Energy Renovation Loan for Condominium Property Owners' Associations
It's time to improve your building's energy efficiency
Take advantage of an unprecedented grant plan
Refurbishing your condominium property has never been so easy. Find out about the open Next Generation Funds call for your home.
Financing of up to 100% of the refurbishment, without any limits!
If you need it, we additionally offer you a loan* to finance your refurbishment works' entire quote (including VAT).
Repay it in easy instalments in up to ten years
The condominium property owners' association has up to ten years to repay the loan with an optional six-month grace period for principal repayments.
Improve your energy performance certificate and save on your energy bills
Replace the façade's insulation and improve heating or lighting installations in order to reduce energy consumption.
Frequently asked questions about the Energy Renovation Loan for Condominium Property Owners' Associations
The actions which can be financed are the following:
a) Energy efficiency improvements in heating insulation.
b) Energy efficiency improvements and renewable energy use in heating, air conditioning, cooling, ventilation and sanitary hot water installations.
c) Energy efficiency improvements in lighting installations.
The loan application must be submitted on behalf of the condominium owners' association but signed by its president and/or secretary-administrator in accordance with the resolution taken by the owners' association. Find out about the documents needed at any of our branches. Furthermore, granting is subject to the institution's criteria.
When it applies for the loan, the condominium property owners' association must submit the quote for the works to be carried out, which must include VAT.
THE SMALL PRINT IN CAPITAL LETTERS
(*) Granting subject to the institution's criteria.