The Company Property ServiceAzur is one the leading real estate companies on the French Riviera for international clients. For years we have been offering our clients luxury property on the French Riviera and in the Var department. We specialize in sale of luxury property, commercial property and lands. We also perform property management.
Our managers will assist you with administrative, taxation and other issues relating to your new status of a property owner and resident of France.
If you want to find out more selling, buying, property management, investment projects or order assessment for your own real estate, our managers will be glad to consult you.
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All property deals in France are handled by a Notaire (Notary) as he/she is the only person permitted by law to perform conveyancing transaction in France. The Notaire has to oversee the legal aspects of the sale as well as the technical condition of the purchased object. The Notaire acts on behalf of the State and is appointed by the Minister of Justice, and the fact that an instrument is drawn up by a Notaire is a guarantee of its legality and authenticity.
How to upkeep you house or who should you choose to entrust the management of your property?
Whether you live in France permanently, or own a holiday home, you will need to pay property taxes in the same way that you do in most countries. In France you need to foresee the payment of 3 direct compulsory taxes for the acquisition and maintenance of property:
There are three categories of capital gains tax depending on the type of transaction in France: the capital gains tax on the sale of real estate; the capital gains tax on the sale of shares; the capital gains tax on the sale of personal property (movable goods), such as, for example, yachts and precious metals.
The European regulation, published in the official European Union newspaper on July 27, 2012, entered into force on August 17, 2015 (it took time for each member state of the European Union to put its own legislation in order). The regulation is applied in 25 European Union countries (with the exception of Denmark, Great Britain and Ireland).
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