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Jun 2026
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New subsidy scheme seeks to bring vacant homes back onto the market

Greece is preparing to launch a new housing scheme designed to increase the supply of available homes by subsidising extensive residential renovations, as the government looks to bring thousands of vacant properties back onto the market.

Subsidy up to 90% for renovation of old homes – The new program that changes the market

The new €500 million program subsidizes renovations of old homes up to 90%, aiming to activate thousands of closed properties and increase the housing supply – Expanded criteria and energy upgrade interventions are foreseen

A renovation and energy upgrade programme for 30-year old homes with up to 80% subsidy is coming

It will have wider income limits than My House 2 - Who will benefit from the programme planned to start in February 2026

Sports facilities with a significant historical footprint

LAMDA Development supports people, communities, and Greek sports with projects built to last

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