What are the tax advantages of the Historic Monument scheme?

The main asset of the Historic Monument system is its fiscal power, often superior to other real estate tax exemption mechanisms such as Pinel or Malraux.

Main advantages

Full deduction of land charges (works, loan interest, taxes, miscellaneous costs) from overall income.

Absence of capping: unlike the Pinel law, tax niches do not limit imputation.

Reduction of the IFI: possibility to apply a discount on the declared value of the building.

Advantageous transmission: total or partial exemption from inheritance/gift taxes if the property is open to the public under certain conditions.

Example of tax savings

A taxpayer in a marginal tranche of 41% commits 200,000 € of work. The full deduction allows a tax saving of €82,000 (€200,000 41%).

Comparison with other devices

Pinel: capped and limited to rental investment.

Malraux: strong tax advantage but with a fixed reduction rate.

Historic Monument: more flexible and uncapped, ideal for very high incomes.

Obligations in counterpart

Conservation of the property for at least 15 years.

Accurate and regular tax returns.

Close control by the administration.

Conclusion

The tax advantages of the Historical Monument make it one of the most powerful devices in France. It is an essential solution for high-tax investors, eager to combine wealth and taxation.