Find your New Build



 
Why buy with us?
  • Registered estate agent under French law with prior experience in property development
  • Regular on-site visits
  • A one-stop-service based in France: no need to ‘hand you over’ to someone else
  • Focus on South of France and in-depth local knowledge
  • Bilingual independent and free purchasing help and after sales service
  • Based in South of France where you plan to buy
  • Careful selection of property portfolio thanks to former experience in development
  • Specialist in new build French property with insider knowledge
 
advantages
of new  build
  • Guaranteed quality : lower energy costs
  • Financial advantages : no estate agent fee
  • Financial advantages : refundable deposit
  • A personalised home in a wide choice of properties : an extensive choice of property style, type and size
  • Peace of mind : a ready-to-move-in property
  • Guaranteed quality : easier to let property
  • Guaranteed quality : latest building regulations
  • Peace of mind : secure and regulated buying procedure
  • Financial advantages : no uncertain & extra costs of renovation
  • Financial advantages : lower notary fees
  • Financial advantages : better resale & letting potential
  • Guaranteed quality : modern comfort and safety in well-designed home
  • Financial advantages : reduced land taxes
  • Peace of mind : financial guarantee of completion
  • Peace of mind : no renovation hassle
  • Financial advantages : low maintenance and running costs
  • Financial advantages : stage payments
  • A personalised home in a wide choice of properties
 
 

Protection of landlord against non-payment

Once again, in renting short term or for a season you are far less exposed to that risk than in unfurnished letting for long term. Still you can apply some of the ‘recipes’ generally used for long term tenancy.

  • To cover up any damage and/or risk of non-payment of rent it is common practice to ask for a deposit (‘dépôt de garantie’ in French) which is refundable at the end of the tenancy. There are no rules on the maximum amount for this deposit regarding furnished lettings but for unfurnished lettings a landlord is not allowed to ask more than one month rent, so you can follow the same rule. On top of the deposit you can take up an insurance policy called “assurance loyers impayés”. They can cover up to 18 to 36 months of non-payment, depending on the policy. The costs is between 3 to 5% of the rent and is tax deductible. This type of insurance is not easy to obtain: the rent mustn’t exceed 33% of the tenants’ gross income and might be hard to get for foreign tenants.
  • For rental higher than 33% of the tenant’s income a new government backed scheme exist since January 2007. It is called ‘Garantie des Risques Locatifs” and the rental is guaranteed for a maximum of 24 months with a damage guarantee of up to 7,700 € and a cover for legal proceedings. The cost of this insurance is 2,5% at most and is tax deductible. The maximum a landlord can charge is 2,300 € (+charges) per month or no more than 50% of the tenant’s income.

To obtain the insurance the tenant must apply to the government agency managing this scheme. It can be easily done via their website on www.grlgestion.fr. If the tenant is entitled to the ‘Pass-GRL’ then the landlord can apply for one of the insurance policy participating in the scheme. An incentive to your prospective tenant to this ‘electronic paperwork’ is that they can also benefit from the rental deposit under this scheme; it is called ‘Locapass’. The prospective tenants are also entitled to join this scheme provided they have been tenants for at least 6 months without payment delays. This scheme applies only if the tenant is tax resident in France, and if your property is their main home.

  • The last way of protection against non payment of rent is to get a personal guarantor (‘caution’ in French) but it might be difficult for foreign tenants to find a French personal guarantor.