Homeowners in Spain are set to be hit by mandatory renovations that could set them back thousands

Spanish homeowners could be forced to pay thousands of euros for mandatory renovations.i8

From 2030, all EU members including Spain will have to comply with the new standards of energy efficiency for residential properties.

Home with a Difference Low energy efficiency ratings If they are going to be rented or sold, the property will need to be renovated to reduce its energy consumption.

All properties must reach class E by 2030 and class D by 2033.

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Energy Efficiency

This EU regulation will specifically affect older homes with no energy saving measures – the majority of housing stocks.

The funding of all these upgrades and the consequences for non-compliance are not yet clear.

According to figures from the Ministry for Ecological Transition, the average age for Spanish homes is 43.5 years. Many were built before current energy standards came into effect.

The European Plan aims to achieve an Energy renewal rate is 3% per annum.

Only 20% of Spanish households are rated higher than E, according to the Institute for Energy Diversification and Savings.

The government has set a goal to renovate 1.2 million houses by 2030.

The measure will directly impact homes classified as F and G including properties constructed before 1980 which often have uninsulated walls, old windows, inefficient HVAC systems, etc.

This type of building consumes large amounts of energy. It cools down quickly in the winter and overheats during the summer.

Window renovation is one of the best ways to improve your home’s efficiency. By replacing old windows with new double- or triple-glazed systems that are well sealed and insulated, you can increase energy efficiency by 30 percent and enjoy greater acoustic and safety comfort.

The EU is aiming to reduce the energy bill and carbon footprint of the housing stock, as well as make it more efficient.

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About Richard Roberts

Richard Roberts, from the UK, has lived in Spain for 7 years. A passionate real estate expert, he helps clients find their ideal home or investment opportunity.

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