Break down acquisition costs: transfer taxes, notary fees, and disbursements.
Total fees
15 406EUR
Percentage of price
7,70%
Total acquisition cost
215 406EUR
Existing vs New build
Negotiation
Notary fees mainly consist of transfer taxes (paid to government), notary emoluments, and disbursements (administrative costs, document fees).
For existing properties, transfer taxes represent about 5.80% of the sale price. For new builds, they are reduced to 2-3% as the buyer pays 20% VAT included in the price.
Notary emoluments follow a regulated sliding scale. Since the Macron reform of 2021, a 20% discount is available on the portion above 100,000 EUR.
Notary fees for existing properties represent about 7 to 8% of the purchase price. They mainly consist of transfer duties (about 5.80% paid to the state and local authorities), notary emoluments (regulated sliding scale), and disbursements (administrative costs). For a property at €200,000, expect around €15,000.
For new builds, transfer duties are reduced to about 0.70% (versus 5.80% for existing properties), because the buyer already pays 20% VAT included in the sale price. Total fees therefore drop to 2-3% of the price. This is one of the financial advantages of buying off-plan (VEFA).
For unfurnished rental, notary fees cannot be directly deducted from rental income. However, under the LMNP real regime (furnished rental), they can be amortized over the holding period or deducted as expenses in the first year, depending on your accounting choice. This is an additional advantage of the LMNP status.
Get a complete analysis with 4 compared tax regimes, location score, market data and PDF/Excel exports.
The results of this tool are provided for informational purposes only and do not constitute investment advice. Consult a professional before making any decision.
Total fees
15 406EUR