At the gates is the “Renovate-Rent” programwhich is estimated to concern approx 12,500 houses etcai with which the owners will receive a state grant grant for the renovation work following they post the lease contract of at least 3 years online.
Beneficiaries
Specifically, at “Renovate – Rent”, owners or usufructuary of residential properties participate for one of their residential properties, provided that:
a) own or usufruct the property by a percentage that exceeds fifty percent (50%),
b) the property has an area of up to 100 square meters and is located in a residential area,
c) have an annual family taxable income, real or presumed, that does not exceed 40,000 euros and have real estate, the total value of which does not exceed the amount of 300,000 euros,
d) the property has not been declared as a first residence, has not been declared as leased and is declared as vacant on the E2 form accompanying the income tax return of the last three (3) years, and
e) the beneficiaries have not received a subsidy for an energy saving or renovation program in their property in the last five (5) years and have not joined subsidized energy saving programs for any of their properties.
Argumentatively
Those participating in the “Renovate – Rent” program are subsidized for repair and renovation costs on their property, amounting to up to 10,000 euros, which include the required materials and work. The subsidy amounts to 40% of the costs incurred and is granted under the following conditions, which must be cumulative:
a) the relevant invoices are paid electronically,
b) following the renovation, they proceed to lease the property with a duration of at least 3 years.
The total cost of the “Renovate – Rent” program does not exceed 50,000,000 euros and is covered by the Public Investment Program (PIP).
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