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Loi Alur has created a Problem for French Propery Sellers

The new French housing act (Loi Alur) that came into effect at the end of March this year 2014 has had a big impact on the sale of ‘co-property’ residences in France.

The impact is negative for sellers because this new French housing act requires a number of documents that must be given to the buyer before the seven days of reflection period can start.

The problem is that the owners, the owner’s notary and the syndic for the residence may not have the documents on hand and have to search for the needed documents and this can be costly.

Currently according to some notaries the signing of the ‘compromis de vente‘ has been delayed by up to four weeks while documents are being requested.

The good news is that as of January 2015 French property management companies are to create ‘an extranet’ where owners can access the documents directly to speed up the sale process.

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Cannes New Build Apartments Palm Beach Walk to Beach and Croisette

Cannes New Build Apartment Secret Garden

We just found out from a Cannes English speaking French real estate agent about a new development in the area called ‘La Pointe Croisette’ in Cannes click for map of area.

This new build Cannes apartment development is just a few minutes walk from the La Croisette and in a quiet neighborhood but only minutes walk to two sets of beaches, the new Port Canto, shops, cafes and a favorite place for locals to gather. In the past, celebrities like Charles Aznavour played ‘petanque’ the local square before going to visit the local casino at Palm Beach.

This small new build development soon to break ground offers a small group of owners a ‘close to everything’ location and has it own high level of luxury including a private pool.

Article published in 2014

If you would like to connect with an English speaking French real estate agent who will be able to update you on the current market conditions and help you find your French real estate investment learn how we can help here

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Biot Building Lot For Sale Vallée Verte New Subdivsion

Biot Building Lot for Sale

French Riviera Building Lot for Sale. We just received news of a rare building lot in a new small subdivision just 4 km from the medieval village of BIOT. Learn about Biot here.

In fact, as we write about this rare piece of French real estate in Biot, the full details is that there are five building lots in the subdivision and 3 are already sold. The subdivision is a short driving distance from the South of France Technology Center Sophia Antiopolis, yet located in a country setting.

The land used to create this subdivision was cultivated for many years growing roses. As you see from the photo above there is still evidence in the subdivision of the flowers.

Both building lots have South exposure.

The size of the building lots permits the construction of a home between 210 and 219 m2 depending on the lot you purchase. Each building lots is priced to sell at less than 500 000 Euros. Perfect for your French dream villa.

We can put you in touch with the English speaking French real estate agent on site in BIOT. Then he can send you full details including the subdivision plan and answer all your questions in English.

Article published 2014

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New Build Apartments Mougins Golf Course French Riviera

Rare opportunity to buy new build apartments by the Royal Mougins Golf Course.

Located on over one hectare of land in Mougins on the French Riviera there is going to be a very deluxe residence with  only 9 high end luxury apartments. Due to high demand and limited numbers most likely all these apartments will be sold before the ground is cut.

This new build residence is only a few minutes to the Royal Mougins Golf Course. Click for details

Mougins is located about a 15 minute drive from Cannes and it is centered around a old and beautiful village. Close by Mougins is the Valmasque forest. Mougins was well liked by Pablo Picasso, Edith Piaf and Winston Churchill.

Below is a view from the land on a winter’s day.

new build apartments mougins golf course

This new secured residence will have new build apartments that will include:

* Furnishings and decoration by an interior designer.

* High standard kitchens

* 24 hour caretaker and concierge service

* Individual and estate security

* Access to Royal Mougins Golf Course (ask to get more details including about the SPA!)

Article from 2014

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What does BBC or Batiment Basse Consommation mean in French real estate?

French New build properties will often display the letters BBC in the advertisements or the phrase Batiment Basse Consommation.

BBC or Batiment Basse Consommation is a new architectural concept using orientation, insulation, choice of materials and more to create a new higher level of energy efficiency to minimize the impact on the environment.

Features include heating of water by solar panels when possible. Read more about all the details in the new construciton guidelines in French here

NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is

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

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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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