95% renovation subsidies relaunch
- Greece's 'Renovate' program relaunches in June offering subsidies for whole‑home renovation and energy upgrades. - The relaunch can cover up to 95% of costs, split into renovation and energy‑upgrade components. - The program aims to boost retrofits and may shift where renovation dollars flow in that market (en.protothema.gr).
Greece plans to reopen its “Renovate” housing subsidy in early June, with grants covering as much as 95% of a home overhaul. (en.protothema.gr) The new version requires two kinds of work in the same project: standard renovation and energy-efficiency upgrades. ProtoThema reported the renovation piece would account for 60% to 80% of the budget, with the energy-upgrade piece making up the remaining 20% to 40%. (en.protothema.gr) The relaunch is expected to widen income criteria and increase the number of beneficiaries. Greek City Times, citing the same policy rollout, said the scheme is aimed at roughly 20,000 properties. (greekcitytimes.com) Greece has been running separate subsidy tracks for energy retrofits and for combined renovation-energy work in recent years. The existing “Renovate my house and save energy - for young people” program on Gov.gr offers grants for a main residence and lists April 30, 2026 as the completion deadline. (gov.gr) That older youth-focused program was launched in 2023 with a €300 million budget for 20,000 people ages 18 to 39. Greece’s environment and energy ministry said at the time that €200 million was set aside for energy-saving measures and €100 million for renovation works. (ypen.gov.gr) The government is also already using renovation subsidies to push homes back into the rental market. Gov.gr says the separate “Renovate - Rent” program loosened earlier restrictions, including a rule that had barred applicants who had used other renovation or energy-saving subsidies on any property. (gov.gr) Energy upgrades are a central part of the housing push because Greece’s current “Exoikonomo 2025” program ties aid to a measurable jump in performance. Gov.gr says funded work must improve a home’s energy autonomy by more than 30% and lift it by at least three energy classes. (gov.gr) If the June relaunch opens on schedule, it would merge that retrofit logic with a broader renovation grant and sharply reduce out-of-pocket costs for owners. The next test is whether the platform opens at the start of June, as Greek media now expect. (en.protothema.gr)
