Archive for May, 2006

French Property Bargains

May 28, 2006 at 11:34 am · Filed under Advice, Feature, French Investments, French Property

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Looking for a bargain property in France?

Property prices have risen steadily across France for the last few years so bargain hunting has become more difficult. There are still bargains around in rural regions of France. If you can find a “motivated seller” then a bargain can often be discovered. So looking for reduced price property is a good starting point.

We have started a new section on www.1st-for-French-Property.co.uk called Price Reductions. Primarily designed for French Estate Agents to add property details where the property price has been reduced!

Of course, the vendor is looking for a sale - so do NOT be afraid to negotiate further! Often a reduced price is indicative of a motivated seller. Always a good sign especially if you are in a position to buy. In other words your property is already sold / cash buyer / or mortgage arranged! Always use a Notaire for the property purchase - do not be misled to release money to a private seller who does not want to use a Notaire.

Currently 125 properties in the “Reduced Price” category - some with over 100,000 euros reductions. For more details: French Reductions

Needless to say do check why the property has been reduced. In many cases, the vendor wants a quick sale but there maybe a more serious reason. Although it is unusual in France for a survey, it is common to ask a local builder to give you quote to renovate!

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