I’m Upgrading My Home: How to Take Advantage of the New Program to Improve Your Property

If you’re thinking of making meaningful energy upgrades to your home but the cost is holding you back, the “Upgrade My Home” program is a real opportunity you shouldn’t ignore.

Funded by the Recovery and Resilience Facility, it allows you to get a loan of up to €25,000 with an almost zero interest rate and no collateral required. This is not a typical subsidy like the “Exoikonomo” program but a plan specifically designed to support you — with fewer complexities.

What it Covers
The program supports a wide range of energy efficiency upgrades. You can finance:

Installation of thermal insulation (external or internal)

Replacement of windows and doors with new-generation PVC or aluminum frames

Installation of solar water heaters

Installation of energy-efficient boilers, inverters, or heat pumps

Installation of external shading systems

Improvements to lighting, automation, and insulation

Services from energy inspectors or engineers

You don’t need to have an Energy Performance Certificate (EPC) beforehand. The process is simple and can begin without prior studies.

Who Can Apply
The program is open to all property owners (main or secondary residences) who want to upgrade their homes. There are no income or age restrictions.

You just need:

The property to be a residential unit

Legal ownership or usufruct

No previous funding from another energy program (e.g. “Exoikonomo”) after 2020

Loan Terms
The loan ranges from €5,000 to €25,000

No mortgage or property lien is required

The interest is nearly zero — the state covers it

Repayment is over 3 to 7 years, depending on the loan amount

Applications are submitted through participating banks (Piraeus, Alpha, NBG, Eurobank, Attica Bank, etc.) and pre-approval is usually granted within 30 days.

How to Start
The process is simple if you follow the basic steps and work with professionals who know the field.

1. Gather Quotes and Draft a Budget
Start by listing the upgrades you want for your property (e.g. new windows, insulation, heating system).

2. Submit an Application to the Bank
With your quotes and budget ready, contact one of the partner banks. The process can be done online or in person. Required documents include:

Declarations via gov.gr

Responsible declaration confirming awareness of program terms, data authenticity, no double funding, and data processing consent

Co-owner declarations (if applicable), consenting to the planned works

Identification & Legality

Valid ID or passport (plus residence permit for non-EU citizens)

Electricity bill with supply number

Ownership title or inheritance acceptance with registration certificate

Building permit or legalization documents

Financial Information

Last year’s income tax return

Form E2 (if you declare rental income)

ENFIA property tax and updated E9 (if applicable)

Salary statements (last 3 months) for employees

VAT returns and E3 form or service invoices for freelancers

For foreign taxpayers: income documentation from the last 3 years with official translations

Loan & Bank Forms

Budget form (provided by bank)

Final Beneficiary Declaration (provided by bank)

Social security clearance or exemption via e-EFKA

ENFIA certificate or declaration of acquisition date

For Lump-Sum or Final Disbursement

Paid invoices for completed works

Invoices must be issued in the applicant’s name and paid electronically

3. Receive Advance Disbursement (up to 70%)
Once approved, you sign the loan agreement and receive up to 70% of the amount in advance, allowing you to begin without using your own funds.

4. Execute the Works
You carry out the upgrades. The timeframe depends on the project size but must not exceed the loan term, typically 6–12 months.
Keep all invoices and payment proofs — they are mandatory for the final disbursement.

5. Submit Final Documents for the Remaining Amount
Once the work is completed, you submit all receipts and supporting documents to the bank for final verification and disbursement of the remaining 30%.

What Eco Bau Can Do for You
At Eco Bau, with over 20 years of experience in windows and energy solutions, we know exactly how to approach such upgrades — especially when it comes to:

Latest-generation PVC windows

High-performance synthetic frames with excellent insulation and soundproofing

Durable, secure aluminum systems

Invoices that comply with the program’s requirements

Collaboration with certified energy inspectors and engineers

Full technical support from start to finish

We handle the entire window upgrade process with systems that meet and exceed program requirements.

Conclusion
The “Upgrade My Home” program is a great opportunity to invest in your property with little to no financial risk. And with the right partner by your side, the process is smooth and worry-free.

Our company has years of experience in PVC window systems. Contact us today at 215 215 2162 — our experts are happy to answer any questions you may have.