Rental Property Investment: What You Need to Know About the New Housing Revival Scheme
To increase the number of available housing units in France, a new tax incentive scheme has been introduced: the “Housing Revival” scheme (also known as the “Jeanbrun” scheme).
How does it work? Who can benefit from it? Under what conditions? Here are the answers.
- What is the “Housing Revival” (Jeanbrun) scheme?
- Who can benefit from this scheme?
- Which properties are eligible under “Housing Revival”?
- What conditions must be met to qualify?
- What can you deduct from your rental income?
What is the Housing Revival (Jeanbrun) Scheme?
“Housing Revival”, also referred to as the “Jeanbrun” scheme, is a new initiative designed to encourage taxpayers to purchase residential property for rental purposes.
Its objective is to quickly increase the supply of housing available throughout France, including the overseas territories.
This tax incentive, introduced under the 2026 Finance Act, will be available for the next three years.
Who Can Benefit from This Scheme?
The “Housing Revival” scheme is open to all private individuals wishing to invest in rental real estate, with no income restrictions.
Which Properties Are Eligible Under Housing Revival?
The scheme applies to multi-unit residential buildings and covers:
- new residential properties;
- existing residential properties, provided that at least 30% of the purchase price is invested in renovation works.
Please Note
Eligible acquisitions must take place between 21 February 2026 and 31 December 2028.
What Conditions Must Be Met to Qualify?
In addition to the property-related requirements, several conditions must be satisfied:
- the property must be rented unfurnished as the tenant’s principal residence for a period of nine years;
- rental income ceilings (intermediate, social, or very social housing levels) must be respected;
- renting the property to a close family member is prohibited.
What Can You Deduct from Your Rental Income?
Under the “Housing Revival” scheme, if you purchase an apartment for rental purposes, you may deduct from your rental income:
- a portion of the property’s purchase price;
- all expenses related to the rental activity, including renovation works, mortgage interest, and property tax.
Please Note
The “Housing Revival” scheme allows:
- up to €12,000 per year in depreciation deductions;
- up to €10,700 per year in deductions against other taxable income (salary, retirement pension, etc.).
If you would like further information about the “Housing Revival” tax incentive scheme, please do not hesitate to contact our Law Firm.
Med venlig hilsen / Kind regards
Cabinet Nicolas BRAHIN
Advokatfirma i NICE, Lawyers in NICE
Camilla Nissen MICHELIS
Assistante – Traductrice
1, Rue Louis Gassin – 06300 NICE (FRANCE)
Tel : +33 493 830 876 / Fax : +33 493 181 437
Camilla.nissen.michelis@brahin-avocats.com
www.brahin-avocats.com
