Would you pay more for an energy efficient property?

Slightly more than half of house buyers and tennants (52%), say they would be willing to pay more for a more energy efficient home, according to a survey by Look & Find.

In light of these results, it seems that the energy efficiency certificate, which has been compulsory for all property transactions in Spain from June 1st, might have become a relevant factor in the decision to purchase or lease a property.

These new certificates do not only include an energy rating of the home, but also recommendations for improving its energy efficiency and a financial assessment on the costs and their amortization by means of energy savings.

However, over 90% of property owners looking to sell or rent do not yet known they have to acquire this certification.