Buying and Renting a House in France

(Last Update: 02.09.2024) Living in Paris, one of the most beautiful cities in the world, in Nice, the most beautiful coastal city of France, or in other beautiful corners of France is your dream, like many others, and even more than a dream, it is your life project that you will realize in a short time. it could be. Even if you don't think about living investing in real estate abroad  You may be searching for something like this. That's why I wrote in this article, "What are the things to consider when buying real estate or renting a house in France, especially in Paris and Nice, and how does the legal process work?” and most importantly “ in this whole complex process A reliable, Turkish-speaking real estate agent or real estate consultant from whom we can get professional support. is there?" I prepared this article where you can find answers to many questions such as. If you wish Buying a House in France, Renting a house ve Advice on Real Estate Investment Abroad Let's proceed in the form of questions and answers under three main headings:

1 – BUYING A HOUSE IN FRANCE:

Is it possible to buy a house or any property in France as a foreigner?
Of course its possible. As long as you have the money 🙂 Although it is theoretically possible to find and buy a house with your own means, both the foreign language problem and the differences and complexity of French laws Home Due to the activity of the real estate market in France, houses change hands very quickly. and accordingly Difficulty doing business remotely because of you will need a real estate agent or real estate consultant. Since the French see buying a house as an important project, An affordable house will be snatched up instantly. I should point out. That's why it's so important to get help from a professional who can help you from A to Z in an important decision like buying a house.

If you do not have a language problem, you can contact any real estate agent and ask them to help you. If you are looking for a reliable real estate agent that you can communicate with in Turkish There are names I will suggest to you. That's why In which city of France are you thinking of buying a house or investing in real estate? [email protected] from my e-mail address or on my contact page You can reach me via my social media accounts.. I will understand your expectations and do whatever is necessary to direct you to the right people accordingly.

Does owning a property or buying a house in France guarantee a residence permit?
In Paris (more precisely, in France) Owning a property does not mean that you will be guaranteed a residence permit, but it certainly provides an advantage in obtaining a residence permit. In addition to the property you have acquired, you must have other sources of income. If you have a residence permit in France or another EU country, there is no problem, but if you are a citizen of the Republic of Turkey, you can apply for long-term residence in France by first acquiring a property and then stating your income sources.

Which areas should we choose to buy a house in Paris?
The answer to this question is completely personal. First of all, you need to make a choice according to your budget and expectations.. After determining your budget, Is it for investment or for living? It is important that you want to buy a house. For investment, you can choose places in Paris with high development potential and good rental income. If you are buying a house to live in, you will naturally want it to be in a decent area.

"Where to Stay in ParisAs I mentioned in my article, although I like this part more since my life is spent on the west side of Paris, you can have a much more enjoyable life in different corners of Paris for different reasons. I am in the touristic center of Paris, 1-2-3-4-6-7-8-9-16 and 17. boroughI spend more time in 's. Even though the 5-14 and 15 arrondissements are beautiful, for some reason I don't go to those areas. As I go up to the north of the 10th arrondissement, I don't like it. The 11th and 12th arrondissement also have good and bad places, and I stay away from the 13th, 19th and 20th arrondissement - even though they have very nice places. only in the 18th arrondissement Montmartre Hill I like the part, the other parts don't suit me. But as I said, every arrondissement has its beautiful sides and its not-so-beautiful sides. Of course, while looking for a house in Paris, périphérique – peripheral Of course you don't have to look inside. Especially Grand Paris ProjectWith the implementation of , Paris began to undergo a major transformation. In a few years, a part of the region outside the periphery in Paris will also be called the center of Paris; This means that house prices there are slowly starting to rise 😉

For example, during my ten years in Paris Europe's largest financial center one Paris La Defense'.n Courbevoie I sat on the side; Those are very nice places, moreover Champs-ElyseesReaching by public transport takes only 15 minutes from door to door. I love this neighborhood so much now Every time I come to Paris In this house in Courbevoie I'm staying.

Likewise, nearby areas such as Puteaux, Saint Cloud and Rueil Malmaison are ideal places for family life. Especially if you have a good budget Le Vésinet – Le Pecq, Saint Germain en Laye, Maisons–Laffitte You can buy dream houses in places like; your life is like heaven It is possible. Of course, places to buy property in Paris are not limited to these. As I said, determine your budget and expectations, it is up to your real estate agent's expertise to find your ideal home 😉

What can be recommended for living in Nice?

Nicethe center of, especially Avenue Jean Medicin We can say that its surroundings are the most lively places. But the area around Nice Train Station is a bit mixed in profile. Along the tramway to the north of the station are places that can be considered for a modest and quiet life. The historical part of the city Vieux Nice / Vielle Nice It seems very fascinating at first glance, but it seems to me that living in those old buildings that have been piled up to the bottom for a long time can suffocate you after a while. Of course, this all depends on what you expect from life. If your budget allows, Nice is Golden Square It can also be enjoyable to live in the stylish district known as.  Port Olympia The surroundings are also extremely pleasant, the view becomes more fascinating as you climb the hills, but my favorite is the coastal part of Nice. Promenade des Anglais The section called . Promenade des Anglais and its first or second parallel are quite enjoyable places. For example, by watching the video above, you can tour a dreamy penthouse in the Promenade des Anglais and get an idea about life in Nice and the lives lived on the Promenade des Anglais. Of course, it is possible to own or rent such magnificent houses as well as extremely modest houses. For example, I live in the neighborhood where this house you can see above is located 😉

As a result, luxury, modest or student job If you are looking for a house, just write to me. Moreover  French Riviera on the coasts of Villefranche sur Mer, Beaulieu sur Mer, Cannes , MonacoThere are many other beautiful places such as , Antibes and Menton. All you have to do is ask...

How are house prices in Paris and Nice?
Since Paris is one of the most attractive metropolises in the world, house prices are naturally above average, but When you buy a property in Paris, your money retains its value in euros. also Grand Paris Project thanks to While the city is developing rapidly, it is also gaining value. Of course, do not think of this appreciation as the irrational ups and downs of house prices like in Turkey. more stable, A guaranteed investment based on euros Please rate it as such.

in paris House prices are calculated based on square meter value. If we think about it for the center of Paris, we can roughly think of a minimum of 10-12 thousand euros, and for the immediate surroundings of Paris, 6-10 thousand euros. Of course, if you want to have a house in better districts, the price per square meter may be 15-20 or even 25-30 thousand euros. The location of the house, its facade, its features, the floor it is located on, to the metro Proximity and many other criteria are the factors that determine the square meter price of the house you want to own. Therefore, if we compare it with Istanbul, if you have a 100 square meter flat in a good neighborhood in Istanbul, you can get a 30 square meter flat in the center of Paris in return for that house, or a 50 square meter flat if you go a little outside of Paris, and In Paris conditions, a 50 square meter house is perceived as a "big house" 🙂 Of course, square meter measurements in Paris are always discussed in terms of net figures, not gross ones, and as I said, these prices are more or less figures; Otherwise, the price may jump up depending on many criteria, but I have never seen it go down :) If you can afford to buy an apartment over 50 square meters, you are rich means…

Of course Prices are a little more reasonable in Nice. Prices for beachfront houses, especially on the Promenade des Anglais high However, we can say that the price per square meter for an average house is between 6 thousand Euros and 8 thousand Euros. Of course, prices vary depending on the sea view, proximity to public transportation and the general condition of the house.

Is it possible to use a bank loan when you want to buy a house in France?
Even if you don't live in France, if If you have solid documents to prove your income and assets It is possible to get a mortgage loan from a bank in France. Moreover If we take into account that loan interest rates in France are much more advantageous than in Turkey, in Paris You become even more profitable when you buy a house and manage to get the loan from a bank in France..

Of course As a foreigner, it is not that easy to get a real estate loan from a bank in France. Providing services in finding suitable bank loans in France and having many banks in their portfolio, “broker"(kurti or  KuğtiyeThere is a profession called ). Maybe you can try to solve your credit problem by finding a courtier.

What are the costs of buying a house in France?
Before anything else Since purchasing a house (real estate) in France is done through a notary, not the land registry office., varying depending on the housing price A notary fee of 7% – 9% is happening. In addition, the real estate agent's commission will be determined according to the value of the house you will purchase. a commission that varies at a similar rate You have to pay, but real estate in France is not just a matter of being an intermediary to find a house, as in Turkey, it is much more than that. Because there is such a complex legal procedure that, in my opinion, your real estate agent must pay the commission he receives to ensure that you do not make any mistakes during this entire process. penny to penny deserves it.

What is the legal process for buying a house and property in France and how long does it take?
When you find the house you are looking for in France and decide to buy it,Promesse de Vente"(promes dö vant or pğomes dö vantA preliminary contract is signed. At this stage, you need to pay a deposit of a determined amount. In the next stage, you do not need to be in Paris, the legal process continues between your real estate agent and the notary.

The only unpleasant part for us Turks is that it takes approximately 2,5 - 3 months from the first signature to the receipt of the key! Of course, this is not only due to the slowness of the system, but also to the meticulous examination of all details. All reports regarding the condition of the house are reviewed, missing gap is being examined. For example, you have the chance to be informed about possible heavy expenses that will be incurred in the apartment in the coming period. Details such as the plumbing status of the house, flood and earthquake risk is being examined. At work At this stage, the real estate agent becomes important, because it is important that your real estate agent informs you about these details, otherwise you will buy a house completely by chance, without knowing anything; You may think that you bought a cheap house on your own and face big expenses in the future.

When we decided to buy our house in Paris in October 2012, we were happy to get our loan in a short time and we thought we would get our keys in a few days, but we couldn't believe it when we were told it would take about 3 months :) After a while, people forget that they bought a house, after about 3 months. When your real estate agent informs you that the transaction has been completed, you go back to the beginning and rejoice again :) It was January 2013 when we took the key in our hands... We were even happier when another real estate job in the summer of 2021 was completed in two months, and we squeezed the notary and the bank so much in this process that we could only get this done. We were able to progress so fast :)

After the good news comes in your real estate business, the second signature is at the turnkey stage, at which point you do not have to be in France for the signature. Signature work in real estate purchases and sales can now be done remotely (This does not apply if it is a bank loan). "which replaces our title deed"Titre de Propriété"(titr propriete or titg cum pğopğiete) you receive your document from the notary. Don't be surprised when you see that this signed document written on an ordinary A4 paper replaces a title deed. When such a simple A4 paper was handed to us, we couldn't believe it due to our inexperience at that time, and we asked our French teacher to make sure, "Is this really a title deed?"

What are the financial obligations of someone who owns a house in France?
If you own a house in France, First of all, good luck. Well, when you own a property, naturally, you have two tax items that you have to pay to the state regularly every year: The first of these is “Property tax"(tax fonsier) the second is “Housing tax"(Tax fixation). the first one property tax, the second one city ​​tax You may think like this, and as you can imagine, the prices you will pay vary depending on the region where your home is located. You pay taxes according to the amount of taxes paid by companies in the area where your home is located and the size of your home. In other words, the taxes of houses of the same size in two different regions may differ from each other.

As the property owner, you will pay the Taxe Foncière in any case, but if a tenant lives in your home, your tenant will pay the Taxe d'Habitation, not you. Naturally, there will be regular expenses such as apartment fees etc. to be paid depending on the type of apartment. If you are going to rent your house, some of these expenses are the responsibility of the tenant and some of them are your responsibility.

When buying your house, you should pay attention to the future investment index of the region, the house fee, property tax, condominium You need to pay attention to its history, angle of view of the sun and many other features..

When your home needs renovations:
First of all, you must accept this from the beginning: The cost of manual labor and labor is very high in France. That's why you should take into account that the less expensive the house you buy, the more profitable it is. I will never forget, a master asked us for 700 Euros to open a PVC pipe drain in the kitchen to which we wanted to connect a dishwasher, and our eyes popped out of our sockets. Then, we were happy when we had another master do this job for 400 Euros, and when we came to our senses, we were surprised why we were so happy :)

2 – RENTING A HOUSE IN FRANCE:

What is a Guarantor? What you need to rent a house:
The first thing you need to rent a house in France is a garanteur.guarantor or gağantöğret) well GUARANTOR It will be. It is almost impossible to rent a house without a guarantor. The monthly rent of the house you will rent is based on your monthly household income more than one third Remember that it can't be too much Please. If you do not have an income, for example if you are a student, this time the "one-third" criterion for your guarantor's income comes into play. Or, if you want to rent a house without a guarantor as a student, at least one year's rent must be blocked in your bank; In this case, in a sense, your bank becomes your guarantor; Of course, if you can convince your bank. For those without an individual guarantorIn some cases, certain institutions and organizations may also become guarantors. Of course, private (company) ones act as guarantors for a certain fee...

What are the ideal neighborhoods to rent in Paris?
On this subject, you can look at the neighborhood and region suggestions in the Buying a House in France section, but ultimately The landlord has one house, the tenant has a thousand houses 🙂 That's why renting a house is a little more comfortable. For example, when we first settled in Paris, we stayed in the company lodging for two months, then moved to our rented house, and after three or four months, we vacated the house and moved to our own house. When we returned to Istanbul at the beginning of 2022, we sold the house and bought a house in Nice. After staying in Istanbul for a year and a half, we started a new life by settling in a house in Nice as of July 2023. Throughout this process, I gained a lot of experience in buying and renting in France 😉

When renting a house, it is important to pay attention to the condition of the house. Proximity to the metro station is vital according to me. If any metro, RER or commuter train If you are close to the station, you will be easy on your back and you can reach everywhere easily.

As I said, I like the west side of Paris more, but there are also many beautiful places to live on the east side. You'd best come before you settle down here - as I did. go on a preliminary exploration tour and turn the city upside down. Some places are already bothering you. After determining your budget and expectations, leaving the rest of the work to your real estate agent to find your ideal home will naturally ease your burden.

Nice If we talk about the region, I will recommend the regions I recommended in the buying a house in France section of this article. In fact, personally, let me underline that "the closer to the sea, the better" 😉

What are the rental house prices in Paris and Nice?
Expensive 🙂 As I said, for the rent you pay for an average 100 square meter house in a good neighborhood in Istanbul, I think you can live in a 25-30 square meter house in the touristic center of Paris, and if you go out a bit, you can live in a 50 square meter house, and again, as I said, a 50 square meter house in Paris.a big house🙂 For a decent 1+1 house, you should pay around 1200-1500 euros. Of course, there are “houses” of 10-15 square meters with one room, but it is still almost impossible to find a house for less than 650-700 euros. As I said, if you want to live like a human, your budget for monthly house rent should be -in my opinion- 1000 euros and above; The higher you can go, the nicer house you will live in.

Nice For a 30+50 "normal" house of 1-1 square meters, we can talk about prices between 750-1200 Euros. If it has a little view of the sea, the price of the house increases; if it is open to the sea, the prices are completely different. In other words, the numbers vary depending on the size of the house, its location, condition, what floor it is on, whether it has an elevator or not, and many other criteria. The numbers I gave are just to give an idea.

Additionally, as of July 2019, the Paris Municipality passed a new law to limit rental prices and set them at a certain standard, valid throughout Paris. I don't know the details of the law yet; if anyone is wondering About rent standardization from this link can obtain information.

How does the house rental process work in France?
You can try to find a house with your own efforts, of course it is theoretically possible, but you will appreciate that it is a very complicated search process and organizing an appointment to see the house is not as easy as you think, many people Many people are waiting in line to see rental houses 🙂 Therefore, it is an important consultancy service for your real estate agent to make calls for you, arrange appointments and negotiate rent.

You liked the house and you want to keep it, but just because you love the house does not mean that your landlord will love you too :) a solid file you have to prepare. So to keep the house You need to prove that you are an ideal tenant candidate. The most important document is, of course, Documents showing your income status as it will be. After reviewing the candidates' files, the hosts accept the candidate they trust most. Because in France until you get the house bead If the landlord is after the house is rented royal crown passes to the tenant : )

House rental costs in France, tenant's rights and legal obligations:
When you are accepted as a tenant, you naturally contract is being done. If you're working with a real estate agent, you never even see your landlord anyway. Generally Deposit of at least one or two rents and again Commission of at least one or two rental fees you need to pay. Organizations that provide support with deposits, especially for students who meet certain criteria there was; Your real estate consultant who will help you with renting a house knows those details. After all, this is his area of ​​expertise 😉

After settling in your home, If you want to make renovations or changes, you must get permission from your landlord.. Your landlord must be convinced of the renovation and who will bear the expense must be determined from the beginning. If a renovation is to be made to beautify the house, it usually comes out of your pocket. If an urgent renovation is required on a technical issue, it is considered as an asset and the homeowner bears the cost. It all depends on the agreement between you. I think it is always best to talk to your real estate consultant on these issues.

Annual rent increase It is done based on the figures determined by the state; You can think of it as our WPI - CPI increase. If you want to leave the house, you must give at least three months' notice. Of course, this is valid for houses rented unfurnished/empty. In houses you rent furnished, the notice period before leaving is one month. While you are vacating the house, your real estate agent comes and examines the condition of the house and determines whether your deposit can be refunded in full.eta de liyo) prepares a report called. If you return the house in the same condition as you first received it, you naturally get your entire deposit back.

3- SOME ADVICE ON BUYING AND RENTING A HOUSE IN FRANCE:

– If you are buying a house for investment purposes, you need to make your choice carefully in order to protect your investment value in euros and make a profit if possible. Of course No one can guarantee you a profit, but paying the price of the house you are going to buy will be the best step to get a good start in your investment. If you are buying a house to live in, it is important to preserve the value of your house in order to provide full value for the money you pay for your quality of life. - Whether you are buying or renting, your choice of borough, take a look around the district or region before deciding, to the metro I highly recommend you to walk and explore the bazaar.

Within Paris - in general terms - the entire metro line 1, mainly the west of lines 2-3-6-8 and 9, the middle and south of lines 4-12-13, lines 5 and 7. Seine RiverThe stations close to , and almost all of the lines 10 and 14 are - in my opinion - "beautiful places". RERAs for the 's, RER-A's passenger profile is decent, although the east side is beautiful, the west side is much better. RER-B is good in the center, while RER-C and RER-D carry passengers to distant suburbs, except for the section passing through the center, and their profile is slightly different.

On suburban trains ise Saint Lazare StationTrains departing from usually go to beautiful places. Trains departing from other stations seem to go to distant places to me, this is entirely related to my perception of Paris and I say this to give you an idea; Otherwise, everyone's Paris experience is different. For example Gare du Nordyou will leave from Enghien les Bains It is a delightful suburb. What I mean is that the surroundings of Paris are waiting for you with different beauties in different corners, don't worry.

Nice and its surroundings are a little luckier. Both the sunshine and the sea air are very good for people most of the time. In this sense, life is much more comfortable in Nice, the fifth largest city of France. Therefore, even if you live in a small house, you can walk down to the seaside and breathe in the truly beautiful sea air. Of course, life is not as tiring as Paris 😉

– If you are going to live in the center of Paris, you probably won't need a car because driving in paris ve parking a car in paris It is a big problem, but as you travel outside of Paris, owning a car may be a choice. If you are in the center of Nice, you don't really need a car, but having a car to get around is a great advantage. In this case, there is a "car park” becomes important. If the house you are going to buy/rent does not have a parking lot, you may have the possibility of purchasing/renting a separate parking lot from another place/building, but you cannot even guess the amount you will pay when you want to buy a parking lot. Most of the time it is more expensive than the price of your car :)

Also in the basement of your house kiler a “that you can use asquarries"(kav) will also meet your storage needs, and may be a solution to the problem of your house being small.

– In France, especially in Paris, it is even possible to buy a 5 square meter “house”, you may even have to pay 50-60 thousand euros for it. In order for a house to be rentable, it must be at least 9 square meters..

- I recommend you not to choose ground floor and first floor houses as much as possible.. Since Paris is a flat city, especially the ground floors, Seine RiverDue to the fact that it causes floods from time to time It may cause you to have unpleasant experiences. Attics can also be spacious, but you should be very careful about insulation. In some penthouse apartments, even if the apartment has an elevator, it goes up to a certain floor, and then you may have to go around in circles and walk through the corridors to reach your house on the penthouse. Also, in Paris, elevators are generally very small... In Nice, the upper floors are more valuable because they have the possibility of a sea view. Again, although they are small houses, they don't seem to have that compressed canned feeling in Paris...

– House advertisements “play"(play) is given via . 1 room 1 living room a house 2 pièces (drama) that is, it is referred to as two parts (perhaps two rooms). In many houses, the bathroom and toilet may be in separate places, do not be surprised by this. Older houses, especially within Paris, can have very strange plans as they were created by dividing previously larger houses. Be prepared to move from the living room to the kitchen and from the kitchen to the toilet :) So It is very important that a house is planned and useful rather than its square metre.. Don't forget that you will pay thousands of euros for each square meter..

– You may encounter problems especially during the remote house rental phase. You need to be extremely careful against fraud attempts. The most important point to consider for this is, Absolutely no money, checks, etc. from a distance to the hosts under any pretext. not to send It will happen. Every serious landlord knows that he should not take any money from his tenant before signing the lease and handing over the keys.

Well, let me summarize what I know about buying and renting a house in France. You will appreciate that what comes next is beyond me, because it requires expertise. If you want to look for a house for rent or sale and have an idea, seloger.comto (sologe) I can recommend you to look at it. I look for houses on this site as a hobby in my spare time :) Also pap.fr There is a website called "You can find a house from the owner" on that site, but as a foreigner, whether you have the courage to buy a house from the owner in France is up to you.

So It will be important to work with a good real estate consultant. Moreover, you get support throughout the entire complex process. As I said, you can reach possible houses and real estate agents from the sites I mentioned, but If you need a reliable real estate agent or real estate consultant in France that you can communicate with in Turkish. bana [email protected] from my e-mail address or whatever you wish. from communication channel It will be enough to reach you. Accommodation in ParisYou can also write to me for your requests about renting a house for a few weeks or a few months..

Wishing you to live in the house of your dreams in France and always see good days,

Good luck…

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