Find answers to the most common questions and familiarize yourself with French real estate vocabulary
Frequently Asked Questions
Everything you need to know about buying property in France
Yes. There are no particular restrictions: a non-resident can purchase an apartment, house, or land in France. However, some banking procedures may take longer for foreign buyers.
On average 2 to 3 months between signing the preliminary contract (compromis de vente) and the final deed at the notary's office. This period allows the bank to release financing and the notary to verify the legal compliance of the property.
The compromis binds both the buyer and the seller: both must proceed to the final signing unless there's a conditional clause. The promesse mainly binds the seller, giving the buyer an option to purchase.
Notary fees (approximately 7-8% for existing properties, 2-3% for new builds), potential attorney fees, as well as property tax and condominium charges.
Yes, but conditions vary between banks. A higher personal contribution (20-30%) is often required for non-resident buyers.
The notary is a public official. They verify the legality of the transaction, secure the sale, and keep the authentic deed. They are the ones who legally guarantee the acquisition.
Real Estate Glossary
Essential terms to know
Authentic Deed
Final sale contract, signed before a notary, which officially transfers ownership.
Preliminary Contract (Compromis or Promesse)
First document binding the seller and buyer, before the final signing.
Condominium
Organization structure of a building shared between multiple owners.
Property Diagnostics
Mandatory documents (electricity, lead, energy performance, etc.) provided by the seller.
Notary Fees
All taxes and fees due during the acquisition.
Mortgage
Guarantee taken by a bank on a property in case of a loan.
Mandate
Contract by which a seller or buyer authorizes a real estate agent to act on their behalf.
Notary
Public official responsible for authenticating deeds and guaranteeing the legality of transactions.
Promesse de Vente
Preliminary contract mainly binding the seller, giving the buyer a reflection period.
Usufruct
Right to use a property and collect its income without being the full owner.
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