- The reason to buy a place in France
Purchasing a French home is a major financial decision, so are you seeking to make an investment, or do you plan to relocate and operate, establish a business, or even retire? Answering these questions will help identify the type of property best suited to your requirements and its perfect location.
- Where to Purchase Your French house
France has 21 other areas too but obviously we’re big fans of the Languedoc! France is a huge country boasting a huge variety of landscapes, several climatic zones and many micro-climates; narrowing down your search area is a key, and clarifying your standards will help. Joe Laredo’s “The Best Places to Buy a Home in France “(published by Survival Books, #11.95, www.survivalbooks.net) is a great starting point. Why not try the Languedoc for starters?
- The positioning of your French property
Location is all-important. You can renovate, restore, rebuild, modernize, expand and alter a home, but its location cannot be altered. Our guidance is to plump for a house in reasonable condition at a popular, available area, rather than a dream home in a remote spot. You could do some DIY to flip a small home into a fabulous French mat, but no quantity of cash will change an isolated place into anything else. Lost in France has been a hit list — but you do not want it to turn into your song.
- Buy your French house according to your life stage
For retirees, sunshine may be a “should”; being within walking space of a physician, a post office and a couple of stores could be very beneficial in subsequent years. Having neighbors nearby may offer a helping hand and a few additional securities for older individuals. For young families intending to relocate to France, accessibility to schools and leisure facilities will most likely be important. When buying a French house, take into account your present needs – and also how they may evolve as years go by.
- French land – what does it cost?
As a general rule of thumb, the closer you’re some major City or the coast, the higher costs will be. French property is at its cheapest at the countryside; town houses can cost a couple of times as much. In certain rural areas it’s possible to buy an old house in need of work for as little as $50,000, but funding at least the exact same again to make it habitable.
- French property price trends
Annual increases of around 20% have been observed in the most For Brits, French property still offers excellent value; prices are typically 35-60% of those in the UK, peaking where the demand for vacation homes is the most powerful, i.e. that the Atlantic and Mediterranean coasts and Alpine ski resorts. Verify the costs of property advertised online or in specialist magazines to understand how they vary from one region to another.
- Travelling to a French home
Before settling on your property purchase, ask yourself: How long will it take to get there, door to door? Are there any direct travel choices? Is travelling by car an opportunity? There is arguably little point buying a dream house in a highly inaccessible spot; more time travelling way less time relaxing, and you might have problems when it comes to selling.
- House hunting in France: try before you buy
Unless you know exactly what sort of French home you want, And precisely where it should be, it may be wise to rent a property. If time allows, give yourself the chance to experience an area, its inhabitants, weather, amenities, services and cost of living, throughout the year — or out of the high season. Spending a week’s summer holiday in a fairly French cottage is 1 thing; residing in a damp, drafty old house in the peak of winter is another.
- French property types
France offers a wealth of property types, from older, period houses with appeal to more recent structures with all mod cons. A third solution is a brand-new, off-plan purchase (in other words, reserve a house within a growth and then wait for it to be built; conclusion time is typically 12-18 months). If you prefer your French home to be made-to-measure, a maison individuelle can be constructed to your specific design.
- Purchasing a classic French home
For a French home with character, ripe for renovation, with property and possibly outbuildings, you’ll inevitably be looking at an older (pre-1945) property. Remember that renovation or modernization prices are nearly always higher than estimated, and the cost of many renovated properties does not reflect the time and money invested. Older buildings necessarily cost more to maintain. Still, what price the charm of vieilles pierres (older stones) and First capabilities?
Read more also : The 5 dangers lurking in your old house