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French Buyers' Info

  • France
  • Switzerland
  • Austria

Property Restrictions for Foreigners

Advantages of Buying a Newbuild Property

What are the advantages of a buying a newbuild property?

Financial benefits:
  • You have the option to save the 20% TVA (French VAT) if you decide to rent the property
  • You pay only 2.5% purchase costs (compared to 8% for a resale)
  • You don’t pay the Taxe Foncière for the first 2 years
The total saving can be 30%.

In addition, there are a number of other advantages:
  • Consumer laws are good in France so you will get a 10 year guarantee
  • You will have low maintenance costs in the early years
  • New build are much more energy efficient than older properties so your running costs will be less.
  • You can choose the style and finish of your property