New construction vs. old building and renovation?

hello

we have been considering for some time now to build or buy a house. one option would be a new build/new purchase or completely renovating an old house in a good location.

with a new build, you can estimate the costs well (many acquaintances have already built), but with an old house, the renovation costs are not as clear.

maybe there are already some who have experience with renovating old houses?

in our case, it would be an old end-terrace house built in 1965. except for the electrical wiring (renewed 3 years ago), everything else in the house is still from 1965. since the location is right, the plot is great, and the layout of the apartment is excellent, the interest is high.

the purchase price should be 200,000 euros. the total budget is about 300,000 euros.

now the question is what a complete renovation would cost. the following would need to be done:

new heating (including underfloor heating)
roof sealing
new tiles (in conjunction with the heating)
new bathroom
possibly insulation (although old stone-on-stone solid house?)
new water pipes

would all this be possible with 80-100,000 euros? since I am absolutely not a handyman, everything would have to be done by professional companies.

best regards

Whether it is enough, I do not really want to estimate, but I think that with your budget it will at least be tight. Remember that you also have additional purchase costs. With a broker, this can already be 10%, so that another EUR 20,000 will be added to the purchase price and your renovation budget will shrink. How big is the house? Do the bathrooms also need to be redone?

How big is the house? Do the bathrooms also need to be renovated?

The house has about 150 sqm spread over the ground floor and upper floor. The bathroom also needs to be renovated. Purchase incidental costs are included. So I would have 80-100,000 euros for renovation.

Well, renovation is usually at least as expensive as a new build and you are very limited, meaning the layout can rarely be changed... rarely is underfloor heating possible, etc.etc.

If I want a specific plot of land, then I would buy an existing property... otherwise definitely new construction.