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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

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