⚠️ The Real Cost of Apartment Renovation in Thessaloniki in 2026
Many property owners make the same mistake:
👉 Calculating renovation costs solely by square meter.
In reality, two apartments of exactly the same size — for example, 80 m² — can differ in renovation costs by €20,000–25,000 or even more.
Why Such a Big Difference?
The final budget depends on much more than floor area:
✅ Condition of the electrical system
✅ Condition of the plumbing
✅ Age of the building
✅ Hidden structural or technical issues
✅ Quality of materials
✅ Level of finishes and design
✅ Custom features and engineering upgrades
That's why a renovation estimate based only on square meters is often misleading.
📊 Average Renovation Costs in Greece (2026)
🎨 Cosmetic Renovation
€180–350 per m²
Ideal for refreshing a property before renting or selling.
Includes:
✔ Painting
✔ Minor repairs
✔ Flooring replacement
✔ Basic aesthetic improvements
🔨 Partial Renovation
€350–650 per m²
Suitable when key systems need updating.
May include:
✔ Kitchen upgrades
✔ Bathroom renovation
✔ Partial electrical works
✔ Partial plumbing replacement
🏠 Full Turnkey Renovation
€650–1,200+ per m²
A complete transformation from demolition to final finishing.
Typically includes:
✔ Demolition works
✔ New electrical installation
✔ New plumbing system
✔ Flooring and tiling
✔ Interior finishes
✔ Fixtures and fittings
✔ Ready-to-live delivery
The Most Important Question
Most people ask:
❓ "How much does a renovation cost?"
But the better question is:
⚠️ "How much will a renovation mistake cost?"
Cheap renovations often become expensive when poor workmanship, low-quality materials, or hidden issues force owners to pay for the same work twice.
A properly planned renovation is usually far more cost-effective than fixing problems later.
🏡 Planning a Renovation in Thessaloniki or Halkidiki?
Whether you own:
✔ An apartment
✔ A private house
✔ A holiday property
✔ An investment property
A professional assessment before work begins can save thousands of euros and prevent costly surprises.
We Can Help You Understand:
✅ A realistic renovation budget
✅ Where savings make sense
✅ Where cutting costs creates future expenses
✅ Which improvements add the most value to your property
📩 Request a Preliminary Estimate
Get in touch with our team for an initial consultation and renovation assessment.
SMB Construction & Development – Greece
🏗️ Renovation | Construction | Engineering Systems
📱 Instagram: @smb_construction_greece
📞 +30 (231) 700-59-15
📞 +30 698 19 66 002
📍 Thessaloniki | Halkidiki