The buying process:

Once an offer has been made and accepted a compromis de vente will be signed between the buyer and the seller in the presence of a notaire (lawyer). This is a contract of sale in which the terms and conditions of the sale are explained. It also eliminates the chance of the property being sold to a third party that may make a better offer. On signing, the buyer must pay a deposit which is held by the notaire. This is generally around 8 – 10 % of the price. (you will need to provide information including your full names, contact details, professions, birth and marriage certificates, passport copies, details of ex-husbands and wives )

The purchase will be completed by signing the acte authentique, also in the presence of a notaire. Generally all parties will be present at this final stage.
The notaire's fees are paid by the buyer and vary according to a nationwide set scale. There are several state taxes which will be included in this charge which is approx 8 - 9 % of the purchase price.

There may be VAT to be paid if a property is new (built within the last 5 years) but this will normally be included in the asking price.

Living in your new home

There are several annual charges to expect when owning a property in France.

Taxe d’habitation (Residential tax) and Taxe de foncière (Property tax) vary depending on the size and facilities within the property and are payable each autumn.

If there is a co- propriety for the building then there will be charges for general upkeep to the building. This will also include any guardian’s fees.