pinel law

Focus on the Pinel law

The Pinel law is a tax reduction plan in case of purchase of new property for a rental commitment, which has for main characteristics a zero interest loan (abbreviated as “PTZ”) and a tax exemption plan. The tax reduction can be up to 63,000 euros (with, for example, an investment of 300,000 euros, for a rental commitment of 12 years). Specifically, the plan allows some owners to pay only 35 to 40% of the value of the property. Read More