a better future
By clicking accept, closing this banner, or continuing to browse our website, you consent to the use of such cookies.
Cyprus is launching the Home Energy Drive scheme in an already somewhat desperate attempt to meet EU energy-efficiency standards, as the deadline approaches. Although the date is set in 2030, which may seem like a long way ahead, Cyprus does have to reduce its greenhouse gas emissions by at least 40%, increasing energy efficiency by at least 32.5%, and that’s not an easy target to achieve.
At an online conference earlier this week, Energy Minister - Natasa Pilides announced plans to subsidise home upgrading projects with €30 million in 2021 and €70 million over a seven-year period 2027. In the first phase, €30 million will be allocated to cover the purchase and installation of materials and equipment for energy efficiency. An additional €7-8 million a year will be distributed as grants to people who want to upgrade their energy infrastructure.
The plan is directed at permanent Cyprus resident homeowners, and only one grant may be applied per building.
Applications for the schemes will be provided on a new online platform (to be launched).
The following eligibility conditions apply:
Taking pride in construction of luxury properties with the usage of the latest technologies and the highest quality standards, we know all there is about the Cyprus real estate market. If you wish to find out more, get in touch with us today!
Source: Financial Mirror
Более подробную информацию о налогах и сборах при покупке недвижимости на Кипре вы можете получить на нашей странице.
Limit Exceeded objects for comparison. To add new, delete previous