Funding Scheme for Upgrading Hotels and Tourist Accommodations in Rural, Mountainous, and Remote Areas for the Modernization and Enhancement of the Competitiveness of the Tourism Product

  • Grant Amount: Up to €300,000 (de minimis)
  • Additional support with a maximum amount of €500,000 for small and medium-sized enterprises, with a grant rate of 20% and 10%, respectively.

 

Objectives of the Scheme

The scheme aims to upgrade hotels and tourist accommodations in rural, mountainous, and remote areas to modernize and enhance the competitiveness of the tourism product through:

  • The enrichment, modernization, and quality enhancement of the provided products and services.
  • The creation of new products and services related to alternative forms of tourism, catering to seasonal needs and specific characteristics.
  • The modernization of services through digital upgrades.

 

Scheme Characteristics

  • Total Budget for 2025: €3,000,000
  • Grant Amounts:
    • Individuals and legal entities: €300,000 (“de minimis”)
    • Additional support up to €500,000 with a grant intensity of:
      • 20% for small enterprises
      • 10% for medium enterprises
  • Retroactive Eligibility for Expenses: Eligible expenses are considered from November 1, 2023, onwards.
  • Minimum Investment Amounts:
    • €7,000 per enterprise for Traditional Buildings and Tourist Campsites
    • €30,000 for all other categories of Hotels and Tourist Accommodations
  • Submission Deadline: Until April 30, 2025, or until the available budget is exhausted.

 

Beneficiaries

Entrepreneurs managing hotels or tourist accommodations in eligible geographic areas. The grant intensity is as follows:

  • 75% of the total cost for Mountainous, Border, and Remote Areas
  • 65% of the total cost for Rural Areas
  • 50% of the total cost for Other tourism-disadvantaged areas
  • 85% of the total cost for Special State Support Areas

 

Eligible Expenses

  • Digital upgrades
  • Building renovations and energy upgrades
  • Creation of new infrastructure and services to enhance the provided products and services (e.g., wellness spaces, conference rooms, sports facilities).
  • Conversion of tourist accommodations into hotels
  • Consultant and expert fees, including the development of Business Plans

 

Non-Eligible Expenses

  • The purchase/installation of used equipment
  • Interventions in non-approved spaces based on building permits
  • Construction of new beds
  • Operational expenses, running costs, and consumables
  • Permit fees
  • Purchase or rental of artworks, paintings, or other valuable items
  • Value Added Tax (VAT)
  • Purchase of motor vehicles
  • Costs for online advertising

 

Requirements

  • Valid classification from the Deputy Ministry of Tourism by March 14, 2019.
  • Operating license and valid classification at the time of application submission.

Are you interested?