Author: The ESREA France Team

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How to Buy a French Property in Five Steps

If you are planning on buying a French property we can outline the steps very quickly.

One
Contact Your French Bank or French Mortgage Broker to pre approve you for your French Mortgage
If you are an international buyer we have experts who can help you with international finance.
Remember to do this Before you start looking for your French Property

Two
Find your French property.
We know we are making it sound simple since the process can be complicated. Just make sure you get yourself in contact with local English speaking French real estate professional in your area of choice. We can help you find the right one for you.

Three
Sign the purchase contract
Again we are making it sound simple but once you have found the right property with the help of an English speaking French notary and your English speaking French real estate agent you will have the compromise de vente created.

Four
Apply for the French mortgage
Once you have your compromis de vente signed by all parties to the sale your French bank or French mortage broker can work on helping you get the financing request completed.

Five
Complete the Sale
Once you have your financing in place and all other conditions of your purchase are fulfilled you can complete the sale with the aid of your French notary.

That’s the five step overview.
Check out our 110 Tips French real estate buyer’s guide here

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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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Bad French Landlords 1000 Euros Per Day Fine

As part of the new Loi Alur French real estate property landlords who rent substandard housing and are requested to make repairs and given a dead line to do so by French authorities. If the French property landlord does not make the repair within the designated time limit   he / she may receive a fine of potentially 1000 euros per day until the work is completed.

For clarification on this law if you think it may impact you will need to seek legal advice.

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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Which French Cities will be affected by Rent Controls on Real Estate in 2014?

French real estate is impacted by the new Loi Alur. One thing of concern for real estate owners, professionals and renters alike is the impact of rent contracts that are supposed to take place later this year (2014).

In fact there are currently 28 agglomerations that will be affected by the rent controls on French real estate. The cities inside these agglomerations that will be directly impacted will be made by decree later this year.

Here are the agglomerations we understand will be impacted according to an article in Explorimmo.

One
Ajaccio Annecy

Two
Arles

Three
Bastia

Four
Bayonne

Five
Beauvais

Six
Bordeaux

Seven
Draguignan

Eight
Frejus

Nine
Annemasse Geneva

Ten
Grenoble

Eleven
La Rochelle

Twelve
La Teste -de- Buch – Arcachon

Thirteen
Lille

Fourteen
Lyon

Fifteen
Marseille – Aix -en- Provence

Sixteen
Meaux

Seventeen
Menton – Monaco

Eighteen
Montpellier

Nineteen
Nantes

Twenty
Nice

Twenty-two
Paris

Twenty-three
Saint- Nazaire

Twenty-four
Sète

Twenty-five,
Strasbourg

Twenty-six
Thonon -les- Bains

Twenty-seven
Toulon

Twenty-eight
Toulouse.

Read original article in French here and get up to date information since the guidelines may have changed since this was published.

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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French New Build Construction News Bad and Good

According to the French Ministry of Housing with it latest report yesterday March 25th, French new property construction starts are on a continual decline so far in 2014.

New construction has fallen again in the 3 months between December 2013 and February 2014.

French real estate developers see 2014 again as a BAD year.

GOOD News: Due to the negative experience for new French home builders, this can be an ideal moment for you to invest in French new construction. Currently we speak to developers who are selling apartments with garages included that are normally at additional cost. Note: New construction has lower Notary fees by a significant amount. This reduces your cost to purchase a new investment in France.

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

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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 Property by Shigeru Ban Winner of the Pritzker Prize 2014

Japanese architect Shigeru Ban has created some intriguing French properties. Shigeru Ban is now the new winner of the nobel prize of architecture called the Pritzker Prize.

Mr Ban has created properties like the Centre Pompidou-Metz in France and the Vasarely Pavillion in Aix-en-Provence.

To see more details about Mr Ban’s work and see more visual masterpieces on the Pritzker Site in English visit here

To see more images of Mr Shiguru Ban’s work in France in an French article go here, amazing!

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

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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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