Avoid mistakes. Understand how the French real estate buying process works with ESREA France
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
Calculation of how French real estate agencies charge their rental clients has been changed.
As of September 15th 2014 the calculation of the French real estate agency fee for the assistance in the rental of a French property is now based on the living space of the French property and not on the rent.
The Loi Alur has ended this previous use of using the monthly rent for the agencies to determine their fee.
In a recent Survey in France by Opinionway 90 percent of French people said the French rental agencies fees where too high.
Now agencies can only charge for the following services: *
* you will need to verify the accuracy of this information since rules do change in France, consider this a jumping off point fo your learning.
The drafting of the lease
Compiling the file
The organization of the visits
The inventory of the property
According to an article in Explorimmo (written in French), the first three services are capped in three areas:
Important: Please verify these above details prior to renting a French property, we are not experts in renting and we are simply sharing this information for educational purposes.
We recommend you contact a local English speaking notary for advice via this link
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
When it comes to enhancing the value of a French property there are a number of things you can do: Here are 5 good ideas to consider to help enhance your French property.
One
Home Office Space
In France times are changing and more people are working from home or planning on working from home. Create a home office space from a small bedroom to catch the eye of future buyers.
Two
Install a new Shower Room
If you have a large closet in your house there may be a possibility for you to create a new shower room. We say shower room since it appears at this time that Italian style walk in showers are in demand in France.
Three
Renovate the Kitchen
Kitchens are expensive to renovate but once done they can add a lot of value to a French villa or apartment
Four
Update the Windows
Beyond shower rooms, kitchens and home office spaces French property buyers are very conscious of the cost of energy so if you have replaced the windows with modern insulated windows you have created a more desirable property to own.
Five
Take down the Walls
With the proper professional advise you may be able to remove an internal wall in your French villa or apartment that can open up the space to create a more inviting environment.
Done correctly with the right market timing and quality finishing these ideas may help improve the chances of selling your home.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
This weekend in Nice on the French Riviera is a special time because visitors and residents alike get to discover the history of Nice.
On Saturday September 20th and Sunday September 21st 2014 many of the museum, cultural and natural heritage sites are open to the public so we can all appreciate the cultural and historical values that place Nice (map) as an important town in France.
You can visit the old military fort on Mont Alban or the artwork of Henry Matisse at the Matisse museum among many activities.
Go to the following link to download a brochure. It outlines the different events and locations.
Note: the brochure is in French (we have not been able to find an English version), however you can still use it to find the locations and times of the events. Enjoy!
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
Tour Odeon located in Monaco on the French Riviera is scheduled to be first occupied by new owners in approximately April 2015.
According to an article in Nice Matin and confirmed by a visit of an English speaking French real estate agent we are in contact with the apartments are priced between 70000 Euros to 80000 Euros per square meter of space purchased.
The Tour Odeon developers do not offer an exact sale price per unit due to the fact that it depends on the floor the apartment is located and the level of finishing requested by the buyer. Many buyers may ask for changes that will adjust the final price of their Tour Odeon apartment.
NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is
A few notes on the building:
* The Tour Odeon is 170 meter high and offers outstanding views towards Italy and over Monaco plus view toward the hills behind Monaco.
* Approximately 82 private apartments are for sale in the Tour Odeon with what amounts to five star luxury hotel service available.
* There is now a show suite available to visit so you can see the quality of finishing, one agent tells us the size of the living room in the 427 square meter show suite really gives you the impression you are in a large house not 22 floors up in an apartment building.
* Windows are floor to ceiling in the apartments to take in the amazing views whether you are inside your apartment or outside on the terraces.
* The Tour Odeon is in fact two towers attached that are designed to look like two petals of a flower or the wings of a butterfly when viewed from above, very tasteful
* The finishing is exceptional we have been told there are ten layers of paint on the inner apartment walls that give you the impression you are looking at white stone.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.