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 fornew 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