Buying Off-Plan Property in France
Tuesday 20 February 2007
Off-plan properties are normally located within a city-centre, near the coast or in a skiing resort.
It is not unusual amongst the French to buy off-plan, either for own occupation, or for letting as an investment project.
Although there are always risks with buying anything you cannot see, there is a good level of consumer protection offered to those buying off-plan in France and, most of the time, things proceed satisfactorily.
If you select carefully, there is also often the possibility of realising an attractive capital gain on the property, as prices on the whole development generally move upwards with the progress of building works.
Nevertheless, as with any business transaction, you need to have your wits about you and act with caution. Whilst there may well be a robust framework of consumer rights, the law has its limits, and you can trip up badly if you do not take a commercial approach to the project.
You can learn more in our guide to Buying Off Plan Property in France.
Thank you for showing an interest in our News section.
Our News section is no longer being published although our catalogue of articles remains in place.
If you found our News useful, please have a look at France Insider, our subscription based News service with in-depth analysis, or our authoritative Guides to France.
If you require advice and assistance with the purchase of French property and moving to France, then take a look at the France Insider Property Clinic.
