Up to €21,400 grants now available to renovate homes in the Canary Islands
The government has launched a new round of housing renovation grants for the second quarter of 2026, offering homeowners up to €21,400 to upgrade their properties, provided the work improves energy efficiency.
The scheme forms part of a wider national push to modernise housing, support vulnerable groups, and bring empty homes back into use, particularly in high-demand areas such as the Canary Islands.
Backed by funding from the Plan de Recuperación, Transformación y Resiliencia, the programme aims to drive up to 510,000 renovation projects across Spain before June 2026.
Energy efficiency is the key requirement
To qualify for the grants, any renovation must deliver measurable energy savings. Applicants must meet at least one of the following criteria:
- Cut non-renewable energy consumption by 30%
- Reduce heating and cooling demand by at least 7%
This means that cosmetic upgrades, such as a new kitchen or bathroom, will only be eligible if they form part of a broader, energy-focused renovation.
Qualifying improvements may include:
- Better insulation
- Window replacement
- Upgrading energy systems
Homeowners must also hire a qualified technician to certify the property’s energy performance before and after the work.
How much can you receive?
The amount awarded depends on the level of energy savings achieved:
- Around 30% energy savings: grants covering 40% to 80% of costs
- Major renovations (over 60% savings): up to €21,400 per property
Importantly, these grants are tax-free and do not need to be declared in income tax, offering a direct financial benefit.
How to apply
Applications are managed locally through regional governments and town halls, with each authority publishing its own deadlines and requirements.
Funding is allocated on a first-come, first-served basis, so early application is strongly advised.
To help cover remaining costs, the government has also introduced financing options through the Instituto de Crédito Oficial (ICO), making it easier for homeowners to access affordable loans.
A major housing investment
The programme has a total budget of €3.42 billion dedicated to residential renovation.
The long-term goal is ambitious: to reach 300,000 home upgrades per year by 2030, significantly improving energy efficiency and transforming Spain’s ageing housing stock.
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