Capital gains on a second home in Corsica
Corse Patrimoine Immobilier ·
A second-home sale may create a taxable capital gain. Adjusted sale and acquisition prices determine the gross gain, then separate holding-period allowances apply. Corsican location alone does not establish exemption.
Gross gain
Gross gain
The notary verifies qualifying costs, works and exemptions. Do not automatically deduct every expense; a principal and secondary residence are not the same general case.
Two holding-period allowances
Two holding-period allowances
Official BOFiP schedule: no allowance in years 1–5. Completed years 6–21: 6% yearly for income-tax base, 1.65% for social base; year 22: 4% and 1.60%. Beyond year 22: 9% yearly for social base through year 30. Income-tax base fully exempt after 22 years, social base after 30. Confirm legislation on the deed date.
Arithmetic illustration — not a client case
Arithmetic illustration — not a client case
Assume a €100,000 gross gain and ten completed years. Five allowance years: 5 × 6% = 30%, income-tax base €70,000; 5 × 1.65% = 8.25%, social base €91,750. These are tax bases, not tax payable. Costs, works, exemptions, special regimes and high-gain surtax are excluded.
Confirm the final amount
Confirm the final amount
Current tax rates, non-resident social rules and any additional tax need individual verification. This article does not calculate tax payable: applicable rates require verification for your situation. Ask your notary.
FAQ
Does Corsica automatically give exemption?
No exemption is assumed from location.
Are both bases equal after ten years?
No: this hypothetical €100,000 gain gives bases of €70,000 and €91,750.
Sources checked on 2026-10-25
- Service-Public — plus-value immobilière
- BOFiP — abattements (texte 18 juillet 2023)
- BOFiP — tableau officiel
- Impôts — plus-values
Ask your notary to confirm tax treatment and final costs for your situation.