9.1.1.3. Concept of home renovation
For the purposes of the deduction for the purchase of a home, the works in the home are considered to be rehabilitation, which meet any of the following requirements:
- That have been classified or declared as protected in the area of home rehabilitation.
- That are designed to rebuild the property by consolidating and processing structures, façades or roofs and similar, provided that the overall cost of the renovation operations exceeds 25 per cent of the purchase price if this has been carried out during the two years prior to 100 Start of renovation work or, otherwise, the market value of the property at the time of the start. For these purposes, the proportional part corresponding to the land will be deducted from the purchase price or market value of the property.