When buying a house or apartment, you should consider additional expenses to the purchase price of the property: estate agent’s fee (as 99% of properties are sold through estate agents), notary fees and taxes, which can easily amount to at least 10% of the purchase price.
The process of buying a house may not be the same in France as in your home country. Find out as much as you can beforehand so that you know what to expect. For example, a British buyer will be surprised that a structural survey is rarely, if ever, carried out. As a general rule, you should never assume that the process would be the same in France as in your country.
In general, property buying is in two parts:
- pre-sale agreement (compromis de vente)
- sale agreement (acte de vente).
The appointment with a solicitor (notaire) in order to get some information is free of charge.
Property loans are available through banks and other credit organizations; the conditions will have to be examined and negotiated with them.