What are the Fees?
The agency fee, can vary depending on the agency and price of the property. On average the agency fee is around 5% of the purchase price.
Legal/Notary fees, frais de notaire, is governnment tax similar to the stamp duty. This is about 7% of purchase price if the property was built more than three years ago, for recently built properties the legal fees are approximately 3%
Mortgage registration cost, approximately 1% of the financed amount
Bank arrangement fee, varies from one bank to another. Typically this fee is no less than 700 € and maximum 1% of the loan amount.
Broker fees, unlike most mortgage brokers we do not charge a brokerage fee
Furthermore on completion day, you will have to pay pro-rata the “Taxe fonciere” similar to the land tax. For example if this tax is 1 200 €/year and you sign over the property in September, the vendor will pay 9/12th (900 €) of this tax bill and the buyer will pay 3/12th (300 €).