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.
2014, at this moment according to a new edition of Envoye Special on France 2 this is the time to negotiate you best purchase price on French real estate.
This is because, in general, one in ten of French properties that are secondary residences need to be sold by the owner who needs to sell because of financial difficulty.
This means a lot of homes are available since there are over 3 million secondary residences in France, 12 times more than in Germany.
This means there are thousands of special purchases to be made if you can find them. But this may not be easy.
According to the report, owners and agencies do not display prices in windows or advertisements that indicate the exceptional deals on French secondary residences. You have to do research, visit properties and make a low offer on the one you want and see how the owner responds.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
A modern French real estate property will typically have one of three types of kitchens.
One is the cuisine indépendante. This is a kitchen that is a separate room with all the cooking and preparation facilities. It is ideal for French property owners who do not like to mix the smells of cooking with other parts of their home.
There are two other types of kitchens:
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
French property can offer a lot to the owners.
There is a vineyard that is part of the Château Miraval close to the village of Correns in the Var department of the South of France.
The Château Miraval is owned by Brad Pitt and Angelina Jolie since 2008.
The vineyard have created an award winning wine from it organic vineyard.
The Miraval Rosé wine called Pink Floyd was rated 90 out of a potential 100 scale and ranked as one of the top 100 Rosé wines in the world for 2013.
The wine is distinguished by its round bottle similar to a perfume bottle
Brad and Angelina have worked regularly with the winemaker Marc Perrin to make the wine produced by their organic vineyard one of the best in the world.
See images of the property and vineyard here
Property seekers who would like to invest in the Var which is a department in the Provence-Alpes-Côte d’Azur region in France can contact us to speak directly to an English speaking French real estate agent contact us here.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
According to new research by Century 21 published in Explorimmo, 85 percent of property buyers in Paris at this time (Summer 2014) are older than 30 years of age.
In fact, the average age of buyers in Paris at this time is 42 years old in contrast to the average age of buyers in France in general being 33.
It is worth noting the percentage of young buyers has increased with the lowering of the mortgage interest rates and with the lowering of Paris property prices.
The young buyers are willing to accept a smaller apartment in Paris and be able to afford to buy in Paris instead of outside Paris.
If you are considering buying a property in Paris and you would like to work with an English speaking bilingual French real estate agent please contact us. We can connect you with an agent in the area of Paris you prefer. Contact us here.
Original article in French here
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
