As beautiful as French real estate is there are defects that can help a buyer negotiate a price reduction:
One
A French house or apartment in a noisy location due to proximity to a main road or a train track
Two
A French apartment or house that is poorly insulated which leads to high energy consumption and increased ownership costs.
Three
A apartment or house that has a lack of Sunshine which leads to the need for increased lighting inside the residence.
Four
A French apartment on the uppers floor of a building without an elevator that can challenging for young families and older people to live in.
Five
A French apartment that has high monthly charges which increase ownership costs.
Typically, it is not just one of these items that can help a buyer achieve a less expensive purchase. It is usually a home or an apartment that has a number of these issues.
Make sure you read this article about what happens when you buy a property with defects.
If you want to learn more details about the above noted defects and more specifically what details to look out for we can help you connect with an English speaking French real estate agent in your area of choice. Contact us here.