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[BUSINESS] · Greece · 2 sources

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Greek 'Renovate 2026' program expands eligibility for closed homes and co‑owners

The Greek government’s “Renovate 2026” subsidy scheme, backed by a €500 million budget, has loosened two key eligibility rules. The electricity‑consumption ceiling for a property to be considered unused has been doubled from 50 kWh to 100 kWh, allowing owners who keep power on for occasional visits or maintenance to qualify. At the same time, the required ownership share for co‑owners has been cut from 50 % to 20 %, opening the program to many heirs and multiple owners who were previously excluded.

The changes aim to bring thousands of additional property owners into the programme. So far about 250 000 applicants have registered, with roughly 61 000 eligibility certificates issued. The deadline for issuing certificates for “closed” homes has been extended to 31 August 2026 (the general deadline remains 31 July 2026). The adjustments are intended to revive the market for vacant houses and stimulate renovation activity across Greece.