Coast and Country in France

March 22, 2008

Cost of Buying a House in France

Filed under: Property News, Real-Estate — @ 3:13 am

If you buy a house in France, the sale must be completed through a Notaire.

I am not sure exaclty how to descibe a Notaire in comparison to the legaol or officail equivalent in otehr countries - not a; lawyer, solicitor, civil-servant or barrister - the Notaire is in fact the biggest tax collector in France and every property transaction will have a fixed tax and non-negotiable fee for a Notaire.

These fees are apid by the buter and are rarely shown in the selling price of a property, so when you have found you dream home tou have to allow another lump of cash to stomp up when you complete the sale.

The amount you will pay depends on the price and the age of the property - under five years and the taxes are signicantly lower.

I found this useful calculator which will show how much you will have to pay the Notaire in fees and taxes on the completion day.

Frais Notaire

The calculator also has provision for the fee which will be added if you are taking our a loan on the property.

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