{"id":112564,"date":"2025-04-21T19:46:54","date_gmt":"2025-04-21T16:46:54","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=112564"},"modified":"2025-04-21T19:46:54","modified_gmt":"2025-04-21T16:46:54","slug":"new-government-grant-offers-up-to-e35000-for-home-renovations-if-youre-willing-to-rent-it-out-at-affordable-rates","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/ru\/new-government-grant-offers-up-to-e35000-for-home-renovations-if-youre-willing-to-rent-it-out-at-affordable-rates\/","title":{"rendered":"New Government Grant Offers Up to \u20ac35,000 for Home Renovations\u2014If You\u2019re Willing to Rent It Out at Affordable Rates"},"content":{"rendered":"<p class=\"\" data-start=\"371\" data-end=\"746\">The Cypriot government has rolled out a new initiative aimed at tackling both urban decay and the housing crisis\u2014the &#8220;Renovate-Rent&#8221; Scheme, launched by the Ministry of Interior. The scheme offers property owners financial aid of up to \u20ac35,000 to refurbish empty homes, with one key condition: they must rent them to low- or middle-income tenants at affordable rates.<\/p>\n<hr class=\"\" data-start=\"748\" data-end=\"751\" \/>\n<h3 class=\"\" data-start=\"753\" data-end=\"771\">How It Works<\/h3>\n<p class=\"\" data-start=\"773\" data-end=\"938\">Starting from Wednesday, April 9, at 12:00 noon, homeowners can apply through the official government portal: <a href=\"http:\/\/www.prositistegi.cy.\" target=\"_blank\" rel=\"noopener\">www.prositistegi.cy.<\/a><\/p>\n<p class=\"\" data-start=\"940\" data-end=\"1189\">The grant amount varies between \u20ac15,000 and \u20ac35,000, depending on the scope of renovations. But the incentive comes with a commitment: renovated properties must be offered to approved tenants who meet income-related eligibility requirements.<\/p>\n<hr class=\"\" data-start=\"1191\" data-end=\"1194\" \/>\n<h3 class=\"\" data-start=\"1196\" data-end=\"1225\">Who Can Rent These Homes?<\/h3>\n<p class=\"\" data-start=\"1227\" data-end=\"1403\">The initiative is specifically geared toward individuals and families who do not already own property and fall within certain income brackets, which vary by household size:<\/p>\n<ul>\n<li style=\"list-style-type: none\">\n<ul>\n<li style=\"list-style-type: none\">\n<ul data-start=\"1405\" data-end=\"1700\">\n<li class=\"\" data-start=\"1405\" data-end=\"1450\">\n<p class=\"\" data-start=\"1407\" data-end=\"1450\">\ud83e\uddcd Single applicant: Income up to \u20ac25,000<\/p>\n<\/li>\n<li class=\"\" data-start=\"1451\" data-end=\"1515\">\n<p class=\"\" data-start=\"1453\" data-end=\"1515\">\ud83d\udc69\u200d\u2764\ufe0f\u200d\ud83d\udc68 Couple or single parent with 1 child: Up to \u20ac45,000<\/p>\n<\/li>\n<li class=\"\" data-start=\"1516\" data-end=\"1579\">\n<p class=\"\" data-start=\"1518\" data-end=\"1579\">\ud83d\udc68\u200d\ud83d\udc69\u200d\ud83d\udc67 Family or single parent with 2 kids: Up to \u20ac50,000<\/p>\n<\/li>\n<li class=\"\" data-start=\"1580\" data-end=\"1646\">\n<p class=\"\" data-start=\"1582\" data-end=\"1646\">\ud83d\udc68\u200d\ud83d\udc69\u200d\ud83d\udc67\u200d\ud83d\udc66 Family or single parent with 3 kids: Up to \u20ac55,000<\/p>\n<\/li>\n<li class=\"\" data-start=\"1647\" data-end=\"1700\">\n<p class=\"\" data-start=\"1649\" data-end=\"1700\">\ud83d\udc68\u200d\ud83d\udc69\u200d\ud83d\udc67\u200d\ud83d\udc66\u2795 Families with 4+ kids: Up to \u20ac65,000<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"\" data-start=\"1702\" data-end=\"1970\">Prospective tenants can also apply via the same online platform. Once their applications are reviewed and approved by the Cyprus Land Development Corporation (KOAG), they\u2019ll gain access to a list of available renovated homes, which they can then rent directly.<\/p>\n<hr class=\"\" data-start=\"1972\" data-end=\"1975\" \/>\n<h3 class=\"\" data-start=\"1977\" data-end=\"2004\">A Two-in-One Solution<\/h3>\n<p class=\"\" data-start=\"2006\" data-end=\"2213\">This dual-purpose program is designed to breathe life back into neglected housing stock across Cyprus while also providing affordable living options for those priced out of the current rental market.<\/p>\n<p class=\"\" data-start=\"2215\" data-end=\"2407\">According to the Ministry, the ultimate goal is to create a win-win for both property owners and families in need, by encouraging renovations and boosting the supply of accessible housing.<\/p>\n<p class=\"\" data-start=\"2409\" data-end=\"2552\">Interested homeowners and tenants can find more details and start the application process at <a href=\"http:\/\/www.prositistegi.cy\" target=\"_blank\" rel=\"noopener\">www.prositistegi.cy<\/a>.<\/p>\n<p data-start=\"2409\" data-end=\"2552\"><em>Source: www.news.cyprus-property-buyers.com<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Cypriot government has rolled out a new initiative aimed at tackling both urban decay and the housing crisis\u2014the &#8220;Renovate-Rent&#8221; Scheme, launched by the Ministry of Interior. The scheme offers property owners financial aid of up to \u20ac35,000 to refurbish empty homes, with one key condition: they must rent them to low- or middle-income tenants [&hellip;]<\/p>","protected":false},"author":9,"featured_media":112565,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/112564"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=112564"}],"version-history":[{"count":7,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/112564\/revisions"}],"predecessor-version":[{"id":112572,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/112564\/revisions\/112572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/112565"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=112564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=112564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=112564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}