Published by carratelli3 years ago

Ecobonus for second homes in condominiums: what it is, what benefits are available, when and how the percentages vary, and what measures are available.

Ecobonus for second homes in condominiums

 

The world of building bonuses is constantly evolving, as demonstrated by thesecond home ecobonus In a condominium. Let's clarify this type of bonus, the benefits provided, the requirements, and the terms.

 

Second home eco bonus

 

At the root of it all is Relaunch Decree 34/2020, Article 119, which defined the terms of the 110% super bonus for work carried out to improve the insulation, seismic response, and energy efficiency of buildings. 

 

The super ecobonus includes a 10% refund of expenses. It's not about having money, but about getting a tax credit. Alternatively, you can get a discount on your invoice or a credit transfer (requires a financial intermediary, such as a bank). In this case, the 10% goes to the company that granted the discount or the bank that advanced the money.

 

To obtain the benefit, even for the second home, at least one of the 3 interventions described as driving must be carried out":

 

  • - Thermal insulation of the building on horizontal, vertical, and oblique surfaces, with insulation covering at least 25% of the building's gross heat-dissipating surface area. This project includes condominium apartments, single-family homes (provided they are not registered as luxury homes, commercial, or artisanal businesses), independent units in multi-family buildings, and single-owner buildings consisting of two to four owners.
  • - Replacement of existing heating systems with systems served by condensing boilers, heat pumps, hybrid systems, geothermal systems, microgeneration systems, or solar collectors, etc. for the same types of properties as above.
  • - Seismic improvement or adaptation interventions, in this case the building must fall within the seismic zones identified by numbers ranging from 1 to 3.
  •  

If you obtain the relief on one of these interventions, you can also associate the expenses relating to the "driven" interventions which can be:

 

  • - window replacement (including frames)
  • - solar screens
  • - photovoltaic system
  • - removal of architectural barriers
  • - solar panels for the production of hot water
  • - heat pump water heater
  • - charging station for electric cars
  • - home automation systems serving air conditioning and domestic hot water systems
  •  

To qualify for the super ecobonus, all these interventions must guarantee an improvement of at least two energy classes on the APE (Energy Performance Certificate). 

 

Ecobonus and condominium

 

In general, all condominiums are eligible for the super ecobonus. The deduction is also available to condominiums that own more than two units. The only stipulation is that they do not fall into cadastral categories A1, A8, and A9 (luxury homes, villas, historic homes, and castles). These units do not need to be entirely residential, but only if the residential area exceeds 50% (Circular 24/e/2020) (paragraph 9, letter a).

 

To approve the super bonus request, a meeting must be held. A number of condominium owners representing at least one-third of the building's value must be present to vote. A majority of those present will be elected. The meeting itself can decide which system to use to access the bonus (invoice discount, credit transfer, financing).

 

Second-home ecobonus: what are the terms for condominiums?

 

The Fourth Aid Decree established new deadlines for submitting applications and receiving the 110% Superbonus. The changes affect the percentage of the benefit, which will drop to 90% in 2023, 70% in 2024, and 65% in 2025. 

 

Condominium interventions remain protected: in the case of second homes in condominiums, the benefits are applicable regardless. Therefore, owners of second homes will still be able to access all the benefits.

 

Properties that initiated the process (with submission of the CILA) by November 25, 2023, before the latest decree came into force, will still benefit from the 110% discount until December 31, 2023.

 

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