Avoid mistakes. Understand how the French real estate buying process works with ESREA France
If you are buying real estate in France, it is important to be aware of small taxes that are increasing. For example, local taxes relating to the cost of garbage removal is planned to be increased (see this article in LeFigaro) to help cover the fact of the reduction and elimination of the residence tax in France. There are other tax increases as well.
Solar energy in France: A lack of Government Aid?
France is a country with a lot of sunshine and a small population of French residents are investing in solar power to offset the rising coast of energy.
Once installed people can self consume the energy or they can consume the energy and sell some power back to the grid.
Often I hear people say there is a lack of government assistance and others say we need an example of the government inspiring the use of solar by having public buildings and social housing install solar panels.
To get an idea of how people are engaging the movement to solar power in France check out this article in LeFigaro that offer a good explication of costs and what people are currently chosing to do. (Article in French, use your browser to translate).
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”
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
If you are planning on getting a French property mortgage you will want to know the rule that came into effect this year 2022 on January 17th and I quote from the French government website
“As of January 1, 2022, banks are required to limit the term of home loans they grant to individuals to 25 years, and to ensure that the maximum debt ratio does not exceed 35% of borrowers’ income, including insurance.” Source Govt. France.
Here is a link to the note in French and there is a tap for tranlsation to English
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”
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
French real estate for sale: How about an island in northern Brittany?
A French couple just became the owners of an approximately 6400 square meter island off the coast of northern Brittany.
Originally for sale for 1.7 million euros without a buyer, then down to 1.575 million euros and finally sold for an undisclosed sum this February 2022.
On the island Roc’h ar Hon is a home of 110 square meters with stone work and a slate roof that was build in the the 18th century and renovated in the 1990s. Amazing according to this article in LeFigaro, the island is serviced with electricity and fresh water.
Continue reading “French real estate for sale: How about an island in northern Brittany?”
Click the link below for the most recent French Real Estate Property Historical Pricing Trends. You will arrive at the English page on the Government of France website. The page shows historical trends in French real estate and property as of August 2022
Continue reading “August 2022 French Property Historical Price Trends”