Property maintenance costs in France
In France, it costs €40/sq. m. per year on average to maintain property and an owner of a 70 sq. m. apartments will pay about €2,800 per year. Charges for maintaining property in Paris is €2,167 per year or €32.90/sq. m., which includes services such as maintenance personnel (€970), heating charges (€610), lift maintenance (€182.85), insurance (€50.26) and a house management fee (€155.20), according to the French National Real Estate Federation (FNAIM).
There are two types of property tax in France: taxe foncière (applicable to all property owners) and taxe d’habitation (paid by residents of the property, either owners or tenants); both depend on the surface area and region. Homeowners are usually charged
|City||Taxe d’habitation||Taxe foncière|
Utilities per square metre cost about €40/sq. m. a year in France and include both common and individual charges. The common charges cover shared amenities like the lift, water and concierge fee (€18/sq. m. per year on average). Individual utilities cover electricity, gas and heating (unless the building has shared central heating). There is also a management fee for shared buildings of about €3/sq. m. per year.
|Hot water supply||3.50|
|Cold water supply||3.31|
|Green plant care||1.62|
Home insurance is mandatory in France and costs
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