What tax is payable on capital gains from a second home in Corsica?

19 % income tax and 17,2 % social levies, totalling 36,2 % of the net capital gain, plus a surcharge of 2 to 6 % where the taxable gain exceeds 50 000 €.

After how many years is no capital gains tax payable?

Full exemption applies after 22 years of ownership for income tax and 30 years for social charges.

Which tax regime should you choose for holiday letting in Corsica?

The actual-expenses regime is usually the better option where there is a mortgage, renovation work or a property management service: depreciation of the property and deduction of expenses generally offset the tax for several years. The micro-BIC simplified regime remains relevant for occasional letting with no expenses.

Should you have your furnished holiday let officially graded?

Yes, in the vast majority of cases: the classification provides access to a more favourable allowance under the micro-BIC tax regime, enhances the listing on platforms and costs a few hundred euros for five years.

Is taxe d'habitation still payable on a second home in Corsica?

Yes. The abolition only applied to main residences: taxe d'habitation, the French residence tax, remains payable on second homes, with a possible municipal surcharge in areas of high housing demand.

Does the surcharge apply everywhere in Corsica?

No, only in communes designated as high-demand housing areas that have voted for the surcharge. This must be checked commune by commune, with coastal areas most affected.

At what threshold does property wealth tax (IFI) become payable?

As soon as the household's net taxable property assets exceed €1 300 000 on 1 January. The rates then apply in bands starting at €800 000.

Does a second home in Corsica fall within French property wealth tax (IFI)?

Yes, at its market value on 1 January, with no allowance — only a main residence benefits from the 30 % allowance.

Wealth planning guides

Property tax in Corsica

Capital gains on resale, furnished lettings, local taxes, property wealth tax (IFI) and asset transfers: the rules that actually apply to property on the island.

Value my property

Property capital gains

36,2 %

19 % income tax + 17,2 % social levies, before relief for length of ownership.

Full exemption

30 years

Ownership period required for full exemption.

Property wealth tax (IFI) threshold

1,3 M€

Net taxable property wealth as at 1 January.

Notary fees for an existing property

≈ 7 to 8 %

Transfer taxes and regulated fees on a resale property purchase.

Guides

Capital gains on a second home

The resale of a second home in Corsica is subject to tax on the capital gain, unless an exemption applies. Understanding ownership-period allowances and deductible costs can often make a difference of several tens of thousands of euros at completion.

Read the guide

LMNP status and furnished letting

In Corsica, seasonal furnished letting often generates two to three times the income of unfurnished letting. The choice of tax regime — micro-BIC (simplified business income taxation) or actual expenses — determines what is really left after tax.

Read the guide

Local taxes and second homes

Second homes remain subject to taxe d'habitation (French residence tax), often with a surcharge on the Corsican coast, and rising taxe foncière (property ownership tax). These charges directly affect the profitability of a holiday property.

Read the guide

Property wealth tax (IFI) and asset transfers

Properties on the Corsican coast easily exceed the threshold for IFI, France's property wealth tax. An accurate valuation, appropriate ownership structure and advance inheritance planning help avoid an unmanaged tax burden year after year.

Read the guide

Second home, letting or passing on the property: clarify the intended use

Tax treatment depends on your circumstances, the property's use and the project dates. Distinguish between the purchase, rental income and the transfer of ownership; have the current rules and any local resolutions checked before deciding.

For your local project, see the recorded property sales (DVF) in Porto-Vecchio, the steps involved in buying in Porto-Vecchio or selling in Porto-Vecchio. Also compare listings and areas in Bonifacio and the property market in Lecci.

To distinguish between the procedures: acquisition costs · inheritance and joint ownership · loi Littoral · property taxation.

Official sources consulted on 25 October 2026: Notaires de France · Service-Public, inheritance · Géoportail de l’urbanisme planning portal · DGFiP. The rules applicable to your circumstances must be confirmed; the agency is not affiliated with a notary’s office.

Guides

Second home, letting or passing on the property: clarify the intended use

Property tax in Corsica

Guides

Capital gains on a second home

LMNP status and furnished letting

Local taxes and second homes

Property wealth tax (IFI) and asset transfers

Related topics

Second home, letting or passing on the property: clarify the intended use

Property tax in Corsica

Guides

Capital gains on a second home

LMNP status and furnished letting

Local taxes and second homes

Property wealth tax (IFI) and asset transfers

Related topics

Second home, letting or passing on the property: clarify the intended use

Fiscalité : the most viewed communes

Our analysis fiscalité

Capital gains on a second home in Corsica

Second homes in Corse: Council Tax, Capital Gains, and 2026 Taxes Explained

A project involving fiscalité?

Tax