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French Buyers' Info

  • France
  • Switzerland
  • Austria

Property Restrictions for Foreigners

Advantages of Buying a Newbuild Property

What are the purchase costs when buying a property in France?

New property - As a tax incentive, to stimulate construction, the purchase costs for a new property are less than for a resale. Your total purchase costs including notary fees, land registration fees and taxes will be approximately 2.5% of the property price. This applies to all new properties under 5 years old. If unsold after 5 years they then count as resales.

Resale property – total purchase costs will be in the range of 6% to 8%.

Registering the mortgage – the notary will charge an additional 1%.

Notaries fees are charged on sliding scale so the price of the property, among other factors, will determine the exact amount you will be charged.