How much does it really cost to buy and run a house in France?

How much does it really cost to buy and run a house in France?

This series examines the costs involved in buying and owning a typical property abroad in our most favoured locations. Following villa in Cyprus, and an apartment in Spain and the Algarve we take a look at a detached home in France.

The property

The Charente is a popular hot spot of western France for holiday homes and relocation alike. This three- bedroom property is the quintessential French dream with its stone-built and cosy Mediterranean charm. Just 7 minutes from the historic village of Verteuil-sur-Charente, 10 minutes from the town of Ruffec.
 

French Home

How much are buying costs in France? 

Cost Amount
Asking price 
€165,000
Notary fees (estimate)
€14,100 
Agency fees (8% TTC)
€13,000 
Total acquisition cost 
€178,000 (£154k)

And how much will this property cost to run? 

Cost Amount
Tax fonciere (payable by primary and second homes) 
€1,585 
Water (estimate is €400-€500) 
€450 
Electricity/gas (*with a modern system, can be much less) 
€4500 
Home insurance (for holiday home: €350-€650) 
€500 
Internet (typically €25-45 per month) 
€420 
Total per year 
€7,455 (£6,434) 

 

Information provided by Leggett Immobilier 

view the property

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