When you sell your real estate (apartment, house, land...), you realize, most of the time, a capital gain from your property.
A capital gain is the difference between the purchasing price of your property and the sale price of the property (excluding real estate agency fees), eventually it is the gain of your resale.
The latter may be exempt from tax:
- The best known case is the sale of your principal residence. However, there is a second one, in the case of the sale of your secondary residence, the sale of which will be used to finance your principal residence ;
- On the date you sell your property, if you have held it for more than 30 years ;
- If your property is sold for less than €15,000,00 ;
- Depending on your situation (retired, disabled...) provided you meet certain conditions.
Otherwise, the tax amounts is 36.2% in the case of the sale of a secondary residence held for less than 30 years.