France - Devouring the flavours of France

Article Date: 2007-11-26

The French are known for their lavishly long and exquisite meals, their endless conversations regarding food and their pure enjoyment of life without the attachment of guilt. Champagne is a mere daily supplement and is utilized for celebrations throughout the day.

With the beauty of the Eifel Tower and the ravines and rivers that encompass the country it is a tourist destination and a landmark for all. In addition, the roads are a joy to drive on and the weather is better than the UK! So it's no surprise that buying a property in France is a popular affair.

Before buying property in France, be aware of the very specific inheritance laws as on your death your property is divided equally between your spouse and your surviving children. Tax consumes between 8-10% in taxes and fees. If you buy an old apartment, you will only pay 3-5% or even less.

If you are able to pay cash for your new home, you will not need a mortgage, and you may be able to reach various properties in France. However, if you need a mortgage, things become a little trickier. A French bank will issue a mortgage to expats as long as you can account for and show regular income. By French law the total of all mortgage payments worldwide cannot be more than 30% of your total income. In addition, mortgage insurance is needed as well as a physical examination at the bank's expense.

Needless to say, once you have bought your new villa, put up your feet on the sofa and clinked your champagne glass in the chateau of your choice, life may seem a lot more refined!

Written by Janine B © Asset-Property.com

For Sale - Les Balcons De Recoin, Chamrousse Phase II

France - Rhone-Alpes
Flat/Apartment,Ski,New Build

A popular development and an up and coming ski resort-these two 4 and 5 story buidings are in a development that
houses 2 phases, the first is already sold out and this new release of the second phase will be of popular demand with property
investors who are looking for lease back apartments.
Les Balcons De Recoin offers a lease back that is gaurenteed.

Asking Price From 120,288.00 (EUR)

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France - Provence-Cote d'Azur
Flat/Apartment,Village House,New Build

Sea view properties in the Cote dAzur! These exceptional quality leaseback properties offer extensive usage with an outstanding management company!

Asking Price From 162,065.00 (EUR)