Home Renovation New program Renovate 2026: How to earn a subsidy of up to 90% for home renovation

What is the new program Renovate 2026?
Renovate 2026 is a state program that offers subsidies for the energy, functional and aesthetic renovation of homes. It is a continuation of previous actions, but with significantly improved terms and conditions.

The goal of the program is:

the energy upgrade of old homes,

the reduction of the energy footprint,

and the improvement of living conditions.

The subsidy for home renovation can reach up to 90% of the cost and concerns works such as:

thermal insulation of walls and ceilings,
replacement of window frames,
upgrading of heating / cooling systems,
installation of RES (e.g. photovoltaics),
bathroom or kitchen renovation.
The program is co-financed by the National Strategic Reference Framework (NSRF) and is implemented through a platform of the Ministry of Environment and Energy.

Which residences and which owners are included in the program
The home renovation program concerns main residences located in Greek territory and built before 2011. It is not required to be the applicant's permanent residence, but it must be declared in E9 and have an active electricity supply.

Requirements for the residence
To be legal (with a building permit or regularized).
To be used as a residence (not a commercial space).
To have an Energy Performance Certificate (EPC) before the renovation.
Requirements for the owner
To have an income of up to €50,000 (depending on the category).
To have a VAT number in Greece.
To be the owner or usufructuary of the property.
What works does the subsidy cover?
The subsidy for home renovation covers a wide range of works, aimed either at energy upgrading or at the general improvement of the space. Indicatively:

Energy Upgrading Works
Thermal insulation of walls, roof, attic, terrace.
Replacement of window frames with energy-efficient ones.
Heating systems: Heat pumps, natural gas boilers, thermostats.
Solar water heaters, photovoltaic systems, automation.
General Renovation Works
Bathroom and kitchen renovation.
Replacement of tiles, floors, cabinets.
Accessibility improvement works for people with disabilities.
The subsidy depends on income and the energy upgrade to be achieved and ranges from 40% to 90% of the total cost.

How to apply
The procedure for joining the new program I Renovate 2026 is digital and simple, but requires accuracy and proper preparation.

Steps:

Gather supporting documents: property title, settlement, E9, PEA, utility bills.
Assign an engineer to make a technical report and proposal for interventions.
Enter the information on the special platform of the Ministry of Economic Development (as soon as it opens).
Submit the application and wait for approval.
After approval, you have a specific period of time to implement the work and submit invoices for the disbursement of the subsidy.
Tip: Applications are approved in order of priority or based on a score, so do not delay.

Frequently Asked Questions and Useful Information
When does the program start?

The launch of Renovate 2026 is expected in March 2026, according to the Ministry of Economic Affairs and Energy.

Can I renovate a holiday home?

No, the subsidy only applies to main residences, whether owner-occupied or leased.

Can a property rented through Airbnb be included?

No, residences used for short-term rental are excluded.

How many times can I join?

Each owner can make one application per residence, but not for the same property that has already been subsidized by a previous program.

The new Renovate 2026 program is a unique opportunity to renovate a home with a government subsidy. Whether you need an energy upgrade program or a general renovation of spaces, the home renovation subsidy significantly reduces the cost. Make sure to check in advance if you meet the requirements and prepare your supporting documents, so you can take advantage of the home renovation program before the available budget runs out.