Apartments for sale in Paris, Paris Real estate listings from Beaman and Jones Consulting Central Property Listings Paris  
| | | | | | | | Saturday 27 May 2017


Is your search service really free?
How are the fees structured?
How much are additional services?
Do I need to speak French to buy a property in France?
Do I have to live in France to own a property there?
Can I get a French mortgage even though I work in the UK or USA?
How do I know that the property isn't scheduled for "redevelopment"?
How do I know if the property is structurally safe?
If I own an apartment, who pays for the maintenance of the building?
Do I have to pay taxes on the property?












Is your search service really free?

Our search service is completely free and you are under no obligation to accept our recommendations. It's all up to you. However you should ONLY sign up if you are serious about buying a property in France. We are not interested in idle speculators.

We charge a commission on each successful sale, with the commission agreement being part of the contract that you sign with us.

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How are the fees structured?

When considering your overall budget you need to remember that all property purchases in France go through a Notaire (lawyer) who will take a fee of up to 10% of the final purchase price. This amount is fixed by them and it is generally not possible for these fees to be included in any mortgage provided by a French bank.

Our fees for property purchase start at around 5 percent and fall on a sliding scale as the value of the property increases. A property of value €200 000, for example, would invoke a fee of around 4 percent. There is also an additional "bonus" component which is in proportion to the percentage reduction we manage to get for you through negotiation. This can be between 10 and 30% of the reduction depending on the property type and location. Normally we try to get you a deal in which the savings made through negotiation will cover the majority of our fees.

For the exact figures you will need to sign up with us so we can carry out a client profile analysis.

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How much are additional services?

The fee structure outlined above refers strictly to the service of registration, property search and final purchase. All other services including liaison with Property Rental Agents, Renovation Consulting and Contracting, Surveys, etc. will incur additional fees. Please contact us for details.

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Do I need to speak French to buy a property in France?

If you wanted to manage the process yourself, in general, yes. Most young people speak some English but on the whole the majority of the people we interface with do not have a functioning level English and negotiating with them is often very difficult. France is a proud country with long cultural and linguistic heritage... and in general, that's where they like to stay! Clients with Beaman & Jones don't need to speak any French as we do it all for them and can provide translations of any documents they are signing.

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Do I have to live in France to own a property there?

No. And with the borders of European countries practically all gone, it is as easy to own and manage a property in another member state as it would be to own a second home in either the town or countryside in the UK. And usually at a fraction of the cost.

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Can I get a French mortgage even though I work in the UK or USA?

Of course. The process is pretty similar throughout the world. You need to provide proof of identity, income (pay slips), copy of tax declaration forms, etc. France loves its paperwork, but we will be there to help and advise about what you need to do all the way.

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How do I know that the property isn't scheduled for "redevelopment"?

The Notaire carries out a check at the French Land Registry (CADASTRE) to make sure there are not projects planned that might drive a road through your living room.

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How do I know if the property is structurally safe?

Property in France is generally sold "as seen" and neither the Seller or the Buyer are required to have a survey performed. However we understand that many clients prefer to have an expert look over the property, and so if you require one we can set this up, although there is an additional charge for this service. Please contact us for details.

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If I own an apartment, who pays for the maintenance of the building?

As in the UK and the USA, owners of apartments pay a yearly fee to a Property Management Agency called a Syndicat which manages general maintenance. If any additional major work needs to be done, the owners of the apartments would normally be liable for the cost. However all syndicats are democratically controlled by the residents and there are regular meetings in which issues are discussed.

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Do I have to pay taxes on the property?

Normally, yes. There are two main taxes: Tax d'Habitation ("Council Tax"), which is payable by the tenant or resident and Tax Foncière ("Rates") which is payable by the owner. Rates vary and are dependent on many factors including property value and location, although in general they are less than current levels in the UK. In addition, taxes are liable on any profits made on a property if the property is sold within two years of purchase and the money not reinvested, for example, in further properties. This is subject to deductions due to costs of renovation and repair, so you should always keep any receipts.

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