France is a country-fledged country of romance. On the territory of this amazing country, you can find real masterpieces of architecture and nature. Paris Paris Dream of Millions of People. And remaining in France to study, entering, for example, in the famous Sorbonne, or having worked for some time in this country, it is impossible not to fall in love with it for the rest of his life. Here is a completely different mentality and lifestyle. Having your own second house in France today is considered very prestigious. But, as a rule, most people are confident that it is almost unrealistic and the pleasure is only for very wealthy citizens. In general, it should be noted that a huge number of stereotypes and cliches are associated with France as a whole. Let’s try to figure out what is true of this and what is actually very far from reality.
The first logical issue that you still have at the stage of thinking about a decision on the purchase of real estate abroad, this is the very legal opportunity to carry out a purchase and sale transaction in a foreign country. In France, this is quite possible. By law, any foreigner can purchase all types of residential and commercial real estate, including the purchase of land. It is interesting that even in the case of buying apartments in an apartment building, you make your apartment in private ownership and in common property a plot of land on which the house itself is located.
The next is no less important, and often determining the question, how much money you are ready to invest in the purchase of your second house? As mentioned above, many believe that only very wealthy people can buy real estate in France. This is not quite. Of course, the value of real estate in this country is far from as low as, for example, in Bulgaria, Greece or Spain, but in general, the price order is not very different from Moscow. You should initially set yourself up that the minimum cost of a small house in a quiet French province will be approximately 150 thousand euros. The cost of apartments or at home in Paris, Nice, Monte Carlo, Cannes and Doville will require incomparably large costs. And the very maintenance of the house in such cities will be quite expensive. It makes sense to buy an apartment in Paris if you consider such a purchase as a profitable investment of funds, or plan to move to live in France with further registration of a residence permit. If you plan to buy initially just a plot of land somewhere on the azure coast, and then build a house there on your own project, then you should pay attention to possible restrictions and prohibitions on construction from the state. In a number of areas, the construction of residential facilities can be prohibited at all, and in some areas there are norms that order to build houses of certain number of storeys, from specific building materials, with walls and tiles of only this color. In addition, modern environmental legislation limits the number of buildings in certain areas. Thanks to this, in a few years the house or villa you purchased will grow several times in price, since they will no longer build other new objects in this place.
Having decided that it is quite possible to buy residential real estate in France, as well as with an approximate budget for the purchase of a house, it makes sense to take up the direct selection of the area and the type of house that you would like to purchase. First you need to make up at least a small list of your requirements for the acquired real estate (approximate limits of the total area, the required number of rooms, number of storeys, transport accessibility, proximity to the sea, mountains, lakes or the city center, new building or secondary housing, etc. p.). If you dream of a small private house in a quiet and beautiful area of France, then it is worth considering the areas of Provence or Pyreneev. In general, if we analyze the distribution of French territories between foreign owners, the following picture is obtained. Our compatriots prefer to buy real estate on the Cote d’Azur, in Alps and Provence. The British, Italians and Germans prefer to invest in the purchase of elite apartments and houses in Paris, Cannes, Nice and other major French cities. French real estate also uses no less interest to our eastern neighbors. So, for example, the Chinese are very actively acquiring ancient castles and vineyards. As for the indigenous Frenchmen, in connection with the recent change in the tax system, they actively began selling elite real estate and secondary housing, acquiring more economical options for themselves.
Is it possible to buy real estate directly or is it necessary to do this through a real estate agency? The final decision is, of course, to you and only you. It all depends on how well you know the knowledge of the French language and legislation, and also orient yourself in the country. If you are in France very often and have a wide range of acquaintances here, you can try to use their home to purchase your own. If you have been to France only within the framework of a tourist trip, you have a bad language and have only a vague idea of the characteristics of the real estate market in this country, then it is better to use the services of a professional real estate agency. It can be both Russian and French agency. If necessary, you can use the services of a translator. The real estate agency will largely facilitate for you the process of searching for housing and drawing up all the necessary documents. In addition, you can fly to France already directly to view the options you like that you can take in advance with the help of your agent that has more opportunities to go to the place and find out the details that will not be indicated in the standard announcement of the sale. When choosing a house or apartment, it is very important to evaluate its technical characteristics, the quality of the finish, the work of engineering systems. An experienced realtor who already knows in advance what to pay attention to first of all will also help you to do it. The pleasant moments in the acquisition of real estate through a realtor or a large construction company also include a ten -year quality guarantee for the purchased object.
Is the scheme of the purchase of real estate in France from other European countries? In general, from a legal point of view, the process of acquiring real estate in France is very close to the process of acquiring real estate in neighboring states. In the same way as in Italy, you initially sign an intention to buy an object you like with an indication of its main characteristics and cost. With the consent of the seller, the house or apartments are removed from the sale, and you make a deposit of 5-10% of the cost. This deposit is transferred to a special crust score of a notary. The buyer has only one week to think again and abandon the future transaction. Only in this case he will be able to return the deposited bail without losses. If the transaction does not take place due to the fault of the seller, then he will be forced to pay a two -time pledge you have paid. This is followed by the process of verification of all documents for the acquired real estate and direct signing of the contract of sale. Immediately after the signing of this agreement, you receive an official certificate of property and the keys to your home now. Notary services and various checks, as a rule, pays the buyer. In addition, do not forget about the mandatory payment of taxes for the acquired property. The cost of drawing up a transaction in France is not the cheapest and amounts to about 10 to 20% of the cost of the housing itself.
Many foreigners, buying residential real estate in France, count on an unhindered registration of a residence permit. But here they will have a great disappointment. Because the presence of real estate in France gives the right only to design multivisia with the possibility of permanent residence in the country for 3 months in every half of the year. To obtain citizenship, the fact of real estate is not a sufficient basis.
Max’s Real Estate Agency believes that buying a house in France is the investment that you will never regret.