Avoid mistakes. Understand how the French real estate buying process works with ESREA France
French Property Prices and History Data naturally continues to change
At this moment in time the French property market is much more active that it was a year or even six months ago according to the English speaking real estate agents we know.
When you click on this link you will find the latest report on the historical trend in French property prices. Courtesy of the French Council General’s department for the environment and sustainable development.
Does the French real estate advertisement you are reading tell you everything you need to know about the co-property you are reading about?
Since the French Real Estate Loi Alur came into effect we understand it is now a requirement that the following items be noted in a French real estate advertisement for a French Co Property (condominium):
One
Advertisements should state that the real estate for sale is in a co-property.
Two
The number of lots in the co-property must be stated in the advertisement.
Three
The annual cost of charges to be paid by the owner must be in the publicity.
Four
The announcement must indicate if there is a procedure in progress relating to the co-property.
For more details in French visit this site or if you want to speak to an English speaking French real estate agent contact us here.
Historical data on French real estate prices like in any country offer us valuable information to help discover current and future market trends.
It is definitely a complicated matter to understand French property trends since the trends can be different inside the same town. However, the French general council for the environment and sustainable development offers us historical date from 1936 to April 2015 that is definitely worth reviewing.
Check out the link to the details here
If you need help finding an English speaking French real estate agent to help you find the value of your property please contact us here.
Two more French banks have increased their mortgage rates.
Perhaps, you read the news a few days ago when we posted an article about one French bank increasing its rates.
We shared this with clients and some said ‘it is an exception, rates will continue to go down more’.
Now a few days later two more French banks have increased their lending rates.
La Société Générale et La Caisse d’Epargne d’Île-de-France have increased their rates.
Is this the end of the interest rates drop?
Personally, we recently took a mortgage because we sensed we where close to the turning point.
If you need advice from an experienced English speaking French mortgage broker we can help you connect at no charge. Contact us here.
Source article in French here
Restored Apartments For Sale Over Looking Gardens of the Château de Versailles.
The building that used to store furniture for King Louis 14th of France has been lovingly restored into luxury apartments.
Located beside the famous Palace of Versailles (the royal castle in Versailles in the Île-de-France region of France) this building has had over 30 million euros invested to make these apartments exceptional places to live.
The apartments are from 45 to 100 square meters in size and priced at approximately 10,000 euros per square meter.
The restoration has been controlled and the top floor apartments have a view over the gardens of the Château de Versailles.
For an English speaking French real estate agent with details on this exceptional development contact us today .