How can you benefit from selling with Engel & Völkers?

To sell a property in France, you will generally need the following documents:

• Property title: this document proves that you are the rightful owner of the property.

• Real estate diagnostic: this is a set of reports evaluating various aspects of the property, such as the energy performance diagnosis (DPE), asbestos, lead, termites, etc.

• Sell agreement: this document sets out the terms of the sale and binds the parties. It can be signed in the form of a sell agreement.

• Planning certificate: this document provides information on the planning laws applicable to the land in question.

• Cadastral plan: this identifies land parcels and buildings.

• Co-ownership charges: if the property is co-owned, you need to provide documents relating to co-ownership charges.

• Co-ownership regulations: these define the rules governing the operation of the co-ownership.

• Minutes of general co-ownership meetings: these documents provide information on decisions taken by the co-ownership.

• Loi Carrez surface certificate: certifies the surface area of a condominium lot.

• Certificate of conformity or building permit: if work has been carried out on the property, you must provide documents proving that this work has been carried out in compliance with the law.

It is advisable to consult a real estate professional or notary to ensure that you have all the necessary documents for the sale of your property, as requirements can vary depending on the specific situation of the property and the legislation in force.

In general, the sale of a property in France may be subject to certain taxes, one of the main ones being the capital gains tax. However, there are conditions and exemptions that may apply depending on various factors such as the length of time the property has been held, your tax residence, and other special circumstances.

Here are some key points to consider:

• Tax residence: if you are a French tax resident, you will generally be taxed on capital gains realized on the sale of real estate, whether located in France or abroad.

• Length of ownership: the length of ownership of the property can have an impact on the amount of tax payable. In general, if you have held the property for more than 30 years, you may be exempt from capital gains tax.

• Exemptions: there are partial or total exemptions for certain situations, such as the sale of a principal residence, which may be exempt under certain conditions.

• Calculating the capital gain: the capital gain is generally calculated by subtracting the sale price of the property from the purchase price, taking into account the costs associated with the sale and any improvements made to the property.

• Declaration and payment of taxes: you must declare the sale of your apartment and pay the corresponding taxes within the deadlines set by the French tax authorities.

We strongly recommend that you consult a tax advisor or chartered accountant for advice tailored to your specific situation. They can help you understand your tax obligations and optimize your tax situation when selling your apartment in France.

In France, the differences in taxation between the sale of a house and that of an apartment are mainly linked to the nature of the property and the way it is used. Here are a few points to consider:

• Capital gains tax: capital gains realized on the sale of a principal residence are generally tax-exempt, regardless of the nature of the property (house or apartment), provided certain conditions are met (notably having been occupied as a principal residence on a continuous basis). For second homes or rented properties, capital gains may be subject to capital gains tax, with rates varying according to the length of time the property has been held and the applicable allowances.

• Property tax:property tax is calculated on the basis of the cadastral rental value of the property. It is generally payable annually by the property owner, whether for a house or an apartment.

• Housing tax: when applicable, the housing tax is payable by the occupant of the dwelling on January 1 of the tax year. It may vary depending on the commune and the services available. In general, it is higher for houses than for apartments, due to the extra surface area and equipment that houses may have.

• Notary fees: when selling a property, notary fees are generally paid by the buyer. These fees include transfer duties, which vary according to the value of the property and its location. They are generally higher for houses than apartments, due to the generally higher amounts involved in real estate transactions involving houses.

• Local taxes: communes may also apply specific local taxes, such as household waste tax, which may vary from one commune to another and are not specifically linked to the nature of the property.

These differences are not exhaustive and may vary according to current tax legislation. We recommend that you consult a tax expert or notary for precise information on your specific situation.

Selling an inherited property in France involves a number of administrative and legal steps. Here is a general guide to help you:

• Obtain a death certificate and a certificate of inheritance: you'll need these documents to prove your status as a legal heir and to be able to sell the property.

• Check inheritan Obtain a death certificate and a certificate of inheritance: you'll need these documents to prove your status as a legal heir and to be able to sell the property.

• Check inheritance tax: make sure you understand the tax implications of selling the inherited property. Inheritance tax can vary depending on your relationship to the deceased and the value of the property.

• Appraise the property: have the property appraised by a real estate expert to determine its current market value. This will help you set a realistic selling price.

• Gather the necessary documents: before putting the property up for sale, make sure you have all the relevant documents, such as the title deed, land statements, co-ownership documents (if applicable), etc.

• Choose a real estate advisor or opt for a direct sale: you can either hire a real estate advisor to help you sell the property, or choose to sell it yourself. In either case, make sure you understand the associated costs.

• Advertising the sale: if you opt for a direct sale, you'll need to advertise the sale of the property. This can be done via specialized websites, real estate agencies, local newspapers, etc.

• Negotiate and close the sale: once a potential buyer has come forward, you can start negotiating the price and conditions of sale. Once an agreement has been reached, you'll need to sign a "compromis de vente", then move on to signing the final deed of sale before a notary.

• Notarize the sale: in France, all property sales must be notarized. The notaire will take care of all the legal formalities, including checking the title deeds and drawing up the deed of sale.

• Settle inheritance tax: once the sale is finalized, make sure you pay any inheritance tax due on the proceeds.

Remember that laws and procedures can vary depending on the specific situation, so it may be worth consulting a legal or real estate professional for personalized advice.