Avoid mistakes. Understand how the French real estate buying process works with ESREA France
2012 There is a new French law being drafted that will reduce the amount of tax free inheritance you can receive for a property inFrance:
In summary, courtesy of Delphine Parigi, French Tax Attorney, if accepted the following will happen:
Continue reading “New French Inheritance Tax Reduction and French Real Estate”
Before you buy or rent a property in France it is important to note that the local property rates are made up of two different taxes.
One is called the taxe d’habitation – a residence tax
The other is called taxe foncière – an ownership tax
When you have found your dream home in France and you decide to make an offer to purchase sellers will want to know you have your financing in order.
Continue reading “How to get your real estate offer accepted in France”
Generally speaking when you purchase a residential property in France you pay the purchase price of the property plus around 7 to 8 percent in addition extra in Notary fees.
Continue reading “How much are closing costs when you buy French real estate”
If you intend to buy real estate in France be warned it is a complicated process and this process is made even more complicated if you don’t speak or read the French language.
Fortunately, if you are English speaking we are here to help you buy French real estate with as little stress as possible.
Pre-French Real Estate Shopping Steps
Now before you seek out your dream apartment or villa in France it is a smart idea to take a few very important steps:
One
Confirm Your Budget
Make sure you know how much you wish to buy that is affordable to you because your budget will often help decide the locations you can afford. You may be surprised how affordable places like Cannes in the South of France are so don’t give up before you start.
Continue reading “How to Buy Real Estate in France: The First Steps”