French Property Prices Down in 2013 but Sales were Up

According to Century 21, overall in France, French residential property prices fell by 1.8 percent in 2013. This is in addition to the 1.9 percent fall in 2012.

This indicates French real estate property prices are about the same as they were in 2010.

The largest price drops were in Pays de La Loire with a fall of 7.8 percent.

Prices fell by 3.8 percent in Provence Alpes Cote D’Azur.

Prices fell by 3.9 percent in Paris and 2.9 percent in Ile de France.

The overall French average is not as low as expected most likely due to the fact that areas like Limousin experienced a positive increase of 7.6 percent. This increase when factored into the data makes the overall average drop appear smaller.

In addition, the agencies referred to in the original report stated that there was an overall increase in sales of between 3 to 5.5 percent in 2013, in contrast to the downward trend in sales in 2012. This indicates buyers are taking advantage of the lower French property prices.

Original source article here

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

* indicates required



Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

French Real Estate 2014 the Two Tiered market

According Kate Everett-Allen of Frank Knight real estate the French real estate property market operates on two levels.

On one level
French Properties enter into the market priced accurately, marketing starts, interest is generated, visits take place and sales take place

On another level
There are many French properties that are unrealistically priced based simply on how much the owner wants to gain and not what the market will bear. These French properties stay on the market a long time due to the lack of realism on the part of the owners and a lack of clarity as to what the real market value is.

To find the best diamonds hidden in the French market you need an experienced professional who works with all sellers and all agencies. We can help you locate the English speaking French real estate agent in your area of choice who can help you find the diamond in the rough.  Contact us here.

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

* indicates required



Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

What is Code de l’urbanisme mean in French real estate

If you own or plan to own a French property it is important to note the French planning rules and regulations are codified in a single text, the Code de l’Urbanisme.

French control of development is very comprehensive.  You need to obtain permission for essentially all types of development even if you just want to build a garden shed.

When you are buying French real estate with the intention of doing renovation or you own a French property and you want to do a renovation you must to refer to The Code De L’Urbanisme.

For example, as part of the Code De l’urbanisme a French property owner who wishes to construct or to employ someone to construct a building to be used for habitation or not, with or without a foundation must first of all contact the local city hall or appropriate local authority  to apply for and obtain a Permis de Construire (a building permit)

You must check if you need a building permit when you are doing work to an existing French building, for example, when it would change its usage, when the exterior appearance would change, volume would be modified, extra levels added.

This is just a beginning of the list of instances when you need a French building permit so before you start to do any work inside or outside your residence or even before you buy a property that you want to do work on it is best to contact your local city hall, tell them what you want to do and find out if you need a building permit.

Details on the Code de L’Urbanisme in French are here

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

* indicates required



Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

What is a lavabo or lave mains in a French real estate ad?

A lavabo or lave mains in a French real estate ad is most likely referring to the little sink you will find in the WC or toilet room in a French apartment or house.  Not all WC or toilet rooms in French properties contain a lavabo or lave mains so it is a nice feature to see advertised and present in the property you buy.

If you are curious the word ‘robinet’ refers to the tap on the lavobo or lave mains.

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

* indicates required



Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

What does the French term vue sur les toits mean in a French real estate ad?

The French term vue sur les toits means view of the roof tops from the building, most likely an apartment.

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

* indicates required



Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.