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French Real Estate loi Numerique Real Property Values

english speaking french real estate agents

French real estate information is / maybe going to change and it will be extremely valuable for all French property buyers and sellers.

The new loi numerique working its way thru the legislative path in France, if approved, has a section that (if approved) will allow for the transparency of data related to the sale of property prices in France.

If approved by the National Assembly, the French financial branch could open its doors and disclose its details on property values. This would mean it will be possible to know the selling price of all dwellings in France.

This would be an amazing change for buyers so they could find out details on the actual sale prices of French homes similar to the one they are thinking of buying and sellers will know better the real potential value of their home in the market place.

This sort of access to sales data already exists a very long time in countries like Canada, the USA and Australia and will be most welcomed in France.

The real question will be ‘Will this part of the loi numerique actually be accepted and if so, what will be the rules applying to disclosure?’

In the meantime, connect with an English speaking French real estate agent who is a specialist in your area of choice to help you get an understanding on the market values to help you in your real estate decision making process. Contact us to help you connect with an agent here. Our assistance is currently at no charge to you.

 

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Video French Village Trip to the Local French Bakery

english speaking French real estate agents

Living in France offers the French property owner one of the most delightful experiences. The experience of waking up and going to a local bakery to buy freshly baked on premises, mouth watering baked items.

To give you the experience we have frequently (but not too frequently) we made a short video of the walk to the local French bakery in a French village. Click on the video image below or this link a walk to a local French bakery. Bon Appetit!

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French Real Estate Airbnb and the New Digital Law Loi Numerique

english speaking French real estate agents

French real estate has been changed recently by the loi Alur, the loi Macron and coming soon with just a final approval needed the Loi Numérique will impact French real estate owners and buyers.

French real estate will be impacted in several ways.

Here are two examples:

One
French Real Estate Seasonal Renters Registration
Owners of French real estate who use online platforms like Airbnb will be impacted.

The new loi once in place will according to an article in explorimmo allow cities with a population of more than 200,000 after consulting with the local council / city hall, require owners that do seasonal renting to register their property with the local authorities and the local authorities may be able to state how often you can rent per year.

Two
French Real Estate Seasonal Owners Income Disclosure
Additionally platforms such as Airbnb will be required to disclose contact details of owners who have earned over 5000 euros per year via the platform to help the government recover the taxe de séjour.

For more details consult with your local English speaking French real estate tax adviser. If you need help to find one you can contact us to assist you.

Source article in France here

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Four Things to Check before you buy a French property

english speaking French realtor

When you are buying French real estate in particular a French house on land or a piece of land like a vineyard there are a number of items you need to consider. Here are 4 items as a starting point. Get our 110 Tips guide for more suggestions.

One
Boundaries
You need to know for the purpose of usage and value where exactly are the boundaries of your property? You need to request from the seller’s notary the Plan de Bornage which is a survey of the boundaries of a property.

Two
Access
You need to confirm your access to the property. Is the access actually on your land? Does anyone else have access to your property to get to their property? Consult your notary.

Three
Future planning
You need to consult the local city hall development office to find out if any construction will take place close to your property that will impact your view or even the sunshine that enters into your home.

Four
Utilities
Is the French property connected to the city drainage system or is it on a septic field? Is there a direct water supply for the home? Is there consistent internet connection?

This is just the beginning of the questions you need to ask. You will be well advised to work with a English speaking French real estate professional to use their experience to help you. We can help you find an agent in your area of choice at no charge to you. Contact us here.

You will also want to get out our e-guide 110 Tips for French real estate property buyers.

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What is a plan de bornage in French real estate?

english speaking french real estate agent

When buying French real estate that is a piece of land or a house on a piece of land it is particularly important you have a plan de bornage.

A plan de bornage is a plan that shows the actual boundaries of the property so you know where your property begins and where the neighbors starts. You will also want to make sure you know if there is any access to another property across your property. Consult with your English speaking French notary for more advice.

If you need to find an English speaking French property surveyor to create a plan de bornage you are welcome to contact us and we will do our best to assist you. Contact us here

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