Spring is generally the best time of the year to sell a property. With the days getting longer and the ambient context of a flourishing season associated with renewal, it encourages prospective buyers to visit listings, especially since the three months required between the signing of the compromise and the final sale deed will allow moving in during the summer period.
While this can generally be verified across the territory, winter sports resorts follow a different rhythm. Thanks to the tourist influx during the winter or summer season, sales are spread throughout the year. Winter, spring, and summer will be the best seasons to sell your property, while autumn could press some sellers to give in their property due to fewer requests. A law of supply and demand that may guide buyers to negotiate the purchase price, especially if the seller wishes to complete the sale quickly.
While a second home is, in most cases, subject to capital gains tax, the sale of a main residence is almost always exempt. However, there are different cases where capital gains apply, especially when the seller wishes to move and acquires a new main residence before the sale of their previous property is completed. The sale must be finalized within a reasonable period (about one year), provided that the property has not been occupied in the meantime, whether for free or for rent.
To be considered as a primary residence, the property must be the one occupied regularly "on December 31 of the income year." The tax benefits when acquiring a primary residence are numerous: exemption from capital gains tax on resale, bonuses, deduction or tax credits for energy-saving work (insulation, solar panels, geothermal...). A security for families wishing to invest in housing sustainably without being subject to rental leases, and an investment that will reflect in a succession to your children. Building assets can be important to secure your future and that of your children.
When purchasing a second home, it is essential to consider all the additional costs that need to be added to the purchase value. Besides certain works, annual charges must be added, but many laws (Pinel, Non-Professional Furnished Letting status, LMP law...) are in place to help you succeed in your real estate investment if you wish to make a rental investment.
You can find more information on the tax office's website
