01.01.2013 - PROPERTY ENERGY EFFICIENCY LAW CHANGES
From the 1st of January 2013 will enter in force a new law which will affect ALL the sales of properties. This is a National law and nor regional and will cover, New and resale properties in both Urban and Rustic (countryside) area.
The new law will necessitate the notary requesting as part of the paperwork prepared for the sale of a property a certificate supplied by a certified Spanish company confirming the classification of the efficiency of the property. The production of this certificate is the obligation of the vendor to supply.
It is common now for all household electrical goods to be classified in accordance with their energy efficiency and now this is the case with the properties themselves. The aim of this nerw regulation is to inform the purchasers of properties of the energy efficiency of the property. The law will be of a benefit to owners of efficient properties, it will benefit the buyers who will be better informed and it will benefit the environment in the long term as homeowners as well as builders will build more efficient properties.
- How obtaining the Certificate of the Energy Efficiency?: An independent certified company has to go to your property to inspect it, and to check the way in which the property uses and consumes the different energy sources.
- In which consists the classification?: As result of the inspection from the certified company, your property will classified in A, B, C, in relation to the efficient use of the energy, when A is the best, and G is the worst.
So, properties classified with A, or B, will be easier to sell, and more attractive to buyers than properties in lower classifications.
VERY IMPORTANT: There will not be properties classified below G. These properties will not obtain the certification Properties below G will not be acceptable, and will not obtain the certificate.
-For example, if my property is classified with “C”, what I can do to obtain “B”?: The same company must guide you in this case, as they are the specialist on this, and they will have the essential information of your property as result of the inspection.
But, it will be normal that it can be requested to change the all the lights of the property “led” lights, to take care that the white goods are changed into higher classifications of efficiency (buying A products instead of B or C will help), etc.
So, if you are buying a property in Spain after the 01/01/2013, pay attention to the fact that the vendor must provide you with this certificate to confirm the classification of the property in terms of energetic efficiency.
In other way, if you are thinking to sale your Spanish property, we recommend you to contact with a specialist company to help you to obtain assistance on this matter as soon as possible, in order to have all the documentation ready to complete the sale.
At present we are vetting certified companies that we would be happy to recommend to our clients.
If you think you will be effected by this change in the law, please do not hesitate to contact us and we will be more than happy to help you with this new process which should hopefully benefit everybody in the long term.