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Types of Eco housing in France

How do you define eco housing in France? What are the types?

In general a French property that uses materials or technology to reduce the carbon imprint of the housing, that is the negative impact on the environment is called Ecological housing.

Here are five types of French ecological homes

One
French Houses or Apartments Low Consumation (BBC)
The Real Estate in this category must follow the guidelines labelled RT 2012. These properties must use less than 50 Kwh of energy per m2 per year. (This is a link to all the details on the French Government site.)

According to these details in France all properties that have an application for a permit to build after January 1st 2013 must be in accordance with the RT 2012 guidelines. Verify and read more here in French.

Two
French Passive Housing
These are properties that consume a maximum of  15Kwh of energy per m2 per year. These may be the new standard of BBC housing in 2020. Read more details in French here).

Three
French Energy Positive Housing (BEPos – bâtiment à énergie positive in French)
These are French real estate properties that produce more energy than they consume via the usage of renewable energy systems like solar panels. Here is a link to details in French on Positive Energy Housing already built in France.

Four
French Housing High Environmental Quality or HQE (Haute qualité environnementale in French)
These are French properties that are built using materials that respect their natural environment like wood or straw housing. Here is a link to details in French on HQE French housing.

Five
Bioclimatic Housing (L’habitat bioclimatique in French)
This is housing that is built paying close attention to the orientation of the sun relative to the building so as to rely less on heating and electricity. Read more details in French here.

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French Real Estate When you Buy Think of Selling

Do you think that when you buy a French property you need to think of selling?

Yes, indeed. If you get a great price because you buy a house close to the ‘autoroute’ then you will most likely have a difficult sale in the future.

No matter whether you buy in a fast or slow moving market the key to your best French real estate investment is always the location. A French property located close but not too close to shops, schools, transportation and the occasional bakery and coffee shop is always of interest.

Remember when you buy, think of selling. If you know it will be easy to re sell you have made a wise purchase.

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New French Property News from Notaries of France

According to the latest report from the Notaries of France, when we look at the evolution of the price of French property over the long period, a period of three years, we can see the evolution of the price change in the French property market.

Since the end of 2011 and the 3rd trimester of 2014 the average DOWNWARD price adjustment of French property is 5 percent. When you correct this for inflation the price drop is 8 percent.

Read the source article in French here in Explorimmo.

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French Mortgage Rates Continue to Go Down January 2015

If you want to invest in French real estate and you have an excellent file you can take advantage of the new even lower French mortgage rates.

According to the latest report from the Observatoire Crédit Logement there has been a further decline in rates during the month of January 2015. On the average the base lending rate excluding insurance and other costs is now 2.29 percent.

If you would like to find out how you can take advantage of the low rates for a purchase or re-mortgaging of a French property we can put you in touch with an English speaking French mortgage broker. Just contact us here.

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French Coproperties: 3 Important Elements you need to know because they can be expensive

When buying a French co-property is all you need to know just the monthly charges?

In fact, no.

When you are considering buying a French co-property (for example, an apartment) you need to know all the costs including the charges but particularly three potential additional costs: The work signed for (Les travaux signés), the work planned (Les travaux prévus) and the work being studied (les travaux en cours d’études).

This information you need to have in writing so you know about your future costs of your French property and you can adjust your purchase price accordingly.

Consult your English speaking French notary to find out the all the documents you need to know when buying a French co-property.

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