Buildings account for up to 32% of the total energy use in different countries. Directives from the European Union have pointed out the importance of increasing energy efficiency in buildings. New regulation in countries like Sweden establishes that new buildings should fulfill regulations of Nearly Zero Energy Buildings (NZEB), opening an opportunity for new technologies to achieve these goals. Almost 80-90% of the energy in domestic hot water use is wasted from different applications with almost no use and with a lot of potential energy to be recovered. The present work studied the characteristics of greywater heat exchanger as a solution to recuperate heat from greywater to increase efficiency in buildings. This study explored the fluid mechanics involved in the vertical greywater heat exchangers, analyzing the falling film effect present in drain pipes and the effects of the secondary flow generated in the external helical coil. A heat transfer model from a theoretical approach was proposed and validated. In addition, this study explored the different variables influencing the economic feasibility of the technology and an economic analysis was performed. A theoretical comparison between a greywater heat exchanger application and a reference case without it was evaluated highlighting the importance of all the variables involved in the potential of implementation of the technology. The technology shows big potential in households with high water consumptions, especially with electric boilers.