purples Posted November 29, 2006 Share Posted November 29, 2006 Could any one help with this?We have decided to exchange one of our houses in France for a cafe/bar in France. Does anyone know if this is going to be as straight forward as it seems?We have two properties in France so we are aware that we may need to pay a higher rate of TAX.We do have a notaire who dealt with both of our house purchases. Should this notaire be able to carry out this type of transaction?If not, can anyone recommend a good notaire with a good reputation that speaks a little English that would be fully conversant with this type of transaction?Both properties are valued the same so there will be no money passed over at all.Thank you so much in advance for any advise you give! Link to comment Share on other sites More sharing options...
Sunday Driver Posted November 29, 2006 Share Posted November 29, 2006 I believe that the swop will be treated as two transactions - a disposal and an acquisition - your house to the bar owner and the bar to you. That means the normal sale/purchase issues will apply (notaire's fees/registration tax on the purchase of the bar, CGT if applicable on the sale of your house, etc).Your notaire will be able to advise you on the mechanics of the deal. Link to comment Share on other sites More sharing options...
The Riff-Raff Element Posted November 29, 2006 Share Posted November 29, 2006 Of course, you could consider leasing the properties from one another.That could reduce (or rather defer) the costs associated with selling. Link to comment Share on other sites More sharing options...
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