Investing in new real estate has many benefits but may seem difficult at first. However, the advantages are numerous and there is no shortage of projects in which to invest, such as this new real estate program in Tours.
The security of your investment
Unlike old real estate which often requires costly renovation work, new real estate benefits from the latest advances in terms of insulation and thoughtful design for optimal energy performance.
Another major difference with old real estate, you benefit from the Builder's guarantee. Indeed, in the event of a possible construction defect or a hidden defect, the charges and procedures are borne by the promoter for several years. So, no additional stress for you!
Tax benefits
Investing in new property always represents a significant expense, but it will always be more attractive than in old real estate. By focusing on new real estate, you can benefit from partial tax exemption on your purchase thanks to the Pinel system. Since 2014, this system has provided a tax deduction ranging from 12 to 21% of the price of housing, for a minimum rental period of 6, 9 or 12 years. In the case of furnished apartments and non-professional furnished rental companies, the Censi-Bouvard law also makes it possible to recover real estate VAT as well as to benefit from a tax reduction of up to 11% of the amount of the investment for 9 years of rental.
However, if you want to invest outside a Pinel area (tight areas) or if you plan to live in the accommodation in which you are investing, it is quite possible to do so but you will not benefit from as many tax advantages.
A lasting heritage
Since humans will always need housing, there is no fear that real estate will disappear one day. Investing in new real estate therefore represents a safe bet and the guarantee of a heritage that will last over time. Old real estate can hold unpleasant surprises after a few years for an owner. Real estate is a safe haven, it is stable and trending up. With the guarantees mentioned above and the stability of real estate, you can be confident in your investment.
Invest on credit
It is possible to invest on credit in new with a mortgage. This allows you to borrow the necessary amount and repay all or part of the monthly payments with the rents. One of the two advantages of this method is to provide a reasonable savings effort while ultimately having a real estate asset. The other is to be able to allow you a larger acquisition than by drawing on your personal savings via the leverage effect of credit.
The rental income
If despite everything you want to ensure the profitability of your project, it is possible to rent your property. Once your mortgage has been repaid, you will receive gross rents that can benefit from a reduction of 30% or 50% for non-professional furnished rental companies. You therefore limit your taxation on property income.
An attractive energy and ecological bill
By choosing new real estate, you ensure that you have a property that complies with the latest ecological standards. In the current context of the energy crisis, these new constructions benefit from better insulation and therefore less heat loss. They are therefore a way to reduce the bill and to be part of an environmental approach which will not fail to attract potential tenants fleeing energy sieves.
Reduce notary fees
Notary fees are to be added to the sale price of the property you are targeting. Whether old or new, they are used to cover the cost of administrative procedures, the remuneration of the national office and taxes. On the other hand, new real estate benefits from financial advantages concerning notary fees, in addition to a generally lower purchase price. These costs are reduced for the purchase of a new property and represent 2 to 3% of the purchase price compared to 7 to 8% for the old one.