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What is a Hotel Particular in a French real estate advertisement ?

In French real estate a ‘hotel particular’ to our knowledge is a house of grand standing that most likely once belonged to a noble person.

The term ‘particular’means a personal or private property that can refer to the fact that the ‘hotel’ belonged to one owner and was occupied by one family and their servants. It can also refer to the fact that the house is a free standing dwelling not attached to other private residences and that it often has its own private gardens. In English we would often call these types of home mansions.

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

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Who is buying the millionaire properties in Paris France?

According to an interview with Thibault de Saint-Vincent, president of Barnes International real estate France, French real estate sales for properties up to 4 million euros in Paris are essentially French people buying a primary residence.

For properties between 4 million and 10 million sales are rare.

The French property sales for over 10 million euros are mostly made by Middle Eastern, Russian and Asian Buyer as well as investment funds who believe in the strength of the Paris real estate market.

Read the original article in French here

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Video Homeless Man Helped via Lottery

Owning French real estate is a dream of many people. But for some people having a home over their head consistently is the dream no matter where they live in the world.

If you have seen the below videos about a young man’s actions in the USA to get one homeless man off the street you may be inspired to so something similar in your own way.

We are sharing these videos to remind us all that we are part of one global community that needs support where ever we live in the world. The below video has been viewed over 17 million times.

This below video has been viewed over 13 million times.

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

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Where can you buy inexpensive homes in Paris France?

French real estate market update. The Notaries of France released their latest report on May 27 2014. The report noted in Explorimmo shows the average prices in and around Paris, France are in the following areas:

Aulnay Sous Bois average price 235000 euros

Drancy average 255000 euros

Gagny average 273000 euros

Livry-Gargan average 277500 euros

Sein et Marne average 231100 euros for a house

Le Val d’Oise average 270000 euros

Essonne average 275800 euros

Average Price in the Ile-de-France region is over 290 000 Euros.

Of course, these are average prices so there are properties that are very expensive and some less expensive.

To get clarity on the prices of property in the area you prefer in France (whether it is in Paris or not) with the assistance of an English speaking French real estate agent contact us here today for assistance.

Read the original article in French here

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

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2014 New Build French Real Estate Market Update

According to the French Ministry of housing new French real estate construction went down 17.6 percent between the months of February and April this year 2014.

In the First three months the decline was 11.4 percent so the amount of French newly built property continues to decline.

President Hollande’s goals of 500,000 new residences to help lower property prices is unlikely to be achieved during his five years as president.

Potential Causes:
Rising French Unemployment so local buyers are afraid to invest.
Increased Requirement for French Bank Loans

If you would like another opinion on your financing options we have contact with English speaking French mortgage brokers who can assist you whether you live in France or outside of France. Contact us here with your request.

Below you can get your free introduction ebook about French real estate mistakes to avoid

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

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