If you are thinking of buying a house in France, it is a good idea to also think about how you will attack the problem of finding the right house at the right price. Buying property in France, you will soon find that the prices are wildly different from one area to the other. And of course also the state of the property has a lot to do with the price. Other factors that influence the price are costs and commissions for professionals in house hunting and property selling, and of course your negotiating skills. In this article I’d like to go into the different ways there are to save money on buying a house in France. Having extensive experience in buying property in France myself, I – ahum – consider myself somewhat of an expert. Even though I’m still a lousy negotiator. But you know the old adage: those who can’t, teach. So here are my tips.
Look for a house in quiet regions of France
France has a lot of popular regions. Places where ‘everyone’ wants to buy a house. You’ll find large concentrations of British there, who’ve all heard from each other how great it is where they have bought their house in France. Unfortunately, the popularity of these regions have influenced Continue Reading
Apart from my job as webmaster of Immogo, I have also kept a Dutch web log with daily tips about France, with an ongoing discussion about France in a alternately humorous, vivid, knowledgeable and ignorant atmosphere. The nice thing about it is that people are evidently interested in France for many different reasons. Let’s try and make an inventory of the people who (want to) move to France. Or not.
First of all, of course, you have the real Francophiles. They know the wine atlas by heart, have their own addresses for monks cheese, goats cheese and she-ass cheese, blue veined or not, and talk about the perfect glass of Chateaubriand with their Médaillon de Veau aux truffes. They are the people who bring home stories about obscure restaurants with a divine cuisine, where they have lived in an olfactory and tasting paradise for a few moments and only a few sous. Continue Reading
Are you buying a house in France, where real estate agents easily charge 5% and sometimes even more? Then it is certainly worth asking yourself whether you should maybe buy a house without a real estate agent. Depending on the selling price, the brokerage fees can add up considerably. The average price of a house in France is between 200,000 and 300,000 euros. So, at a commission rate of 5% you pay a brokerage fee of many thousands or euros. Of course, in itself it might not be a bad thing to pay a specialist for doing his or her job, as long as that job means that the numbers still add up. The question is what precisely a real estate agent does for Continue Reading
Buying a hotel or restaurant in France is easier than ever. While I am writing this, various restaurants and hotel restaurants in my touristy French town of Tournus are for sale. That is because like in many countries in Europe, and also in France, keeping the business afloat in the catering industry is not an easy job. Moreover, many French do not manage to adapt to modern marketing practices. None of the hotel restaurants that are for sale have a good website and most of them show little activity on social media. This is why they cannot compete with the more innovative players on the market, who make full use of the services of AirBNB, Bookings, and Trip Advisor. So, no other option than offering their French hotel for sale – restaurant for sale France remains. Continue Reading
2017 was an exceptionally good year for the French real estate market. House prices in France have increased with 2% on average and it now looks likely that this trend will continue in 2018.
French house prices rise
When we take a closer look at house prices in France we see big differences within the French market. The prices in the countryside have on average stayed more or less the same, while the prices in the cities went up. Continue Reading
The question is: why do people dream of buying a castle go search in France, particularly? The main reason is probably that France has a very large choice. There are hundreds of castles for sale in France, sometimes at surprisingly low prices. They are sold to serve as a home, and more often as chambres d’hôtes or luxury hotels. And sometimes divided into apartments for individual resale. But beware … prices are rising again! After years of bad business and falling house prices, nowadays, more prestigious objects in France, such as castles, are now for sale at a higher price than before. Continue Reading
+ 34% is the number of the day… a number that corresponds to the increase in purchases of real estate in France by British buyers compared to 2016 (Leggett Real Estate). The British, as it turns out, do not seem at all afraid of the imminent Brexit “rupture” with the continent with regard to their investments in French territory.
As a direct consequence of the ever-increasing demand from foreign as wel as French buyers, real estate prices in France are still climbing in the big cities – assuring that an investment in property in France will be an opportunity for <! – more -> added value in the long run. The company ‘Meilleurs Agents’ noted an increase from 1% to more than 5% depending on the city, whether in the provinces or in the capital, with Marseille in lead (5.4%). Continue Reading
If you put an ad on the internet, selling a house, or a boat or a car, you might be contacted by persons with less than honorable goals. At Immogo we’ve seen quite a lot of them passing by. So please allow us to give you some tips about how to avoid being foiled by these people.
To good to be true
For starters, be wary about people who appear very interested without having seen your house. Normal buyers will want to visit your house before making an offer. If someone makes you a firm offer before even visiting your house, you can be certain something is awry. Especially if they come out with a very interesting offer. They are trying to lure you. Continue Reading
In the Paris real estate market, high level of sales was experienced in the third quarter of 2016. House prices rose by 1.5% on average in the suburbs of Paris. According to notaires, total sales are estimated to be 843,000, which reveal 9% growth till October 2016 and a strong level of home sales in the real estate market of France. Almost the same growth level was experienced during the same period in 2015.
So you’re about to buy a house in France – or sell one –, and you’re there, staring in awe at the multitude of free solutions offered on the Internet. From the biggest actors on the market, some of them making millions of daily connections, to the smallest, personal websites that offer just one house or apartment, there is much to choose from when it comes to offering or searching for real estate in France. But despite this profusion of “zero Euro” offers, there are numerous services that demand a fee to connect buyers to sellers, or landlords to tenants. In this context, where most services are free, what is the interest of paying?
Firstly, if there is something to paying for a service, the fee remains very reasonable in comparison to the price of the properties offered. For example, Immogo proposes two different Continue Reading