France property guide
🇫🇷France

A practical guide to France

France welcomes foreign buyers and tenants without restriction. Paris compresses yields under heavy rent control while Lyon, Bordeaux and Nice run looser. The notaire-led process clears in 8–12 weeks with a 10-day statutory cooling-off period. Pick what you're here for below.

Foreign ownership

Fully allowed

No restrictions on non-EU buyers

Avg price / sqm

€3,000–9,500

National median to central Paris, 2024

Transaction timeline

8–12 weeks

Compromis to acte de vente

Total closing costs

7–10%

Frais de notaire on existing property

How to buy

Three steps from offer to keys

A typical French purchase clears in 8–12 weeks. The notaire — who represents the State, not either party — drives every step.

  1. 1
    Weeks 1–2

    Offer & compromis de vente

    Make a written offer through the agent. Once accepted, sign a compromis de vente (preliminary contract) with a 5–10% deposit held in escrow. A 10-day statutory cooling-off period (loi SRU) lets you walk away with no penalty.

  2. 2
    Weeks 3–8

    Conditions & survey

    The notaire orders title searches, mandatory diagnostics (asbestos, lead, energy, termites), and verifies the urbanism file. If you're financing, this is when the bank locks the mortgage offer (offre de prêt) — itself subject to a 10-day reflection period.

  3. 3
    Weeks 8–12

    Acte de vente at the notaire

    Final deed signed at the notaire's office. You pay the balance plus all frais de notaire on the day; keys are handed over immediately. Title is registered with the Service de la Publicité Foncière in the weeks after.

What it costs

Costs to budget for

One-time costs at purchase, then recurring annual costs while you own.

One-time closing costs

  • Droits de mutation (transfer tax)

    Set by département; up to 5.0% top rate from April 2025

    5.09–5.81%

  • Notaire émoluments

    Fixed scale, regulated by decree

    ≈ 1%

  • Disbursements & registry

    Searches, mortgage filing, contributions

    0.5–1%

  • Total typical closing (existing)

    On a €500k apartment: ≈ €38–48k

    7–10% of price

  • New-build alternative

    Reduced frais de notaire on logements neufs

    ≈ 2% + 20% VAT

Annual ownership costs

  • Taxe foncière

    Owner tax — set by commune, rising in many cities

    €800–2,500 / yr

  • Taxe d'habitation

    Abolished on primary residences from 2023

    Second homes only

  • Charges de copropriété

    Building maintenance + reserves

    €20–45 / sqm / yr

  • Building insurance

    €200–500 / yr

  • Total typical annual

    On a 70 sqm Paris apartment

    €2,500–5,500

Where to buy

Neighbourhoods worth knowing

A starting set across Paris, Lyon, Bordeaux and Nice. Prices are per square metre, growth is year-on-year — note 2024 was a correction year nationally.

Le Marais, Paris

Le Marais

Paris

€13,500/ sqm

−2.1% YoY

Historic 3rd–4th arrondissements. Period hôtels particuliers, premium pricing, deep international demand. Among the few Parisian areas to hold value through 2024.

Croix-Rousse, Lyon

Croix-Rousse

Lyon

€4,900/ sqm

−3.5% YoY

Lyon's hilltop former silk-weavers' quarter. Period buildings, village feel, walkable to Presqu'île. Best value among Lyon's premium districts.

Chartrons, Bordeaux

Chartrons

Bordeaux

€5,200/ sqm

−4.5% YoY

Bordeaux's old wine-merchant quarter, now its most fashionable address. Stone façades, Sunday markets, walking distance to the Garonne.

Vieux Nice, Nice

Vieux Nice

Nice

€6,500/ sqm

+1.2% YoY

Old-town Nice. Pastel façades, pedestrian alleys, strong short-let demand all year — one of the few French markets that grew through 2024.

Living there

Cost of living, language & residency

What day-to-day life looks like — relevant whether you're renting, buying, or investing.

Language

French

English usable in Paris central, less so elsewhere; A2–B1 advised

Basic budget

€1,000 / mo

Single person, mid-size city outside Paris

Comfortable

€2,500–3,500 / mo

Couple, central Paris or Lyon

Healthcare

Universal (PUMa)

Sécurité Sociale after 3 months' residence; private top-up €40–80 / mo

International schools

30+ in Paris

British, American, IB, German, Lycée bilingue options

Visa routes

Talent Passport · Visiteur · Salarié

Talent Passport Investor needs €300k+ creating jobs; property alone does not grant residency

FAQ

Common questions

Ready when you are

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