How To Find Your Perfect French House For Sale

Over the years, real estate as an asset class has always been popular

. Many people have preferred to stagger their investment portfolio across stocks, real estate, commodities, some bullion, government securities and even art. This strategy has proved to be successful and people have been able to come out relatively unscathed through some of the upheavals in the stock as well as commodity markets thanks to this hedging strategy.

Real estate or property as an investment is looking particularly favourable in these times due to the depreciation of the Euro brought about by the precarious sovereign debt problem in Greece and Spain. This was not the case some months ago as the Euro had appreciated on the back of strong economic performances of Germany, Italy, and France and therefore made it expensive for those in the UK to make property investments and find a suitable French house for sale.

The property climate in France in particular has become more favourably disposed to foreign investments due to certain tax concessions extended for new house purchases. Better lending norms and incentives are also factors that residents in UK will find encouraging to pick up property in France. This country as an investment destination has always been high on the list due to its wonderful life style, great connectivity to the UK and superb infrastructure.

As with any purchase, it is essential to buy the property in France at the right place and that itself can save you some money or bring you better returns in a relatively short span of time. For instance, properties in Paris or in Cannes are not going to come cheap but a farmhouse that would require some renovation around the Loire valley can still be a very good investment and the chances of its value appreciating are far brighter. Similarly, areas around central France that has a lot of farms and is thickly wooded offer opportunities for investment that can deliver great returns.

One aspect which you should look at when looking for a French house for sale or French property for sale is to minimise your acquisition cost in terms of any brokerage and other sundry expenses without compromising on the legality of a deal. That is possible by avoiding real estate brokers who typically charge a high percentage commission for helping you conclude a deal. You can instead look for 'notaires' who are qualified and have to go by what the French government has fixed by way of charges.

They are the ones who take care of the 'conveyance' of the property. Typically they do not charge more than one per cent as their commission since they make their money from the paperwork involved in the exercise and therefore are far cheaper to the real estate broker. The fact that they are also in a position to offer houses for sale ensures that they become the one stop shop for your requirement.

Knowing the French language and having the ability to converse with the local people in their language is yet another great advantage that you will have when looking for that French house for sale.

by: Lawrence White

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