What taxes to pay when buying a property in Cannes

If you are considering buying a property in Cannes, it is important to understand the taxes and fees associated with the purchase. In this article we give you an overview of the taxes and fees linked to buying a property in Cannes.

The first tax you will pay is the transfer tax, also known as “registration duties” (droits d’enregistrement). It is calculated on the property value and varies according to the property’s location, the type of property and the buyer’s legal status. We can help you understand the amount of this tax and ensure you comply with French tax laws.

In addition to the transfer tax, you will also pay an annual property tax (taxe foncière). It is based on the property value and paid each year. We can help you understand the amount and ensure compliance with French tax laws.

There are also notary fees to consider. The notary prepares the deed of sale and registers the property with the land registry. Notary fees include the notary’s emoluments as well as registration and stamp duties. We can help you choose a reliable, competent notary in Cannes to ensure the transaction proceeds safely.

As an experienced estate agency in Cannes, we are here to help at every stage of buying a property. We have in-depth knowledge of all the taxes and fees involved and can guide you through the process transparently. We also have a list of trusted notaries we can recommend.

Do not hesitate to contact us for any questions or to learn more about buying a property in Cannes. We would be delighted to help.