France · Housing

A flat market,
an open door.

French prices barely moved in 2025 — no Portugal-style surge — and there are no nationality restrictions on buying. The catch is the 7–8% purchase costs and a rental system built around 3-year leases. Here are the numbers.

Last verified: 8 July 2026

What homes cost

AreaPrice €/m²≈ USD/m²*Data quality
France (national average, existing homes)€3,405 (Q3 2025)$3,880Notaires de France / INSEE-Notaires index
Paris (apartments)€9,580 (Feb 2026)$10,920Notaires du Grand Paris — official transaction data
Île-de-France (apartments)€6,160 (Feb 2026)$7,020Notaires du Grand Paris
Nice≈€5,274 (Jun 2026)$6,010Portal estimate — not notaire data
Montpellier≈€3,850$4,390Portal estimate
Toulouse≈€3,500–4,200$3,990–4,790Portal estimate

*At €1 = $1.14 (July 2026). City figures other than Paris/Île-de-France are portal estimates (MeilleursAgents/SeLoger), not official notaire data — treat as indicative.

The trend: 2025 prices were roughly stable nationally (apartments up about 1%). France sat out the price surges seen in Portugal and elsewhere — good news for buyers, less so for anyone hoping to ride appreciation.

No nationality restrictions. Americans and Canadians buy French property on identical terms to French citizens — no permits, no extra buyer taxes, no residency requirement. Owning property does not, by itself, grant any right to live in France; the visa comes first.

The real cost of buying: the "frais de notaire"

CostWhat it is2026 numbers
Transfer duties (DMTO)The main tax, set by department5.09–6.31% of the price, depending on department
Notaire's fee + registrationRegulated scale plus land-registry costsMakes up the balance of the package
Total on an existing homeThe all-in "frais de notaire"~7–8% of the purchase price (new-build homes attract lower duties)

On a €400,000 house, budget roughly €28,000–32,000 on top of the price. The notaire is a public official who handles the conveyance for both sides — buyers can (and foreign buyers should) appoint their own at no extra cost, since the fee is split.

The taxes once you own

Renting first: how the French system works

The standard unfurnished lease runs 3 years (furnished: 1 year), heavily tilted toward tenant protection — the landlord can only end it at term, for narrow reasons. Rents rose about 1.5% nationally in 2025, and rent control (encadrement des loyers) caps rents in Paris and several other cities. The hard part for newcomers isn't price — it's the file: French landlords typically want a dossier proving income comfortably above the rent, and without French payslips you should expect to prepay months ahead, offer a larger file of pension/income evidence, or use a specialist relocation agency. A 12-month lease also strengthens your visa renewal file.

In this section

Guides

Coming soon

Buying in France: compromis to acte

The two-contract process, the 10-day cooling-off right, and where foreign buyers get burned.

Coming soon

Renting without French payslips

The dossier landlords expect, guarantee services, and what actually works for retirees.

Coming soon

Mortgages for non-residents

Loan-to-value realities, the insurance-based age limits, and current French rates.

Sources

  1. National average and trend: Notaires de France bilan immobilier / INSEE-Notaires index, Q3 2025
  2. Paris and Île-de-France: Notaires du Grand Paris, February 2026 (paris.notaires.fr)
  3. Nice, Montpellier, Toulouse: MeilleursAgents/SeLoger portal estimates (June 2026) — labelled as estimates above
  4. Purchase costs: economie.gouv.fr and notaires.fr — total ~7–8% on existing homes, of which DMTO 5.09–6.31% by department
  5. Property taxes and no-restriction rule: impots.gouv.fr / Service-Public (taxe d'habitation abolished on main homes 2023; still due on second homes)
  6. Leases and rent control: Service-Public (loi de 1989 tenancy framework; encadrement des loyers); 2025 rent trend ~+1.5% national
This page is general information, not legal or investment advice. Appoint your own notaire and, for complex purchases, an independent lawyer.
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