Good news for many tenants and home owners in Nice as new mayor announces tax reduction
A drop in taxe foncière and taxe d’habitation can be expected in September
Eric Ciotti says reducing property tax will be his first official measure as mayor of Nice
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Nice’s newly elected mayor, Eric Ciotti, has announced that his first official measure will be to reduce property tax, positively impacting renters and homeowners.
The municipal council will be meeting on April 24 to “scrap the 2024 taxe foncière [property owners’ tax] increase, which represents a rise of nearly 25%,” Mr Ciotti said during an interview on BFMTV on April 1.
The right-wing politician estimated this will mean a saving of around €200 for owners of a three-room flat in the city centre.
Tenants should also benefit from these measures as relevant taxes are usually included in the service charges which go towards the price of rent.
Mr Ciotti also announced a reduction in taxe d’habitation for second homes in Nice.
Millions of homes elsewhere in France face higher property tax
Municipal councils across France have been given the power to raise property tax bills on the assumption that millions of homes have had undeclared ‘comfort features’, such as baths.
Around seven million homes - representing roughly a quarter of all houses and 15% of flats – are estimated to be affected if mairies give the go-ahead, which many are expected to do.
The average rise is estimated to be €63 per year and would apply from 2027 bills. The average tax bill for a house in France is currently around €1,100.
