Nowadays, buildings renovation is a subject of special interest since the building and construction sector is the main body responsible for energy consumption and emissions. Hence, it is necessary to concentrate on refurbishment to achieve Europe’s climate neutrality by 2050 according to European Agenda goals. The BIM4EEB Project, a BIM-based fast toolkit for the efficient renovation of residential buildings, directs the attention toward developing an exhaustive toolkit based on Building Information Modeling (BIM) to be adopted in the renovation of existing residential buildings, to make the flow of information efficient, decreasing intervention working time while improving building performances, quality, and comfort for inhabitants. BIM4EEB is developing a BIM management system connected to an operational and multifunctional toolkit for various architecture, engineering, and construction (AEC) stakeholders, integrating a set of tools for improving BIM adoption in renovation environments based on an interoperable flow of information. This paper presents the Horizon2020 Project and the framework used to develop the toolkit. In addition, the first outcomes of the toolkit development are outlined. The validation procedure in real environments has started to demonstrate the efficacy and applicability of the methodology and tools. Although the project is still in progress, benefits connected to the framework and the BIM-based toolkit result in an enhanced building renovation process.