Rental investment: what are the devices?

Verified 15 April 2026 - Public Service / (Prime Minister)

You benefit from a tax advantage if you make a rental investment. The benefit depends on when you make that investment. The dwelling, new or old, must be rented empty, as a principal residence, under certain conditions. We tell you the main information to know.

Tableau - Comparison of rental investment schemes
Device Name	Denormandy	Loc'Avantages	Accommodation Recovery (also known as the « tax status of the private lessor » or « Jeanbrun scheme »)
Type of dwelling	Older with works of enhancement or transformation representing at least 25% of the total cost	Recent or former, with or without works	New, or old with works (heavy rehabilitation) In collective building
Subscription period	Until 31 December 2027	Until 31 December 2027	Until 31 December 2028
Location in restricted areas	Yes (in some municipalities only)	Yes (according to agreement with theAnah)	No
Tax advantage	Tax reduction	Tax reduction (variable according to the level of rent)	Deduction of land income (in case of land deficit, charging within the usual limits)
Duration of the rental	Initial commitment of 6 or 9 years (renewable for 3 years)	6-year commitment	9-year commitment
Rent limits	Yes, different depending on the location of the housing (the same as for the Pinel device)	Yes (3 levels to choose from: intermediate, social, very social)	Yes (3 levels to choose from: intermediate, social, very social)
Resource limits for the tenant	Yes, different depending on the location of the housing (the same as for the Pinel device)	Yes	Yes
Cumulation with another device	Yes with Pinel for another accommodation (up to 2 for the same year)	No	No
Overseas investments	Yes, with specific rules	Yes, with specific rules	Yes
Overall cap on tax loopholes	Yes	Yes	No
Particularities	Compliance with energy performance criteria	Compulsory signature of an agreement with theAnah Compliance with energy performance criteria Increased tax benefit in case of of rental intermediation.	Annual deduction limit by tax home (€8,000 in general) Rental to a relative prohibited.

Several rental investment schemes can no longer be subscribed.

This applies to the following devices:

Pinel device (since 1^er January 2025)
Affordable Rent Device (since March 2022)
Duflot device (since September 2014).

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