What is an Energy Certificate?
If you are considering buying, selling, or renting a property, you have likely heard about the Energy Certificate. But what exactly is this document, and why is it so important in the real estate market in Portugal? Let’s clarify all your doubts.
What is an Energy Certificate?
The Energy Certificate is an official document that assesses the energy efficiency of a property. This certificate is issued by qualified and accredited experts from the Energy Agency (ADENE) and assigns each property an energy rating, ranging from “A+” (very efficient) to “F” (inefficient). This rating allows the owner, buyer, or tenant to know how much energy the property consumes, as well as its carbon dioxide (CO2) emissions.
Why is it Important?
Legal Requirement: Since 2013, it has been mandatory to present the Energy Certificate whenever a property is put up for sale or rent in Portugal. Without this certificate, the property cannot be legally transacted.
Energy Efficiency: The certificate provides a clear view of the property’s energy performance, helping potential buyers or tenants make informed decisions. A property with a good energy rating can mean lower energy costs over time.
Property Value: Properties with better energy efficiency tend to be more valued in the market. A good rating can attract more interest and even justify a higher selling or rental price.
Improvement Recommendations: The Energy Certificate also includes suggestions for improvements that can be made to enhance the property's energy efficiency, which can help reduce energy costs and improve the comfort of the space.
How is it Obtained?
To obtain an Energy Certificate, you need to hire a qualified expert who will visit the property to assess various aspects, such as insulation quality, window types, and heating and cooling systems, among others. Based on this assessment, the expert will assign an energy rating and issue the certificate, which will be valid for 10 years.
Conclusion
The Energy Certificate is an essential document in the process of buying, selling, or renting properties in Portugal. Besides being a legal requirement, it offers a clear view of a property’s energy efficiency, influencing both its market value and operational costs for occupants. By obtaining this certificate, you are contributing to a more transparent real estate market and a more sustainable future.
If you are considering transacting a property, don’t forget to check its Energy Certificate — it could make all the difference!