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In French real estate what 9 diagnostic reports are required for a sale?

Belvedere France

Depending on the location and type of French real estate your are selling you will have to provide the following diagnostic reports to the buyer:

One
The Energy Performance Report (DPE)

Two
The Asbestos Report (Amiante)
Depends on the year the property was built.

What year did they stop using Asbestos in France? Click here

Three
The Lead Report (Plomb)
Depends on the year the property was built.

Learn about the presence of lead in French properties and a new European directive here.

Four
Natural Disaster Report (ERNT) Replaced by this new report ESRIS

Five
The Electrical Installation Report

Six
The Gas Installation Report

Seven
The Sanitary Disposal Report

Eight
The Termite Report more details here

Nine
The Mold Report (Merule) more details here

Find out more about what is contained in these reports by speaking with an English speaking French real estate agent. We can help you connect free of charge contact us here. 

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Are the French real estate agencies fees now controlled?

Are the French real estate rental agencies fees now controlled?

According to this article in Explorimmo in French, due to the Loi Alur, since September 2014 the real estate agency fees charged to a renter in France are now controlled.

Before, in general, the new renter paid the agency the equivalent of one or two months rent.

Now the agencies can only bill the renter for 4 services and the total costs are shared 50 / 50 between the landlord and the renter.

These are the following services:

One
La rédaction du bail (the drafting of the contract)

Two
La constitution du dossier (the creation of the file)

Three
L’organisation des visites (the organizing of the visits)

Four
L’état des lieux. (the inventory of the property)

The cost of each of these services is related to the size of the property and its location.

For more information speak with an English speaking French real estate agent in your area of choice. We can help you find one at no charge to you. Contact us here.

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French Notaries Latest Market Report

According to the latest French notaries real estate report available in French here over the last 7 years the buying power of French property buyers has increased 20 percent due to the declining prices and the reduction of mortgage rates.

In this latest report there is evidence of the drop in prices of pre-owned apartments during the last quarter of 2014.

For example,
Nice (-2.4 percent)

Lille (-1.2 percent)

Paris (-2.1 percent)

Price increases have take place in:

For example,

Toulouse (+3.3 percent)

Bordeaux (+1.3 percent)

Lyon (+0.2 percent)

But there have been large price drops in rural areas such as:

For example,

Caen (-13.0 percent)

Reims (-11.1 percent)

Saint Etienne (-10.0 percent)

For details on the price changes on apartments in other areas of France or on French pre-owned houses you can consult the report in French here or to learn more in English we can guide you at no charge to an English speaking French real estate agent. Just contact us here.

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French Real Estate New Infographic: National difference List and Sale Prices

Nationally the French real estate prices have dropped, according to a new survey done by Orpi, Le Figaro and Explorimmo. Original here in French

The National difference between list price and sale price is

Minus 4.74 percent

**
For a Studio (Apartment without a separate bedroom)
Minus 4.48 percent on average

**

For an one bedroom apartment
Minus 4.32 percent on average

**

For a two bedroom apartment
Minus 4.38 percent on average

**

For a three bedroom apartment
Minus 4.47 percent on average

**

For a four bedroom or larger apartment
Minus 5.15 percent on average

** prices are base on a survey of information between February 2014 and February 2015.

If you need the details explained more including the details in French in the linked article we can help you contact an English speaking French real estate in your area of choice. We do this at no charge to you. Contact us here.

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Paris France Real Estate Prices Continue to Fall

At the end of March 2015 the average price per meter squared in the always desirable city of Paris has gone below 8000 euros.

This is for pre-owned French real estate in Paris.

The price has dropped the most in the most desirable Arrondissements in Paris, according to MeilleursAgents.com.

Find details on all the arrondissements in Paris here.

The overall average price is now 7795 euros / m2.

Worth noting since the height of the market in June 2011 the prices in Paris have gone down 9.7 percent.

If you need to find an English speaking French real estate agent in Paris you can find one here.

If you need any assistance please contact us today.

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