Source: www.fblog.com. Posted on 20 June 2004.
At first sight the new laws this year about Capital Gains Tax (CGT) on the sale of your second home in France seemed to be very good news for owners.
The tax rate has been reduced from 33% to 16% and the time you have to own the house to get full tax relief is down from 21 years to 15 years.
If you are selling a property in France, you are required by law to make a CGT declaration.
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Provençal villa on Mas de Gigaro for rent
Résidence Les Marronniers is a Provençal villa, situated on the Presqu'île de Saint-Tropez on the French Riviera. It lies in a beautiful, unspoiled setting with a breathtaking, panoramic sea view. With its four bedrooms, three bathrooms and 175m² sun-drenched terrace, the villa comfortably sleeps 8 people.
“We came at the end of April when it is not too hot. We used the villa as a base to explore the area on the south coast. We went on day trips to Monaco, Nice, Cannes, Toulon, Marseilles and Aix-en-Provence.”
-- Family Becker
Learn more about the Résidence Les Marronniers.