What is the Malraux device and who is it for?

The Malraux scheme is a tax mechanism created to encourage the preservation and renovation of historic real estate in France. Introduced by the Malraux law of 1962, it allows individual investors to benefit from a tax reduction when they renovate a property located in a protected area, while enhancing an exceptional architectural heritage.

Concretely, the Malraux is mainly aimed at:

Patrimonial investors wishing to combine tax exemption and asset formation.

Taxpayers seeking to significantly reduce their income tax.

Lovers of prestigious old real estate, located in historic districts or in Safeguarded Areas or Architectural, Urban and Landscape Heritage Protection Zones (ZPPAUP / AVAP).

The principle is simple: the investor buys an old property to renovate, carries out eligible works supervised by an architect from Bâtiments de France, and then benefits from a tax reduction calculated on the amount of the work. This reduction can reach up to 30% of catering expenses, within the limit of €100,000 per year.

Beyond the tax advantage, the Malraux law also allows to value a rare property in strategic locations, often in the city center, which guarantees a high rental potential and the possibility of building an exceptional real estate.

In summary, the Malraux device is aimed at those who wish to:

✅ Preserve an ancient and historic property.

✅ Benefit from an advantageous tax exemption.

✅ Invest in unique housing, often located in attractive and sought-after neighborhoods.