Reduction of the Pinel Advantage and Introduction of Pinel+

Granted to investors who rent out a new property purchased or built in a collective residential building for a certain period, the tax reduction rates provided under the Pinel scheme are being lowered in 2023. Previously, the Pinel law allowed for a tax reduction of 12% over 6 years, 18% over 9 years, and even 21% over 12 years. However, starting April 1, 2023, these reductions will decrease to 10.5%, 15%, and 17.5%, respectively, for the same durations. They will drop again in 2024 to 9% for 6 years, 12% for 9 years, and 14% for 12 years, ultimately disappearing at the end of the year.

From January 1, 2023, investors can still benefit from full tax reduction rates if their newly acquired properties meet the criteria of the new Pinel+ scheme. These include compliance with the 2025 level of the RT 2020 standard, meeting environmental requirements, or adhering to certain standards for usability, such as having an interior space, dual exposure, or a minimum surface area.

For more information:

https://www.economie.gouv.fr/cedef/pinel-investissement-locatif

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