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French property buying process

There are 3 different types of new build French property: residential developments, leaseback developments or custom-built villas. Each one has its own characteristics and its own buying process even if rather similar the one from the other.

Residential developments

You buy for your personal use, full time or not, or to let it, short term or long term. A development induces that several flats or houses are sold and built at the same time. Generally people living in a development use their property as main home whether they are tenants or owners.

Leaseback developments

You buy a property in a tourism residence and you lease it back to a management company that rents it for you to holidays makers. You receive a rental income and have some access to your property. Provided you keep your property for a minimum duration, the VAT will be refunded so you might benefit from a discount of up to 19.6%

Custom built French houses

You buy a building plot of your choice in the area of your choice and you have a bespoke new home built upon it by a builder.