Author: The ESREA France Team

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French Notaries French Property Price Not Falling

French real estate property prices are not falling, according to the most recent report by French notaries.

The prices of existing properties has remained stable in the third quarter of 2013.

Typically, the months of July August and September is one of a dynamic real estate market in France and this year according to French notaries was no exception.

Read the full article in French here

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What does SCI mean in French Real Estate?

SCI in French real estate is an abbreviation for Société Civile immobilière.

Société Civile immobilière is a legal entity set up, for example, to buy a French property.

A common form of SCI or Société Civile immobilière that we have heard of is a SCI de gestion that brings together at least two people to own one or more properties.

To learn more about Société Civile immobilière and how it could benefit you we can put you in contact with an English speaking French real estate tax and legal adviser  Contact us here.

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What is a Cour in a French property ad?

If you see the term ‘cour’ in a French property advertisement it is typically referring to a courtyard, a private area inside a residence where there may be a swimming pool or other facilities for the residents to use.

Here are questions with the answers:

What is a pied a terre in French real estate?

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What is Coin cuisine in a French real estate ad?

A coin cuisine does not mean you have to use coins to use the kitchen, in fact, coin cuisine in a French property is typically referring to a small corner kitchen often found in a small studio apartment.

NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is

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French Real Estate Prices in 2013 no Market Crash or Collapse

French property prices did not collapse in 2013, according to a report by MeilleurTaux published in Le Figaro.

In fact according to this French real estate report the market over all only declined about 1 to 2 percent in France during 2013.

Overall, there was no collapse in sale prices or number of sales this year as was sometimes predicted.

Buyers of French property still have inexpensive mortgages available and this favorable market should continue into 2014 according to the report.

Read the full article in French by clicking here

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