What is the goal?
The change is part of a large-scale "European green deal". It is related to the continent's commitment to carbon neutrality by 2050.The real estate and construction sector is under intense scrutiny as buildings in the EU account for more than a third of emissions.Many houses in Spain, especially the old ones, do not meet the standards, they often lack thermal insulation, modern heating systems or energy-efficient infrastructure.
Currently, real estate in Spain must have an energy efficiency certificate (Certificado de Eficiencia Energética, or CEE) in order to be put up for sale or rented out.However, there are no minimum requirements for the rating itself.The CEE certificate simply informs the buyer or tenant whether the house has been rated A (excellent) or G (unsatisfactory) in terms of energy efficiency.
Starting in 2030, this will not be enough.Real estate will need to have at least an E rating in order to be suitable for legal transactions, and a D rating by 2033.Properties that do not meet the new standards will be legally prohibited from commercial activity, which means that owners will not be able to sell or rent them out until improvements are made.
How do I get a certificate?
To obtain a certificate, homeowners must hire an accredited specialist, usually an architect or engineer, who will evaluate key aspects such as building orientation, building materials, heating and cooling systems, and energy consumption.The cost of the procedure ranges from 50 to 200 euros, depending on the size and type of property, and the certificate is valid for 10 years.After the certificate is issued, it must be registered with the relevant regional authority in order to receive an official energy efficiency label.
The consequences of this ruling are particularly frightening for owners of old real estate.According to the latest statistics, almost a third of houses in Spain are over 70 years old, and almost the same number of houses are between 50 and 69 years old.Consequently, about 85% of houses in Spain are not energy efficient by modern standards and will require at least partial renovation or modernization over the next decade.
What should homeowners do?
The authorities recommend that apartment owners gradually begin upgrading now, if necessary.
What homeowners can invest in: improving thermal insulation, replacing windows, installing more environmentally friendly heating and cooling systems, and solar panels on the roof.
There are funding programs in Europe to support initiatives to improve the energy efficiency of homes. They are mainly aimed at vulnerable segments of the population.
How does energy efficiency legislation affect European housing markets?
Source: Spanish Property Insight
