What are the rental and commitment conditions to benefit from Malraux?

The Malraux system is very attractive for investors, but its effectiveness depends on precise rental and commitment conditions. Understanding these rules is essential to fully benefit from the tax reduction and avoid mistakes.

1. Duration and type of rental

To enjoy the Malraux:

The property must be rented for at least 9 years from the end of the work. This minimum duration makes it possible to secure the tax reduction in the long term.

The rental must be bare, that is to say unfurnished. The scheme does not apply to classic furnished rentals.

This obligation ensures that the restored property is permanently integrated into the rental stock and preserves its vocation as housing rather than as a second or tourist residence.

2. Commitment to the work

The work must be completed within three years of purchase.

They must comply with the specifications set by the architect of Bâtiments de France, with an emphasis on heritage preservation.

⚠️ Failure to comply with these commitments results in the loss of the tax reduction and may generate tax penalties.

3. Rent and rental conditions

Unlike other schemes such as the Pinel, the Malraux does not set rent ceilings or resources for tenants. The investor can rent at a market price, which allows for better profitability. However, the rent must remain reasonable and justified by the local market.

4. Tax optimization

The Malraux tax reduction is calculated on the amount of eligible work, and not on the purchase price of the property. To maximize the tax advantage:

Split the work over several years.

Prioritize works that increase both the heritage value and the rental attractiveness of the property.

5. Transmission and resale

If the investor resells the property before the end of the 9-year lease, the tax reduction obtained may be questioned. On the other hand, the property can be transferred as part of a succession or a donation without losing the tax advantage, provided that the property remains in compliance with the restoration commitments.

In conclusion, the Malraux scheme combines tax exemption and asset valuation, but it requires a serious commitment in terms of work and rental. Respecting these conditions is essential to fully take advantage of this unique opportunity.