Ways to maximize the value of my property in Lisbon with minor investments

If you own a rental property in Lisbon, small investments can yield big returns, improving appeal to tenants and increasing rental income.

1. Start With the Basic

Sometimes, the smallest changes have the most significant impact.

• Repainting Walls: Neutral tones like white, beige, or soft gray brighten spaces, making them feel modern and inviting. A clean coat of paint signals a well-maintained property.
• Upgrade Lighting Fixtures: Swap outdated fixtures for energy-efficient LED options. Warm-toned lighting creates a cozy ambiance that tenants appreciate.
• Refinish Flooring: Sanding and sealing hardwood floors or adding stylish, durable vinyl in high-traffic areas can transform your property without breaking the bank.

Tip: If you want to learn more about easy reparations and maintenance, check our article about Most frequent reparations in rental apartments!

2. Add Functional Furnishings and Decor

Tenants in Lisbon, particularly those seeking mid- or long-term rentals, value practicality and aesthetics.

• Functional Furniture: Invest in a comfortable sofa, a sturdy dining set, and a bed with ample storage.
• Smart Storage Solutions: Add shelves, hooks, and wardrobe organizers to help tenants maximize space.
• Stylish Accents: Use affordable rugs, throw pillows, and artwork to give the space a cohesive look without overdecorating.

Furnishing your property well can make it stand out in Lisbon’s competitive rental platforms like Idealista and Imovirtual. To learn how to decorate each room of your property, check our guide: Preparing your home for rental success: a room-by-room guide!

3. Optimize the Kitchen and Bathroom for Tenants

The kitchen and bathroom often determine a tenant’s first impression of a property, so make sure to:

• Replace Fixtures: New faucets, cabinet handles, and shower-heads are small changes that create a polished look.
• Ensure Functionality: Fix leaky taps, unclog drains, and ensure proper ventilation to enhance these key spaces.
• Take care of first impressions: Make sure it looks clean and organized so possible tenants can imagine themselves living in there.

4. Prioritize Regular Maintenance

Ongoing care prevents small issues from becoming major problems.

• Schedule Seasonal Inspections: Check for signs of wear, like plumbing leaks or electrical faults.
• Keep Common Areas Clean: If you manage a multi-unit property, ensure hallways and outdoor spaces remain tidy.
• Fix Damages Immediately: Address issues such as broken tiles, chipped paint, or loose fittings promptly.

5. Improve Outdoor Spaces

Outdoor spaces are a significant selling point for Lisbon properties, especially in urban areas.

• Revitalize Balconies and Patios: Add outdoor furniture, potted plants, or a small herb garden.
• Create Shade: Lisbon’s sunny climate means shading solutions like awnings or pergolas are appreciated.
• Ensure Privacy: Screens or dividers can make outdoor areas more appealing to tenants.

6. Market the Property Effectively

Showcasing your property well can attract high-quality tenants and justify premium rental rates.

• Hire a Professional Photographer: High-quality photos grab attention on rental platforms.
• Highlight Unique Features: Mention views, proximity to amenities, or historical charm in the listing.
• Keep Descriptions Clear: Use engaging yet concise language to describe the property.

Invest Smartly to Reap Rewards

Minor upgrades and thoughtful investments can significantly increase your rental property’s value, attracting quality tenants and boosting rental income. Whether you choose to repaint walls, upgrade lighting, or add sustainable features, these steps ensure your Lisbon property stands out in a crowded market.

If you need a hand, at Bleisured we offer services of reparation and interior design so you don't have to stress about it! Discover how our property management services can do the heavy lifting for you!

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