Benefits of buying a new house in France

Benefits of buying a new house in France

There will be plenty of reasons why you are looking to buy a new home in France.

The French themselves prefer to purchase new properties and sneer at the British (and others), who buy run-down old houses, merely to invest all their money into improving them and still end up without the modern contemporary advantages of a new home.

This is made clear from the large amount of new properties in France, completed properties, and large developments being worked on. These are usually on the outskirts of towns and in village locations; this is where the land is available. It is very rare you will find a new build home in a central location.

It is very important to understand what type of lifestyle you are looking for, also how much budget you have, the practical requirements you have, and how your circumstances could possibly change.

The main benefit of buying a new home is that you are aware of exactly what you are buying. There are strict rules on the workmanship of new homes in France that is similar to the National House Builders Guarantee in the UK, which gives you ten years of guarantee.

Buying off plan has many advantages; you are able to specify ever detail and finished to be completed to your taste. Buying off plan is the ideal way to ensure you get the property you want, instead of waiting to see what the estate agents have to offer and picking from their choices. However, these properties are typically out of town, which is why you need to know the type of lifestyle before choosing a property. When purchasing an off plan property in France, French law clearly states that the compulsory deposit cannot go over 5% of the purchase price. Compared to other property contracts the deposit is 10%.

If you are buying a new home you do not have to buy off plan. There are also property trade fairs in the UK, most exhibitors that see new properties, both off plan and completed. A benefit in buying a completed new property is that you know it is finished, an off-plan property could take longer than scheduled to build, causing stress and all types of knock on effects for your new life in France.

Buying an off plan property in France is a really simple and safe process. All new off plan properties is subject to French government regulation contracts created to protect the interests of the purchaser.

Another advantage of buying an off plan property in France are the stage payments which are made as construction progresses, this will help spread the cost of financing your new home.

New properties require extremely low maintenance. You are free to enjoy your new French property in true French style the second you arrive. If it is a holiday home you can leave your new home with absolute peace of mind and looking forward to your next visit.

Benefits of buying a new house in France