TLDR: Yes, in certain cases. You may qualify if you are over 75 on 1 January, meet the applicable reference tax income threshold and live in the property. A temporary two-year exemption may also apply to a new second home or one resulting from certain works, subject to conditions.
Exemption for people over 75
You may qualify for a property tax exemption if you are over 75 on 1 January of the tax year and your reference tax income for the previous year does not exceed the threshold provided for in Article 1417-I of the CGI.
The property must be occupied by you as the owner or usufructuary. You may qualify for this exemption for your second home even if you already benefit from the scheme for your main residence.
The exemption does not apply if your second home is made exclusively available to a third party, even without a rental agreement.
Temporary exemption for a new construction
A second home may qualify for a temporary property tax exemption for two years when it results in particular from a new construction, a reconstruction or certain changes of use.
The owner must declare the change within 90 days of its final completion. For a new single-family house, the property declaration is completed online from the “Public finances” area of the impots.gouv.fr website, via the “Real estate” service.
The municipality or EPCI may abolish this exemption for residential premises or limit it to certain homes. A late declaration reduces the duration of the exemption and may result in its total loss.
TEOM remains payable
The property tax exemption does not extend to the household waste collection tax (TEOM), which remains payable.