Details.
Investment in eligible property restoration can provide an income tax reduction of 22% or 30% on certain expenses, depending on the area where the rehabilitated property is located. The reduction is excluded from the overall tax relief cap for expenses paid or investments made from 1 January 2013. Eligible expenses are subject to an annual limit of 100,000 EUR, and the property must generally be rented for 9 years as the tenant's main residence.
