The 2026 maneuver introduces significant changes to the real estate sector, a development that merits close attention. These measures aim to support both property owners and renters amidst an evolving economic landscape.
As we examine these changes, it is essential to understand their potential impact on market dynamics and the
opportunities they present for investors and tenants alike.
Significant alterations in rental taxation
A key update within the reform relates to the flat tax rate, commonly known as cedolare secca. For individuals renting out their first property, this rate remains favorable at 21%, even when managed through online platforms. However, for owners with a second rental property, the tax rate increases to 26%. This adjustment indicates that, starting
from the third property, rental income will be classified as a business activity, leading to different tax implications.
As the trend of online rental platforms continues to rise, it is crucial for landlords to stay informed about these new regulations. The growth of short-term rentals has transformed the rental landscape, making adherence to tax rules essential to avoid penalties. The distinction between residential renting and business activities is particularly relevant for those managing
multiple properties.
Incentives for property renovation
Another aspect of the 2026 budget law is the continuation of the home renovation bonuses, which retain the same conditions established in the previous year. Specifically, the renovation bonus offers a 50% tax deduction for expenses incurred on primary residences, while a 36% deduction is available for secondary homes. These incentives aim to encourage investment in property renovations, ultimately enhancing the existing housing stock.
For the 2026-2027 period, an allocation of 200 million euros is anticipated to support the housing plan, focusing on improving housing accessibility and stimulating renovation activities. This funding will be directed toward projects that seek to upgrade the real estate portfolio, benefiting both the community and the environment.
Support for tenants facing financial hardships
In addition to measures for property owners, the maneuver allocates increased resources to assist tenants unable to meet their rental obligations due to unforeseen circumstances. An additional 2 million euros will be available for each of the years 2026 and 2027. This policy aims to help families in economic distress maintain their housing stability.
Adjustments to income exemption thresholds
Moreover, the exemption thresholds for the ISEE calculation concerning primary residences will increase. The new limit will be set at 91,500 euros for all individuals, with an increased cap of 200,000 euros for families residing in metropolitan city centers. Additionally, for each extra child living in the household, an allowance of 2,500 euros will be added, making the exemption framework more equitable and accessible.
The 2026 maneuver encompasses a series of initiatives aimed at addressing the challenges currently faced by the real estate market, striving to balance the needs of both property owners and tenants. It is crucial for all stakeholders in the industry to remain informed and prepared to navigate the upcoming changes effectively.