Greece Opens Platform for Renovation Program Eligibility Checks

Greece has opened the application process for its new "Anakainizo" (Renovate) program, a substantial initiative with a total budget of 500 million euros aimed at upgrading residential properties. Interested individuals can now use their Taxisnet credentials to check their eligibility and prepare for formal applications, which commence on September 1st.

The program offers strong financial incentives, covering up to 95% of renovation costs, with a maximum subsidy of 36,000 euros per dwelling or 300 euros per square meter. The highest subsidy rate of 95% is reserved for properties in mountainous and island regions, as well as for vulnerable households, including those with three or more children, single-parent families, and individuals with disabilities.

To qualify, residences must have been built by December 31, 1990, and have an area of up to 120 square meters. This size limit is extended to 150 square meters exclusively for families with three or more children. Furthermore, the property's energy efficiency rating must be category C or lower.

Eligible properties can be either currently inhabited or have remained vacant during the 2024-2025 period. However, properties listed for short-term rentals (like Airbnb) or those that have already benefited from another energy-saving program since January 1, 2020, are excluded. Application evaluations will prioritize requests with lower subsidy amounts, proceeding to those nearing the maximum limit afterward.