The Monéjan Villa: 3.6 Million Without a Single Euro in Taxes, While We’re Tightening Our Belts

While the French are grappling with rising prices, pension reform, and budget cuts—while they’re being told that “the coffers are empty” and that they need to “make sacrifices”—Brigitte Macron is selling her home in Le Touquet. 3.6 million euros. And she isn’t paying a single cent in capital gains tax. Legally. Perfectly legally. But that doesn’t stop us from asking: is this fair?

The Monéjan Villa, Brigitte Macron’s historic residence in Le Touquet, was sold on April 28, 2025, for 3.6 million euros. The property, inherited in 1985 and renovated in 2011 with a 350,000-euro loan, had been valued at 1.2 million euros in the couple’s 2016 asset declaration. The capital gain realized is substantial. Because the property was held for more than 30 years, this capital gain is completely exempt from taxes and social security contributions. Money & Business

The net capital gain, after notary and real estate agent fees, exceeds 1.5 million euros. Zero euros in taxes. Zero euros in social security contributions. The deed of sale includes a deferred occupancy clause allowing Brigitte Macron to remain in the villa until December 31, 2025. She sells. She collects the proceeds. She stays until the end of the year. And she pays nothing. Money & Business

At the same time, the couple purchased a waterfront residence in Le Touquet, on Boulevard du Docteur-Jules-Pouget, through a real estate investment company (SCI), with construction scheduled for completion in February 2026. Money & Business

The arrangement is perfectly legal. That is precisely the problem. While millions of French people pay taxes on their meager real estate capital gains, and while “tax justice” is touted in speeches, those with substantial wealth benefit from exemptions that allow them to accumulate riches without ever truly contributing.

In France, tax evasion is estimated at between 80 and 100 billion euros per year. The public deficit reached 168 billion in 2024—a record high outside of a recession, having widened by more than 100 billion since 2019. Force Ouvrière

Meanwhile, the villa in Le Touquet was sold for 3.6 million. Tax-free. By the family that governs the country. This is not an accusation. These are public figures. And they speak for themselves.