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Swapping a home in France for a business in France


purples

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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!

 

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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.

 

 

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