What does the French real estate term Bail mean?

The French real estate term bail refers to the lease of a property.

A bail or lease is typically a long term rental plan.

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The Best Ways to search for French real estate

Here are five excellent ways you can find your new French real estate investment. There are more but check these out.

One

French real estate websites

There are many different websites that carry advertisements for French properties including some websites that gather information from numerouss other websites to help reduce your search time. However, in France there still are plenty of properties that never appear on a website.

Two

French Newspaper Ads

It is not unusual for a French real estate agency or private individual to only put an property advertisement in a newspaper ad and not advertise the property on a website. So make sure you take the time to look at the local ads in your area of choice.

Three

French Real Estate Agencies

Make sure you contact French real estate agencies in your area of choice to see if they have properties for sale that they have not advertised on their website or in a local paper. IMPORTANT Note: in France at this time there are still agencies who do not use websites or don’t post all the properties they have on their website.  One way to save yourself time is to contact an English speaking French real estate agent who networks with other agents in your area of choice this can help you find your ideal property easier and faster because they will contact numerous agencies on your behalf.

Four

French Notaries

If you have a special request for a rare French property that is not often on the market make sure you are in touch with English speaking French notaries in your area of choice since they can let you know if there are working on an inheritance transaction that may eventually involve the sale of your dream property.

Five

French Neighbors

If you speak a little French make sure you connect with your neighbors to find out about property coming on the market.

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Paris Real Estate: Buying property difficult for 82 percent of young Parisians

At the end of 2012, according to a study by the University Paris-Dauphine and le Crédit foncier, young Parisians are finding it more and more difficult to find affordable French real estate in the place they currently live.

Only 18 percent of the 25 to 45 year olds who live in Paris have the ability to afford to purchase a property that suits their needs.

This is a sharp change since in 2007 when 28 percent of 25 to 45 year olds who live in Paris could afford to buy a property that suited their needs.

Read the full article in French here.

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French Notaries Confirm French Property Price Drops

In France, unlike the real estate systems in US and Canada where real estate agents have access to sale prices, in France it is typically French notaries who have the access to the most reliable sales data, the prices on the contracts.

So when notaries speak about market trends you can believe they are using real French real estate data from actual sales.

The news, according to French notaries in a report released October 9 2013 the trend is towards lower prices in France.

Transactions are down a total of 13 percent year over year with a slight increase since March this year.

Notaries say the market will rebound when there is more consumer confidence due to a better economic climate and increased employment plus other factors like pending laws on property rights so in general, the future is still not clear.

This indicates not such good news for sellers, but opportunity for buyers.  

If you would like to read the source of this article it is in French and located here

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What does Maison Mitoyenne mean in French real estate?

The French term ‘mitoyen‘ or ‘mitoyenne‘ means common or adjoining. In terms of a wall it means a common wall. (Source: Larousse)

So a  ‘maison mitoyenne‘ in France is a house that has a common wall with another home situated beside it. Sometimes in English we call this type of home a semi-detached home or attached home.

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