Is French property really this cheap?
Discussion
http://www.francepropertyshop.com/propertyDetails/...
What's the catch? I know there's one somewhere!
What's the catch? I know there's one somewhere!
Location, location, location!
It may take 6 hours to Calais on Google maps, but how long do you really expect to take to get by Paris during daylight in summer?
2 acres of grazing land is not worth very much in France, so discount the land and value the /m sq of constructed building of the same standard.
If you like holidays in the Lake District, or Scotland, then this may be for you; if you are a townie, then perhaps not. It is a truly fantastic region for peaceful holidays and great circuits - Charade being the best.
It may take 6 hours to Calais on Google maps, but how long do you really expect to take to get by Paris during daylight in summer?
2 acres of grazing land is not worth very much in France, so discount the land and value the /m sq of constructed building of the same standard.
If you like holidays in the Lake District, or Scotland, then this may be for you; if you are a townie, then perhaps not. It is a truly fantastic region for peaceful holidays and great circuits - Charade being the best.
You'll need to add on the Notaires fees which include the taxes and French equivalent of stamp duty etc. There's a calculator at http://www.frais-de-notaire.fr/frais-de-notaire/si... which will tell you how much you'll have to pay. Generally the seller pays the estate agent's fee.
you want to look at northern ireland right now for cheap. i just moved there and was gobsmacked. www.propertypal.com
magooagain said:
It's the buyer that pay's agent fee's,not the seller.
The UK is the same if you take this view. Technically as the buyer is the only person parting with money yes but the seller is the person who hires the immobilier and therefore is contracted to pay. Sometimes the buyer agrees to pay because this can reduce the buyer's tax liability.magooagain said:
The buyer allways pay the fee's. Not just sometimes. I have never known a seller to pay agent's fee's.The buyer is the person that contacts an estate agent to look at houses for sale.
The seller may use as many estate agents as he/she wants.
The seller can contract with as many agents as he wants and/or sell privately or sign an exclusive with one agent. With an agent there are two "prices" discussed: the "prix net vendeur" and the advertised price - the "prix de vente". The difference between the two is the agent's fee. The buyer pays the Notaires' (equiv. of solicitors) fees, but legally speaking the seller pays the agent. The taxes and legal fees are calculated on the "prix de vente". The buyer can elect to pay the agent's fees thus reducing the "prix de vente" and its associated legal costs. Agents tend not to offer this because it produces more work for them for no more money. You won't sign a contract with an agent, as a buyer, to pay their fees.The seller may use as many estate agents as he/she wants.
I personally know six French estate agents, have bought four houses and dealt with four Notaires of which one is also a neighbour. I'm only making this point to give my comments some weight not to start an argument.
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