What are the pitfalls of buying a property in France?
What are the pitfalls of buying a property in France? You will potentially have to add, for example, estate agent's fees (if the sale is concluded through an agent), Notary fees, land registration fees, possibly exchange rate surcharges, loan fees, and lawyer's fees. Be careful not to pay cash to the seller in order that the seller pays lower taxes.
Which part of France is cheapest to buy property?
The relatively sarsely populated departments in Central France (Creuse, Vienne, Haute Vienne, Indre, Cher, Allier and Loiret) have traditionally been the cheapest places to buy property in France.
Who is exempt from tax habitation in France?
People over the age of 75 whose reference income for the previous year does not exceed certain limits are exempt from tax on their residence (primary and secondary). There is also an exemption for people with low incomes. We can provide you, at your request, with the amount of income thresholds.
Is it worth buying property in France?
France has one of the safest, most stable, and best regulated, property markets in the world, which means that our American clients can buy with both their heart and their head.