Increased grants for renovation of properties for rental

The regional Ministry of Housing has announced plans for a new series of grants for the renovation of rental properties.

To qualify, house owners must rent out the property after renovation for a period of at least five years. The Junta de Andalucía will subsidise up to 40% of the renovation costs with a ceiling of €4,800.

Last year, a total of 11,000 grants of up to a value of €3,700 were made available by the Junta de Andalucía under the ‘Plan Estatal de Vivienda y Suelo 2009-2012’ – State Plan for the Adaptation of Housing and Land.

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