Renovation of a house with state aid up to 95%: Everything you need to know about the new NSRF program
In the final line for the launch of an ambitious housing program enters the real estate market, as the relevant platform for applying is expected to open in June. By publishing the Joint Ministerial Decision in the Journal of Government, the full institutional framework for the action was laid down. «Renovation of Residence», which has total budget of EUR 480 million.
The programme is funded through the NSRF 2021-2027 and specifically from the leg «Environment and Climate Change»The central axis of this government initiative is the strengthening of low and medium-sized income strata, the improvement of living conditions, and the rehabilitation of hundreds of inactive properties in the long-term lease market, to address the lack of housing.
The two categories of property and technical characteristics
The new program does not concern all properties, but focuses on buildings of earlier specifications that need interventions. In particular, eligible dwellings are divided into two main groups:
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In «closed dwellings», which remained proven unused and vacant during the two years 2024-2025. After their restoration, owners can either lease them long term or use them for ownership.
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At the residences already used as a main residence, but they face operational problems or damage due to old age.
In order for a property to be approved, the a building permit (or other legal document) issued by 31 December 1990. The maximum surface limit is defined in 120 square metersHowever, this limit may be extended to third-country and multi-country families. up to 150 sq mi under certain conditions. In addition, the house should be classified in energy category C or lower.
Amount of subsidies and compulsory energy interventions
The financial aid is step-up and depends on the applicant's financial situation. The basic subsidy starts at 70% for medium income; and is 80% for the weakest. However, specific social increases are provided for:
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Too many, three-tecs and single-parent families.
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Persons with disabilities (SMEs).
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Real estate located in island or mountain areas of the country.
Through these increases, the final percentage of state funding can touch 95%. The maximum amount of the grant shall be as follows: EUR 300 per square meter, up to a maximum of EUR 36,000 per residence. It is worth noting that it is fully covered (at 100%) and the collateral costs for engineers, licensing, energy inspections and the Electronic Building Identity, with a maximum of 2,500 euros.
Beneficiaries should be aware that the renovation is not only about aesthetic upgrading. The Energy interventions are mandatory and must absorb the 20% to 40% of total budget the work, ensuring that the property is raised by at least one energy grade.
Electronic applications and applications «block» at Airbnb
The file submission process will be done exclusively through a dedicated electronic platform. As interest is expected to be particularly high, stakeholders should move quickly, as evaluation and approval of applications will be done in a priority order (time stamp), based on the exact day and time of final submission.
Finally, the Ministry sets strict restrictions to ensure the social nature of the action. Owners who receive the grant are required to maintain the agreed use of the property for at least five years. During this time, The availability of the property for short term lease (airbnb type) is expressly prohibited or his transfer. If any breach of these conditions is found, the owners will be faced with the obligation to reimburse the total amount of the grant.
