The good life in France

France, the most beautiful country in Europe, has been the prime choice of most property investors. If you invest in an apartment in France or buy a property in South France, you can use it as your second home and enjoy the real Mediterranean climate and the warm beaches. France has its own natural, economic and cultural factors which attract foreign investment in the real estate industry. Apart from that, the property can yield you rental income for a long period of time. Be it an apartment in France or a leaseback property in France, anything can yield you rental income.

The French are people with an invincible thirst for life. They believe in celebrating life. Cities like Paris, Nice and Cannes have the most stylish apartments in France. Good life and remarkable long term revenue are assured for a real estate investor in France. Luxury villas, trendy apartments and flashy houses abound in places like the Provence.

To buy a property in France one has consider the following points:

• Where should my property be? Either by the sea or inland, by the mountain ranges
• How should it be and how will I be using it? Is it a calm villa or family vacation house that you want?
• Your financial position and budget – Do you prefer Leaseback property in France? Do you plan to avail French mortgage?
• Plan a visit to the places where you intend to buy property. For instance, if you are planning to buy a property in Cote d’Azur, visit the place thoroughly and check if it suits your tastes.
• Remember all the criteria and seek the advice of real estate agents

Before you consider buying a home, try to finalize the way to fund the property. Buy a villa in France as the prices are relatively low when compared to the countries in Northern Europe. Focus on property in Provence for sale as the location is favourable for spending your holidays. Buy a property in Cote d Azur and you have options to use the property for holiday rentals which can earn you during the vacation season. Or try the leaseback scheme which gives the buyer regular income with the option of repayment of VAT (19.6%) included in the asking price of the property.

Leaseback property in France is quiet common as it guarantees income on the property which is mostly situated in coastal areas and near golf course areas. Buyers are benefited with mortgages. Buy a property in Cote d Azur or any other Property in Provence for sale with the help of mortgage, as it is the easy way to finance the property. To live a peaceful life in France without any financial tensions, you can opt for a leaseback property in France. As in UK, there are many mortgage options available in France:

• French Repayment Mortgage – which is also known capital-and interest loan asks the buyer to repay the owed amount and its interest within the stipulated mortgage term.
• French Interest-only Mortgage – This type asks the borrower to repay the interest for the amount on a monthly basis and you have to make sure that you have enough money to repay the owed amount.
• French Fixed rate Mortgage – Monthly expenditure on mortgages will be fixed and the interest rate will not rise as and when rates go up.
• French Variable rate Mortgage – The mortgage value may increase or decrease as per the fluctuation in the interest rates.

The above details can help you to make the most of your investment in France.

Moving to France

France is a traveller’s ideal haunt. With its flamboyant culture, fascinating historical monuments and flashy and life-loving people, France is the best place on earth for an art-savvy and party-loving traveller. Its remarkable coastal districts and remote villages also make it a haven for the solitude-seeking tramp. Whether it is to satiate the tramp in you or to gratify the party-lover in you, moving to France is really a brilliant idea.

If you have any idea of moving to France, read below to find useful tips to realise your plan of making France your dwelling place. Real estate industry is on the rise in France. Real estate in Aquitaine and property in Languedoc are of good value from an investor’s perspective. Investing in property in France will never let you down as the residential property prices in the country are growing at a respectable rate of 10% per annum and yield around seven to ten percent rental income.

There are many more factors which are favourable for buyers who decide to move to France. A Villa in the South of France or property in Languedoc will earn revenue for its buyer in the form of rent as it can be used for vacation rentals or as leaseback property. Real estate industry in France is very rewarding. Real estate in Aquitaine is favourable for the seller and hence is a good investment in the long run.

While moving to France, one has to take a note of the following cultural factors which allure foreign investors:

• The well connected airways to France have made it an ideal place to live in this fast moving world.
• Investors from European Union countries and other countries like US and Australia are common in France, so it is easy for the people to form English-speaking communities.
• Owning property in the Provence can be highly beneficial. Many investors throng to buy in the Provence on account of its beautiful mountains and sandy beaches which invite more tourism and pave way for people to get closer to each other.
• French cuisine, wine and villas South of France (living style) are most enchanting things about France.

The above are the cultural benefits in buying a property in France. Following are some useful tips which will help you finish your property deal with France mortgage broker smoothly:

• Contact the real-estate agent on finalising a property
• The cost incurred in investing in property in France is negotiable with the real estate agent.
• Check for the option ‘Clauses’ as it helps you to withdraw from the deal if a valid reason is provided.
• Sign up the first contact document or ‘Compromis’ which will have both parties agreed for the deal.
• Before 7 days, you (buyer) have the option to withdraw from the sale.
• Ensure that the boundaries of the property are clarified and check if everything blends with the property offered.
• Check for the Notary fees and the cost incurred while registering the property.
• Once the survey is over, you have to confirm with the ownership of the property and have to transfer the money in Euros.
• Sign the final deal on checking the property as it says ‘sold’ as seen on signing date.

For any financial assistance, France mortgage brokers will be of great help. There are many mortgage options to buy in the Provence and it will never burden on you. Taking up the mortgage will help to avail tax benefit. Annual tax is reduced on availing a French loan for the secured property.