Author: The ESREA France Team

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InfoGraphic January 2014 Slight Increase in French Real Estate Prices

According to a new infographic posted on PAP.fr there has been a slight increase in the sale prices of French real estate property in the month of January 2014.

Warning: these statistics are only based on a pool of property information of 10 586 transactions registered in 8 agglomerations in France: namely, Paris, Marseille-Aix-en-Province, Lyon, Lille, Nice Cote d’Azur, Toulouse, Bordeaux and Nantes and it represents.

Information will vary by area and needs to be locally confirmed by a real estate professional where possible.

The price for houses based on this resource in January 2014 went up 0.6 percent and the price for French apartments went up by 0.45 percent.

The taux de negotiation for apartments was 4.73 percent and for houses was 5.19 percent.

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See the source article in French here

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What is the taux de negociation in French real estate?

When you see in the French real estate news a reference to the taux de négociation, this is a reference to the difference between the price a property was advertised at and the final transaction price of a French real estate property when an agreement is made between a buyer and seller.

The ‘taux de negociation’ is expressed as a percentage.

Note one: the ‘taux de negociation’ is never meant to exactly indicate that when a property is priced at ‘x’ it will sell for ‘x’ minus the ‘taux de negociation’ it just helps indicated that there is room for negotiation in the sale price of a French property. The ‘taux de negociation’ will vary by area in France.

Note two: the properties that typically sell are the properties that are on the market at a price that attracts attention of buyers so the ‘taux de negociation’ indicates often times the final advertised price before an offer was received and accepted. It does not show that the property may have originally entered the market at a much higher price.

Speak with an English speaking French notary to learn more about ‘taux de negociation’

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Video: QB Move Small House Moving Walls Big Space

As a follow up to yesterday’s amazing Micro Home we introduce the QB Move also designed by Dr Mike Page of the University of Hertfordshire.

This QB move features private sleeping quarters, shower room, sink toilet, full kitchen, complete living room, storage space AND MOVING WALLS that make it possible for you tom make the kitchen bigger!

Watch the short video below for the quick tour of this remarkable liveable home, will we see this someday in France?

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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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Video: QB2 Eco Friendly Micro Houses for Sale for 13 000 Euros, honestly

Dr Mike Page of the University of Hertfordshire has designed a low energy micro home that we have never seen in France.

This home features sleeping space for two people, a full shower room, full kitchen, complete living room, storage space and a high efficiency heating and cooling system.

Called the QB2, watch the short video below for the quick tour of this remarkable liveable home, will we see this someday in France?

After the video see more pictures and details 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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French Investment Opportunity in the Mountains

Owning a French property in the mountains is a dream of many French and international investors.

The French Alps or Pyrenees are a place to go and enjoy the ski slopes for part of the year and a place to gain rental investment when the property is not occupied by the owner.

But sales are down on this desirable type of French property.

In a new French real estate article in Le Figaro David Giraud, head of the construction company MGM says that sales are down. In fact, MGM sold only 180 apartments in 2013, according to Mr. Giraud when in 2010 they sold 360.

As always price is always the issue and in addition MGM CEO suggests they need to adjust to the changing needs of buyers by adjusting the size of the apartments and changing the facilities offered to catch the attention of what news buyers are seeking.

The good new for you if you are looking to invest is that the reduced demand means opportunity is knocking for you to get a good price on a French mountain property.

Read the full article in French 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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