The droit de mutation is essentially a French property transfer tax. The amount of the tax depends on the purchase price of the French real estate you are buying since the tax is a percentage of the sale price.
If you read French there is a comprehensive graph in this article that helps explain the current percentage ‘droit de mutation’ in France. It also indicates the potential increase of this tax that will take place sometime in the early part of 2014.
So if you plan on buying French real estate it is important you speak to an English speaking French notary to determine the impact on the cost of your purchase.
Below you can get your free introduction ebook about French real estate mistakes to avoid
Get your FREE copy today
Request below via the sign up form. Just scroll down, add your email and click Subscribe
This request also entitles you to our biweekly ezine and you can unsubscribe anytime.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.