Starting Out On That Dream
France is a beautiful spacious country with a wide variety of landscapes and climate conditions to chose from. It also has a rich gastronomic heritage, a thriving tourist industry and, even after several consecutive years of price rises, an affordable supply of picturesque properties for sale.
Perhaps you are one of the many people who have dreamed of buying a house in France?
Well why not turn that dream into a reality just as I and hundreds of others have done.
Prices
Are They OnThe Turn.
Since 1995, French house prices have risen by 210%.
French property construction dropped 15.1% in February and house prices dropped by 0.6% in France in January.
(Source: Article in the Daily Telegraph by Ambrose Evans-Pritchard.)
As the ripples from the crisis in the sub-prime market in the U.S. spread round the world there is a possibility that house prices in Europe could be affected with France's OFCE research institute estimating that houses in France are 25% overvalued.
It has been reported that average house prices in France fell by 0.9% in the third quarter of 2007, (source, The Daily Telegraph).
With prices potentially beginning to fall, now could be an ideal time to start looking for your holiday home in France.
What You'll Need to Know
Estate Agents , Solicitors, & Surveyors.
French estate agents are called agents immobilier and it is usual in France for the buyer not the seller to pay their fees.Their fees are quite often included in the advertised price of the property, and when that is the case the price will have the letters F.A.I. afterwards.
The price that is displayed in the immobilier's window is not necessarily the price!
It is common for the vendor to have indicated to the immobilier a minimum price he is prepared to accept. If the property has been on the market for some time without selling, you could offer that price so always ask the immoblier what the minimum price is.
The person who handles the legal side and the contracts is called a Notaire.
As with the immoblier it is usual for the buyer to pay the Notaire's fees.
The notaire, who is appointed by the seller or the immoblier, should be impartial between the buyer and the seller representing as he does the French Government.
If you wish to appoint your own Notaire however, you are allowed to do so and the two notaires should split the work and the fees.
French buyers, if they require a survey on a property, will commission a registered builder to prepare a report for them. If you would prefer to have a Surveyor's report, there are now numerous British Surveyors working in France. You should be able to find one in the area of France that you are interested in through your favourite search engine.
When the time comes to transfer your funds to France, you could save thousands of £/$ by using a foreign exchange company rather than a high street bank. They generally charge less commission and give you a better exchange rate on your money.
Useful Web Resources
- The official French Notaires website.
- You can find a Notaire in the part of France you are looking to buy in here. The link is to the English version of the site.
- French Immobliers.
- The website for the French Federation of Immobiliers - it's all in French so you may need to use the translation option offered by some search engines.
- Buying a house in France.
- A beginners' guide to buying property in France.
- Legal Information about France.
- Information about the legal aspects of buying a house in France, including the contracts used.
- Legal Matters 2 about France.
- Some useful information about French inheritance law.
- Caxton FX
- The foreign exchange company I dealt through. Gave me an excellent service.
Learning French
Whether you are learning French from scratch or trying to improve your French language skills, there are some excellent books available to help you out.Local second hand bookshops are a good starting point. One book that I picked up from that source is 'Hugo's French self tuition in three months.' This is a very helpful book for beginners and one that I found so useful that I now have two copies, one at home in England, and the other in France.
I've added some more in the list below:
Books to Advance Your French.
- Hugo's Simpified System French self tuition in three months
SBN 85285 025 5.
Ideal for total beginners. - Collins French Dictionary plus Grammar
ISBN 0-00-472368
Great idea, a dictionary & grammar combined. - French Verbpack - Oxford University Press.
www.oup.com
ISBN 0-19-860338-X
Invaluable, conjugation of verbs plus how they are used in everyday conversation. - Dictionary of French Building Terms - summersdale
ISBN 978-1-84024-494-6
If you've bought yourself a picturesque ruin in France, you're going to need this book.
Learning French, Resources on Amazon
Check OutThese Other Lens On This Subject
- Destination France
- More information about buying and living in France.
Paris, City of Romance.
Why not suprise your partner by booking a flight?
From the Eiffel tower to the Musee D'Orsay, there is an abundance of interesting places to see in Paris. You could book yourself a trip right now.
Samuel's Guestbook.
Are there things you would like to know about buying a house in France that I haven't included here?
Leave me a message and I'll try and include them.
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Reply
- BrianS BrianS Aug 30, 2008 @ 12:27 pm
- Hi Samuel, I have just featured your lens on mine www.squidoo.com/destination_france_the_purchase. Take a look we could maybe help each other up the ranking a little by linking to each other. I think your lens covers the learning the language in much more detail than mine. Anyway have a think about it. Brian
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Reply
- Paroshep Paroshep Mar 21, 2008 @ 12:15 pm
- Power to you. I am doing something similar in Greece. Check out http://www.squidoo.com/Paros
Cheers,
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Reply
- Christene Christene Jan 31, 2008 @ 8:11 am
- Blessed by a SquidAngel
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Reply
- LadyRaine LadyRaine Nov 28, 2007 @ 4:33 am
- Yer teasin' me!
I've read some fabulous books about living in France! it is on my vacation list, at the least.
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Reply
- kemengr kemengr Oct 21, 2007 @ 11:21 am
- I like France though I have never been there before. I was introduced to french by my son when he was learning at college. We had to struggle with a French-English dictionary to understand some words. He scored 97%. Your lens revives those memories! Thank you, so much.....
by SamuelAlder
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