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Buying at Auction

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View property for sale at auction in France

1. Introduction to Property Auctions in France

The sale of properties through auction is not a widespread practice in France, accounting for less than 2% of all sales.

Neither is the process commercialised in the same way as it is in the UK, as estate agents and auction houses are not permitted to sell real estate in this manner.

Whilst bargains can be found, buyers have fewer rights available than through a private sale.

Nevertheless, auctions can provide interesting property investment opportunities for those who have the time and courage to participate, so cannot be entirely disregarded.

Next: Types of Auctions

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