This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

There is no capital gains tax on the sale of a primary residence in France. For a secondary residence owned either individually or through an SCI, the amount of capital gains owed at the time of sale is determined by

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The buyer should normally expect to pay fees and taxes of about 6.5-7.5% of the purchase price. These break down roughly as follows:

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French banks will lend up to 85% of the assessed value of the property and renovations to most non-resident buyers.

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The notaire is a public official with legal training (but different from a lawyer) who prepares and registers official acts such as wills and property ownership transfers. Notaires enjoy a very privileged and highly respected position in French society.

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