When you buy a property in France there are many costs including a number of costs indicated below. We highly recommend you speak with an English speaking French notary or English speaking French real estate agent to verify and get more details.
Here are the costs some may not apply to your purchase in France.
One
Mortgage application fees
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Two
Real estate agency fees, if not paid by the seller as part of your purchase price
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Three
Local annual taxes (taxe fonciere – you will often pay a portion when you purchase depending on the time of year of your purchase)
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Four
Co property charges (charges mensuelle – you pay a portion of what the owner has already paid)
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Five
Property insurance
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Six
Architect’s fees, if applicable
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Seven
VAT / GST called TVA tax in France, if applicable
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Eight
Notary’s fees (this is a large sum of money and includes many government taxes)
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Nine
Lawyer’s (solicitors) fees
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Ten
Land registry costs
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Eleven
Deposit for purchase of property
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Twelve
Costs of translating documents
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Thirteen
Moving costs of furnishings etc
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Fourteen
Cost of transferring money to purchase a property especially if you are buying in a different currency
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Fifteen
Cost of insurance on the mortgage
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Sixteen
Cost of a translator for the day of your signing of the final contract if you don’t have an English speaking notary who is willing to translate for you.
NOTE: These potential costs are for the purchase but do not include the everyday costs of owning a property in France. When you own a property in France you also may have fees like taxe d’habitation, etc.
Again this is an over view and we recommend you speak to an English speaking French notary or English speaking French real estate agent to verify and get more details.
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