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French Buyers' Info
- Switzerland
- France
- Austria
Property Types in France
Property Restrictions for Foreigners
Purchase Process and Costs
Advantages of Buying a Newbuild Property
Buying Off-Plan
VAT Rebate for Rented Properties
Mortgages
Buying in the Name of a Company
Rental Income and Running Costs
Investment and Selling
Annual Property Taxes
Staying in France and French Residency
What are the advantages of a buying a newbuild property in France?
Financial benefits:
In addition, there are a number of other advantages:
- 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
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
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