Our expert answer:
7 – 8% is a general guide of what fees would be due on an existing properties in France (don’t forget that notary fees are largely made up of taxes).
The actual % depends on the price of the property as some of the costs and taxes are set fees or have minimum amounts so are relative to the price.
The fees represent a higher percentage on a lower priced property for example 11% for a property priced at 48 000 Euros.
In order to have a good indication on the actual amount you would pay have a look at the official notary website here in English, they have a good fee calculator: https://www.immobilier.notaires.fr/en/fee-calculator
Hello, I’m planning on buying my first property in France and wondered whether the banks or lenders conduct credit checks beforehand similar to England? I have been working for
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