Property Prices in France

May 20, 2010 by tony · Leave a Comment 

With a stronger dollar and a weaker euro, interest in buying a home in France is strong. For me, having lived here for 20 years, it is obvious that France, especially Southern France, is the best place to live.

If you are thinking about buying property in France then the first question is – how much does property cost in France. A better question, perhaps is – how much do homes sell for in France.

All French property is sold and valued by the area of usable living space in the main house, not garages or utility rooms, but main rooms, bedrooms, living rooms etc. This is shown as the price per square meter, it does not include the land or outbuildings. This habitable area is very precise and will be shown on the legal documents, tax assessments and all paperwork for a property. All property in France is sold through a Notaire and this price is reported and the cost per square meter is calculated from actual sales made.

There are now a number of websites offering help for you to find the price of French real estate. I have written about pap.fr before they have search form you can identify the cost paid per square meter.

On Facebook today I discovered from a really good blogger PollyVousFrancais another really slick site http://www.meilleursagents.com/ – it even has a mobile app wher you can point your phone at some proeprties in France and get the price properties have sold for in that location.

It is important to stress that these are not valuation or even estimates of the price of a specific property in France – but aggregated figures on historical sales.

The two sites above are OK for a quick snapshot of price indication, but If you are thinking of buying property in France do some deeper research into trends from sites like….

Immoprix
Paris Notaires
National Institute of Statistics and Economic studies
Notexpert

Other sites good for researching data on properties and places in France include….

http://www.lescommunes.com/
http://www.fallingrain.com/world/FR/

The botom line is that any property is only worth what someone is prepare to pay for it – but don’t make the mistake of comparing prices in other countries with prices in France.

Buying a Home in Herault Languedoc France

May 6, 2010 by tony · 2 Comments 

When we moved to France 20 years ago my passport said I was a photographer – although I have done many, many things in my life, this is the only thing I actually have paper qualifications to do so it’s what I put on my passport application forms years ago.

I planned to have courses from our home here in Languedoc from Nizas teaching Zone System photography, but we migrated into other rentals and property businesses and I only ever ran two workshops, I ended up as a real estate agent – strange how life moves your paths.

I still hope to return to, what is now very old-fashioned, black and white chemical photography, working with techniques now over 150 years old, but ‘needs must as the devil drives’, and my immediate plan is to offer real-estate services again from June here in the South of France.

Today I replied to an email from one of my newsletter readers, I am publishing it here as it may be useful for others thinking or planning to buy a property in this region, Languedoc – the department of Herault (34) in Languedoc, Southern France…..

==

Hi

Your plan to find a home seems sound and clearly you have thought through some of the factors you wish for in a property – I will comment on them here in a sort of “stream of consciousness”.

Renting a place for a while while you look is very sensible – we rented for 4 years when we moved to France and I spent most of that time looking hard at what there was, understanding the life we were moving to and adjusting my plans (and altering my own lifestyle and aims in life) – I do not believe it is possible, unless you are mega-rich, to bring a way of life along with your suitcases when you move to France – Paris and some places on the Riviera are exceptions as it is possible to move and live there for years and cocoon yourself in a bubble of ex-pat lifestyles masquerading as the ‘real France’ – but in Herault, the local culture is strong and you must absorb the values they offer or live in isolation.

To rent a furnished 2 bed home for around 700 euro a month is possible, but will be very difficult to find in Herault – most will be unfurnished and on a minimum one year lease (although you can cancel with three months notice, the landlord cannot) – agents and landlords will usually demand a lot of guarantees and references. There are holiday villas which could be rented for the winter perhaps – but add the cost of heating and services

To buy a property outside a town or village will be much harder to find as there are not many – they were never built – but modern developments on the edge of villages are everywhere – it is a local policy to build new developments around every town and village in Herault and there are a lot of nice properties being constructed aimed at the French market and attracting people to move here from all over France – there is also an increase in business and industry in most places – this is partly to exploit the fantastic road, rail and air network which makes Languedoc, in many ways, the true center of Europe. wherever you rent, make sure there is good central heating, winter here is a misery without it or very expensive if you have electric radiators.

To buy – some properties in the countryside are being renovated from old farm buildings, these are in big demand and can be bought ‘cheaply’ (under 200,000 is possible, under 100,000 is much harder) but the cost of renovation of these stone buildings is astronomical. A contractor will cost from 5,000 euro a square meter to renovate and the cost can easily be as high as 15,000 euro a square meter (compare this to the purchase price which is around 1,800 to 3,000 euro a square meter) – this is more than double the value of the property and you end up with a place worth perhaps 300,000 euro which has cost you 750,000 euro – be very very careful with ‘projects’ in France, casual labor costs up to 50 euro per hour – illegal workers can be brought in for as little as 15 euro per hour, but in nearly every case the tradesman at 50 euro is cheaper in the long run.

Renovating yourself saves on labour costs – the learning curve for the traditional trades is steep – putting a window in an old stone house can mean shifting 15 tons of rock and reinforcing a couple of hundred tons of wall with girders (I know, I have done exactly this which took 2 weeks labour for one window which in the UK would have been an afternoons work) – the end result will usually be a compromise as houses in the countryside of this part of France needing this sort of renovation costing about 200,000 euro were not built as comfortable places suitable for modern living, but mostly as dwellings for farm workers or temporary homes due to the transhumance of the sheep in Summer to higher pastures (hundreds of thousands of sheep were moved to the plateaus every year from this area, wine growing as the dominant industry is relatively (19th century) recent. In fact tourism is the main ‘industry’ of this region.

I understand your preference for the countryside – village houses are always cramped, in narrow streets and with rarely any outside space at all – unless you are paying well over 350,000 euro for a “Maison de Maitre’ which will need as much spending again for renovation, these village homes are very charming to visit for a few weeks as they reinforce the comfort and convenience of your own home with a garden, kitchen with a window and warm bedrooms – anywhere in summer in Southern France is delightful, even an old unconverted barn, winter is something else.

At your budget, in Herault, you are much more likely to find a property with some space and possible a courtyard in a village, although not much outside land or garden, they do exist. They are more likely to be in the higher, more remote parts of the department – many village properties will offer a plot of land for gardening outside the village, although these are getting harder to find now.

As you are not into quaint and historical – think about building new – building costs are from 2,000 euro per square meter and a plot of land with services from 120 euro per square meter – this would typically be on the edge of a village as the land has to be ‘zoned’ for building – all villages are extending these zones and a lot of new land is being offered – but this would be on a new development of similar houses.

Finding a plot in the countryside is difficult, there is a big demand and not much on offer – you can look for an existing run-down habitation and then try for planning to ‘develop’ it (expanding new and keeping the original perhaps as a garage – but this is hard to get. Never think of buying before all agreements and planning permissions are in place

It is possible to find the ‘right’ home within your parameters – it takes a lot of local knowledge, time and luck, so if you are budgeting to rent and look hard, especially over the winter months when things are more ‘dormant’, everything is possible (perhaps).

As for rented accommodation, all I can suggest at present is to rent an apartment in our place, on a 3 month (or longer, up to 6 months) let from October/November we can five a special winter only offer our ‘Rose’ apartment for 900 euro a month all inclusive (heating aircon etc – the central heating is essential from November to March at least). We will also have a smaller apartment ‘Quince’ available then at 650 euro a month.

http://villaroquette.com/apartments/rose-apartment/

I am registering (again) as an Estate agent from June this year and have a number of unlisted properties to offer already – I am not opening yet another ‘shop’ – but offering my local knowledge, experience and Internet services, including some new ‘search and identify’ facilities. I am going back into this business and will be working hard to offer a fair and honest service which brings together my experience of Internet services and 20 years of local knowledge and living in France.

Alas I will not have time to use ‘wet plate’ techniques to photograph the properties and print on platinum papers and I will try to curb the urge to photograph every room with a 14mm lens – but I will discover new places and meet interesting people and, hopefully, earn a living.

Write to me with as much information and your thoughts so I can begin to ‘profile’ your wishes and send you information.

Hope to see you later this year

Tony

==

A Guide to Renting in France

February 5, 2010 by tony · 1 Comment 

Although home ownership in France is increasing, most people live in rented accommodation. In major cities apartment living is the usual way of life.

The Internet is changing the way we do many things, until recently nearly all property rentals were arranged through an an agent immobilier – estate agent – this was their main business, but increasingly home rentals are advertised and sought online. Sales of private properties have increased, as has the number of agencies and the rental service has changed, although there are usually some specialist agencies offering rentals in large towns.

In France the tenant has very strong rights and is protected in many ways from exploitation by landlords. But this protection has caused problems for property owners. There are many cases where an owner has not received any rent for years yet cannot gain access to their own property. This has discouraged owners from renting and there are changes now planned to some laws which give fair rights to both owners and tenants.

At present an unfurnished property will be offered normally on a standard three year agreement, renewable for a further two three year periods with fixed maximums to the increase of rent to be paid. Furnished accommodation is often offered on a one year agreement and a registered student can obtain a nine month agreement.

Unless there are restrictions (as there are in central Paris) a furnished property can be rented as a seasonal or vacation property for any period less than six months. In central Paris only one year tenancy agreements can be offered, vacation rentals are not allowed, unless the proeprty is correctly registered and rated as a commercial property (very few are).

The tenant can cancel the rental agreement with three month notice. The owner can only request vacant possession at the end of the period of the lease if they require if for their own use or intend to sell the property. If the property is offered for sale the tenant has the first right of refusal to purchase. An owner cannot artificially inflate the selling price or use other devices to inconvenience the tenant without risking expensive penalties.

If you are looking for rented accommodation and use estate agents, you need to know that there is no central listing service so it is necessary to get information from all agencies in a region to find the available properties.

Many commercial owners do prefer to use agencies to assist in protecting them from “troublesome” tenants. Agents will charge normally at least one months rent commission for finding a suitable tenant and about the same each year for managing the rental. Howeern renting diret from an owner does not often reduce the rental demanded, although you mayb able to negotiate the deposit required.

Agencies will normally demand a further two months, sometimes three months, rent as a security deposit. This is only repaid at the end of the tenancy after a full inspection of the property has been completed.

When a tenancy has been agreed, a detailed inspection (an état des lieux) is made – ther are standard foms for this and it is usually ery detailed. The tenant should check carefully all entries, note any prior defects or damage to the property and take photographs where possible. Make an note of every hole, scratch, mark or stain. For a landlord to claim a property had to be completely repainted and to charge a huge professional rate for this to the departing tenant does happen.

Unfurnished property can be very basic, a kitchen may only have a basic sink, I have seen properties where the light bulbs are removed and not offered with the property. If you are taking over a property and view it when it is occupied, do not expect any of the fittings and fixtures to remain, or insist that those items which are with the property are listed and agreed.

Be sure you are aware of any other costs in renting. You will be liable for the taxe d’habitation each year. Interestingly it is the person who occupies the property on January the first of a year who is liable, so if you move in on January the 2nd you get 364 day free of this tax for your first year. The owner of the property is liable for the other local tax the taxe fonciere. Check what this is at the local Mairie.

There are other charges on a property, especially apartments. Management, maintenance and concierge charges may apply, be sure to get these confirmed and explained in writing before you sign an agreement. These charges do change annually, rarely downwards.

Services are usually paid by the tenant, most usually water gas and electricity, but also waste collection and other services may be added charges. Check carefully what is included in the rental.

Once you have found a place to rent and are comfortable with the agreement, you will have to prove your income. This is usually proof of at least the previous three months income, a contract of employment, bank statement details. Your disposable income should be at least three times the rent demanded. If there is any problem, you may also be asked to supply one or more guarantors who have assets or proven income to support your charges. Guarantors are almost certain to be demanded if you are self employed or an “artist”. Now you know why many famous artists lived in squalid garrets, they could not get a proper apartment.

In most cases you will need a French bank account as payment will usually be demanded by autonomic monthly payment.

However, first you have to find your property – this is anther article.

Montblanc Puzzle

December 30, 2009 by tony · Leave a Comment 

If you are finding it hard to concentrate on work after Christmas and the new year – then what you need is a holiday.

What better than coming to stay with us in our Apartments or Bed and Breakfast in Montblanc.

To relax you and get you in the mood, here is a jigsaw puzzle of a typical street in our village……

Slide the pieces with your mouse….

Or click on the picture or link below….

montblanc_typical_street_600 - online jigsaw puzzle - 35 piecesMontblanc street

Househunting in France

December 17, 2009 by tony · Leave a Comment 

I received a comment this morning which is prompting me to do some worK.

A reader sent me a question on my About Us page, asking how to find the name of an owner of a property when they know the address.

First this is reminding me to put some up-to-date photos on the pages – Jack is a young man now and I am older, Carole seems to be getting younger though, so it all balances out.

I have also been reminded of my idea to create a website service to identify, map and give owner’s details of all properties for sale in France.

In most countries there are services giving multiple listings and full details of properties for sale. In the United States sites like Trulia.com and Zillow.com plus blogs like futureofrealestatemarketing.com, or using trade aggregators like Realtor.com can give a buyer some good indications of the total proeprties for sale in any area.

In France it is different. There are several ‘groups’ and trade associations of estate agents. However, most properties for sale do not have any kind of central listing and the advertising done by agents selling properties give very little information, usually never the address and often not even the general area of the property. This is because most properties are listed with many agencies and the agent would lose their (huge) commission if a buyer went direct to the owner to through another agency.

As the purchase and sale of every property, by law, must be done by a Notaire, there is a fixed charge and tax on every purchase. This is around 6 percent of the purchase price (less for a new property) – add to this the estate agents commission, usually around 6 percent again and there is a big incentive for a buyer to deal direct with the owner of a property, if they can find out first which properties are for sale and second, contact details for the owner.

There are a few websites which list properties for sale direct from owners in France – probably the largest is pap.fr/, this site also has some tools giving indications of the values of properties sold recently by department and town.

Privacy and secrecy are taken seriously in France, but there are ways of finding information, addresses and names. The most obvious one is the online telephone directory, there is a reverse look-up facility for individuals at PagesBlanches

By using other Internet tools like Google Maps the local French property rating maps .cadastre.gouv.fr and information about towns from sites like linternaute.com and FallingRain – a researcher can, with a lot of work, find out information and clues as to what properties are for sale and local values.

For a couple of years I have been wanting to make a ‘mashup’ of services and create a site which can use search tools and come up with a list of property for sale, owners and values services etc about any area. I believe I could target over 90 percent of all properties on offer – bearing in mind that many are still not offered through real-estate agencies, this would be a useful application for a mobile phone.

One day soon it will be done, it would be nice if it was me doing it, I could do with the money.

France the Flip Side

November 30, 2009 by tony · 1 Comment 

I am a fan of Jeremy Clarkson, his column in the Sunday Times may be the only floppy copy I read each week, apart from his motoring section which rates the Lada higher than the Audi (so do I and I love the Dacia)

He got a column ‘pulled’ recently for suggesting the tying of some chap called Mandelson to the front of a van and parading him around the UK in an attempt to cheer up the increasingly fed-up population of Britain. It seems that this chap Mandy is an unelected lord of all things and responsible for supporting rich people and generally being important. There is also a Mr Brown somewhere and another chap called Darling – it all sounds like the cast of a Blackadder farce, but it isn’t.

Basically the censored article said how fed-up lot of people are with Britain and would love to live somewhere else, France for example, but JC pointed out that there is a teensy problem with paperwork and bureaucracy in France which an Englishman would not get on with.

I am an Englishman and I do not get on well with French paperwork – actually I do not get on well with any paperwork, but I get it in spades in France and really do very badly.

But this is the point – it seems a universal truth that the ‘quality of life’ in France is recognised as being among the best in the world – millions of people leave their own countries and come to live in France. More people come to France to experience the French lifestyle and culture than to any other country in the world.

Yes France does have a horrid number of civil servants, a low income level, privacy and secrecy laws to stun a goldfish and a reputation of being cheese eating surrender monkeys – I refute all of these (well not all, there are a lot of civil servants and a lot of cheese).

On another blog I started at http://2337.com I am presenting facts and opening discussions relating to some legislation affecting short term rentals in Paris. I am doing it because for over a year I have been anticipating some public announcements which will affect anyone who is involved in renting private apartments in Paris, owners, agents and tenants, many of whom read my newsletter or write to me.

Sadly this will inevitably affect some good agencies, some owners who have invested their savings in rental properties and many years of hard work. By my publishing this now and by trying to present the true facts, the good guys could adapt their services and do well – the bad guys who have robbed and tricked people will, I hope, be made to pay.

But what I found interesting in the debates underway on that blog is the assumption that the City of Paris is shooting itself in the foot and that this is ‘bad for tourism’ and will ‘lose Paris income from tourists’.

My belief is that the people of Paris do not give a fig or a tuppenny damn for tourist income and this is the point I am trying to make in this post.

The quality of life in France is good exactly because the French national character values a human lifestyle with values expressed in conversation, food, local shops, affordable homes and which respects a philosopher above transient celebrity. Whereas many other societies establish the value of everything in money.

This explains to me why there is so much control, why I have to do everything in quadruplet and in black ink yet also why health care and education are brilliant. It is because people care about their cities, villages, homes and family life and prefer to have local shops and Parisians living in Paris than chase the quick shilling/dollar/yen/whatever.

The people of Venice are protesting in the streets about the circus their city has become, the city of London is a derelict wasteland in the evenings (I lived in the Barbican for a while).

Wisely, Paris built their Disneyland outside the city – they plan to keep it there.

Now I must get back to filling in another form to wind up a company I have never wanted, never used and which has cost me a fortune but is still there because I missed a dozen pink forms which I only returned in triplicate when everyone knows they have to be in quintuplet.

Post Script…

I am delighted to see that the censored article is back on the Times online site at Tie Mandy to a van Perhaps there is hope – Yogi Blair is not president of Europe and Oz the Rupe did not tug his whatnot for Mandiavelli

Dark Cloud over City of Light

November 21, 2009 by tony · Leave a Comment 

I have started a blog at http://2337.com which is currently only about one subject – The Rental of Residential Apartments in Central Paris.

I did this as I believe that it is a very important subject which may be putting a lot of people at serious risk, both financially and for personal security.

It is against the law of France to rent an apartment designated as a residential property for a period of less than one year (nine months in the case of a student rental). Most apartments in Paris, the vast majority, are residential apartments as opposed to commercial property. The owner faces a fine of 25,000 euro plus 1,000 euro a day plus 5 years in jail if there is an infringement. The renter is not likely to be able to have insurance cover as the occupancy is illegal.

I have been aware of the problem for over a year and the law has been on the statutes for a long time, but the storm-clouds are gathering. Recently the penalties have been increased and a new bureau has been created an empowered to take action against property owners (not tenants) so I have been investigating this by interviewing the authorities concerned last week. I am also trying to find solutions for owners and renters that comply with the laws.

Living in Paris

November 8, 2009 by tony · Leave a Comment 

Prices charged for vacation and holiday rentals for private lets in Paris are a minimum of four times the rental charged for a regular tenant, it is often many times more than this and the acute shortage of rental accommodation in the city, partly caused by these apartments not being available to Parisians pushes prices up.

Interestingly, as in the city of London, it is actually illegal for the owner of a private apartment in Paris to offer this for rent as a vacation property, or for any form of short-term furnished letting. There are a few exceptions, registered commercial properties for example, or for rentals to students, but these represent a small number of those properties advertised on the hundreds of websites offering Paris apartments.

The laws are clear, but, like many things in France, these laws have not been applied – until now…..

To read the full posing and follow the comments on this important subject please see the full article here.

Now I have Stopped Working – Not

October 17, 2009 by tony · Leave a Comment 

Now that I have stopped working (well almost) on the house, I am back to marketing and getting guests for our apartments and BandB. We first started this in our old home in Nizas 12 years ago and did all our marketing through the Internet – hopefully I can get back into the same flow as before, there is a lot more actiity on the internet now and the days of getting to the top of Alta Vista in a couple of hours are long gone – the tricks I used then would get me banned from Google for life. I am looking at what is on offer for help in Internet marketing, the rules and ruses seem top be the same, just follow the Google motto of ‘Do No Evil’ – a good website I found is http://www.nikkipilkington.com/about-us/ – Nikki looks good too! (plus she’s a biker)

Hopefully my 20 years experience of Internet marketing will get me started, but I will always look for good skills and help. I don’t have the strong websites I used to own, which got to the top of all French accommodation listings, but I will – Start All Over Again

If you are thinking of coming to France – stay with us – I will try to make you an offer you cannot refuse.

Villa Roquette

Villa Roquette

A Bargain Property in the South of France

October 17, 2009 by tony · Leave a Comment 

Would you like your own home in the South of France? It is a dream shared by most of the visitors I meet here and, after a quiet year with most of the world (according to the Daily Mail) hopping from one crisis to another, people are beginning to look for bargains for sale – there are a few still around.

pouzols

For a while I was selling property in France, I worked with an excellent company which I thoroughly recommend if you are looking along the Riviera. However, I found the local agencies are, generally, a bunch of thieving rascals – there are a couple I would recommend in Languedoc, so if you are looking here then do contact me first. I am happy to give advice, but I cannot charge and get no commission as I am not registered as an agent now. You get my personal opinion from 20 years of experience, preferably over a glass of wine

Most visitors fall in love with old beams and stone houses – many of these homes in this region were built over three hundred years ago – our first home here was first recorded in the 10th century – and has been lived in continuously for over 1,000 years – our present home is a mixture of 17th and 19th century, so is very modern in comparison.

But old houses, although built to last with stone walls sometimes two yards thick, need a lot of work if you need to renovate – I know, I have spent a lot of the last fifteen years with a hammer, shovel and pick.

One very sweet house I sold a couple of years ago is back on the market – here are some photos, it (very rare) comes with a courtyard garden and a fig tree. It need a lot of work, but is not too big and a realistic project. The village is just perfect, a classic Mediterranean village in one of the most beautiful parts of France. Contact me and I will put you directly in touch with the owner, a charming American lady who rides a Ducati (very fast). The price, I understand, is around 50,000 euro.

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