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# What is the depreciation rate for rented property ?

A rental property can be depreciated on a straight-line basis, which allows the owner to deduct part of the value of the property each year as a tax expense. The rate of depreciation applicable depends mainly on the year in which the property was built.

Note: depreciation applies only to the value of the building, not the land. By default, the authorities consider that the land represents 20% of the total purchase price, unless there is proof to the contrary.


### Situation from tax year 2024 onwards

![](https://storage.crisp.chat/users/helpdesk/website/-/1/c/5/f/1c5fc819171ffd00/1-2-3-rented-accom_nnkdeh.png =1500x600)

![](https://storage.crisp.chat/users/helpdesk/website/-/1/c/5/f/1c5fc819171ffd00/rendet-accommodation_1a8eqaq.png =1000x1300)

4*:rental property

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### Situation for tax years prior to 2024

![](https://storage.crisp.chat/users/helpdesk/website/1c5fc819171ffd00/snip2024021414_14ezw5l.png =1000x400)


(*Regarding special depreciation, please note that this is capped at €10,000 for a single person, and doubled if taxed jointly -> L.I.R Art. 129e)