New Renovation Program: Who is eligible for a subsidy up to €36,000

A new, ambitious chapter for the country’s housing stock is expected in February 2026, as the government has announced an extensive home renovation program. With the primary goal of bringing thousands of properties back to the market, the program offers unprecedented grant rates reaching up to 90%, with the maximum aid amount reaching 36,000 euros per residence.

The program's philosophy clearly focuses on the energy upgrade of old houses, a sector in which BIOCLIMA has been active for years, offering integrated solutions for external thermal insulation and energy upgrading tailored to the needs of Greek housing.

Beneficiaries and Goals

The program aims to activate approximately 750,000 closed properties, with the first phase involving 20,000 owners. For the first time, the following are eligible to participate:

• Closed properties: With the obligation to be inhabited or rented for at least five years after the renovation.
• Owner-occupied properties: Provided they will be used as a primary residence for five years after the completion of the works.

Basic Criteria

• Properties with a building permit issued by December 31, 1990.
• Surface area up to 120 sq.m.
• Family income up to 35,000 euros (for a couple), with an increase of 5,000 euros for each child.

The majority of these properties were constructed without any thermal insulation provisions, leading to increased energy losses and high heating and cooling costs. In such cases, solutions such as BIOCLIMA external thermal insulation systems constitute a decisive intervention for program inclusion and the improvement of the property’s energy class. BIOCLIMA® by KRAFT Paints develops innovative proposals for the energy improvement of buildings. It provides integrated external thermal insulation solutions with CE marking, which are harmonized with the Greek climate and fully cover the program's requirements. BIOCLIMA® ClimaWall® systems are ideal for the renovation of existing homes, as their flexibility allows application to any structure, without restrictions regarding age or location. These certified energy upgrade systems are applied to the external side of walls, having been specifically designed for the architectural particularities and diverse microclimates of Greece. In reality, the installation of external thermal insulation forms the basis for a proper renovation and the creation of a more sustainable home.

Subsidized Works: From Thermal Insulation to General Renovation

The program is particularly flexible, as it combines energy shielding with functional upgrading. Subsidized works include:

1. Energy Interventions (20% – 40% of the budget):

• Thermal insulation of facades and rooftops: The most efficient intervention for energy saving.

External thermal insulation is the most effective energy intervention. At BIOCLIMA, we apply certified ETICS systems with high-performance insulating materials, which reduce energy losses by up to 65% and contribute directly to the property's eligibility for the program.

• Replacement of window frames and installation of heating systems or solar water heaters.

2. General Renovation Works (60% – 90% of the budget):

• Upgrade of plumbing and electrical installations.
• Replacement of floors, sanitary ware, and kitchen renovation.

The combination of general renovation with targeted energy interventions leads to homes of a higher energy class, with reduced operating costs and increased market value.

Application Period

The digital platform for submitting applications is expected to open in February 2026. With the basic subsidy potentially increased by 5% for mountainous/island areas and an additional 5% for families with three or more children, the final coverage rate can reach 90%.

At BIOCLIMA, we are already preparing to support owners who wish to take advantage of the program by providing technical guidance, selection of suitable insulation products, and correct energy planning, from the initial stage to the completion of the works.