September 20th, 2007 by Ines
The thought of buying a home in France is one thing – but when it comes down to actually considering the practicalities of obtaining and raising a mortgage or loan to buy French property, for most people beads of sweat pop out on their forehead and they take a look at their finances and see whether they can just buy outright!
But in practical terms it seldom makes sense to pour all your hard earned cash into one fairly illiquid commodity and also, there is very little difference between mortgages in France for British people and mortgages back in the UK for the purposes of buying a home in England…
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August 20th, 2007 by Tea
For many, one of the principal reasons to buy land plot for sale in France and then to move there is to have more space and this could not be truer for the equestrian enthusiasts amongst us. France is renowned as a Mecca for horses, particularly Normandy where a large percentage of the horse population is based. But whilst having a free rein (no pun intended) to put all your horsey dreams into action is appealing, keeping horses can become daunting if you don’t choose the right property. Here are some tips to help you in your search for equestrian property:
Choosing the right property (for more information click here)
August 20th, 2007 by Tea
The old prices of property in France are moving up at slower pace. After many years of exceptional conditions that made the market breaking new records, the time has come to diversify the investors’ portfolio. The rising interest rates have made new homes less affordable for owners and potential buyers. The overall mood isn’t so optimistic as it has been for quite some time. Expected more interest rises in the Eurozone will only underline the current trends of market slowdown in France. A new favorable cycle will be needed to take from the high market levels.(for more information click here)
August 20th, 2007 by Tea
When you compare Paris in France to either New York or London it wins hands down every time in terms of its architecture, history, culture, cuisine…and its property…because it’s a fact that French properties for sale in Paris are cheaper, better value and more affordable than similarly located or facilitated property in either London or New York.(for more information click here)
August 20th, 2007 by Tea
Poitou-Charentes is located in Central France on the Atlantic Coast and is still one of the French regions with attractive and sought after sea property in France. It consists of 4 contrasting departments - Charente-Maritime, Deux-Sèvres, Vienne and Charente. The region boasts a number of attractions including 200 miles of sandy beach, the marinas of La Rochelle and of course, the home of ‘Cognac’.(for more information click here)
August 13th, 2007 by Tea
What to check before instructing a French property lawyer
Here are a few points one should always check before instructing a solicitor that claims to be a “French Property specialist”:
1. Am I dealing with a qualified French lawyer, i.e. a French “Avocat” qualified to practise French law? Obviously, a trained, qualified French lawyer is much more able to represent you than a lawyer qualified in another jurisdiction. It takes at least 7 years to qualify as solicitor in France. The knowledge and experience required to practise law as French property lawyer is immensely higher than what a foreign lawyer may learn by attending a couple of French Property Law seminars for example;(for more information click here)
August 13th, 2007 by Tea
Survey proves that Languedoc-Roussillon region is area of choice for British relocators and property investors.
RightmoveOverseas teamed up with holidaylettings.co.uk the holiday lettings site to provide a comprehensive guide to the overseas property market revealing that the sunny southern region of Languedoc-Roussillon is in great demand both in terms of property purchase and holiday destination.(for more information click here)
August 13th, 2007 by Tea
hilst increases in prices in the French property market have slowed, prices are still increasing, notably in the cities such as Lyon and Strasbourg, and in coastal areas where a real shortage of accommodation is apparent.
The market slowed off in the run up to the French presidential election, which is a normal occurrence, but has since picked up and the future looks promising due to the new president, Mr Sarkozy’s planned reforms. For those purchasing their main property of residence he has introduced a tax reduction of 20 per cent of the mortgage interest paid annually up to 1500 Euros per year per couple, or 750 Euros per year for a single person during the first five years after the purchase and of the mortgage. Inheritance tax has also changed, with the surviving spouse no longer paying inheritance tax. Mr Sarkozy wishes to encourage French residents to purchase property and to become a nation of home owners like the UK.(for more information click here)
August 10th, 2007 by Tea
The new French president, Nicholas Sarkozy, has suggested that he will overhaul the inheritance tax laws, resulting in most people of ‘average wealth’ not having to pay inheritance tax on French property. If this occurs, the families and beneficiaries of many overseas buyers of French property will face lower costs during the transfer of property after the death of the owner.(for more information click here)
August 10th, 2007 by Tea
aris has been named as the top investment market in Europe for 2007, beating off competition from London, Stockholm, Munich and Lyon.
Published by the Urban Landscape Institute in partnership with PricewaterhouseCoopers, the Emerging Trends in Real Estate Europe report for 2007 rates the French capital highly for both return prospects and low risk.(for more information click here)