European property owners' perspectives & experiences on building renovation
European property owners' perspectives & experiences on building renovation
There is a willingness among property owners in Europe to renovate, but costs, access to financial support and the complexity of the process continue to limit the shift towards deeper renovation measures.
There is a positive attitude towards energy renovation among European property owners, but putting it into practice still depends on economic factors and an accessible support framework. A survey by the International Union of Property Owners (UIPI), based on 5,540 responses from 32 countries, shows that 78% consider improving the energy efficiency and sustainability of their properties to be beneficial. In addition, 84% have renovated over the past decade, are currently carrying out renovation works, or plan to do so within the next ten years.
However, financial capacity influences decision-making. Lack of financial resources, support considered insufficient, and doubts about the return on investment are the main barriers. This reality also affects the depth of interventions: 71% are carried out in stages, and only 13% of completed renovations qualify as deep renovations.
The report therefore points to a gap between willingness and the capacity to act. To accelerate renovation, it highlights the need for stable financial incentives, reliable technical assistance, and more visible integrated services. Currently, only 11% are aware of renovation one-stop shops, despite the role assigned to them by the Energy Performance of Buildings Directive (EPBD) in simplifying the process.