Let’s Renovate Our Homes. Start planning today!
Renovating an apartment building is a major undertaking, and the question often arises: where to begin? Below we outline the main stages of the process.”
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Assess the technical condition of the building and involve a technical consultant.
Begin by evaluating the building’s technical condition. If your own expertise is not sufficient, it is important to involve specialists in technical systems and construction. For apartment associations, hiring a technical consultant already at the planning stage is advisable — their contact details can be found HERE. In support applications, involving a technical consultant is mandatory. -
Draft the project terms of reference along with a preliminary budget and schedule.
When planning renovation works, decisions should not be based solely on the payback period of a single activity or on energy-saving potential. Instead, the building must be considered as a whole — taking into account energy efficiency, safety, and durability. -
Explore possibilities for obtaining a bank loan.
Once the terms of reference are ready, explore loan options with banks. Since the best results in renovation are achieved with a comprehensive approach, financing usually requires not only the association’s own funds but also a bank loan and, if available, state support. Based on the preliminary renovation budget, you can approach a bank to find out the possible terms and loan amount. The final cost is usually determined after the construction design has been completed and tenders received, as different technical solutions influence the total cost. -
Convene a general meeting of the apartment association (shareholders).
Next, a general meeting must be held to make key decisions — selecting the scope of works, agreeing on the loan amount, and authorising the board to proceed with the renovation. A bank-provided form can be used for the resolution. When deciding on improving the building’s energy class, a qualified majority vote is required. -
Solicit bids and order the construction design.
If no design has yet been prepared, bids must be solicited and a construction design ordered. The design must be detailed enough for contractors to provide accurate tenders and must comply with both regulations and project requirements. The designer must be registered in the Register of Economic Activities (MTR). -
Submit a loan application to the bank and an application for support to EIS.
If you are applying for a subsidy and/or a loan, submit the respective applications at this stage and wait for the decisions. -
Organise tenders to select the contractor and owner supervision.
Before renovation works begin, tenders must be organised to find a contractor and owner supervision. Owner supervision is crucial for achieving a high-quality result, and cutting corners here can lead to higher costs later. After this, contracts are signed. -
Enjoy lower heating bills and improved indoor climate in your renovated building!
The process culminates with the renovation works and their acceptance. Before the works are officially accepted, necessary adjustments (e.g. heating, ventilation) must be made.