The
fees associated with buying a property in France can be shocking! This page
provides a checklist of what you can expect to pay. The main factors that
affect the level of fees are:
- the age
of the property (new houses attract lower charges)
- the number
of people involved (lawyers, mortgage companies, surveyors etc)
- whether
you buy through an estate agent
Total fees
can be as low as 4% of the price of the property, but can easily be as
high as 15%. Note: most fees are paid by the buyer. As a quick rule
of thumb:
- Land
registry
0.6% for property
less than 5 years old, 1% for everything else
- Estate
Agent Sales Commission (usually paid by the seller of the property)
Where an agent
is involved - allow between 5 and 10%
- Notaire
Sales Commission (usually paid by the buyer)
Where an Estate
agent is not used - allow up to 5%
- Stamp
Duty
0.6% for property
less than 5 years old, 6% for everything else
- Notaires
Conveyencing Fees
These are calculated
according to the price of the property. Allow 1 to 1.5%
Additionally
if you need a French mortgage:
- Mortgage
Arrangement
Commonly 1%
- Mortgage
Administration
Commonly 1%
- Mortgage
Registration
Commonly around
1%
Telephone:....
0033 (0)2 31 67 76 90
Moble:........... 0033 (0)6 84 47 24 36
Fax: ...............0033(0)2 50 49 00 81
Click
here to E-mail DeVille property Services sales staff for your free quote.
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English
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