Selling a property is a major milestone in life. It involves administrative and financial procedures that are essential to understand. Among these, “notary fees” occupy a special place. But what exactly are they? When and why do you have to pay them? And who is affected? Let's take a closer look at this topic with Provence Properties, your real estate agency at Châteauvert, in the Var.

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What are notary fees?

Contrary to what their name suggests, notary fees do not only pay the notary. They actually refer to all the sums paid when signing an authentic deed of sale, selling costs when selling your house, apartment, commercial property, or land.. These fees can be broken down into three distinct parts:

Transfer duties (or registration fees)

These are taxes collected on behalf of the state and local authorities. They represent the largest portion of the costs.

Disbursements

These sums are used to reimburse the notary for expenses incurred on behalf of their client (costs of copies, urban planning documents, surveyor's fees, etc.).

The notary's remuneration (fees)

This is the only part that directly remunerates the notary for their work. This remuneration is set by a national scale and is proportional to the sale price of the property.

In what cases do notary fees apply?

Notary fees apply systematically when purchasing an existing property. A property is considered “existing” if it has already been sold once before.

For new properties, notary fees are significantly lower (around 2-3% of the sale price), as they do not include transfer duties. These are referred to as “reduced fees.”

Notary fees: who has to pay them?

The law is clear: the buyer is responsible for paying notary fees. These fees are therefore payable by the buyer and are generally settled on the day the final deed of sale is signed.

How much do they represent of the sale price?

Notary fees represent a significant amount. For older properties, they are generally estimated to be between 7 and 8% of the sale price. It is therefore essential to include this amount in the overall budget for the purchase.

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Selling real estate in Provence Verte with Provence Properties

Now that you are clear about notary fees, you may be wondering how to sell your property in our villages in the Var under the best conditions, especially if you are in Provence Verte.

Provence Verte is a popular region known for its exceptional lifestyle, surrounded by vineyards, olive groves, and charming villages. Selling a property here requires in-depth knowledge of the local market and its specific characteristics. This is where Provence Properties' expertise comes into play.

Here are a few reasons to choose Provence Properties for the sale of your property.

In-depth local expertise

We have extensive knowledge of the Provence Verte real estate market, its prices, its characteristics, and its potential buyers.

Personalized support

From the valuation of your property to the signing of the deed of sale, we are at your side to advise and support you every step of the way.

Optimal visibility

We showcase your property using powerful communication tools (high-quality photos, virtual tours, listings on specialized platforms) to reach a qualified clientele.

A network of potential buyers

We have a portfolio of local and international clients looking for properties in the region.

In conclusion, selling a property is a complex but exciting process. By understanding the notary fees and surrounding yourself with competent professionals such as Provence Properties, you are putting all the odds in your favor to make your real estate project in Provence Verte a success.

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