ABSTRACT
In recent decades, the issue of existing buildings’ energy retrofit has played a central role in the context of international and national territorial development policies, mainly due to the obsolescence state that characterizes the housing stock. Since the current need for energy renovation collides with the widespread low spending capacity of the owners, in recent years numerous fiscal incentives have been envisaged, aimed at promoting building initiatives for the improvement of energy performance indices. With reference to the Italian fiscal measure so-called Superbonus, introduced by the “Relaunch” Law Decree No. 34/2020, in the present research, a model for evaluating the economic benefits, in terms of the convenience of the operators involved, generated by energy requalification interventions, has been proposed. The analysis has been developed with regards to the Italian territory and to the prevailing building typology, by considering 110 provincial capitals and the main urban areas into which each city is divided (central, semi-central, and peripheral). Specifically, for each urban area of the Italian capitals considered, the market value differential between the after energy and before energy intervention situations has been firstly determined. Furthermore, assuming an ordinary profit margin of a generic investor interested in this type of investment, the break-even incentive, i.e., the percentage threshold able to ensure the condition of minimum convenience for an investor, has been estimated for each urban area.