Funding for the renovation of empty residential units
October 31, 2024
The Minister of Interior, Konstantinos Ioannou, announced the plan 'Renovate – Rent' aimed at increasing the supply of affordable housing. The plan offers financial grants up to €35,000 for owners to renovate empty residential units. Applications will be accepted within set timeframes, with income criteria for tenants. Tenants will need to meet specific income criteria based on their household composition.