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Buying a Chateau in France

Are you thinking of buying a chateau in France? Maybe it’s been a lifelong dream, or you’ve recently come into a windfall and want to splurge on something truly luxurious. Either way, there’s much to consider before taking the plunge and becoming a chateau owner.

Here are a few things to remember when considering buying a chateau in France.

Location is key

Not all chateaux are created equal, and location is one of the most critical factors. Suppose you are looking for a vacation home. In that case, you will want to find a chateau near popular tourist attractions or a picturesque setting. On the other hand, a primary residence may be best suited to a chateau close to urban amenities.

Historical significance

Another thing to remember is that chateaux often come with a lot of history. This can be both a blessing and a curse. On the one hand, it’s always nice to own a piece of property with such rich origins. On the other hand, you may find yourself having to deal with some pesky ghosts from time to time. But hey, that’s just part of the charm of owning a chateau!

Know what you’re getting into

Before buying a chateau in France, you must know what you’re getting into. That means being realistic about the cost of renovations and the amount of work required to maintain the property. It’s a big decision, and the phrase ‘due diligence’ may just turn out to be your best friend.

Can a Foreigner Buy a Chateau in France?

Yes, foreigners can purchase chateaux in France. However, there are a couple of things to remember as a foreigner before making such a large purchase.

You will need to have the proper financing in place. You may also be required to put down a larger deposit than usual, so it is crucial to be prepared for this upfront cost.
Buying a chateau is a complex process; you will need to work with lawyers, real estate agents, and other professionals to complete the purchase.

How Much Does it Cost to Maintain a French Chateau?

While you may be congratulating yourself for picking up your own piece of France for peanuts, the ongoing costs of upkeep may have you feeling less than enthused about your purchase.

As a general rule of thumb, you can expect to pay between 50,000 and 90,000 euros per annum on running costs and between 900 and 1700 euros per square meter on a renovation project – with the higher amount if you’re looking at a total rebuild.

Get a professional opinion on the roofing condition and any other areas of the property that may need repair or replacement. Having to replace your chateau roof will definitely run away with your money.

In addition, the French government impose a ‘taxe foncière,’ which is a tax on the property itself. This ranges from a few hundred euros to several thousand, depending on the size and value of your chateau.