🇫🇷 France

Property Taxes and Buying Costs in France

Budget 7–9% on top of the price for a resale apartment. On a 60 m² apartment in Paris (about €750,000) that is roughly €52,500–€67,500.

Costs when you buy

Transfer duties (DMTO)
approx. 5.8–6.3% of price, set by département
Since April 2025 most départements apply the higher 5% departmental rate (about 6.3% total) until 31 March 2028; first-time buyers of a main home are exempt from the increase.
Notary fees (émoluments) and costs
approx. 1–1.5% of price
VAT on new builds (VEFA)
20% included in price; reduced transfer duties of about 0.7%
Agent commission
Often included in the advertised price

Costs while you own

Property tax (taxe foncière)
Set by municipality on cadastral rental value; often 1–2 months' rent equivalent
Residence tax on second homes (taxe d'habitation)
Still payable on second homes, with surcharges of up to 60% in high-demand areas
Real estate wealth tax (IFI)
0.5–1.5% on net French property assets above €1.3 million

Tax on rental income

Non-residents pay income tax at progressive rates with a 20% minimum (lower average rate possible), plus social charges of 7.5% for EU/EEA social-security affiliates or 17.2% for others.

Frequently Asked Questions

What taxes do you pay when buying property in France?↓
Transfer duties (DMTO): approx. 5.8–6.3% of price, set by département. Notary fees (émoluments) and costs: approx. 1–1.5% of price. VAT on new builds (VEFA): 20% included in price; reduced transfer duties of about 0.7%. Agent commission: Often included in the advertised price.
What are total closing costs in France?↓
Typically 7–9% of the purchase price for a resale apartment.
How is rental income taxed in France for non-residents?↓
Non-residents pay income tax at progressive rates with a 20% minimum (lower average rate possible), plus social charges of 7.5% for EU/EEA social-security affiliates or 17.2% for others.
Buying property in France: step-by-step guide →
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Last reviewed 2026-10. General information, not tax or legal advice: rates change and often depend on region and buyer status, so confirm with a local notary, lawyer or tax adviser. Sources: BOFiP: Mutations à titre onéreux d'immeubles.