Author: The ESREA France Team

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French Real Estate Not Adapted for Elderly People

Currently French real estate is not adapted to its aging population. Approximately, only six percent of French properties are adapted to the needs of people over the age of 65 according to a report presented this week to the French Minster of Housing and the French Minster of the Elderly.

This percentage of French property is lower than the European average. French property is less adapted than German (nearly 8 percent adapted) , Danish (12 percent adapted) and Dutch (16 percent adapted.)

This means as French people get old they will potentially lose a sense of freedom and mobility.

According to INSEE the population of French people older than 60 years old today is 15 million, predicted to rise to 20 million by 2030.

To read the full article in French in Le Figaro click here

Date of Article December 2013

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Video Cannes France New Build Apartment Developments for Sale

French Riviera investors if you are looking to invest in Cannes to take advantage of the revenue potential due to local conferences like MIPIM or the Cannes International Film Festival or just to have a place of your own. Here is a list of the current new apartment developments for sale as of December 2013.

If you read this list in a few months time contact us for an up to date list for Cannes and other areas of interest to you on the French Riviera. This list only includes new build developments in Cannes and not Cannes La Bocca.

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One

Parc Eugenie Cannes France – Private Swimming Pool 

Approx. 9 minutes by car or 30 min walk to the Blvd de la Croisette.

Total Apartments 104

Still Available 24 with mix of Studios and 2 bedroom apartments

Price range Approximately 154 000 to 540 000 Euros

Move in date approximately 3 quarter 2014

 

Two

Cannes Maria (Minutes to Rue d’Antibes et Croisette)

Approx. 7 minutes by car or 10 min walk to the Blvd de la Croisette.

Total Apartments Not Available since Multiple Phases

Still Available with mix of Studios and 4 bedroom apartments

Price range from approximately  193 000 Euros

Move in date approximately 2013

 

Three

Secret Garden – Private Swimming Pool (Port Canto / Pointe Croisette Area of Cannes)

Approx. 2 minutes by car or 5 min walk to the Blvd de la Croisette.

Total Apartments 56

Still Available 42 mix of several kinds

Price range from 155 000 Euros

Move in date approximately 3 quarter 2015

 

Four

28 Montfleury – Private Swimming Pool – Prestige Cannes

Approx. 4 minutes by car or 12 min walk to the Blvd de la Croisette.

Total Apartments 54

Still Available 19 mix one bedroom and 3 bedroom

Price range on request

Move in date approximately 3 quarter 2014

 

If you would like to be in contact with an English speaking French real estate agent who is based in Cannes please contact us here.

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What is a studette in a French real estate ad?

A Studette is a small French apartment. Typically, it is a small studio apartment that may be part of a house.

It may also be called a chambre de bonne, depending on the facilities included with the apartment. In fact, sometimes a chambre de bonne is advertised as a studette.

The key is to ask the seller what facilities are included in the apartment, for example, is there a kitchen? is there a bathroom? is there a toilet?

We can also help you find an English speaking French real estate professional in your area of choice contact us here

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In French Real Estate, what does the organization SAFER mean or do in France?

In French real estate the acronym SAFER is for Les Sociétés d’Aménagement Foncier et d’Etablissement Rural. SAFER is an organization created in France by the Farm Bill of 1960.

When you are going to buy or sell agricultural land in France it is most likely that the sale will be reviewed by SAFER as they have the right of first refusal on the sale. The reason they have this right is intended to protect the economic and environmental value of agricultural land in France.

If you have more questions and you read French you can visit the site on SAFER

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2013 In France what area is the most active of the commercial real estate market?

French commercial real estate is a changing environment. According to an article in Le Figaro Stanislas Leborgne, Director at CBRE, the most significant French commerical real estate transactions that are taking place right now are in Lyon, Bordeaux and Montellier.

Overall it is Lyon that currently is the most active location for French commercial real estate.

Read the original article in French in Le Figaro by clicking here

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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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