The Pinel Law is in its final months and will come to an end on December 31, 2024. But until then, you can still take advantage of it and invest in one of our residential properties. [This program ended on December 31, 2024.]
The countdown has begun. But you still have until December 31, 2024, to take advantage of the tax breaks offered by this program. Villes et Villages has many apartments available across several residential complexes that qualify under the Pinel Law.
Take advantage of the Vefa and Pinel programs!
The program is simple. Are you looking to invest in real estate to prepare for retirement or build your wealth? The Pinel program allows you to purchase a new rental property while reducing your taxes for 6, 9, or 12 years. Discover our eligible projects:
CŒUR VILLAGE in Copponex (Zone B1), a luxury residence in a preserved setting.
RIVESUD in Sciez (Zone B1), a development between Thonon-les-Bains and Geneva.
THE DUO and LE TRIO, in Thonon-les-Bains (Zone A), an urban living environment.
PRECOSY in Villy-le-Pelloux (Zone B1), a rural, family-friendly setting.
PRESTIGE (Zone A) in Divonne-les-Bains, between Geneva and Lake Geneva.
What are the eligibility requirements for the Pinel Law?
The property must be new or under construction (VEFA). It must be part of a multi-unit residential building and located in an eligible zone (A bis, A, or B1) where there is high rental demand. Our residences meet these criteria. The Pinel investment must also comply with the following limits: a maximum of two investments per year for a total amount of 300,000 euros and a purchase price capped at 5,500 euros persquare meter. The property must be rented out for a minimum period of 6 years, subject to tenant income limits and a capped rent. These limits vary depending on the zone where the property is located.
Pinel and tax deduction
Under the Pinel investment scheme, the amount of the income tax reduction depends on the purchase price of the property and is proportional to the length of the rental commitment. The maximum reduction is 14% for a 12-year rental period. The tax reductions and amounts are as follows, depending on the length of the rental period:
- 6 years: a 9% reduction, up to a maximum of 27,000 euros.
- 9 years: a 12% reduction, up to a maximum of 36,000 euros.
- Aged 12: a 14% reduction, up to a maximum of 42,000 euros.
To build a secure, long-term financial future while taking advantage of tax benefits, come meet with us. Whatever your situation, we’re sure to have the apartment that’s right for you!
