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– DMTOs represent 7 to 8% of the purchase price of a home in old buildings and 2 to 3% in new homes.
Just a week ago, the Prime Minister announced that he would give departments that so wish the possibility of increasing by 0.5 points, from 2025 and for three years, the transfer rights for payment. Improperly called “notary fees“, to the extent that they are mainly made up of local and national taxes, the DMTO, paid by any purchaser of real estate, represents 7 to 8% of the price of the latter in the former and 2 to 3% in the new one.
After two years of a never-ending real estate crisis, with credit rates still above 3%, this announcement sparked an outcry among professionals in the sector. It must be said that a 0.5 point increase in DMTO would represent 1,000 euros additional “notary fees” to be paid for the purchase of a property of 200,000 euros, according to the broker Meilleurtaux. An additional cost which would amount to 1,500 euros for a purchase of 300,000 euros, and 3,000 euros for a property worth 600,000 euros. The risk is therefore not small of seeing this increase in DMTO nip in the bud the fragile recovery in real estate transactions that began in September.
Real estate: the Minister of Territories calculates the increase in “notary fees” for a purchase of €200,000
New real estate will escape the increase in “notary fees”
Has the government realized this? First-time buyers, who buy housing for the first time and who represent no less than half of real estate buyersshould be spared by the increase in DMTO, according to Europe 1. And this, whether they buy in the old house or off plan. In new real estate, where sales have been collapsing for months, second-time buyers should also escape the increase in “notary fees” in 2025, according to Europe 1.
“What is certain is that the increase in DMTO will not concern new»replies the Ministry of Housing. Who, however, was not able to confirm the exclusion of all first-time buyers, both old and new, from the scope of the DMTO increase, at the time of publication. “This exclusion of first-time buyers is not safe, unfortunately”sighs a professional source.
