamiento (city council). Depending on the type of license (minor works, complete renovation, structural modification, etc.), you can generally expect to pay between €150 and €1,000, or approximately 3 to 3.5% of the cost of the works.
- Occupation of public roads: if you place a dumpster in front of the building to remove rubble, allow for a flat fee of approximately €5 per day in your budget.
- Municipal ICIO tax: the tax on construction, installations, and works represents in practice 0.5 to 4% of the cost of the works, depending on the municipality and the type of project.
- VAT (IVA): for renovation work in residential accommodation that complies with legal requirements, the reduced rate applicable is normally 10% instead of 21%.
- Safety margin: set aside 10 to 20% of the overall budget to cover unforeseen expenses (additional costs, non-compliance, adjustments imposed by the local authorities, estimation errors, etc.).
This approach prevents unpleasant surprises and gives you a realistic view of the total cost of your renovation in Valencia.
Financial aid and subsidies in Valencia
Good news: Valencia offers several schemes to help reduce the cost of your renovation.
Aid from the Generalitat Valenciana:
- Subsidy of up to 40% for energy-efficient renovations (max. $3,000 per dwelling).
- Renhata program: up to 50% assistance for improving energy efficiency in condominiums.
- Reduction of the IBI (property tax) by up to 25% for 5 years for energy efficiency improvements.
Municipal assistance in Valencia:
- Up to 95% rebate on construction tax (ICIO) for renovations that meet sustainability criteria.
- Tax deduction of up to 60% for energy-efficient renovations in certain cases (max. €5,000 tax deduction/year on your income tax return).
- Specific program for the rehabilitation of historic neighborhoods (El Carmen, Ruzafa, etc.).
Next Generation EU funds:
- Significant funding for energy-efficient building renovations.
- Accessible via the Generalitat's maps.
- Priority will be given to projects that reduce consumption by at least 30%.
Terreta's advice: These subsidies can be combined. In the best-case scenario, a savvy investor can recover up to 40-50% of the cost of their energy renovation.
Practical tips for optimizing your budget
1. Prioritize local materials
Valencia and its surrounding region produce excellent materials:
- Valencian ceramics: cheaper than in Madrid, exceptional quality
- Mediterranean wood: local species, reduced transport
- Local stone: guaranteed authenticity, controlled costs
2. Negotiate smartly
- Request at least three detailed and comparable quotes.
- Negotiate package deals rather than separate services.
- Choose craftsmen recommended by Terreta Spain: a trusted network with negotiated rates.
- Plan ahead: book your tradespeople 2-3 months in advance, and you will have more room for negotiation.
3. Allow for a margin of safety
Even with the best planning:
- Unforeseen budget of 10-15% of the total: surprises during the work (hidden structural problems, additional standards, etc.)
- Deadlines: add 20-30% to the announced timing
- In Valencia, administrative delays can be lengthy for certain protected neighborhoods.
4. Invest in the right positions
For a rental property or resale:
- Priority: kitchen, bathroom, air conditioning (essential in Valencia)
- Less of a priority: ultra-luxurious finishes in the bedrooms
- Optimal ROI: energy renovation (savings + added value + subsidies)
The steps to a successful renovation in Valencia
Step 1: Assessment and diagnosis (1-2 weeks)
- Tour with architect or project manager
- Structural, electrical, and plumbing diagnostics
- Asbestos detection in older buildings (mandatory before 2002)
- Cost: €500–1,200 depending on surface area
Step 2: Design and quote (3-4 weeks)
- Development of plans with an architect
- Request for detailed quotes (minimum 3 companies)
- Approval of the final budget
- Grant application, if applicable
Step 3: Administrative procedures (2-8 weeks depending on the project)
- Minor works: sworn statement, issued within 48 hours to one week
- Major works: building permit, 1-3 month wait in Valencia
- Condominium authorizations if necessary
- Construction damage insurance recommended
Step 4: Carrying out the work (2-6 months depending on scope)
- Demolition and structural work
- Electrical, plumbing, air conditioning
- Coatings and finishes
- Weekly site monitoring: essential!
Step 5: Acceptance and finishing touches (2-3 weeks)
- Acceptance inspection with list of reservations
- Correction of defects
- Final cleaning
- Obtaining the certificate of completion of work
Step 6: Declaration and rental/sale
- Cadastral update (increased property value)
- New energy certificate
- Updated home insurance
- For rent or sale
Terreta's advice: In Valencia, plan ahead for administrative procedures. Certain historic neighborhoods (Ciutat Vella) have strict heritage restrictions. Our Terreta Spain experts will guide you through every step of the process to avoid any obstacles.
Conclusion: Valencia, the sweet spot for smart renovations
Renovating in Valencia means enjoying unbeatable value for money in Spain. With costs 15-20% lower than in Madrid and Barcelona, an exceptional quality of life, and a dynamic real estate market, the city offers a golden opportunity for investors.
Our verdict at Terreta Spain:
- Average budget for 80 m²: €35,000–45,000 (complete high-quality renovation)
- Attractive ROI: stable rents, strong rental demand (students, young professionals, expatriates)
- Generous financial assistance: up to 40-50% recovery on energy efficiency
- Quality of life: climate, beach, gastronomy, cultural vibrancy
Valencia has it all: affordable prices, a booming market, and a Mediterranean lifestyle. Whether you're renovating to rent, resell, or enjoy yourself, you're making the right choice.
Need help with your renovation project in Valencia? Terreta Spain puts you in touch with the best architects, contractors, and trusted tradespeople. We also handle administrative procedures, grant applications, and site supervision. Let's talk about your project:
Are you looking to renovate in Madrid? Discover our comprehensive guide: "How much does a renovation cost in Madrid?"
FAQ: Your questions about renovation in Valencia
How much does it cost to completely renovate an 80 m² apartment in Valencia?
Between €40,000 and €48,000 for a complete high-quality renovation (kitchen, bathroom, floors, painting, electrical work, plumbing, air conditioning). In general, you can expect to pay €550 per square meter and up to €1,250 for a premium renovation.
Is it cheaper to renovate in Valencia than in Madrid or Barcelona?
Yes, definitely. Renovation costs in Valencia are around 15-20% lower than in Madrid and up to 25-30% lower than in Barcelona. Cheaper labor, abundant local materials (Valencian ceramics), and a less competitive market explain this difference.
What financial assistance is available for renovations in Valencia?
Several cumulative measures: subsidies from the Generalitat Valenciana (up to 40% for energy renovation), IBI reduction of up to 25% for 5 years, ICIO rebate of up to 95%, IRPF tax deduction of up to 60% in certain cases (max. €5,000/year), and Next Generation EU funds. Total potential recovery: 40-50% of the cost.
How long does a complete renovation take in Valencia?
Allow 4 to 6 months for a complete renovation: 1-2 weeks for assessment, 3-4 weeks for design/quotation, 2-8 weeks for administrative procedures (depending on the scope), 2-4 months for construction, and 2-3 weeks for acceptance/finishing touches. For a minor renovation (refurbishment), 6-10 weeks are sufficient.
Do you need a building permit to renovate in Valencia?
It depends. For minor work (painting, flooring, kitchen/bathroom without affecting the structure), a simple declaration of responsibility ("obra menor") is sufficient. For structural work, facade modifications, or surface extensions, a building permit ("obra mayor") is required. Processing time: 48 hours to 1 week for obra menor, 1-3 months for obra mayor.
What are the best neighborhoods to renovate in Valencia?
For rental investment: Ruzafa (bohemian, young, high ROI), El Carmen (historic center, charming), Benimaclet (student neighborhood, high demand), Campanar (quiet, families). For primary residence: L'Eixample (elegant, well-connected), Malvarrosa/Cabanyal (seaside, undergoing renewal). Avoid areas that are too far out of the city center.
Are materials cheaper in Valencia?
Yes to local materials: Valencian ceramics (15-20% cheaper than elsewhere), regional wood and stone. However, imported or high-end foreign materials remain at the national price. Choose local suppliers to optimize your budget and reduce delays.
Can you renovate a condominium property in Valencia without permission?
No. For work affecting common areas, facades, or structures, the agreement of the co-ownership association is mandatory. Even for interior work, always inform the community (schedules, disturbances). Penalties may apply for non-compliance. Check the bylaws: some buildings impose strict aesthetic constraints.
