The buyer of real estate in Italy and France must pay the costs associated with the acquisition of an apartment, apartment, house, villa. What is this amount?

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The payment of the costs associated with the conclusion of the contract for the acquisition of an apartment, apartments, villas, houses, which are usually called "notarial expenses", is received by the notary. These expenses include:

  • State fees for registration of the contract and publication of the transaction in the mortgage office (5.05%)
  • Mortgage custodian salary(0.10%)
  • notary fees, the same throughout France, are determined by ministerial decree
  • costs: the cost of obtaining the various documents required to draw up the contract.

For example: If the property is purchased in a new building, the costs associated with the conclusion of the contract range from 2.5 to 3% of the sale price including VAT (no registration fees) If the property belongs to the secondary market, the costs will be 7%. The above amounts do not include the cost of translation (it is obligatory for foreign buyers) and the cost of obtaining a loan.

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