Did you know ?

The purchase of a French historic monument is a noble choice because it is often accompanied by a true passion for architectural art and renovation. Indeed, the lovers of historic properties who wish to give a new life to beautiful buildings of the past are driven by a devouring passion: it is a question of giving of their person, their time and their money. Fortunately, these people are helped by the State since it should be known that the expenses of maintenance, restoration of the property as well as the interests of loan having been used for the acquisition of the property or its renovation are deductible at 100 % of the land income. Even the deficit generated by the restorations is deductible from the global income and this without any ceiling

 This is a very important element for people who wish to become owners of listed buildings. In the longer term, these properties also have a different status regarding inheritance, in fact, the donation or transmission of a classified historical monument is exempt from inheritance tax for the part of the estate concerning the said property. Classified properties are therefore subject to a very interesting tax advantage but may still be subject to the tax on real estate wealth (IFI).

Find some properties classified as French historical monument in Midi-Pyrénées in our luxury agency Immobilier Chavanne Sotheby's International Realty, like this beautiful medieval castle, full of history and renovated in the nineteenth century. With a property arranged in 3 houses: the castle of family conception, two reception rooms, and finally a large cottage of 150 m2 and a second small cottage. The whole making a living space of 715m2. 

(source: proprietes.lefigaro & servicepublic.fr)