Evianers Posted January 22, 2014 Share Posted January 22, 2014 Not entirely sure that this is the correct section, but hopefully yes it is.When a newly constructed building of apartments is erected, who determines the Taxe Fonciere, the Taxe d'habitation and most essentially the charges? Thinking of downsizing to an apartment and need to have all the facts straight before actually embarking upon this rather major undertaking. Thanks to all knowledgeable contributors. Link to comment Share on other sites More sharing options...
Pickles Posted January 22, 2014 Share Posted January 22, 2014 Regarding TF, essentially there is an assessment office which determines the annual rent that the property could obtain in theory and then deducts 50% for costs. This figure is then used as the base figure (exactly as used to happen in the UK in the old council rates assessment), and a proportion of that figure is charged as TF.The same base figure is used to determine the TdH - but then reductions will apply according to your personal situation.Charges copropriétés are initially determined by the managing agent appointed by the builder. Beware that it is not uncommon for the builder to choose a poor initial syndic, not to say incompetent or corrupt, as this will result in rectification work being charged to the copropriétaires rather than the builder. The charges will be based on an assessment of the running costs of the building (eg there will be contracts for the maintenance of the lifts and grounds, insurance policies, any security or concierge, lighting and maintenance of common parts, access control systems etc) plus possibly some form of sinking fund for things like internal or external repainting etc. Normally this estimated budget will then be split across 4 annual payments, plus a reconciliation payment or credit at the end of the year when the annual accounts have been made up to reflect the actual expenditure. The split between individual apartments will usually go via floor area. Thus, depending upon the size and complexity of the residence you might have some costs split across apartments only, other costs split across surface parking spaces, again other costs across underground parking spaces, caves etc.Older apartments in certain areas had collective heating and hot water installations, which can seem efficient for those who live there all the time. Link to comment Share on other sites More sharing options...
Evianers Posted January 22, 2014 Author Share Posted January 22, 2014 very comprehensive and understandable reply - thank you.Uebrigens - sehr schöne Ferienwohnungen in Oe!! Link to comment Share on other sites More sharing options...
Pickles Posted January 22, 2014 Share Posted January 22, 2014 [quote user="Evianers"]Uebrigens - sehr schöne Ferienwohnungen in Oe!![/quote]We think so! However, we only own one large studio and the current published "official" prices have been set collectively - and they are too high. Link to comment Share on other sites More sharing options...
NormanH Posted January 22, 2014 Share Posted January 22, 2014 Althougth the thread was about older appartments there were some eye-opening comments about co- propriétés herehttp://services.completefrance.com/forums/completefrance/cs/forums/3043561/ShowPost.aspx Link to comment Share on other sites More sharing options...
Evianers Posted January 23, 2014 Author Share Posted January 23, 2014 These exchanges make very interesting reading! Thank you Norman.Today I went to see an apartment in a lovely Art Nouveau building in the centre of Evian.When I made the appointment yesterday I asked twice was the person calling an agent?Twice he said emphatically "no". Guess what? He was an agent. He would not give me the price either so it was a wasted journey when he finally disclosed a cool €1,000,000.If we don't buy it, within six months he guaranteed it would be sold to Russians. He'sprobably right - more's the pity, as their purchasing power is way beyond what we localscan now afford. Boo Hoo! Link to comment Share on other sites More sharing options...
richard51 Posted January 23, 2014 Share Posted January 23, 2014 Am I missing something. You are downsizing in the local area, but can't afford the smaller property? Link to comment Share on other sites More sharing options...
Evianers Posted January 24, 2014 Author Share Posted January 24, 2014 [quote user="Pickles"][quote user="Evianers"]Uebrigens - sehr schöne Ferienwohnungen in Oe!![/quote]We think so! However, we only own one large studio and the current published "official" prices have been set collectively - and they are too high.[/quote]Absolutely right! Apartments here, especially new builds, are substantially more than the cost of an existing house. We were offered one such last week at the jaw-dropping price of €770,000. The ironic thing is, we were asked by the estate agent "could we perhaps pay in 'liquid' which might reduce the taxes the builder has to pay". {This is probably highly illegal but just goes to show}. Just yesterday I saw a large apartment in a beautiful Art Deco building [used to be a hotel] - asking price €1,000,000! and that's without double vitrage. It was lovely though, with a splendid view of the lake. Link to comment Share on other sites More sharing options...
Evianers Posted January 24, 2014 Author Share Posted January 24, 2014 Sorry, the reply should have been addressed to this posting Link to comment Share on other sites More sharing options...
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