Real estate advice and news

PTZ, LMNP, Gifts: What France’s 2027 Draft Budget Means for Real Estate

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October 6, 2026

3 min

PTZ, LMNP, Gifts: What France’s 2027 Draft Budget Means for Real Estate

Presented on 1 October, France’s 2027 Finance Bill contains several provisions that could directly affect the real estate sector, including changes to the PTZ interest-free loan scheme, amendments to the taxation of LMNP furnished rentals, and measures concerning certain gifts. At this stage, however, none of these provisions should be regarded as definitively adopted.

Louis falce

Négociateur immobilier

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