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Info on propert tax in Nice from a Canadian buyer

Info on propert tax in Nice from a Canadian buyer

Dec 13th, 2015, 07:58 AM
  #21  
 
Join Date: Jan 2003
Posts: 33,420
Property taxes can't be negotiated, but I presume that comment is when you see them disclosed, it may affect what you negotiate as a price for the property. Just hypothetically, if two properties had the same sales prices but one had twice the level of property taxes, you could maybe try to bargain down a little with the owner by comparing them.

Or something--I presume that was the point, just that in the US, they are part of the facts you look at when house-hunting. Then you have to know enough about the area to know what you might get in return that would make it worth them if they were a lot higher.

Cash buyer in the US means the same thing, just that no loan is needed.
Christina is offline  
Dec 13th, 2015, 09:02 AM
  #22  
 
Join Date: Oct 2003
Posts: 57,890
Yes, the negotiation would be of the price based on info about taxes and other fees - obviously neither taxes nor fees to government or HOA or similar are negotiable.
nytraveler is offline  
Dec 13th, 2015, 09:14 AM
  #23  
 
Join Date: Mar 2015
Posts: 20
Agree with others that you need to get advice from a notaire. Btw, I can't imagine that Adrian Leeds or any other sales person would be willing to give free advice if she is not involved in the deal.
henricat is offline  
Dec 13th, 2015, 09:20 AM
  #24  
 
Join Date: Mar 2015
Posts: 1,713
Funny how we use the same words with different meanings.

Cash for us is banknotes -> I guess we imported the word and changed the meaning. Damn, I'm always angry when I see that the other way round... Like Entree meaning meal instead of starter.
pariswat is offline  
Dec 13th, 2015, 09:28 AM
  #25  
 
Join Date: Oct 2015
Posts: 1,817
What you really need - besides the required notaire - is someone to translate things into English for you. An English-speaking real estate agent is a good choice, especially someone who has an excellent sales record and is a resident of the area you are interested in.

There are "intermediaries", "brokers" or "house hunters" who ask for a hefty fee to hold your hand during the sale process, but often make it clear in their contracts that they are not legally responsible if something goes awry - but a certified real estate agent is required to do things by the book, often for less money.

I live in an expensive part of Paris - my apartment is worth about what yours will sell for. As others have mentioned, the two taxes are based on location, sq meters and other factors and increase every year. Both of my taxes totalled around 4OOO EU this year - a significant increase over last year.

Has anyone mentioned the word "ravalement" to you, yet?
Better find out about that, as well as all of the rules and regulations of the co-propriete (condo association) - or you might be in for some rude surprises.
fuzzbucket is offline  
Dec 13th, 2015, 10:26 AM
  #26  
 
Join Date: Oct 2003
Posts: 57,890
Well I'm amazed at taxes that low for what is obviously a sizable apartment in a quality building.

Compared to real estate/school taxes here that would be very low. Although obviously I don;t know what is normal there - but our maintenance here is more than $25K per year of which about half is taxes.
nytraveler is offline  
Dec 13th, 2015, 10:42 AM
  #27  
 
Join Date: Mar 2008
Posts: 6,628
At the other end of the scale, in rural SW France, our house and property (.3 hectare) incurred property taxes (foncière and habitation) of 1,200€ a year. I can safely say Nice will most likely be higher!
Cathinjoetown is offline  
Dec 13th, 2015, 11:22 AM
  #28  
 
Join Date: Jul 2006
Posts: 1,222
"Funny how we use the same words with different meanings.

Cash for us is banknotes -> I guess we imported the word and changed the meaning."

Cash on its own does mean notes (and coins). It's just the term "cash buyer" in a property connection which has that slightly different meaning.
Nonconformist is online now  

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