Calculate the cost of your property in Dordogne

THE true cost of a property in Dordogne, or anywhere in France, can be confusing for people to calculate. Before you buy your property in France you need to know exactly what the final cost is to you. Nobody likes surprises. So, here we answer five of the most common questions from people about the costs involved in buying a property in France.

Are the fees of Premier French Property included in the purchased price?

Yes. Fees are included in all prices quoted for properties we represent on www.premierfrenchproperty.com. There are no extra agency charges.There are, however, additional notaire fees. See below.

What percentage of the purchase price must the buyer put down at the signing of the compromis de vente?

A deposit of 10% of the purchase price. In rare circumstances we can arrange for the deposit to be less.

How much are closing costs?

Closing costs are the fees to be paid at final settlement to take possession of the property - run about 5% to 8 % of the purchase price on properties more than five years old.

Closing costs include everything you will need to pay to take ownership of the property - Notaire fees, administrative and filing costs, and taxes.

Obviously closing costs do not include (a) the 90 percent balance of the purchase price which must be also be tendered at settlement, and (b) a loan acquisition fee if you are financing part of the purchase.

Closing costs on a property less than five years old are about 3 to 4 % of the property price.

Are property taxes high in France?

No. Property tax in France are generally lower than those paid by property owners in the United Kingdom. Taxes will vary according to the local jurisdiction.

How much are the Notaire's fees?

Closing costs include the notaire's fees, administrative and filing costs and all taxes. In common parlance these various costs are grouped together into one sum and referred to as the notaire fees.

Notaire fees are fixed by law, and cannot be altered. Because these fees are fixed, the total amount of money due at final settlement can easily be calculated within a few hundred euros once the once the buyer and seller agree on a purchase price.

Please note that for extensive consultations that exceed the notaire's normal advisory services, by law the notaire may charge an additional fee.