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Where is France on the Better Life index?

Living in France is the dream of many non-French residents but how does housing in France compare to housing in the rest of the world?

The OECD better life index studies this question and offers a ranking of satisfactory housing conditions for 36 countries in the world.

To live in satisfactory housing conditions is one of the most important aspects of people’s lives. We all need shelter but we also need security. Security is a key feature for most people.

Of the OECD study 87 percent of the people feel satisfied and safe in their housing conditions with some countries offer a 93 percent satisfaction rate.

France is this year ranked 13 out of 36 countries with Canada and the USA taking the top two spots. Direct link to full details on France is here

Check out all the details here about the 36 countries

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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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The Top MUST KNOW French Real Estate Terms and Answers

Yes, ESREA France recently turned one year old and we have a fast growing community of people who want to learn more about how French real estate works and buy or sell with an English speaking French real estate agent.

We just did some research on our site and we found out that certain French real estate terms were very heavily searched and some questions on French real estate were frequently asked again and again over the last twelve months.

We have created a French real estate buyer’s guide details here

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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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Want a French Property for 5000 Euros?

Many people look for the perfect for them French real estate investment.

One reader joked in an email to us “Let me know if you come across something across from the sea, close to ski hills, high speed rail, good restaurants, large and under 5000 euros”

We got a solution from another reader in this below photo. Although it is not a property and not so large this house like option would allow the first reader to have their property close to everything in France (subject to French govt approval, we believe)

Check out the image below.

You have to like the large South facing window.

English speaking French real estate agent vehicle

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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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Why to have a French Property Survey Inspection For Needed Repairs

We received an article written by a lawyer on the value of having a French Property Survey before signing the First French property purchase contract called the Compromis de Vente.

A French Property Survey maybe similar to a property and house inspection in the area you live in.

The article we receive was by a lawyer Matthew Cameron.

Mr Cameron said than some French property buyers will agree on price for a purchase. Then sign the ‘Compromis de Vente’ and then order a ‘Survey’ to be done during the ‘seven day cooling off period’. Mr Cameron says this timing can be risky since if the survey is not completed during the time period and the results received by the buyer disclose problems after the expiry of the ‘seven day cooling off period’.

Mr Cameron says that if you find a problem during the cooling off period as a buyer your only choice may be to accept the problem or to withdraw from the transaction.

In contrast, Mr Cameron recommends you have the survey done after the price is agreed but before the first contract (Compromis de Vente) is signed and then if any problems are found that were unknown before you can use them as a way to negotiate on price before you sign the Compromis de Vente or you can simple end your interest in the property right then.

Typically it takes a few days to have the Compromis de Vente drafted so while that is in process you can organize your survey / inspection for the building and property.

Indeed, the survey will cost you money up front but it could save you many thousands in the future if you end up buying a problem French property.

Matthew Cameron is a partner at AshtonKCJ where he heads the firm’s French legal services team

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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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New Build French Construction News First Quarter 2014

French New Construction news for the first quarter of 2014 has just been released by the French Federation of Promoters.

In France only 17 300 new lodgments were sold in the first quarter of 2014. This compares to 22, 500 sold during the same period in 2011 and 27,300 sold in the same period of 2010.

Clearly new construction is not selling well in France and here in lies an opportunity for you to negotiate a deal on a new build in France.

Source article in French here in Explorimmo

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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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