Loggias and balconies are external structures designed for recreation and other activities, which increase the value and the surface of the property. They are positioned as part of the cladding of the building. Actually, these structures are perhaps the most exposed components of a building's cladding, and for this reason, the most degraded. This is why the repairing of these structures should certainly be included in any comprehensive renovation of a building, even though it might not have any financial effect for the owners and tenants, unlike, for example, changing fillings or additional insulation.
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