Know your EPCs from your ABCs: New Spanish ruling comes into effect tomorrow
Already in place in the UK, Energy Performance Certificates (EPCs) will be introduced in Spain on 1st June 2013 but what does this new piece of ‘green’ tape mean for owners of Spanish holiday homes?
- Energy Performance Certificate (EPC) law comes into effect on 1st June 2013
- New law set to lower CO2 emissions and lead to higher real estate quality
- Selling/renting a property after June 1st without certificate could lead to hefty fines
Stemming from the Kyoto Agreement, the introduction of EPCs brings Spain in line with the 2007 EU Directive on Energy as part of a strategy to deal with climate change. The new decree will make energy transparent by testing and grading a building’s energy use and carbon emissions based on the way it is used and how the efficiency could be improved.
Many estate agents believe the move will see older properties being better insulated as a poor rating could be used by a buyer to lower the price. Meanwhile, anyone found renting or selling a property in Spain after June 1st without the certificate could face hefty fines.
The move is welcomed by companies such as leading Spanish house builder Taylor Wimpey España who are calling the introduction essential.
“This law is necessary in order to bring Spain up to European levels in the fight to reduce CO2 emissions into the atmosphere. The law is already in practice on the island of Mallorca and has proved that energy efficient homes can reduce electricity bills and will lead to higher real estate quality and transparency in Spain,” explains Marc Pritchard, Sales and Marketing Manager.
“Here at Taylor Wimpey España we already ensure your property has an EPC included in the price, cutting out any extra worry and making your purchase as easy as possible.”
Indeed, for those looking to purchase their own place in the Spanish sun stress free, why not take a look at what Taylor Wimpey España has to offer!
Brisas de Alenda, located on the forever-popular Costa Blanca, offers beautiful 3 bedroom townhouses located in a peaceful and quiet area adjacent to the Alenda Golf Course, just 15 minutes away from the beach. With generous private gardens, a communal swimming pool, a club house, gym, bars and restaurant, properties cost from just from €159,999.
Or how about living on the glamorous Costa del Sol? La Floresta sur is a new residential development, currently under construction, set near the village of Elviria and its beach, very close to Marbella and Malaga. Set in beautiful surroundings which have been declared a natural biosphere reserve by UNESCO, this development benefits from stunning views towards the oak and pine forest as well as towards the sea. These beautiful properties are available now from €178.000.
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com for more information. If you reside outside of the UK you will need to call +34 971 70 69 72.