What are the main costs in buying a property in France?
How much are closing costs, called "notaire fees"?
Roughly speaking, how much are property taxes in France?
Are Just France Sales fees included in the price of properties quoted on the website or mentioned in written communications?
What are the main costs in buying a property in France?
There are two major costs - and only two - that must be paid to buy a property in France are:
The cost of the property as agreed to in negotiations between the buyer and seller. Closing costs, called notaire fees.
There may be minimal extra fees for courier services or translating documents. Professional fees may pertain in the rare instance that unique legal or estate planning issues are involved.
How much are closing costs, called "notaire fees"?
Notaire fees typically run from 6.5% to 7.25% of the negotiated sales price of the property. These fees include all taxes, filing costs, professional fees, etc. The fees include legal representation for both buyer and seller.
Roughly speaking, how much are property taxes in France?
By comparison to the United States and United Kingdom, property taxes in France are minimal. Property owners pay both a national tax (taxe foncière) and a local tax (taxe d'habitation). The latter tax varies somewhat according to region.
By way of example, an apartment in Paris valued at 1,500,000 € may pay combined national and local property taxes of 3,000 € to 4,000 € a year.
Of more concern to non-resident owners may be the French "wealth tax," which is levied on owners whose real property has a net value of more than 1,300,000 €. Net value is the owner's equity in a property - that is, the property's value minus any mortgage owed on the property.
Are Just France Sales fees included in the price of properties quoted on the website or mentioned in written communications?
Yes. Anytime Just France Sales quotes a price the company's fees are included.
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COSTS TO BUY A PROPERTY IN FRANCE
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