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What is a CDI? What is a CDD in France?

When you want to buy French real estate and borrow money from the bank to do so typically the French bank will want to make sure you have a work contract called a CDI.

What is a CDI? 

CDI is the acronym for ‘contrat à durée indéterminée’ which means a permanent contract with a company where you have no determined end date to your contract. This typically means you work is much more secure than a CDD.

What is a CDD?

CDD is the acronym for ‘contrat à durée déterminée’ which means a fixed term, often short term contract. French banks typically will not loan money to people with a CDD employment contract for fear the person will become unemployed and be unable to pay the mortgage.

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”

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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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French Real Estate: Low Interest Rates Prevent Price Decline

According to the CEO of Credit Foncier, the current low interest rates available on French mortgages are a powerful factor in preventing the dropping of the prices in the market place.

According to Bruno Deletré the lowering of interest rates over the last seven years since 2008 has increased the purchasing power of individuals by 20 percent.

Read the original article in French 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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St Laurent Du Var Expansion of Cap 3000 Shopping Centre

Cap 3000 is a huge French shopping center located in Saint Laurent Du Var on the Mediterranean sea.

Cap 3000 was first opened in 1969 and has been renovated several times but none of the past renovations will be like the newest by the new owners.

The new owners of Cap 3000 Altarea Cogedim are planning a 400 million euro renovation that includes a complete renovation of the 85,000 m2 of existing retail space, the creation of 35,000 m2 of new retail space and 1,500 more parking spaces.

The work is to be completed in 2018.

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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French Real Estate UK and French Tax Seminars March 2015

French real estate tax questions? 

If you have French real estate or plan on having French real estate it is a wise decision to learn as much as you can about the French tax system.

In particular if you are a British national you will benefit from up coming seminars from Blevins Franks.

We are not associated with this company just sharing the details with you since a reader passed them on and told us the Free seminars are very helpful.

Find out more details about the Blevins Franks upcoming seminars in France by visiting their site here.

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.

Videos/Free eGuide 10 Mistakes Made by French Property Buyers and Sellers

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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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Property Prices? What is the cost of Living in France? Useful Website

If you are interested in French Real estate and what it is like to live in France you will benefit from knowing details about the cost of living in France and a whole lot more of relevant social data.

One of our readers directed us to a website called Numbeo which offers details on the cost of living, property prices, crime rates, pollution, quality of life statistics and more for France (and other countries as well.)

We cannot guarantee the accuracy of the data, however, it can be useful to help you get an idea about how France compares to other countries.

Visit Numbeo here. 

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.

Videos/Free eGuide 10 Mistakes Made by French Property Buyers and Sellers

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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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