Rory Ramsden – Luxury French Property Finder & Buyer's Agent in south west France
Share the love...

4 Things Overseas Buyers Need to Watch Out for When Buying a Home in France

There are a few things investors need to be aware of when buying a home in France. Once you get through all of the boring stuff, like the paperwork, then a brand new lifestyle awaits. The legal process of buying a home in France is a lot different than other places in the world. One tip for financing a house in France is to put 20 percent down of the list price and then use the rest to invest in a business that will gain money for you.

Key Takeaways:

  • Factor in conveyance fees of seven to eight percent of the home’s price. These are from the state and not the buyer or seller.
  • Wait until interest rates in France are low, and then pay 20% down,financing the rest. It’s not economical to pay in cash or to use an offshore company.
  • Never sign the the compromis de vente until a thorough search has been done to assess the state of the property.

“One thing that most people are unprepared for is how much the legal process of buying a home in France differs from that of their own country.”

http://www.home-hunts.com/blog/buying-a-home-in-france/

About the Author Rory

Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.

follow me on:

Privacy Preference Center

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

Learn the tips and tricks recommended by a top buyer's agent in south west France

SW France Prime Property Buyer's Guide

Download our in-depth FREE SW France Prime Property Buyer's Guide .