Renovations expand energy efficiency and accessibility across owner communities
Recent years have seen a rise in building renovations designed to boost energy efficiency and accessibility, reflecting the needs of today’s context. This trend has coincided with increased lending to owner communities and sustained growth for a financial institution that continues to strengthen its position in the market this year.
Deutsche Bank has introduced the Avanza Loan, backed by more than twenty-five years of sector experience. The division of the bank focuses on financing projects that improve energy efficiency and accessibility for owner communities, supporting modern updates that raise property value and resident comfort.
More owner communities pursue loans to rehabilitate their buildings
In practice, about half of Avanza Loan financing targets improving accessibility within owner communities. This includes installing elevators and improving entry points. The remaining half concentrates on energy efficiency, with the majority allocated to facade insulation and related thermal improvements, while a smaller portion funds the replacement of coal-fired boilers and the installation of photovoltaic systems for self-consumption.
One notable financial aid stream is the European Next Generation funds, framed by Spain’s Plan for Recovery, Transformation and Resilience. Among its objectives is the rehabilitation of buildings to boost energy efficiency and overall resilience.
Fifty percent of Avanza Kredi financing goes to accessibility upgrades, the other fifty to energy efficiency
This pairing creates a unique opportunity to leverage these funds. A total of 3,420 million euros has been earmarked to support communities in rehabilitating and refurbishing homes. According to the European Commission, the measure aims to accelerate economic transformation and help economies recover from the pandemic while steering spending toward a greener, more flexible future aligned with European sustainability goals.
Spain is undergoing a transition oriented toward energy efficiency and environmental responsibility. The Long-Term Strategy for energy rehabilitation in the construction sector, supported by the Ministry of Transport, Mobility and Urban Agenda, targets significant energy improvements for tens of thousands of homes. The government intends to reduce final energy consumption in the building sector by about one third by 2050, a bold target that guides policy and funding priorities.
Beyond environmental gains, updating buildings yields tangible community benefits. Residents can access one-time public assistance, tax incentives, reductions in certain taxes, and potential increases in property values as investments mature.
By 2050, Spain aims to cut final energy consumption in construction by 36.6 percent
A vivid example of progress is the Madrid Airport neighborhood project. With Avanza Credit support, energy efficiency improvements have cut heat demand per building by roughly 60 percent. This means fewer local pollutants and an estimated 1,000 tonnes fewer CO2 emissions annually. Community leaders describe these changes as life-enhancing, with rising home values and a shared sense of optimism about future projects, even as work continues.
NEW GENERATION EU: How to use European funds
In Valencia, Next Generation EU funds contribute to the rehabilitation of residential properties to raise energy efficiency, accounting for about 10.8 percent of the region’s share. The broader aim is to rehabilitate tens of thousands of homes, aligning with goals to reduce non-renewable energy consumption and speed up project timelines. The Generalitat Valenciana stresses the importance of leveraging these funds for building rehabilitation, emphasizing that residential uses dominate the space while a manager or rehabilitative representative coordinates work, ensuring efficiency targets are met and projects stay within a defined timeframe.
Additionally, the region highlights expected energy savings and cooling/heating demand reductions, with a focus on achieving meaningful reductions in non-renewable energy use and delivering results within two years. This approach is consistent with ongoing policy efforts to modernize housing stock and support sustainable communities.