Selling A Property In France

By sue busby france legal.

Selling a property in france. What s property tax in france. Our short video guide will talk you through the entire process or read the more detailed step by step guide below. Perhaps the most important part of the whole process is the engagement of an estate agent so we consider this aspect in some detail. French property transactions differ to those in the uk and we strongly recommended you get specialist legal advice before committing yourself to anything.

A house in france is many people s idea of a very desirable thing to have but what if you want to sell it. Broadly put there are 2 main categories of french property taxes. Capital gains tax and social charges on french property sales. For those who are resident in france and who are selling a property that is not their main residence the rate is 31 3.

Maintenance taxes are paid regularly on property that you already own or rent. Find out more. Whichever is chosen the fee will be the same and as a result almost all sales are on a multiple agency basis. If the property is not your main home when you sell it then plus values may be payable.

Selling french property associated costs expenses. Leggett immobilier have helped thousands of clients to sell property in france over the past two decades. The selling process is fairly straightforward and in this guide we aim to give you an overall view of how the process works. The gain is broadly calculated by deducting the purchase price from the sale price.

This only applies if your french home is a secondary home. Sell your property in france market your property and start generating enquiries by speaking to one of our advertising consultants we will be happy to create a package for you that is quick easy and cost effective. The good news for the seller is that the purchaser is responsible for the notaire s fees. Welcome to our guide to selling french property.

If you sell a property in france for more than you paid for it you are potentially liable to be taxed on the profit you ve made. When selling a property in france the seller s agreement with the agent will be either exclusive mandat exclusif or non exclusive mandat simple. When selling your french property it is necessary to use a french notaire. Using an estate agency agences immobilières the most common way to sell property in france is by using the services of an estate agency or as they are known in france an agence immobilière estate agencies can be found in all french towns and cities and in particularly popular tourist areas even in villages.

Property tax refers to any tax concerning real estate. The basic rate of plus valuesfor non residents is currently 19 on the difference between the purchase and selling price.