Author: The ESREA France Team

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Paris Real Estate Market Sales Decline

The number of Real Estate Sales in the Paris region of France are down again.

According to the latest report from the Notaries of France sales in the Paris region are down 14 percent.

In Île-de-France, between December 2014 and February 2015 approximately 31 000 units were sold. This is 14% less than during the period December 2013 and February 2014.

For more details visit the notaries of France website here or contact an English speaking French real estate agent in your preferred area of France. You can contact us to assist you in finding an agent for you at no charge.

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Photos Jean Luc Pele Desserts Cannes

Jean Luc Pele Macaroons

We all know that France is not all about about real estate there are many different parts of French culture many people find delicious.

One is the food, more precisely, the artistic preparation of the food with a particular focus on desserts.

In Cannes on the French Riviera you will find in one store the artistry of Jean Luc Pelé.

The photos only give you a sample of what you will see.

When you taste a treat you will have a whole new experience.

Happy tasting!

P.S. Jean Luc Pelé’s artistry is another good reason to have a property in Cannes! Contact us if you need an English speaking French agent.

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What is an accord de pret immobilier in France?

french real estate finance

When you are buying French real estate with a loan (mortgage)  and you have applied for a loan you will wait to hear from your bank if they are willing to give you “L’accord de prêt immobilier”.

L’accord de prêt immobilier is a document that states the bank is willing to loan you the money you are asking for.

This is NOT the same as the official offer of financing to help you buy your french property.

If you would like a clear understanding of what is involved in financing the purchase of a French property we can help get you in contact with an English speaking French mortgage broker.

Simply contact us today.

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French Mortgage Rates Decline Again in April 2015

Euro

According to economist and founder of Clameur Michel Mouillart “we have never seen interest rates this low” as quoted in Explorimmo.

For the month of April 2015 according to l’Observatoire Crédit Logement / CSA, mortgage rates stood on average at 2.03 percent for all durations compared to 3.08 percent in December 2013.

Overall in the first quarter of 2015 the average mortgage rate has been 2.19 percent compared to 2.38 in December 2014.

For more details we can help you connect with an English speaking French mortgage broker just contact us here.

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Top Ten Cities to Invest in France 2015

 

ViewBeauSoleil

If you are planning on investing in French real estate you need to check out the top ten cities recommended to place your money in France.

Explorimmo and Explorimmoneuf have created their 4th annual edition of the top ten cities to invest in France. They look at the top 30 most populated cities in France and look at the following criteria:

One
Evolution of Price

Two
Employment

Three
Presence of Students

Four
Price of Real Estate Old and New

Five
Average Prices of Rentals for Studios and 2 Bedroom Apartments

Plus other criteria.

The Results:

Number one Toulouse

1- Toulouse
2- Lyon
3- Nantes
4- Lille
5- Bordeaux
6- Villeurbanne
7- Montpellier
8- Nîmes
9- Grenoble
10-Le Mans

If you wish to speak directly with an English speaking French real estate agent in one of these areas we can help you contact us here for guidance at no charge.

Read source article in French here

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