Author: The ESREA France Team

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What does HAI mean beside the Price of a French property?

The French real estate law has changed. You used to see a property for sale in France with FAI beside the sale price in an agency window. FAI is an acronym that means ‘frais d’agence inclus’ that is agency fee included.

Now the new law replaces the word ‘frais’ with the term ‘honoraires’ so you will now see HAI beside pricing. It is another way to say what the agency charges for their work is included.

Make sure the price with the agency is TTC. TTC is an acronym that means ‘toutes taxes comprises’ all taxes included.  This is important since GST or VAT known as TVA in France, the tax on services changed from 19.6 percent to 20 percent. Make sure the agency fee includes the TVA so you don’t want a huge tax surprise when you go to pay the agency who has helped you find your dream property in France.

Before you request the free ebook below read what people are saying about ESREA France – some examples:

Cynthia Sadler wrote ” I am so grateful to you for your help, and I have already spoken to friends who are planning to retire in France after their children graduate from college in 5 or 6 years, letting them know about the wonderful support that ESREA France will be able to provide when they start looking for a house to buy. You can be sure that I’ll be referring other friends who are thinking about relocation possibilities to you as I learn of that interest!I”  

Tanya Coletz wrote “I can’t recommend David enough, such a refreshing experience after months of trying to find suitable professionals myself he managed to find English speaking, qualified and responsive recommendations immediately. He also responded to my emails on a French holiday and followed through on every promise at a very reasonable price. I’m very grateful for his help and highly recommend his professional service”

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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French Real Estate Mortgage Rates Where are they the cheapest? Now

According to a new report by French real estate provider of credit Meilleurtaux the interest rate you pay for credit can be lower depending on the area in France you wish to buy in.

Meilleurtaux noted in the report that in Paris it can be possible to get a 20 year mortgage for as low as 2.15 percent. Toulouse is on the average 2.25 percent for a 20 year mortgage, the same for Bordeaux. Lyon is 2.3 percent for a 20 year mortgage.

This rates relate to credit offered to the best clients in the month of November 2014.

According to this same report referred to in Explorimmo the best client portfolios can get on average 2.30 for a 20 year mortgage and the ‘standard’ client applications can get on average 2.65 percent for a 20 year mortgage.

For full details and clarification on the difference between the ‘best’ and ‘standard’ clients it is best you speak to your English speaking French Bank manager or French mortgage broker. If you would like guidance to find an English speaking French mortgage broker please contact us here. We have contacts for you.

If you read French the full article is here.

Below you can get your free introduction ebook about French real estate mistakes to avoid

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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Good News: French commercial real estate investment up 10% in third quarter

According to a new report in Propertywire, the French commercial real estate market is going to exceed €15 billion, a 10% increase compared to the same period in 2013.

Savills research shows that investors in France continue to concentrate on Paris IDF, which accounts for 67% of the national investment volume already this year. This is in contrast to in other European cities, such as the UK, where investor demand has moved out to more regional cities.

Read the full article here in English

Below you can get your free introduction ebook about French real estate mistakes to avoid

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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Graph French Property Sales Estimate Update Alpes Maritimes Houses

News Update: French real estate market information on houses like apartments continues to be complicated to understand since the access to most sales data is not available in France at this time (November 2014).

Here is one graph of the French property sales estimates for houses in the Alpes Maritimes over the last two months we could get data access to.

Sales data houses france

The second graph below shows the difference between sales and listing prices for houses. The upper line in greenish yellow is original on market prices, dark line is sales prices. Approximately 10 percent difference down to 5 percent on higher priced properties.

french real estate pricing graph

We recommend you speak with a local agent in your area and ask them to search out data on properties like yours that have just sold. Sales values are typically localized. This task is no easy one but a well connected agent can help you.

Below you can get your free introduction ebook about French real estate mistakes to avoid

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Request below via the sign up form. Just scroll down, add your email and click Subscribe

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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Graph French Property Sales Estimate Update Alpes Maritimes Apartments

News Update: French real estate market information continues to be a bit of a mystery since the access to most sales data is not available in France at this time (November 2014), unlike in countries like Canada and the USA.

Here is one graph of the French property sales estimates for apartments in the Alpes Maritimes over the last two months we could get data access to.

french real estate paca

The second graph below shows the difference between sales and listing prices. The upper line in greenish yellow is original on market prices, dark line is sales prices. Approximately 10 percent difference.

french real estate sales Paca market change

We recommend you speak with a local agent in your area and ask them to search out data on properties like yours that have just sold. Sales values are typically localized. This task is no easy one but a well connected agent can help you.

Below you can get your free introduction ebook about French real estate mistakes to avoid

Get your FREE copy today

Request below via the sign up form. Just scroll down, add your email and click Subscribe

This request also entitles you to our biweekly ezine and you can unsubscribe anytime.

Videos/Free eGuide 10 Mistakes Made by French Property Buyers and Sellers

* indicates required



Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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