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Renovating an apartment for rent: what do you need to know?

May 02, 2024

First and foremost, rental housing should be convenient, comfortable, and good-looking. You can’t do without renovation before renting an apartment. RIEL experts give some good advice on what work to do to quickly find a tenant and not overpay for the preparation for rent.

When you need a cheap renovation of a room (apartment), you should first of all think about who will rent it. Tourists need one thing, mothers with children need another. Depending on this, you should plan the arrangement (improvement).

In general, apartments are arranged in a minimalist way. You can get away with just painting. If you expect to have a child, it is better to think about choosing wallpaper that can be washed. The same applies if you, as the owner, allow pets. Walls, floors, and furniture should be protected.

Of course, you can’t do without furniture and appliances. Make sure you have a working stove, electric kettle, washing machine, and refrigerator. Put a table, a few chairs, and a small buffet in the kitchen.

Note that the pipes and wiring should be replaced. It is most convenient to design zoning lighting in the kitchen: this way, future tenants will like it more. It is better to make a separate lamp near the cooking area.

What you need to know before making a cheap room renovation

Before you renovate a room, think about how to simplify the process as much as possible. For example, you don’t need to use screeds when leveling the walls. The specialists can do a light leveling of the walls at your request, only the corners of the room, and then they will be ready for wallpapering.

What about the floor? In expensive repairs, dry and wet cement screed is used. In a budget option, it is best to use self-leveling mixtures. You can lay linoleum or laminate on top.

The final touch will be replacing the windows with plastic ones. Even for a cheap room renovation, you should not dismiss this point, because the apartment should be warm. It’s especially important to take care of the windows if the housing belongs to the old stock.

Balcony repairs are usually planned in the more expensive segment. You can simply remove the old frames and leave the balcony unglazed.

Basic rules for renovating an apartment for rent

Much depends on whether you managed to buy an apartment in a new building or whether you will be renting out an old dwelling. If the condition of the communications is unsatisfactory, you will have to replace them.

Small design life hacks:

  1. Renovating an apartment for rent should be done with people with different tastes in mind. Using neutral colors and practical materials will greatly simplify the process.
  2. More attention should be paid to wall decoration and furniture comfort in the bedroom and living room than in the kitchen. A sofa, a wardrobe, and a bed will be enough. This is the minimum set that will make the tenants feel calm and cozy. It is much harder to rent an unfurnished apartment, and you can’t expect a high price.
  3. A new shower is a budget option for replacing a bathtub. You can choose neutral, inexpensive bathroom tiles. And do not skimp on utilites and plumbing: problems with flooding your neighbors will definitely not please you. Plastic pipes do not leak and serve for decades.
  4. In an apartment for daily rent, expensive repairs are more appropriate: aesthetics are important to customers. But such work will take a long time to complete.

These are the key points that all tenants pay attention to. It is worth noting that when a tenant changes, it is usually necessary to make cosmetic repairs. Renting an apartment that has been renovated at least at the basic level increases in price by 20-25%. Of course, the location of the house, the floor, and the transportation in your neighborhood matter. Sometimes it is profitable to buy an apartment in a new building specifically for rent by selling your old dwelling and investing certain money.

Cheap apartment renovation: what to look for

Pay attention not only to the quality of the materials but also to the qualifications of the specialists. It is better if the work is done by a specialized company. Sign a contract and carefully check the quality of the finished work.

However, much depends on both the owner and the tenant:

  • Any floor covering does not like abrasive substances: solid particles of debris such as sand or small pebbles. Provide your tenants with a vacuum cleaner.
  • Take care to protect the floor covering from furniture legs: you can buy special covers or pads for this purpose.
  • Let know your tenants beforehand that they should not wear heels in the apartment. If the tenants have a child, tell the parents that they are not allowed to ride a bicycle around the apartment. Check the condition of the apartment periodically. You can easily deduct money for damaged property.
  • As for the walls, it is better to paint them, having previously leveled them a little. Otherwise, you will have to change the wallpaper every 2-3 years. They quickly move away from the walls, in particular at the joints of the canvases, and begin to fade. If you have a little more money, you can choose decorative plaster.
Finding perfect apartment for rent

Where can I find the best apartment for rent? On https://riel.ua/ you will find housing that will be attractive, comfortable and cozy for tenants. Even in 2022-2023, the construction sites of this developer continued to work. Therefore, new modern housing was not long in coming.

These apartments are built using the cutting-end technologies and materials. Any tenant will feel comfortable in such an apartment, and it does not matter whether it is a person without a couple/family, a mother with a child, or an elderly person.

The developer satisfies the basic needs for amenities, comfort, warmth and safety. These are the things that come first now. The best cities to live in Ukraine are well-protected Kyiv and Lviv, which is far from the front line.

The apartment rental business, given the movement of Ukrainians in this difficult time, can be profitable and successful. Of course, if you put a little effort into making it so. It doesn’t take much time. To choose an apartment, you can talk to a housing consultant.

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