NEWBUILDS LEGGETT MAGAZINE
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The French property market is
strong and investors are seeking
a good mix of rental return (3-
6% yields are common) along
with the potential for decent
capital growth.
Then we have a large number of
clients who buy a property and
will look for 2-6 weeks
of personal use throughout the
year, with the property rented
out for the remainder. Sometimes they
will use the developer's team
to manage the rentals
and sometimes they will source
a local company or even manage
it themselves. Finally, we
have those lucky souls who are
buying purely for their own occupation -
either as a holiday
home or for full-time residence.
The thing that they all have
in common is that they are looking for
a "lifestyle investment",
and they would rather have
something they can actively
enjoy rather than putting the
money in the bank. I'd say that
around 50% of our clients are
local French residents while the
other half are international buyers
from across the world. Here
in the Alps each ski resort has a
different character which seem
to attract certain nationalities.
Please do take a look at the
"new developments" section on
our specialist ski site,
www.skifrenchproperty.com.
T
HE LEGGETT IMMOBILIER
Alps team has never
been busier, and it is
the dramatic increase
in "off-plan" sales that
is driving demand. French residents are
keen to make the most
of the handsome tax advantages
while non-residents see the opportunity to
buy an investment
that satisfies both the heart and
the head - yields are impressive
and the potential for long term
capital growth is attractive. Plus
you get to own a spanking new
property in the world's finest ski
region.
WHY USE LEGGETT
IMMOBILIER?
The first thing to say is that
you will be buying at exactly
the same price as if you were
to buy directly from the developer -
you will be getting the
benefits of our service for free.
These include the local experience
and advice from our sales
team on the ground, as well as
the support offered through our
dedicated legal team in Head
Office. Our agents and staff are
bilingual so there will be no
problems understanding promotional material or contracts.
Our local agents live and
work in their area and will know
all the best sites and developments. They
will be happy to advise on
the purchase that best
suits your individual criteria.
It's imperative that you speak
with them and give a detailed
brief - they will almost certainly
have additional properties that
you won't find online, including
those not yet available on the
open market. In effect they offer
you a free property search.
WHAT GUARANTEES WILL I
GET?
The Vente en l'etat futur
d'achévement (VEFA) market in
France is highly regulated, with
laws in place to protect the purchaser throughout
the transaction and
beyond. Your purchase
comes with the following guarantees:
• La Garantie de Livraison -
that it will be delivered on time,
to specification and within budget.
• La Garantie de Parfait
Achèvement - covers all major
issues that need attention for
the year after delivery.
• La Garantie Biennale - covers
minor snagging for two years
after delivery.
• La Garantie Decennale -
covers structural issues for 10
years after delivery.
WHO ELSE IS BUYING NEW
BUILD?
Our clients include those who
will never visit the property and
are buying as a pure investment.
Newbuild ski property is "en vogue", Heather Byrne
explains why.
Buy with your heart
and your head
Heathinfo@leggett.fris an expert in off plan
sales and our area coordinator
for the Alps.
INFO@LEGGETT.FR +33 (0)5 53 60 79 10