How to Invest in the Malraux Law? A Complete Guide to Heritage Property Investment
The Malraux tax incentive allows high-income investors to benefit from a significant tax reduction in exchange for restoring a historic or protected property. Investing under the Malraux Law is ideal for those wishing to acquire a character property in a preserved sector while optimizing their tax burden.
The Malraux Law: A Powerful Tool for Restoring Heritage Real Estate
Created in 1962, the Malraux Law encourages the restoration of historic buildings located in protected areas. The reduction applies to the renovation works:
-
22% in AVAP or ZPPAUP areas
-
30% in safeguarded sectors or degraded historic districts
Since 2017, the tax benefit is spread over 4 years, up to €400,000 in eligible works, representing up to €120,000 in tax reduction.
Eligible works include full renovation, roof reconstruction, common areas, demolition, attic conversion, and management fees.
Location Rules and Administrative Framework
All works must be approved by Architectes des Bâtiments de France. Restoration must be declared in the public interest unless the property is located in a Remarkable Heritage Site (SPR) under a PSMV or PVAP.
To identify the best opportunities, consulting a wealth management specialist is recommended.
Rental Conditions to Benefit from the Malraux Law
Once restored, the property must be rented within 12 months, for at least 9 years.
Unlike the Pinel scheme:
-
No rent caps
-
No tenant income requirements
Choosing a property in a city with over 50,000 inhabitants ensures strong rental demand.
VANEAU Immobilier
Tel : 01 48 00 88 75
contact@vaneau.fr
Powered by Google Translator