Invest french riviera charges to buy a property in France

VDB REAL ESTATE NICE FRENCH RIVIERA WIDE CHOICE OF APARTMENTS VILLAS HOUSES PROPERTIES TO BUY AND FOR SALE IN NICE VILLEFRANCHE SUR MER COTE D'AZUR FRANCE
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All charges to pay when you buy a property in France
The charges invest are not so high

The excluding notary :

Before to buy, you have to anticipate excluding notary in your budget if you want to invest. For the sale you can choose 2 notaries : one for the owner and one for the buyer without supplement.
The excluding notary are composed from the taxes for the State and for the notary. For example, for an apartment at 150 000 euros there are 6.84 % excluding notary but only 1.18 % are for the notary. The others charges and taxes are the mutation rights.


Others charges : Ground Tax (Taxe Foncière) :

The ground tax is a charge who represents the value decided by the State and the municipality.
Every owner has to pay the ground tax if he is owner on the January 1st in France.
If you buy an apartment it’s possible to share theses charges with the solder but you have to write it in the sold agreement.
Only the owners who live in their apartment and who are more 75 years old don’t pay these charges.
When you invest you have to pay it.


Others charges : Taxe d’Habitation :

The Taxe d’habitation is an annual charge for the municipality, for the works in the City. It’s depends of your financial position on the January 1st.
You pay these charges for the house where you were on January 1st. It means that you have to pay this taxe d’habitation if you live in France on January 1st. If the property is your second home, even though you may not physically be resident on 1st January, the tax is still payable, provided the property is capable of occupation. Nevertheless, where you only use the property for a few weeks a year, and it is otherwise let out as a furnished letting, then you can be exempted from the tax, although you would then become liable for the business tax, the taxe professionnelle.
The rule applies whether the property is furnished or unfurnished.
If you rent your apartment, it’s the tenant who has to pay these charges.
If you invest you have to pay it only if you live on your apartment.

Others charges : TV licence:

If you also have a television then the TV licence, called the la redevance audiovisuelle, is also payable with the tax d’habitation.

The annual cost of the TV licence is €121

If you want more informations to invest in France, you can visit this website: Real estate Nice French riviera France