A chalet in the French Alps, a quirky flat on the Costa del Sol or a cosmopolitan townhouse in Lisbon are all popular second-home destinations, but have you ever wondered where the greatest spot to buy a second home is? Fortunately, global real estate firm Savills has recently released its annual Prime Residential Index for 2023, which details the world's greatest second-home...
Thinking of buying or selling French Property? France is a beautiful country with a lot to offer potential property buyers. If you're thinking about buying property in France, one of the first things you'll need to do is find a good property listing website. There are a number of different French real estate websites to choose from, so it's important to do your research and find one that best meets your...
Selling property in France as a non-resident can be a complex process, but it is important to understand the taxes involved and the steps required to ensure a successful sale. Taxes Non-resident sellers of property in France are subject to a number of taxes, including: Non-resident income tax (IRNR): This tax is payable on the capital gain made on the sale of the property. The capital gain is...
French leaseback resales are a popular investment type for international investors, due to the potential for high rental yields and the stability of the French economy. What is a leaseback resale? A leaseback resale is a property that has been purchased by an investor and then leased back to the seller for a period of time, typically 9 to 12 years. The investor receives a guaranteed annual rent payment...
Selling a house in France can be an exciting yet daunting task, especially when it's in a beautiful country like France. The Spanish property market has always been appealing to international investors, but understanding the current state of the market, effective marketing strategies, and the tax implications of selling a property is crucial to ensure a smooth and profitable transaction. In this blog,...
House prices in France are expected to continue to rise in 2023, but at a slower pace than in recent years. The Notaires de France, the body of French property lawyers, predicts that house prices will rise by an average of 5% in 2023. This is still higher than the long-term average of 2%, but it is a slowdown from the 7% growth seen in 2022. The slowdown in house price growth is being driven by a number...
The French property market is expected to cool down in 2023, but it will remain strong overall. The main drivers of this slowdown are rising interest rates, inflation, and a shortage of houses for sale. Rising interest rates The Bank of France has raised interest rates several times in 2022 in an effort to combat inflation. This is expected to continue in 2023, which will make it more expensive for...
We still get a lot of inquiries from outside Europe about whether or not they can buy real estate there. The answer is yes. Non-EU citizens must comply with a number of rules and regulations during the procedure. Both well-heeled investors and first-time purchasers on a tight budget might benefit from being familiar with the laws and typical pricing of European real estate. First and foremost,...
Thinking of buying or selling your property in France? Many locations provide discounts or other enticements to Investors in an effort to increase tourism. But have you ever heard of a programme that reimburses buyers the VAT on a brand-new home? That, at least, is completely true in France. An enticing inducement is the ability to recoup 20% of the VAT paid on a newly constructed home if it is rented...
The French Riviera, also known as the Côte d'Azur, is a popular destination for international property buyers. The region is known for its stunning beaches, beautiful scenery, and mild climate. It is also home to some of the most luxurious and exclusive real estate in the world. Most popular places to invest Some of the most popular places to invest in the French Riviera include: Nice: Nice is...