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Spanish Govt’s Recovery Plan Includes Grants of Up to 100% for Building Renovations

The Spanish government will earmark some 5.8 billion euros for various building renovation programmes, focusing on energy efficiency.

Renovación rehabilitación energetica edificios viviendas fuente shutterstock

The Plan for the Recovery, Transformation and Resilience of the Spanish Economy, through which 72 billion in European funds will be channelled, will include aid to rehabilitate housing.

Property owners will be able to obtain between 35% and 100% of the cost of building renovation work. And in total, some 5.8 billion will be earmarked for various rehabilitation programmes, with special emphasis on energy efficiency, according to El País.

Seventy per cent of the planned allocation will go to housing, while the remaining 30% will be devoted to improving public buildings. These amounts will be divided equally between the General State Administration and the autonomous communities and town councils.

Read the full article in Spanish

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