If you are searching for property for sale 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. Looking at the enormous offer of property for sale 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 real estate (agents immobiliers), 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.
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Look for property for sale in France’s less popular regions
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 property in France. Unfortunately, the popularity of these French regions has also influenced
Move to France and live like a Burgundian… now this might be possible even with a limited budget. Especially in view of the still relatively modest property prices in France. In the more rural areas, a sum less than a 100,000 euros will get you a very charming independent home sitting on a nice piece of land. This while many people in the UK own a house that has become much more valuable in the past ten years. A surplus value of a few hundred thousand pounds is no exception! This is why more and more people decide: “Cash in and check out! We are moving to France!” They sell their old house and
Do you dream of running your own campsite in France? You’re not the only one. As webmaster of IMMOGO, a site full of French real estate from private sellers, we often receive requests to this effect. People mail the owner or even call us on the phone: “We are interested in this property, because it has lots of land. Can we start a campsite there?” The same thing happens with advertisements for large houses with many rooms: “Is this object (I don’t know why such a house would suddenly become an ‘object’, but well) also suitable to start a Bed & Breakfast?”
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
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
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.
+ 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.