Buying Your First French Property - Part 1!


Buying French property is a dream for thousands of Brits, with new research revealing that over 75 per cent of us wish we could move abroad. One in five said that they would be able to retire to France or another European country but many would have to sell their UK home to ensure financial stability.

But what to buy?House hunting in France can be a stressful time and many investors who are looking to buy a French property opt to eliminate this by purchasing off plan.

Off plan is when a purchaser signs a contract to buy a home before it has been built but assumes that it will be similar to a show flat which has been set up by developers.

In France, developers will ensure that a contract is signed as soon as possible. You will be expected to pay a deposit which is normally between two and five percent of the full price, with the latter being the maximum by law.

French LeasebacksOne scheme that a number of Brits are turning to is leaseback, which allows property investors to buy a home and then lease it back to a rental agency to let out.

The scheme has many advantages for those applying for French investment mortgages, with the rental firm offering a guaranteed income for the term of the lease.

Moving the FamilyIf you are moving with a young family then the thought of schools will be top of the agenda. Families will differ on which school they choose, both in terms of how much it costs and the needs of the particular child, but institutions at their disposal include uni-lingual national schools, international schools, bilingual schools, private French schools or state-run French schools.

So whether you decide to buy a property as investment and move to France at a later stage or move now - there are many options available for your dream French property.

Howard Farmer1st for French PropertyFrench Property - We have French property from 15,000 euros - stone houses, land and farms. Residential, vacation and investments property for sale across all of France. Investments: leaseback, buy to let and reversion property.

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