This post is a reminder that the mortgage interest rates in France continue to drop at this time.
We had a client who purchased a home in Aspremont in the south of France in 2012 with a mortgage rate of 4.5 percent over 20 years and now a current client who is buying with a mortgage rate of 2.25 percent over 20 years.
Even if you are not planning on buying a French property right now, it may be possible for you to renegotiate the mortgage you currently have on your French property. This can save you a lot of money long term.
If you would like guidance to help you find an English speaking French mortgage broker please contact us we are here to assist you.
With the current low interest rates on French mortgages we could not help ourselves and we invested in a beautiful French home.
When you step inside the front door we saw what you see in the picture above. It was love at first sight for my wife and I.
If you are looking to invest in the French property of your dreams. Contact us and we can help you find an English speaking real estate agent to help you in your area of choice.
If you have a French property and you wish to install a swimming pool you need to consider at a minimum the following 5 important points:
One
The Rules
Depending on the part of France you live in and the size of the swimming pool you may or may not have to have a permit for construction. Before you invest check with the local city hall to find out the regulations for the installation of a swimming pool.
Two
The Taxes
In general when you have installed a swimming pool on your French property it is considered as an item that increases the value of your property. Therefore, you need to consult with your local government office to find out how your property and residential taxes will be impacted by the installation of the pool before you make your investment.
Three
The Cost
The cost of a swimming pool installed on a French property varies with the type of pool.
If the pool is above ground we have seen prices between 6000 to 15000 euros.
If the pool is installed in the ground the price is much more expensive. We have seen prices starting at a minimum of 10000 euros to 65000 euros and upwards.
Remember in your budget for a French swimming pool you need to allow for maintenance which can be daily.
Contact a professional pool installation company to get exact pricing details.
Four
The Security
Make sure you have effective safety systems in place when you have installed a pool on your French property. Deaths related to swimming pool incidents are one of the highest causes of accidental deaths in France.
Five
The Usage
It is not uncommon for us to speak with owners who have installed a pool and they rarely use it. The pool is more like an unused feature of the home.
Make sure that before you take the time and money and have to pay the extra taxes after the installation of a pool that it is something you will really use and get your return on the value invested.
If you have already a French property in the south of France that has a swimming pool and you would like to rent it out seasonally you can contact us since we know agents who specialized in renting luxury property with a swimming pool. Contact us here.
French Property Prices and History Data naturally continues to change
At this moment in time the French property market is much more active that it was a year or even six months ago according to the English speaking real estate agents we know.
When you click on this link you will find the latest report on the historical trend in French property prices. Courtesy of the French Council General’s department for the environment and sustainable development.
Does the French real estate advertisement you are reading tell you everything you need to know about the co-property you are reading about?
Since the French Real Estate Loi Alur came into effect we understand it is now a requirement that the following items be noted in a French real estate advertisement for a French Co Property (condominium):
One
Advertisements should state that the real estate for sale is in a co-property.
Two
The number of lots in the co-property must be stated in the advertisement.
Three
The annual cost of charges to be paid by the owner must be in the publicity.
Four
The announcement must indicate if there is a procedure in progress relating to the co-property.
For more details in French visit this site or if you want to speak to an English speaking French real estate agent contact us here.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
