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March 2014 French Mortgage Rate News Great For French Buyers

According to Crédit Logement / CSA , an observer of French Property mortgage interest rates, the cost of borrowing to buy French property went down in the month of March.

According to a report in LeFigaro the Crédit Logement / CSA study says bank rates to individuals in France fell to 3% on average in March 2014 , as agains on average 3.04% in February 2014.

You can read the source article in French here

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2014 The Best Months to Buy French Real Estate

According to the latest report from The Notaries of France the months between now (April) and August 2014 are ideal times to investigate buying French real estate.

With the aid of assistance like a professional real estate agent French property buyers can keep an sharp eye on the French property market place to find opportunities that exist till August 2014.

Why before the end of August this year? Because French Property Sellers who want to take advantage of the temporary 25 percent reduction allowance on French Capital Gains Tax need to do so before the end of August 2014. (See your French notary for full details of how this reduction is calculated).

The Notaries of France suggest the opportunities to negotiate will most likely exist in areas where the French real estate is away from economic centers. In addition, properties that are in need of renovation or poorly maintained that indicate the seller may be in need to sell, perhaps due to a lack of financial position.

Source article in French here

*** If you would like to connect with an English speaking French real estate agent learn how we can help here

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Tips to Help Your French Property Sell Quicker

The French real estate market is not moving at high speed right now but if you wish to sell your French property read the following tips from experienced English speaking French real estate agents:

One
Timing for Now
Generally speaking most home purchases that take in the Northern hemisphere between May and August each year, the market starts to rise as the temperature starts to rise and people want a new place to be moved into before Autumn and cooler weather arrives. Consult a professional and put your property on the market now.

Two
Price for Now
The French real estate market has adjusted over the last few years and if you price your property at a value from a year or so ago you are not up to date and buyers will ignore your property.

You need to contact an active local agent who has access to sales data so you can take the guess work out of pricing correctly.

In fact, if you can see hard data on similar properties to yours that have sold in the last 3 months and adjust for any differences your pricing accuracy will attract buyers and enable you to get moving on your next investment.
(While other over priced sellers are waiting for uninformed buyers to pay too much).

Three
Market for Now
Modern French real estate marketing requires your property to include only the most attractive photos of the right parts of your home to attract buyers. Make sure your property can be viewed on mobile phones, tablets and online as serious buyers start their shopping there.

The casual shoppers (not really ready to buy) browse magazines and newspapers, marketing in newspapers and magazines is now out of date and not an effective way to find buyers.

What you really need is great online marketing and to ‘tap’ into the network of a English speaking French real estate agent who can help you connect with local as well as international buyers.

If you would like to connect with an English speaking French real estate agent learn how we can help here

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Theoule Sur Mer Apartment Sea and Mountain View Imperial Bay

 

Theole Sur Mer Sea View Apartment

Theole Sur Mer French Riviera Luxury Apartment in Residence of High Standing with Exceptional Sea View.

‘There is a stunning sea view from the large balcony and you can see the sea from the bedroom and living room.’

The residence has a large swimming pool and numerous outside spaces for residents to meet and enjoy the view of the sea and mountains. The building even features a glass elevator. Your apartment has a private garage and the residence has its own caretaker and secure gated entry way. Price 499 000 Euros * 2014

If you would like to connect with an English speaking French real estate agent learn how we can help here

Theoule Sur Mer English speaking French real estate agent

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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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Terra Nova Think Tank Research on French Real Estate

According to Terra Nova, an independent progressive think tank that aims to produce and share innovative policy solutions in France and Europe, property prices have risen sharply in France between 2000 and 2009 like many developed countries.

However, since 2009 many countries have seen a downward trend or market correction but not in France.

Terra Nova research said that during 2013 there was only a 1.8 percent decline in Paris pricing.

The lack of decline in French real estate prices is, according to Terra Nova, due to favorable financial conditions, a dynamic demography and a sociological preference for housing in France.

The demand for French real estate appears to remain high. If you need the assistance of an English speaking French real estate agent please contact us here.

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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