Real estate/ FINANCE
The Energy Act has been updated to include provisions to improve the energy efficiency of rental housing.
The energy law for rental housing has been updated. Landlords must now comply with energy standards. This may require renovation work to improve insulation, replace windows and doors, or install more efficient heating and cooling equipment. However, this can be expensive. Tax incentives and interest-free loans are available to finance the necessary work.
Some rental owners may consider selling their property rather than bringing it up to standard.
Selling your property may involve additional costs such as agency fees and taxes. It is crucial to take these into account before selling. To assess the advantages and disadvantages of selling versus upgrading, it is wise to consult a property expert.
Mélanie Bianchi, Director of Rental and Property Services at Consultants Immobilier, 1 place du Costa Rica Paris 16, advises rental owners to carefully plan the necessary works.
Upgrading to energy standards is a legal obligation for rental owners. There are tax incentives and interest-free loans available to finance the work to bring the property up to standard. However, some rental owners may consider selling their property rather than bringing it up to standard. It is therefore important to consult a property expert to assess the pros and cons.
This option and to obtain information on the potential costs associated with the sale of a property. Mélanie Bianchi, Director of Leasing and Property Services at Consultants Immobilier, can help rental owners understand the potential costs associated with selling their property and guide them in their decision.