Tightening of tax rules on furnished rentals such as Airbnb - The French government has announced plans to tighten the tax rules on furnished rentals such as Airbnb. France is faced with a severe housing crisis and the government is hoping that tightening of the current tax obligations on furnished properties, including seasonal rentals such as Airbnb, which are booming, would incite owners to favour traditional unfurnished rentals instead. In the draft finance bill, the government plans to make the rental of furnished properties by individuals much less tax-advantageous by removing a tax loophole. A measure that should bring in 200 million euros in 2025.
Meanwhile, the French government has recently launched a new paltform which is available to the public for free and allows homeowners and potential buyers to access property value estimations. The platform provides a range of useful information. It is possible to look at a specific address, or consult an interactive map with a list of properties for sale in each department. You can easily access information on the price and date of a sale for an existing house, apartment, or land as well as a full description of the property and the median selling price per square metre by city and region. For more information go to https://explore.data.gouv.fr/fr/immobilier?onglet=carte...
The prefect of the Alpes-Maritimes has made a legal challenge against new limits on large cruise ship moorings in Nice and Villefranche....
Read More
British Prime Minister Sir Keir Starmer and President Emmanuel Macron have announced a so-called "one in, one out" migrant deal aimed at reducing migr...
Read More
French comedian Bun Hay Mean, known as “le Chinois marrant,” has been found dead after an eight-story fall from his Paris apartment on the 10th of Jul...
Read More
French police have raided the headquarters of the far-right National Rally party as part of an inquiry into its campaign finances...
Read More
The massive wildfire near Marseille, which began on the 8th of July from a burning car on the A55, has burned over 700 hectares and destroyed or damag...
Read More
