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Taxation Laws  :

Historic properties offer very attractive tax reductions for those who pay income tax in France. The French laws called ‘Loi Malraux” and “Loi Monument Historique” allow the taxpayer, subject to conditions, to deduct the sum invested in restoration work from your gross income. This is an advantageous and long-term way to participate, jointly with the French State, in the preservation of France’s heritage and thus to part of the World’s heritage.

 

Discover historic real estate :

The refurbishing of entire historical buildings in France is still rare, even though some building contractors have begun to specialise in refurbishing castles, seminaries, hospitals, royal warehouses or barracks, as well as ancient buildings in historical neighbourhoods of many cities and towns. Some sites are categorized by the French government as “Malraux” neighbourhoods, and others may be already scheduled as “Monuments Historiques”. Some sites may also have UNESCO World Heritage designation.

Highly skilled craftsmen work hand in hand with “Architectes des Bâtiments de France” on restoration projects.  Entire buildings are thus renovated and usually divided into apartments. The share of the historical building you acquire is, at first, usually in serious disrepair; but, by the time restoration work is completed, you can move into a beautiful apartment, refurbished by the book, in accordance with the most demanding historical guidelines. Moreover, in its final form, the asset will offer the characteristics and comfort of a state-of-the-art new apartment, in a magnificent historical setting.

 

 

 

 

 

 

legals informations