1. Communal maintenance charges.
Communal Maintenance (co-proprietorship) charges at the Helyxir developments vary depending on the size on the development and the developments unmanned facilities.
2. Council Tax (Tax foncière)
The local “Taxe Foncière” is an annual tax payable to the local town – a real estate tax similar to the rates levied in most countries. It is used by the local authorities to cover the costs of lighting, maintenance, rubbish collection etc for the town’s residents. The tax is levied on the basis of the theoretical rental value of the property, and is adjusted annually in line with inflation; typically this equates to ~10€/M²/annum but can vary from town to town.
3. Council Tax (Tax d’habitation)
The “Taxe habitation” is applicable to all residents in France. This tax is calculated on multiple variables, including income in France and number of family members living under the same roof. In the circumstance that you have bought a property on the basis of a sale & leaseback scheme or regisited the purchased property as a holiday home that you do not use for more than 182days per annum, you will be exempt from this tax.
The properties that have reclaimed their VAT, will require an accountant to file your annual tax returns. This will cost you ~350€/year.
As any property in any country you will need to insure the property for both personal belongings and liability. The cost is approximately 150€/annum.