Homepage Real estate investment with excellent roi on the french riviera

Real estate investment with excellent roi on the french riviera

Pinel Scheme

Pinel scheme allows french taxpayers who purchase a newly build or off plan property to benefit from a reduction in their income tax. In order to benefit from the advantage from the tax scheme, investors should comply with the following conditions.

CONDITIONS

  • Buy an off plan property till end of 2020
  • Rent the property for 6 years, 9 years or 12 years 
  • The ceiling of calculating the tax reduction is 300 000 €
  • Housing must be rented within 12 months after the delivery of the building 
  • The rent can not exceed limit of law
  • The building must meet the energy, the thermal regulations and the economic french standards


ADVANTAGES

  • Possibility to buy with a loan
  • Rent can cover the monthly mortgage repayment
  • Income tax is reduced partially or totally during 6 years, 9 years or 12 years 

New Developments in France

The off plan sale process is strictly regulated by French law

KEY FEATURES

  • 2.5% reduced buying costs for new buildings (compared to 8% for resale properties)
  • Stage payments
  • Construction warranties
  • A property up to latest standards
  • Certificates of technical quality
  • Low maintenance costs
  • Good capital appreciation

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