Breaking News

4 new cases of Covid-19 on 26 Oct. brings total to 310: 8 hospitalised - 2 resident, 5 in ICU - 2 resident, 51 home monitored, 250 healed, 1 resident death

Bonus offered for home renovations

Bonus offered for home renovations

By Stephanie Horsman - September 30, 2020

The Monegasque government is encouraging owners and tenants to give their homes a make-over by offering a “renovation bonus” as part of the State’s plan for economic recovery.

The new subsidy is now available for individuals over the age of 65 who would like to replace a tired kitchen, revamp a bathroom, repaint their home, or do anything else that is required. Monaco-based contractors must be recruited to complete the works. 

The incentive equals 20% of the total cost with a cap at €2,000. The State will give the payment directly to the company chosen to complete a project, upon presentation of an invoice.

The government considers the incentive as two pronged: on the one hand, the construction projects will serve to improve the quality of life of residents, and on the other, they will help struggling local businesses.

Registration is a simple “one-stop shop” process by either downloading a link from the government’s website (click here) or by going in person to the Department of Social Action and Aid at 23 Avenue Albert II, located on the 2nd floor above the pharmacy in Fontvieille.

For more information, contact the Department of Social Action and Aid directly on +377 98 98 41 00 or email them at daso@gouv.mc

 

Photo by Monaco Life

 

 

shares
SHARE
Previous articleFlu shot takes on new importance
Next articleOld and unused books given new life

daily

October 27, 2020 | Business & Finance

Boosting business success

Cassandra Tanti

Minister of State Pierre Dartout inaugurated the 8th Monaco Business expo on Tuesday, an annual event dedicated to helping entrepreneurs do business in the Principality.

0
October 23, 2020 | Business & Finance

MEB not stopped by pandemic

Stephanie Horsman

The MEB has taken stock of a difficult year at its annual General Assembly meeting and discussed how it plans to help with economic recovery.  

0
October 21, 2020 | Business & Finance

Partnership boosts digital transition support

Stephanie Horsman

Actis and Docaposte are now official partners and ready to help Monegasque companies in their journeys to a digital transition with the new online platform mademat.mc.

0
October 21, 2020 | Business & Finance

Panthera Solutions secures 2nd European award

Cassandra Tanti

Monaco-based Panthera Solutions has again been named Best Financial Service Provider Europe, excluding banks, by the international magazine The European in its 2020 awards. 

0