The new PInel Law on Investment Property

From 1 September 2014 the Pinel Law (Loi Pinel) replaces the LOI DUFLOT in connection with Investment Property for Rental. How does the Loi PINEL work? Who can benefit from it?

 

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The new rules on tax exemption

Since 1 january 2011, the Pass Foncier (Property Pass) and tax relief on mortgage interest have been replaced by the Prêt à taux zéro renforcé (Reinforced Zero Rate Loan), also known as PTZ+. Open to all first-time buyers with no income restrictions.

 

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Historically low interest rates

Can mortgage interest rates go any lower? In October 2014 interest rates agreed on loans contracted to finance property were 2.5% on average.

 

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Why buy a new-build apartment?

Buying new-build you can enjoy many advantages. New property can bring savings compared to old-build, e.g reduced solicitor's (Notaire) fees. But that is not the end of it. On the contrary.

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