French real estate buyers and the Notary Fees
Currently, when you buy a French property the transaction is managed by a French notary. The notary charges a fee which includes French government taxes. At the time of writing, the fee is approximately 8 percent of the purchase price, it can be less if you buy a newly constructed property. This means on a 200,000 euro pre-owned property purchase you have to budget for an extra 16,000 euros! Many uninformed French property buyers are not aware of how high this amount is until they meet the notary to sign the first contract.
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