Yes, subject to conditions. To qualify for an exemption from capital gains tax, you must meet all of the following conditions:
- You receive an old-age pension (retirement pension);
- You are not liable for the real estate wealth tax (Impôt sur la Fortune Immobilière – IFI);
- Your reference taxable income for the second year preceding the sale must be below the threshold set out in Article 1417, I of the French General Tax Code, which for 2024 is €11,098 (limit for a single person in mainland France) (Article 150 U, III of the French General Tax Code).