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Rental investment: The DUFLOT scheme

Investment in real estate information

Created since January 1, 2013 to replace the "Scellier", it benefits taxpayers who acquire or build a new or similar housing between January 1, 2013 and August 31, 2014. As of September 1, 2014, the investment becomes "DUFLOT PINEL". This scheme is renewed until December 31, 2021.

These are natural persons domiciled in France who are subject to income tax on all their income from French or foreign sources. The investment can be made directly or through a company not subject to corporate income tax.

The buildings concerned
Eligible housing must :

  • - Respect a level of global energetic performance;
  • - Be rented as a principal residence for at least 9 years;
  • - Be located in municipalities classified in zones with an imbalance between housing supply and demand (zones A, A bis, B1 and B2 upon approval).

As of investments made since January 1, 2018, zones B2 and C are excluded from the PINEL scheme subject to transitional measures: the PDC application must have been filed before 12/31/2017 and the final acquisition must take place by 12/31/2018.

Obligations of the lessors
The tenant may be a natural person (other than a member of the owner's tax household or an ascendant) or a legal entity subject to corporate income tax.
The monthly rent per m2 excluding charges (corrected using a multiplier) as well as the tenant's resources must not exceed certain limits set by decree.

The tax reduction of 12%, 18% or 21%
It is calculated on the cost price of the property within the limit of a ceiling per square meter of living space. This ceiling is set by decree and is up to 300 000 €.
The reduction is spread over the duration of the commitment to rent (6, 9 or 12 years), and reduces the income tax payable by the landlord.
The advantage is granted for the acquisition or construction of two homes per year.