Archive for the ‘Money’ Category

French property prices continue to rise whilst Capital Gains tax laws are changed….

The latest report from the FNAIM shows house prices rising for the 5th consecutive quarter. The report covers the second quarter of 2011 (April – June) and is available on www.fnaim.fr. Prices of properties sold by FNAIM members saw an average rise of 3.3% over the previous quarter with a strong rise (4.3%) in properties [...]

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Work, play and sound property investments in the Three Valleys, France

At Leggett, our buyers come to us for all sorts of reasons and often their aspirations are a mix of the personal and professional. People often say that one should never mix business with pleasure, but when it comes to buying a second home in France, it is possible to pull it off. Here we [...]

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The True Value of Property

One way to measure the value of a property is its ability to stand the test of time – after all a French property is a long term investment.  This falls into four broad categories. Value of Shelter – Basically, what does it offer in the number of bedrooms, bathrooms and levels of comfort.  Levels [...]

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No more VAT on self-builds and renovations in France!

Non-professional private individuals who are not registered for TVA will no longer be subject to TVA  @ 19.6%  (French equivalent of VAT in UK taxed @ 17.5%) when they sell a property which they have extensively renovated themselves (i.e. more than 70% of the construction is new), or transformed a barn into a home changing its designation [...]

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Avoiding Five Common Property Scams

To minimise the risk of any sort of property scam, we would suggest that you use a reputable estate agent.  In France, membership of the FNAIM is a good indicator as it has a strict code of professional ethics.  Below are five of the more common property scams. One of the more common real estate [...]

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