The property tax observatory, which depends on the National Union of Real Estate Owners (UNPI), calculates these figures from government data over the period 2013-2023 and affirms that owners are subject to an average property tax rate. of 40.36% in 2023, above 40% for the first time.
If this surge is linked to the elimination of the housing tax on main residences, which has pushed many municipalities to increase property tax levies, and to the multiplication of additional taxes, it is mainly due to the increase in property values. rental properties, which serves as the basis for calculating the property tax.
The rental value corresponds to the theoretical annual rent level if a property were rented, and its amount is revalued each year to keep up with inflation. Thus, rental values increased by 14.8% on average between 2018 and 2023 and account for three quarters of the increase in property taxes over this period. For the period 2013-2023, rental values represent two thirds of the increase in property tax. In 2024, property tax, which must be paid this month, will increase by an average of 4.9% in the 200 largest cities in France.
