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TAXES:
On
the purchase of the property the Purchaser, has to pay a Land Registry
Publication Tax (Taxe sur la Public Fonciere) and VAT (TVA) charged
on the Notaires fees, not on the price of the property.
There are two local taxes which are paid annually, the amounts
being set by the Commune. One is the Impot Fonciers (land tax) the
other the Residential tax (Taxe d'habitation). The Taxe d'habitation
is paid whether one is living in the property or not if water and
electricity are connected. If the property is rented long term by
the owner, the tenant is liable.
Remember that similar to the UK, some "Domaines" or apartment buildings
will have maintenance charges as well.
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