Seven Property Pitfalls to Avoid
Originally posted on & updated on 29th October, 2024
Is moving to France a good idea? We certainly think it is, not just for the weather, the fabulous food, amazing wines, rich culture and history, superb healthcare or for a renovation project with land and outbuildings in the countryside.
As well as providing endless opportunities for travel, sports and fun, France is great for kids. HSBC’s Expat Explorer Survey 2018 found that 64% of expats said their children’s health and wellbeing was better in France, as well as their education, and of understandably, linguistic and social skills. Having moved to France (Pyrénées) at the tender age of seven myself with a younger brother and sister, we fully appreciate the benefits of these lifestyle changes for all, kids and grown-ups.
Have you been exploring the idea of a permanent move for a while, a few months, perhaps years because of the weather, teenagers or waiting for retirement age, possibly all of these. Are you in the process of planning your French escape and secure that special place for the family and your loved-ones?
This all sounds like an exciting adventure doesn’t it, but are there any pitfalls along the way? Here’s our seven top tips to avoid them, to help you make a successful and hassle free purchase. Get a head start and start planning :
- Investigate tax, succession and inheritance
- Be smart, learn how to save on currency
- Work with a qualified English speak agent
- For properties with land, learn about SAFER
- Be realistic about renovation costs and timeframes
- Budget for taxes and learn about living in France
- Research French insurance, it’s a legal requirement
To learn more, read our property buying guide, register to share your criteria or simply ask us.
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