As of June 1st this year it is mandatory for any property for sale or for rent in Lanzarote (and across Spain) to have an Energy Performance Certificate, as a result of a recent European Union directive. But what exactly is an EPC (Energy Performance Certificate)? And how exactly do you go about getting one?
EPC´s basically measure the energy efficiency of a property and all landlords and property vendors are now required to provide these for tenants and potential purchasers to peruse. Indeed anyone planning on selling an apartment or house in Lanzarote should be aware that they will need to be able to produce this certificate from the moment their property is advertised – regardless of whether this results in a sale – or face risking a fine of up to €6,000.
Vendors should also note that they will not be able to complete any sale without an EPC as local Notaries are now unable to sign the deeds of the property without one. And estate agents in Lanzarote are also obliged to provide potential clients with a copy of the EPC along with other property details and information.
The new directive also applies to anyone who rents their property out to holidaymakers. It applies if the letting period exceeds four months in any given year or in cases where the total energy consumption exceeds 25% of the total annual consumption.
Similarly landlords renting out a property for more than four months of the year will also require an EPC. The only exemption to this new ruling are properties of less than 50m square which are totally detached.
What does an EPC Contain?
Essentially an EPC measures the energy use and carbon emissions of your property and makes recommendations for improvements on both of these fronts. Properties are then rated on an alphabetical scale from A to G.
How Much Do They Cost?
There is a sliding scale of costs dependant on property size. Bungalows and apartments measuring up to 100m2 will be charged around €150 or over €200 if they measure more than 200m2. Villas and houses cost over €300 to certify whilst commercial premises cost around €200.
Who Tests and Certifies Your Property?
There are a number of officially approved technicians now offering this service on Lanzarote.
What documentation do you need to provide?
Your escritura, household bills and personal identification.