The cost of buying property in France: taxes & fees
Buying property in France involves various costs beyond the price you see on the listing. Understanding these expenses is crucial for making an informed decision.
In this guide, we will cover one-off and recurring costs associated with purchasing property in France, including taxes, fees, and other considerations.
One-off Purchase Costs
When buying a property in France, expect to pay several one-off costs on top of the purchase price. These typically include transfer taxes, notary fees, and legal fees.
Transfer taxes, also known as notary fees, can be approximately 7-8% of the property's purchase price, but this can vary depending on the location. It's essential to refer to official information or consult a local lawyer for details.
Estimated Total Percentage
On average, you should budget around 7-10% of the property purchase price for one-off buying costs. These costs can fluctuate based on local regulations and specific circumstances, so verify with a qualified professional.
Worked Example
Consider a property priced at the median asking price of €829,000. Based on the average costs discussed, you could face approximately €58,030 to €82,900 in total one-off costs.
This example illustrates the importance of thorough planning and budgeting before making a property purchase in France.
Recurring Costs of Ownership
After purchasing, ongoing costs must also be factored in. This typically includes annual property tax, community or condo fees, and utility bills.
Annual property tax in France can vary widely and should be investigated based on the specific location of the property.
Other Ownership Expenses
Insurance policies are also necessary to protect your property, and their cost can depend on the property's value and location.
Utility costs for electricity, water, and telecommunication services should be budgeted as well, as they can significantly differ depending on usage and the region.
Mortgage Costs for Non-Residents
If you're a non-resident seeking a mortgage in France, be aware that eligibility varies by lender. Generally, you may need a larger deposit and face higher interest rates than residents.
It's advisable to consult with a mortgage advisor who is familiar with the French market and can guide you through the options available.
Frequently asked questions
What is the transfer tax rate when buying property in France?
Transfer taxes generally range between 7-8% of the property price, varying by location. Check with a local expert for accuracy.
What ongoing costs should I consider as a property owner in France?
Consider annual property taxes, community fees, insurance, and utilities. Costs vary widely based on location and property type.
How do I calculate the one-off costs when buying a property?
Budget roughly 7-10% of the purchase price to cover all one-off costs, but confirm with a local legal advisor.
Can non-residents get a mortgage in France?
Yes, but it typically requires a larger deposit and may have higher interest rates than for residents. Seek advice from a local mortgage expert.
This guide is general information, not legal, tax or immigration advice. Rules change — verify the current position with official sources and a qualified professional before acting. Last reviewed June 2026.