News and Answers

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Paris Apartments Can Go Green with Government Assistance

Are Paris apartments energy efficient?

In a recent survey, it has been suggested 90 percent of Parisian apartment owners have neglected to perform work that can increase the energy efficiency of their apartments.

But there are solutions in the form of government assistance. In French the aide is called ‘L’ÉCO-PRÊT COLLECTIF’

Apartments with construction completed before January 1st 1990 and lived in by owners as their principal residence can apply for financial support to do energy efficiency renovations. Aide can be up to 30000 Euros.

Contact your English speaking French real estate agent in Paris for guidance.

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French Real Estate Secondary Residences The Time to Buy

Are you thinking about investing in a secondary residence in France?

Now maybe the perfect time.

Some areas have experience large price drops. For example, in Normandy some houses have fallen 20 to 40 percent in price.

In fact, according to an article in Explorimmo, in the area called La Perche approximately 300 km from Paris, homes in need of restoring are being sold for less than 50 000 Euros.

Contact the English speaking real estate agent in your area of choice today to learn more.

 

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What does the French real estate term déménageurs déménagement mean?

You will often find french real estate words that appear to have no relationship to English words and this can make it difficult to understand what word you need to use in French when you are tying to arrange a certain project.

Here is another example: The French real estate word déménagement means move as in moving from one home to another when you have bought or rented a property. The company you will need to call to have a professional move are called déménageurs.

Learn 15 ways to have a less stressful French property move by reading this article.

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French Real Estate Mortgage News Rates Continue to Fall 2015

If you are buying or selling French real estate you will be delighted to know the results of the latest survey by L’Observatoire du Crédit Logement.

French real estate mortgage rates continue to decline. According to the Observatoire du Crédit Logement’s report on the month of February the average level for a fixed rate mortgage over all durations was 2.21 percent before insurance and other fees.

Vousfinancier is quoted in an article on Explorimmo as stating that between January 2013 and January 2015 the cost of credit for 200 000 euros has been cut in half and the ability of individuals to borrow has gone up 18 percent.

If you would like to contact an experienced English speaking French mortgage broker who can help you buy in France we can connect you. Enjoy a free consultation to learn more. Simply contact us here.

 

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2015 French Real estate investment demand picks up

The French real estate market has been stumbling along over the last few years, however, it looks like things are changing in a positive way.

According to an article in INVEZZ favourable currency exchange rates, an improving domestic economy and a change of tone from French President Hollande is encouraging international property buyers to return to France.

Read the complete article here.

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