Sunday, 24th June 2018
LAND & PROPERTY Article
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This Month's Magazine
Grants for home restorations

Grants for home restorations

Briefly explained by Matecno S.L. as a general guidance.

Starting this year, more than 18 million homes in Spain can request government aid in order to restore the home and improve the energy efficiency.

The Plan de Vivienda 2018-2021 is set to consider the allowance of grants for urban renovation, the saving of energy and improved accessibility. One of the important elements of this is to encourage the younger generation to purchase their own home.

With the object to encourage the renovation of urban areas with some feasible criteria, the Ministry of Development have prepared a concrete plan in respect of electric energy.

Qualifying buildings need to have been built before 1996 and must be intended for family main residence as well as 2nd residence.

An indication of how much can be granted would seem to be about 40% of the renovation cost, increased to 75% for applicants earning less than 3 times the IPREM or if the renovation includes the cost of accessibility (intended for invalid residents of persons over 65).

Having said this the government has placed a fixed ceiling of 8,000 Euros for apartments and 12,000 Euros for family homes. An extra 1,000 Euros can be available in case of
properties of cultural interest. As far as land intended for commercial use is concerned, the ceiling is placed at 10 Euros per m2.

 


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The qualifying purpose for eligibility is the improvement of the thermal surrounding of the property such as the installation of heating systems, refrigeration, production of sanitary hot water and ventilation for the thermal conditioning, or the increase of the energy efficiency of existing ones; the fitting of energy generating equipment or those which allow the use of renewable energies; improvements on noise reduction on or the installation of systems that contribute to reducing the interior contamination of the
property.

For further, more accurate
information and possible eligibility
please contact MATECNO S.L. who
will be delighted to advise you.

 



MATECNO, Architect
Architects, Building & Construction Management iin Marbella, Sotogrande, Puerto Banus, Estepona, Maniilva, San Pedro, Avenida Manilva, 1 -1ºG, 29692
+34 679 173 916
More Information
MATECNO, Architect

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