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French real estate erosion: 126 municipalities threatened by coastal erosion

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French real estate erosion: 126 municipalities threatened by coastal erosion

If you have a dream of French real estate on the coast of France perhaps you may wish to reconsider.

The government of France has noted that due to global warming and human activity 126 municipalities in France are priority locations to take action against coastal erosion.

41 in Brittany, 16 in Normandy, 31 in New Aquitaine. Read the full list here

This is an interesting follow up to our recent acticle where a French couple just
purchased an island in one of these area.

Continue reading “French real estate erosion: 126 municipalities threatened by coastal erosion”

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In France which heating is the least expensive for your French property?

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If you own French real estate you may be wondering what is the least expensive heating to use once you have a properly insulated French property.

According to this survey published in the French newspaper LeFigaro the below listed amounts are for one year of heating in a certain size home details in the article. The article is in French but you can use your browser to translate.

Least expensive to most expensive:

Heat pump
€1,512
Wood stove
€1,637
Biomass boiler
€1,845
Very high performance gas boiler
€2,310
High performance electric heater
€3,588
Propane
€4,119
oil boiler
€4,221
Electric convector
€4,310

Before you make any changes to your French property it is best to get estimates from experts to confirm you home is properly insulated and then seek advise from at least 3 providers on what is the best option for your home
Date of article January 2023 prices may have changed

Source article here date of article december 2022

Before you request the free ebook below read what people are saying about ESREA France – some examples:

Cynthia Sadler wrote ” I am so grateful to you for your help, and I have already spoken to friends who are planning to retire in France after their children graduate from college in 5 or 6 years, letting them know about the wonderful support that ESREA France will be able to provide when they start looking for a house to buy. You can be sure that I’ll be referring other friends who are thinking about relocation possibilities to you as I learn of that interest!I”  

Tanya Coletz wrote “I can’t recommend David enough, such a refreshing experience after months of trying to find suitable professionals myself he managed to find English speaking, qualified and responsive recommendations immediately. He also responded to my emails on a French holiday and followed through on every promise at a very reasonable price. I’m very grateful for his help and highly recommend his professional service”

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

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Request below via the sign up form. Just scroll down, add your email and click Subscribe

This request also entitles you to our biweekly ezine and you can unsubscribe anytime.

Free eGuide 10 Mistakes to Avoid when Buying French Property

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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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Real estate credit: watch for the increase in application fees

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French real estate is great to own but if you are buying with credit you need to be aware that the applications fees for your mortgage may have increased with the banking institution you are in contact with.

Here are some examples from Lefigaro.

Banque Populaire Île-de-France has increased the application fees from 500 to 750 euros

The minimum charges for LCL have increased by 50 euros, to 750 euros and can climb up to 1% of the amount borrowed.

At Societe Generale, you can pay up to 1000 euros.

If you opt for BNP Paribas, the bill may be very high: 1.1% of the amount borrowed, with a minimum of 500 euros

This may not be current information when you read this article so make sure you ask each bank you connect with what are the application fees.

Remember to get your copy of our French real estate buyer’s guide.

Before you request the free ebook below read what people are saying about ESREA France – some examples:

Cynthia Sadler wrote ” I am so grateful to you for your help, and I have already spoken to friends who are planning to retire in France after their children graduate from college in 5 or 6 years, letting them know about the wonderful support that ESREA France will be able to provide when they start looking for a house to buy. You can be sure that I’ll be referring other friends who are thinking about relocation possibilities to you as I learn of that interest!I”  

Tanya Coletz wrote “I can’t recommend David enough, such a refreshing experience after months of trying to find suitable professionals myself he managed to find English speaking, qualified and responsive recommendations immediately. He also responded to my emails on a French holiday and followed through on every promise at a very reasonable price. I’m very grateful for his help and highly recommend his professional service”

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

Get your FREE copy today

Request below via the sign up form. Just scroll down, add your email and click Subscribe

This request also entitles you to our biweekly ezine and you can unsubscribe anytime.

Free eGuide 10 Mistakes to Avoid when Buying French Property

* indicates required

Intuit Mailchimp

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

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Buying and selling French real estate – some frequently asked questions

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Are you thinking of moving to France or moving to another part of France or are you leaving France?
You may have questions that are important to ask before you depart on your next French real estate adventure. Below are some recent questions we heard.

Is the French real estate buying and selling process simple?

Some people say yes, we would say this would depend on your current experience of real estate. People who come from the USA or Canada find that the lack of information available for values in France is really annoying and can lead to a big selling or buying pricing mistake.

In addition with many properties for sale directly with French property owners, how can you figure our the value of the property or even now how long it has been on the market when it is for sale privately?

The complex nature of valuing a French property is one of the many reasons that it can be very valuable to have an experienced French real estate agent helping you. Remember don’t just choose your real estate agent because they can speak English make sure they have long term experience in the industry as well and they are able to speak French to deal with all the homeowners and agents and notaries who do not speak English.

When should I speak first to a French notary?

Make sure you have a conversation with an English speaking French notary before you start searching for property so you understand the process, when you will need to supply funds etc.

What is the most common error that first time French property buyer’s make?
From what people tell us, it is underestimateing costs. Everything from the cost of the notaries fees, moving fees, real estate agent fees, renovation fees and fees for upgrades the home needs once you move in.

Continue reading “Buying and selling French real estate – some frequently asked questions”

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