French property buyers have an increased cost in the form of the increase in notary fees that is taking place in many of the French departments in 2014.
This increase in French property transfer tax by the French government makes the cost of making a French property go up in price.
On the average the French notary fees have been 7 percent of the purchase price and now after the increase the notary fees will be around 8 percent of the purchase price.
Only five French departments will not be affected by this increase according to an article in Explorimmo.
These departments are: Paris, Isère, Morbihan, Mayenne and Yvelines. However, these departments could have a change after January 2015. So keep reading the news or perhaps consider making a purchase sooner.
To read the original article in French go here.
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