What do I need to know when buying property in France?

When we asked expats what advice they would give a foreigner before buying a property in France, they said...

"1. You should research the local property market to understand the competition, as well as the local regulations concerning property taxes and registration. 2. You should also be aware of the process of buying property in France, and the documents and paperwork required. 3. Consider hiring a professional interpreter or attorney to guide you through the process and make sure your rights are fully protected. 4. You should research the development potential of the property, so you understand the risks associated with buying. 5. Make sure you are aware of the legal requirements for owning and living in France, such as residency and work permits, and the specific regulations per region. 6. Account for any additional costs that may be associated with buying French property, such as notary fees, insurance, and renovation costs. 7. Research options for financing your purchase, such as mortgages and other loan options available in the French market," remarked another expat in France.

What do I need to know when buying property in France?

If you live in France, newcomers to France would love to hear your answer to this question:

About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.