When you buy a French property make sure you buy the property in a manner that is affordable for you long term.
Sometimes in the rush of emotion that comes with buying a beautiful property in France buyers borrow more money that they should to make the investment.
Be aware that even if the bank will loan you a large amount of money based on your current income you need to ask yourself will this investment make you cash poor if somehow circumstances change in your life. Cash poor means most of your income goes to pay the credit on your French property.
Always make sure that the percentage of your income that is used to pay your French property mortgage is (according to the French financial experts) no more than 30 percent of your monthly income.
Need more accurate financial advice we can place you in contact with an English speaking French mortgage broker at no cost to you. Contact us here.