Author: The ESREA France Team

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French real estate renovations can increase your property taxes

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French real estate renovations can potentially increase your property taxes.

In a recent article in the French newspaper Lefigaro there is an article that explains that depending on the types of renovations you do in your home your property taxes can be increased.

Two examples from the article:

You add a swimming pool your property taxes may be increased.

You convert dead space in your attic your property taxes may be increased.

May sure you check with your local city hall to find out the impact on your property taxes before you do any renovation.

Read the full article for more examples. It is in French but you can translate it in your browser.
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French real estate taxes that fill the French Government Pockets

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If you are wondering which French real estate taxes help fill the pockets of the French government you will find out more in this article in the French newspaper LeFigaro.

According to the article the government of France is increasing gaining sustantial amount of euros well into the billions from the application of French property taxes on French property owners.

In addition, the taxes that is applied during the purchase of a French property also leads to a large sum of money in the billions to the French government.

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Pros and Cons French real estate ground level RDC apartment

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Pros and Cons French real estate ground level RDC apartment in France

Advantages
Often a ground level apartment in France is at a lower in price because higher floor apartments are expensive.

Monthly charges may be less since you may not have to pay for elevator usage.

Moving in may be easier and less expensive since you don’t need to hire a crane to bring items to an upper floor.

Accessibility is easier and may in fact better for people with reduced mobility.

You may have a garden or a small yard to enjoy and perhaps space for a child to play

Disadvantages
Maybe noiser due to proximity to entrance way or street noise

Maybe less secure since on street level

Maybe less bright

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