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20,000 vacant homes soon available for rent in Paris thanks to this new tax!

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The Editor

The City of Paris is taking a new step to try to tackle the housing crisis that has been happening for several years. On July 18th, the Paris Council adopted a tax on vacant homes. What does this mean? That owners of unoccupied homes will have to pay higher taxes. The goal: to encourage them to put their properties on the market.


Up to 60% extra tax

The concept? If a property has not been occupied for at least a year in a city where supply and demand are unbalanced, the owner will be subject to a surtax based on the rental value assessed (annual rental value): 17% in the first year, 34% from the second year onward — starting January 1, 2027. These rates can be raised to 30% and 60%, as is the case in Paris.


Initiatives to combat vacant housing in Paris

In Paris, nearly 140,000 properties are unoccupied according to Insee, which accounts for 10% of the capital's housing. However, this new tax aims to...

Some are a bit puzzled: in place since 1999, it has been revised many times without really affecting the evolution of the rental market.

Other measures are being put in place to try to combat this vacancy. The City of Paris especially offers to assist property owners in renting or selling their property through various programs: Louez solidaire and Sans risque, ANAH, or even ADIL 75.