With a renovation for all residents

  • You can all save on your energy bills

    Improving energy efficiency will reduce household expenses, and you can cover up to 80% of the investment with public grants.

  • With conditions adapted to your community

    You will have access to our specialized management team, as well as a reduced interest rate, a term of up to 12 years, and the possibility of a grace period.

  • Same building, better value

    Improvements in terms of sustainability and accessibility not only increase comfort, but also contribute to higher valuations.

How to finance it in just 3 steps

Contact us

An adviser will explain the loan option that is most suitable for the community and the documentation you need.

Submit the application

We help you gather the documentation you need so that nothing is missed.

Have the funds available

Once the financing is approved, the money will be available to start your dream project.

Check in with our team of experts

If you need any help, our advisers will call you to explain about the fees and subsidies, and any answer questions you may have. Keep in mind that the project is an estimate; BBVA does not offer the renovation.

This is how it works in practice

An association of 12 residents with the same percentage of horizontal property wants to insulate the façade and roof of the building.

  • Amount to finance: €140,000
  • Interest rate: 5.75% NIR, 6.11% APR
  • Commitment fee: 1% (€1,400)
  • BBVA financing: 10 years, with a 1-year grace period
  • Total to repay: €196,093.11 

Financing is subject to approval by BBVA. Furthermore, as the renovation entails an energy efficiency improvement, they would be eligible for a €112,000 grant to repay the loan.

If you have a company related to renovations, we can work together

We can reach an agreement so that your customers can finance the cost of the HOA renovations. Contact your nearest BBVA branch.

And if you have any questions, we'll answer them

For sustainable transactions:
  • Term: Up to 12 years. If you need a longer term, please ask your adviser directly.
  • Optional grace period
  • Amount: Up to €3,000,000

For all other transactions:

  • Term: Up to 12 years. 
  • Optional grace period
  • Amount: Up to €425,000

Financing subject to approval by BBVA.

Calculate financing