While an increase in notary fees has been voted, here is what impact it will have a real estate purchase.
Prices stabilize, borrowing rates drop and, little by little, the real estate market is trying to come back to life. With less than 800,000 transactions in 2024, the year has experienced a low level never seen for ten years. To try to revive a dynamic, various devices have been created (enlargement of the PTZ, additional donation, etc.). But to the sale price are added the traditional “notary fees” which can sometimes brake some.
The rule is quite simple. For a purchase in the old one, this represents 7 to 8% of the amount of the property. In new, 2 to 3%. Behind this abuse of language hide the rights of transfer for consideration (DMTO), that is to say the payment of various taxes, most of which go into the funds of communities. While the increase in part of these costs has just been made, Liner got into buyers. Here is how much it will be necessary to pay in 2025 for a purchase of 300,000 euros.
At the start of the year, Jean and Marine (borrowed names) plan to become owners for the first time. The couple set their sights on a house at 300,000 euros. However, the latter do not know how much they will have to pay to the notary and if they are affected by the increase. Let them be reassured, they are not affected. The increase only concerns the acquisitions of second homes.
When signing with the notary, they will have to pay 4.5% of the 300,000 euros which will go into the department’s funds (€ 13,500), 1.2% which will go to those of the municipality (€ 3,600) and € 3,353 in those of the notary. Three additional costs are also to be expected (plate fees, real estate security contribution and formalities and disbursement emoluments). In total, the addition will amount to 22,434 euros.
For their part, Nadine and François, retired, seek to acquire an apartment to spend a few weeks a year. For this couple, it is therefore the purchase of a second home. In this situation, the departments are now authorized to receive more (5%), if they decide. Paris has already acted this increase.
Thus, the purchase of this property at 300,000 euros could lead to the payment of 15,000 euros to the community. The other amounts will be the same as for the previous couple. The total note would therefore be 23,934 euros, or 1500 euros more.
Finally, Emilie embarks on the purchase of a new apartment. There, the additional sum to be paid in addition to the purchase is much less substantial. Indeed, when buying a new property, there are fewer taxes to be paid. Only the emoluments of the notary and a land advertising tax are to be paid, to which are added the property security contribution and the formalities and disbursement emoluments. Note amount: 7,158 euros. No increase has been voted for this situation.