Property Abroad
Blog
EU directive on green buildings: Italy must upgrade five million buildings (quickly)

EU directive on green buildings: Italy must upgrade five million buildings (quickly)

EU directive on green buildings: Italy must upgrade five million buildings (quickly)

EU assessment: five million properties in Italy need modernization (and urgently).

Real estate in Italy

Real estate, considered a true refuge, is still at the top of Italians' wish list. So the wealth of families in our country is significantly linked to their own homes. "Italy's safe deposit box", with assets exceeding 5.2 trillion euros, however, may lose value without efficiency and modernization measures. Why?

Recommended real estate
Buy in Italy for 330000€

Sale villa in Catanzaro with city view 356 348 $

5 Bedrooms

3 Bathrooms

183 м²

Buy in Italy for 270000€

Sale flat in Venice with city view 291 557 $

3 Bedrooms

2 Bathrooms

87 м²

Buy in Italy for 710000€

Sale flat in Venice with city view 766 688 $

4 Bedrooms

2 Bathrooms

88 м²

Buy in Italy for 595000€

Sale villa in Venice with city view 642 506 $

6 Bedrooms

2 Bathrooms

237 м²

Rent in Italy for 3800€

Rent flat in Costarainer 4 103 $

3 Bedrooms

2 Bathrooms

108 м²

Buy in Italy for 390000€

Sale penthouse in Sirtory 421 138 $

2 Bedrooms

1 Bathroom

87 м²

The Italian real estate market is outdated and very energy intensive. Some 35 million buildings, of which 70% are over 40 years old, 80% dating back to before 1990, are responsible for 45% of national energy consumption (almost 30% is attributable to residential construction, of which 79% is thermal consumption and 21% electrical consumption) and a significant part of CO2 emissions.

EU Directive on Green Building

The situation is well known to the EU, partly because the recently adopted Directive on Green Building, or more accurately, the Directive on the Energy Efficiency of Buildings, passed by the European Parliament, aims to reduce greenhouse gas emissions and energy consumption in the construction sector by 2030. However, the main goal is to achieve climate neutrality by 2050. These objectives will also be met by modernizing the largest number of buildings with the worst energy performance and providing more detailed information on energy efficiency.

REbuild Observation Center

Researchers claim that the EU directive represents an opportunity for the country, as stated in the REbuild Foundation prepared by the Department of Design Culture at the IUAV University in Venice under the guidance of Professor Ezio Micelli, although they emphasize the significant differences between large and medium-sized cities.

Comment