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What could we possibly say about the delights of Paris that everyone from travel agents to history’s finest novelists hasn’t already said before? There’s little to add, really. So let’s just keep it simple: it’s a beautiful city. It’s also one of the most popular tourist destinations in the world, with some people estimating that there are times in the year where the city is filled with more tourists than citizens!
So it shouldn’t come as any surprise that Paris is a fine place to buy and sell real estate. But you really shouldn’t get into such a game unprepared. A lot of people attempt to get into Parisian real estate – from the delightful properties in Champs-Élysées and Montmartre to the flashy apartments in the arrondissements – without being properly prepared.
Here are ten useful tips on selling real estate in Paris.
If you really want to ensure success in this field, then you should really be considering a trial stay in Paris. Too many ‘savvy investors’ feel that they can win at lucrative Parisian real estate without ever really getting a feel for the country. Want the best chance of success when it comes to buying and selling real estate in France’s capital? Then you should consider a short stay in order to get a feel of the vibe, the architecture, the streets. You’ll become accustomed to what exactly people will want when living in the city, either short term or long term, because you’ll have direct experience with it!
There are so many amazing attractions in Paris. The closer you are to these attractions, the more your property is going to be worth and the easier it will be to find people who will either buy it or rent it. Here are just a few of the attractions you should consider:
- The Eiffel Tower
- The Paris city centre
A vacation for tourists simply isn’t complete without a visit to these places. So if you’ve found the perfect place families close to the Eiffel Tower or got a place you discovered near Disneyland, then it’s very likely you’ve hit on a goldmine.
The safer that people feel at a particular location – whether they’re a solo traveler, a journeying couple, or even an entire family – the more likely it will be that they will settle at a given place. This is extremely important to consider in the world of Parisian real estate. Whether you’re buying property to let for short term vacations or long term residence, or getting a place that you’re looking to sell in the future, you need to consider safety and beauty. These suburbs, streets, and areas are great locations:
- 5th arrondissement
- 7th arrondissement
- 16th arrondissement
- Le Marais
- St Germain
It’s recommended that you buy an apartment in Paris with parking. Anyone who has ever visited Paris will know the importance of such a consideration. There are cars everywhere, and trying to find parking in the city can be a bit of a cauchemar! If you’re from the likes of London or New York City, then you know precisely what we’re talking about here. So finding a place that has its own parking is essential if you want an apartment that will get you a high price from those who are looking for a long term stay in France. A holiday accommodation apartment in Paris, provided it’s being used for just that, probably won’t need a parking spot quite as much, so an investment in a parking spot may end up wasting you money in the long term. But those who want to be smart and attract savvy real estate buyers to their property should definitely consider the importance of an apartment in Paris with parking.
You need to think very carefully about the uses of the property that people who visit Paris are going to want. A lot of people will want to vacation in France with a holiday near the Eiffel Tower; in which case, the focus should be on an apartment for short stay with a view of the Eiffel Tower. You may want to focus on an apartment to to buy for students who are going to St Germain for a short term visit, hence you’ll need to make sure the price isn’t out of the range of an average student. Here’s a quick list of the kind of people you should be thinking about:
- Students in Paris for short term study; can be small, should be affordable
- Young people in Paris for a short term vacation (they love apartments with a balcony)
- Business people in Paris on business, either short term or long term
- Retired people looking for comfortable long term apartments
- Families looking to relocate, requiring spacious long term properties
- Families on vacation, requiring something short term but still large
Even if you’ve been around Paris for a while – and even if you’re present during the acquisition of your property or the sale of it – you should work with local experts. There are so many barriers and special considerations you need to think about; it’s best that you work with people who are experts at this sort of thing. Those looking for short term and long term apartment rentals in Paris are encouraged to contact us. You can reach us via:
Our website (www.glamourapartments.com)
Via email (email@example.com)
At our address (29 Rue de Lübeck 75116, Paris, France)
When people think of Paris, they tend to think of luxury. Beauty. They think of the beautiful, luxurious areas of Le Marais, Champs-Élysées, St Germain, Montmartre. There are vibes of extravagance and affluence in these areas; they don’t want a property that doesn’t fit in with this luxurious image. So it’s absolutely vital that you ensure the short term or long term apartment is properly looked after. If it isn’t up to scratch, then neither investors nor vacation goers are going to be all that interested. It’s true that people who are only looking for a short term stay may not care that much; they’re here on vacation, and so will probably spend the bulk of their time outside. But people who want long term apartments in Paris are going to spend a lot of time indoors; they may raise families there or have guests round. So make sure the apartment is properly cleaned and maintained!
Time to get out your calculator. There are a lot of fees you have to consider when it comes to investing in real estate in Paris. You don’t only have to consider the costs of buying the apartment in the first place. You have to consider listing fees and other agency fees. You especially need to think about taxes, especially capital gains tax when it comes to actually selling the property. Around 19% capital gains tax is imposed on those who sell a property in Paris; this goes for both Parisian residents and overseas investors. However, you need to make sure you research this carefully, as there could be regional variations, or the percentage may have changed by the time you’ve seen this article! Make sure you calculate these things carefully.
The property shouldn’t just look and feel beautiful. It also has to be as safe as possible. Both short term and long term stays need to be safe, and that’s why there are a bunch of standards imposed on landlords when it comes to Parisian real estate. Whatever your feelings on such regulations, there’s simply no getting around them if you want to sell or let apartments in Paris. Here are some of the most important things you need to consider to ensure the sale or letting of your Paris apartment is safe and legal:
- Make sure there’s no asbestos
- No presence of lead
- Termites are a no-no
- The electricity installation has to be to high safety standards
- The natural gas installation must be similarly safe
- An assessment of insulation and emissions must meet energy standards
- Other environmental risks such as broken floors or roofs must be fixed
Use a short term stay and really get to know the place. (This doesn’t mean you have to learn French… although it will certainly help!) Get to know your way around the arrondissements. Take a trip to St Germain or Le Marais. See what both the citizens and the tourists get up to. In this way, you’ll get to know what exactly people want from these properties. And, as we highlighted earlier, knowing why people want them is essential to success.
With this tips, your journey into real estate in Paris is bound to be a success.
As well as getting rid of any clutter in your home, you should be taking further steps to add depth to the rooms in your home. Anything that can be done to accentuate the depth of the rooms should be done. When you have more space available, and it looks even more spacious than it actually is in reality, you will attract more people. That inevitably leads to more bids and a possible bidding war. That’s when you can really start to see the expected sale price to rise and rise.
This might sound like a pretty drastic step to take when you’re in the process of trying to sell your home. However, if you want to make your home worth as much as possible, you need to make the spaces open and expansive, rather than cramped and shut off. If there are too many non-load bearing walls in your home, it could be a good idea to knock some of them down. If they are serving no positive function at all in your home, then why should they stick around any longer? People like open plans and wide spaces in homes these days.
As you can see, there are so many fantastic ways to improve your home and improve its sale price at the same time. Everyone wants to get as much money as possible for their home when the time comes to sell it, so don’t hesitate to make the most of this advice.
You once decided to buy an apartment in Paris that you fell in love with. Perhaps you purchased it a couple of years ago, or maybe you’ve owned it for decades. It could have been your home since then, or perhaps a holiday apartment. Maybe you even rented it out to Paris residents or to holidaymakers for short-term accommodation. However, you have decided that it’s now time for you to sell your apartment. Whether you’re moving elsewhere, upgrading to another property or simply cashing in on an asset, you need to make sure you go through the right process to sell your apartment. You need to follow the rules, and you want to try and make a profit on your purchase too.
As anyone who has bought property in France will know, there can be a lot of bureaucracy to get through. When it’s time to sell, you can have the same, but you’ll be a little more experienced and knowledgeable. If you want to make the most of the selling process and sell your Paris apartment for the right price, follow these tips.
1. Understand the Legalities and Selling Process
Whenever you sell or buy in France, you have to make sure you know the regulations and the processes you have to follow. There are strict rules on the things you need to do to make the sale of your Paris apartment legal. For example, an estate agent needs to have a “Mandat de Vente” to market your property. Although there are several types, the most common one that estate agents use is the “mandat de vente sans exclusivité”. You can also use one of these to market the property yourself. Here is some important information about this document:
- It includes a description of the property and any land included
- The property owner needs to sign two copies for their estate agent – one for the agent to file, and one to keep
- It’s possible to cancel the Mandat de Vente if you change your mind about selling
Another important legality before you sell your property is the pre-sale tests. You have to have your apartment tested to determine its energy performance, insulation and anything that could affect the cost of heating. The test is called “Diagnostique de Performance Energétique” (DPE). There’s also the “Dossier Diagnostic Technique”, which tests for potential dangers in the property. These include:
- Lead and asbestos presence
- Gas and electric issues
- Risk of flooding and other natural problems
- Smoke alarms
There are certain things you are required to declare when you sell your property. These include any defects and, when you sell an apartment, the total surface area of the property. You also need to say if there are any interests in the property, such as a tenancy. When it’s time to sell your property, a notaire will help you deal with two important documents. The Compromis de Vente and the Acte de Vente must be signed at the notaire’s office, usually a few months apart.
2. Do Important Repairs
Before you put your Paris apartment on the market, it’s important to do any important repairs that might be necessary. Even if you’ve only owned your apartment for a short while, it can be easy for wear and tear to make its mark on the property. Perhaps you have been renting out your apartment for short stay with a view of the Eiffel Tower, and people are constantly coming in and out. This can mean that you’re left with minor aesthetic damage, or there could even be bigger problems to deal with. If you have any repairs to do, it’s best to take care of at least the most pressing ones. Otherwise, any potential buyers might decide to take more off their offering price than you would like.
Some important repairs to think about include:
- Structural repairs
- Electrical repairs
- Dealing with potential pest problems
3. Find the Right Estate Agent
You can decide to sell your Paris apartment privately. However, many people choose to use an estate agent to make the process easier. The estate agent can market their property in a number of different places, as well as handle the paperwork. Choosing the right estate agent in Paris, whether your apartment overlooks the Champs Elysées or is in Montmartre, doesn’t need to be difficult. If you want an estate agent that speaks English, you can find a few different options. There are services designed to help expats and foreign investors who might not have the level of French needed to negotiate a property sale. However, if you do decide to use a French-speaking agent, you can hire a translator.
The potential things you might look for in an estate agent in Paris include:
- Location – if you’re selling in the 6th arrondissement, you probably don’t want an estate agent specialising in the 16th arrondissement
- Language – having an estate agent who speaks your language is very useful
- Marketing channels – where and how will the estate agent market your property?
- Services available – which services will the estate agent carry out for you?
- Legalities – does the estate agent follow the law for selling property in Paris?
4. Marketing Your Property in Different Places
Whether you use an estate agent or decide to sell your Paris apartment privately, you need to think about the best places to market it. Before you put your property on the market, you should think about who might want to buy your property and for what reasons. For example, if you have a city centre property in Paris centre, is it more likely to be purchased by a family or by a single business person or couple? Are you looking for foreign buyers who will be moving to France long term or could your potential buyer be looking to buy for students? Some buyers will be buying property to let, while others will want to live in the property they buy. These are factors to take into account when you think about where you or your estate agent can market your property.
An estate agent can market your property through a number of potential channels. These might include:
- Online, through their own website and other listings sites
- At property exhibitions – estate agents that attend these exhibitions take their listings with them to show prospective buyers
- In the press – your property could get noticed in both print and online publications if your estate agent has the right connections
- International property marketing channels – as well as listing on local sites and media, international portals are also useful
5. Choose the Best Time to Sell
When you sell a property, whether it’s in Paris, somewhere else in France or in another country, choosing the best time to sell can make a difference. This can matter in terms of what year you decide to sell up, as well as the season you choose to put your house on the market. If you want to make a bigger profit on your property, you might be better off waiting until the housing market looks healthier. On the other hand, the market might already be doing well, and it could be the perfect time to list your Paris apartment. In terms of seasons, choosing the right one could make for a quicker sale. For example, perhaps you want to show off how good your apartment looks in the summer.
6. Get Everything Clean and Tidy
To advertise your Paris apartment, you need to have quality photos. You might already have some if you’ve been advertising it as TripAdvisor or Booking.com holiday accommodation. But if you haven’t, you might not have any good photos. The first step to getting some is to have a clean and tidy apartment, which is also essential for when you have viewings. In addition to performing any repairs, you can do some minor work to take care of less serious things. Maybe there’s a little chip in the paint on one wall, or you can polish all your door handles. Make everything look neat and tidy at the very least.
7. Stage Your Home
Not everyone decides to stage their home when they sell it, but it can be a great technique. You can spend time making everything look great, and perhaps even borrow or hire furniture to get it all looking perfect. It’s a great thing to do before you take photos too, so that you can market your property well. If you’re trying to sell a chic Paris apartment close to the Eiffel Tower or in St Germain, you should put some effort into attracting the right people.
8. Promote What’s Best About Your Property
If you have an estate agent managing your property sale, it’s their job to show buyers why they should choose your apartment. But you can also play a part in promoting the best parts about your apartment. Whether you talk to your estate agent and any viewers they bring to your home, or you market your Paris apartment privately, you should know what the attractive parts of your property are. They could include:
- Location: does it offer somewhere cheap near the Champs Elysées?
- Benefits of the building: is there a pool, gym or other facilities in the complex?
- Potential rental income: how much could someone earn renting the property to Paris residents or for vacations for tourists?
There’s a lot to think about if you want to sell your apartment in Paris. Choose the best channels to sell to make it easier to complete the process.
If you own property in Paris and want to sell it, this guide is for you. Below, we’ve listed 15 of the most useful tips on selling real estate in the French capital city:
Preparing Your Property
A big part of selling your property in Paris revolves around getting it ready. There are certain things you need to do to ensure you’ve prepared it properly. Here are our tips regarding this:
1. Complete 8 Diagnostic Examinations
By law, if you’re selling a property in Paris, you need to complete these 8 diagnostic examinations:
- Precise measurements of the surface area in your property
- Asbestos presence
- Lead presence
- Termites test
- Electricity installation test and examination of condition
- Gas installation test and examination of condition
- Insulation quality test and grading of energy emissions
- Risk assessment
2. Provide Results Of These To Anyone Interested In Your Property
Once you’ve done all the diagnostic examinations, you need to collect the results and have them ready in case anyone is interested in your property. You’re required to show them to prospective buyers, so they know the state of your home.
3. Estimate Cost Of Any Work
After going through the diagnostics, you may find your property requires significant work done. In which case, now’s the time to go through any repairs and estimate how much they cost. Once this has been done, you can weigh up whether or not you should pay for them yourself or knock money off your asking price so the buyer can do them when they move in. It’s well worth getting more than one estimate to get a more accurate picture of how much it all costs.
4. Make Your Property Visually Appealing
Finally, when preparing your property for sale, you need to make it visually appealing. We suggest you take into account the type of property you’re selling. Is it:
- Holiday accommodation in Paris
- Student accommodation
- A family home
- A short/long stay apartment
Each type requires you to present your home in a certain way. For example, you need to present a family home in Paris to look very welcoming and warming. Perhaps emphasise typical Parisian interior design if you want to grab the attention of prospective buyers too.
5. There’s No MLS in Paris
When most people look to list their property, they seek out a multiple listing service (MLS) which lets them list on different sites all at once. This makes things easier, but there isn’t one in Paris. If you buy an apartment in Paris and want to sell it, you can’t just hop online and find a service that advertises your apartment on multiple places at the same time
6. Don’t List With Multiple Agents
Bearing the first point in mind, if you want to get as much exposure as possible, you might think that listing with multiple agents is the best approach. However, it may get you a lot of exposure, but it won’t help you sell your home for the best price. Agents will compete and convince you to accept lower offers just to finalise the sale before any of your other agents. Don’t get sucked into this, list with one agent that know Paris like the back of their hand instead.
7. Find Agents Relevant To Your Property
The beauty of Parisian real estate is that there are so many different types of property you can buy and sell, there are:
- Houses to buy for students
- Apartments in Paris for short stays
- Homes for a holiday near the Eiffel Tower
- Properties to buy for long-term
The list goes on and on, but this just showcases the variety. So, if you want success, you need to find agents relevant to the property you’re selling. If you’re selling student accommodation, you need an estate agent that specialises in listing student properties. Once you’ve got a handful of potential agents at your disposal, you need to narrow it down to the best one.
8. Understand The True Value Of Your Property
In Paris, property prices vary depending on where your property is located. If you’re selling in the 1st or 2nd arrondissement, you’re going to have a home that’s very expensive and worth a lot of money. But, as you move out to the 5th arrondissement, 6th arrondissement, and 7th arrondissement, you get lower prices, which makes selling a lot easier.
Go out even further towards the 16th arrondissement and the market changes again. The outskirts are more family friendly, which bumps the price up a bit. For example, places like the suburbs in Marais for families have high house prices. So, bear in mind the location of your Parisian property if you want to find its true value.
9. Understand Current Currency Rates
If you’re selling real estate in Paris and you’re not local, you need to know about the current currency rates. While you may notice your property has a good selling price in Euros, this may not translate to a great price in your home currency. So, don’t be afraid to wait if the exchange rate is poor at the time you’re thinking about selling. By waiting until it’s more in your favour, you can make more money when you sell your home and convert the cash back to your currency.
10. Highlight Your USP
Selling real estate in Paris can be made a lot easier when you list your property and highlight its USP’s. Most notably, is your property near any of the following:
- Paris Center
- Eiffel Tower
- St Germain
If so, these are desirable places for people to purchases houses or properties for vacations in Paris. A lot of people are also looking to buy an apartment in Paris with parking, or for something for sale with a view of the Eiffel Tower with a balcony. Think about what makes your property special, and use it to your advantage when listing.
11. Selling Process Is Split Into Two Stages
When selling a property in Paris, there’s a two-stage process you have to go through if someone expresses an interest:
- Stage 1: Preliminary contract prepared by a notaire or estate agent
- Stage 2: ‘acte de vente’ the formal deed of sale
12. Acte De Vente Is Signed A Few Months After The Preliminary
Once the preliminary contract has been signed, there tends to be a gap of around two to three months until the formal deed of sale is signed and concluded. Throughout this period, the buyer is putting everything together to ensure they have the funds ready to buy the property and want to go through with it.
13. The Buyer Has A Week To Withdraw
After signing the preliminary contract, the buyer has a week to withdraw from the purchase without suffering any penalty fees or having to pay any money. As the seller, you enter a legal obligation to sell the property and can’t pull out at this stage. Essentially, you have to be 100% certain you’re happy with the buyer and the decision to sell when you sign the preliminary contract. If you aren’t, don’t sign it!
14. The Acte De Vente Is The End Of The Sale
As soon as the acte de vente has been signed by both parties, everything is over. The buyer pays you all the money you asked for, along with any tax and additional fees. You then give them the keys and the property is now theirs. So, you walk away with a lot of money, and they have a nice house or apartment in Paris. If everything runs smoothly, the whole process should only take three months maximum.
15. Request A Simulation de Finance
We have a bonus tip for you here regarding the selling process. If you find a buyer that needs to apply for financing to purchase your property, you can request a Simulation de Finance. This is simply a formal document that proves the buyer is actually applying for finance and that their bank has approved them. The reason you should do this is because you need to know if a buyer can actually afford your home or you’re wasting your time.
Put all of these tips together, and you’ll know everything there is to know about selling real estate in Paris. Due to all the different neighbourhoods, the landmarks, and the current economic climate, this city is a great place to invest in and sell your property for a profit. Follow all of this advice if you want your sale to go smoothly from start to finish, with no bumps in the road at all.
Selling a property anywhere can involve a lot of work. Whether it’s your home or an investment property, it takes time and money to find someone to buy it from you. When you decide to sell your property in Paris, whether it’s a small apartment near Disneyland or holiday accommodation on the Champs Elysees, you need to be familiar with the best practices for selling in the French capital. There are some general rules for selling property to pay attention to, as well as some French and Parisian particulars which are important for a successful sale. Follow these practices if you want a less painful way to sell your property in Paris.
1. Know What Selling in France Involves
If you’re getting ready to sell a property in Paris, you need to understand the sales process in France. You have likely already approached this from the perspective of a buyer unless you inherited or were gifted your Parisian property. This can make you familiar with the process but some things can change, and it is different when you’re selling instead of buying. When you’ve found a buyer, either a promesse de vente is prepared by a notaire, or an estate agent or private parties arrange a compromis de vente. These are initial contracts that formalize the sale.
The seller must sell immediately on the signing of the contract, while the buyer gets a 7-day period, during which they can change their mind without financial consequences. For this reason, it’s essential that you’re sure you want to sell.
The final sale occurs when an acte de vente is signed, usually a couple of months after the initial contract. A notaire is needed to supervise this. The buyer pays the price of the property, plus any related fees and taxes and the ownership of the property changes hands.
2. Understand the Fees Involved
Understanding any of the fees involved in selling your property in Paris is important. If you use an estate agent to help you sell, their fees are likely to come out of the proceeds of the sale. It’s usually expressed as a percentage of the final amount you receive for the property, often around 5%. It is also possible to separate the cost of the property and the agency fees in the sales contract. This means the buyer will pay the net price of the property and the agency fees separately instead.
3. Know About Capital Gains Tax
Capital gains tax is important to take into account if the property you are selling is not your main residence. If it’s your home, there will be no tax to pay. However, if it is a secondary property, you need to be prepared to pay capital gains tax. The amount you pay is influenced by your residence for tax and financial purposes, as well as how long you owned the property. 19% is the current base rate, no matter where you are legally resident. If you have owned the property for more than five years, you pay less. Here’s how it works:
- Less than 6 years: 19% base rate capital gains tax
- 6-21 years: 6% per year
- 22nd year: 4%
4. Choose the Best Estate Agent, Not All the Agents
In France, there is no multiple listing service. This leads to many sellers listing their property with a number of estate agents to try and advertise it more and get the best sale. However, this can mean that the agents are competing with each other and their top interest is to sell as quickly as they can and beat the others. If you want to get the best price for your property, choosing just one agency that can give you all you need is the best thing to do. Pick the right estate agency, and they can get your property the exposure you need to find the right buyer.
5. Prepare Your Property for Sale
There are some legal requirements you need to follow if you want to get your property ready to sell. This is to prove that the property is safe and show its condition. You should get these checks done before listing your property for convenience. These are the things that the seller is required to carry out:
- Checking for lead, asbestos, and termites
- Measuring the exact area of the property (loi carrez)
- Checking electricity and gas systems
- Energy-efficiency check – must be shown in the property listing
- Check for any natural or environmental risks
Of course, as well as the legal obligations you have, you might want to prepare your property in other ways. The condition your property is in now might not be the best condition for you to sell it. You could do some things to make it more presentable, whether it’s making minor touch-ups and repairs, or redecorating to make everything more neutral.
6. Know Your Area of Paris and the Market
Being familiar with the area of Paris in which you’re selling is always a good idea. If you’ve lived in the property, you’re probably familiar with it from the perspective of a resident or at least someone who comes for a short stay now and then. You also probably researched the area when you were looking to buy an apartment in Paris, so you should know a little about it. However, it’s also a good idea to be familiar with the housing market and its current situation. Some of the most popular areas for people to buy property in Paris include:
- 7th arrondissement
- 5th arrondissement
- 16th arrondissement
- St Germain
- 6th arrondissement
Knowing the appeal of the neighborhood where your property is situated will help you find the best estate agent to help you sell it. It will also help you work out what sort of price you could get for your property, especially if you look at current properties that are on the market. You might think you know what your property is worth, but you need to know what the market is like to get a better idea. Plus, if you know what sort of people could be looking to buy in the area, it might help you set up the property to appeal to them more. Some neighborhoods are the best places to buy for students, some are great for those who want to live in France long-term, while others are better for people who want to buy property to let.
7. Be Up-to-date on Currency Exchange Rates
If you live outside of France, you might be converting the proceeds of your property sale to a different currency. If this is the case, it’s important to be aware of exchange rates, especially if you intend to exchange a large amount of money at once. One of the easiest ways to do this is to use a currency exchange calculator to work out how much you’re going to get for your euros. You might use your bank to make an exchange, but there are also specialist money exchange services that you might find more helpful and perhaps cheaper. Remember that the exchange rate could change a lot between the start and end of the sales process too, so be careful.
8. Give Your Agent as Much Information as Possible
Your estate agent wants to do their best with your property and make a good sale. If you make sure you provide them with as much relevant information as possible, they can get to work on what they need to do sooner. You can give them information like:
- Title deeds
- Floor plans
- Running costs
9. Leave the Agent to Do Showings
When people visit the property to view it, try your best to get out of the way. Even if you’re just going to sit in a cafe for ten minutes or go for a walk, it’s best to let them get on with it. It can be off-putting to potential buyers if the current owner is hanging around or even following them around the property. The agent can answer any questions, so there shouldn’t be a need for you to be there. Make sure the agent has keys to access the property, but also that they give you fair warning if they book a viewing.
10. Wait to Buy Your Next Property
If you intend to buy a new property on the sale of your current one, don’t be in too much of a rush. There’s always a chance the sale could fall through until it has been completely finalized, especially if your buyer is relying on a mortgage. Wait until their bank has approved the purchase and you have the money you need before you buy another property. French banks will often change their mind even after verbally approving a purchase, so it’s best to be patient.
If you want some more advice on selling your property in Paris, you can get in touch with us. We can also talk to you about buying or renting our your property in Paris. Contact us
+33 9 66 97 17 84
+33 6 98 76 57 75
+33 6 65 76 49 15
29 Rue de Lübeck
75116 Paris, France
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