French property news is the leading UK based publication focussing property in France. This article talks about the market and the election of Emmanuel Macron as the new French president
The article includes comments from Home Hunts and some really interesting facts and figures about the market
Tim Swannie, Director of Home Hunts says, “The property market has been improving throughout France for the past couple of years and his government will want to build on this. Macron is committed to reducing some of the taxes for property owners and simplifying the fiscal framework in France. He is unlikely to reduce the capital gains tax but has promised to bring in a certain number of changes. These include the exemption of the annual taxe d’habitation, which the majority (80%) of households pay, reducing dramatically the wealth tax paid each year and simplifying rental contracts.”