French real estate: Does a swimming pool increase the value of your property?
To install or not to install that is the question about a swimming pool in France.
Due to the cost of installation and the cost of maintaining a swimming pool in your French property you may be wondering is it a good idea in terms of return on investment.
According to this article in French in LeFigaro, there are over 3 million homes in France with a swimming pool.
On average, according to the online real estate appraiser Meilleurs Agents, building an in-ground swimming pool leads to an increase of 16 percent in the sale price of a French property but it varies according to where you live. If you live in a seaside resort area in France you will actually have a lower increase in value, proximity to the sea is important and regularity of sunshine.
Make sure you check with your English speaking French real estate agent to find out the value of installing a swimming pool or buying a home with one compared to about and get professional advice on the cost of maintaining or
repairing a pool before you buy a home with one.
It is also worth noting that if you live in an apartment residence with a pool you will most likely have higher monthly fees compared to a residence without a pool. So make sure you check this cost before buying.
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