THE OBJECTIVES OF THE MALRAUX SYSTEM

  • Build up exceptional heritage due to its history
  • In the heart of the city
  • Make this investment through a loan with or without a contribution
  • Protecting your family through ADI (death and disability insurance)
  • Benefit from all the advantages of a new home, once the rehabilitation is complete
  • With the possibility of sharply reducing taxes (for residents in France)
  • Resale possible 9 years after delivery.



MALRAUX - CONDITIONS

Type of property Building located in a Remarkable Heritage Site (SPR) classified and covered by an approved Safeguard and Development Plan (PSMV)
Mechanism and advantages 30% tax reduction of the amount of rehabilitation work Excluding the global cap on tax loopholes If IR < tax reduction: surplus carryforward 3 years
Calls for works funds are linked to the actual progress of the works (VIR)
Ceiling and limits Sliding ceiling of € 400,000 for works spread over 4 years for all Malraux operations combined
Duration of the tax exemption operation: expenses give rise to a tax reduction when they are paid before the end of the 3rd year following the issuance of the building permit
Obligations Bare rental of the property for 9 years
For housing: rental in main residence (excluding ascendants, descendants), without ceiling of tenant resources nor rent ceilings
Withholding at source No change Refund of tax benefit in N + 1
Implementation of the tax advantage The work carried out will generate a tax reduction refunded in September of the following year
Heritage interest Be the owner of a property located in a remarkable protected heritage site, in the heart of the most beautiful cities in France