Buy real estate in France
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Real estate for sale in France
Without a doubt, each of us sooner or later gets tired of the hopelessness of everyday work and secretly dreams of plunging headlong into a life full of romance, new sensations and impressions. And, of course, France is best suited for these purposes! After all, it is in this country that you will be able to stroll through the streets of ancient cities, visit such sights as the Gothic cathedral in Reims and the island of Cité in Carcassonne, take a tour of the castles of the Loire, as well as add to your piggy bank the excellent taste of freshly baked croissants, French cheese and fine wines.
That is why the purchase of real estate in France is not only a profitable investment of money and an indicator of the well-being of its owner, but also an excellent opportunity to fully enjoy the natural, cultural and historical sights of this country. For example, becoming a full-fledged owner of real estate in Paris, you will be able to visit places like the Louvre, Notre Dame Cathedral, Champs-Elysees, the Eiffel Tower without haste, for a full inspection of which it takes more time than a couple of days as part of a bus tour.
The process of buying real estate in France takes place in several stages:
- Opening a settlement account in a French bank (all settlements in the process of buying real estate are carried out by transferring funds from a French bank account to the settlement account of a notary office);
- Signing of a guarantee contract with a notary (before signing, it is possible to lower the initial value of the property or refuse to purchase it);
- Search and registration of a loan (if necessary);
- Signing of the Act of Sale (Acte de Vente) with payment of a mandatory commission fee for the services of a notary representative in the amount of 7-8% of the total transaction amount. Within two weeks after the execution of this document, the notary is obliged to register the new owner at the appropriate registration office.
Every potential buyer of real estate in France will have to familiarize himself with the pricing policy of the French primary and secondary real estate market, decide on the type of apartment (apartment, cottage, villa or even a medieval castle). And also to find out in detail all the nuances of the sale of real estate in France: the guarantees of the developer company and the size of the security deposit, the possibility of construction on a certain site (often certain restrictions are imposed on the development of land on the coast or in mountainous areas), the conditions of ownership of real estate on the coastline (for example, on the Cote d'Azur), the opportunity to use the state program «Lizbek» and others.
