“If you don’t own a home, buy one. If you own a home, buy another one. If you own two homes buy a third. And lend your relatives the money to buy a home.”

John Paulson

Mon 20 September 2021

What rules must be followed for a real estate purchase in France?

Exclusive Guide to Acquiring Luxury Property in France

Embarking on the purchase of a luxury property in France transcends borders and embodies a unique experience. This comprehensive guide crafted by Sophie Peirano Real Estate agency aims to unveil every facet of this quest, offering international connoisseurs a detailed insight into the process of acquiring exceptional real estate.

1. Immersion in the Prestigious Real Estate Market:

Before embarking on this journey, it's imperative to delve into the French real estate market. Utilize the expertise of our specialized real estate consultants at Sophie Peirano Real Estate agency in Cannes to navigate this exclusive universe.

2. Defining a Budget and Financial Expertise:

Acquiring a property requires meticulous financial planning. Carefully consider the budget, encompassing purchase costs, notary fees, property taxes, and agency fees. Consult with financial advisors specializing in luxury real estate investments to ensure a tailored financial strategy.

3. Hunting for the Rare Gem:

Collaborate with our real estate agents at Sophie Peirano Real Estate to discover a property that embodies the sought-after elegance and luxury. Explore neighborhoods, visit residences, and inquire about exclusive details such as spa facilities, infinity pools, and landscaped gardens.

4. The Crucial Role of the Notary:

Engage a notary specialized in transactions. This professional will ensure the legal validity of the transaction, draft the sales contract with precision, and ensure all tax obligations are met with refined attention. In France, a sale with a notary, a legal specialist, is mandatory.

5. Signing the Sales Contract:

Signing the sales contract for a luxury property holds paramount importance. Review every detail with your notary, discuss specific clauses, and ensure mutual understanding. The signing ceremony should reflect the elegance of the transaction.

6. Completing the Transaction:

Following the contract signing, a period of 2 to 3 months ensues for your transaction. Your notary will conduct necessary verifications, and required funds will be transferred to a blocked account. The transaction culminates with the deed of sale, orchestrated with an estate agent for property acquisitions.

Acquiring a luxury property in France is an extraordinary experience that transcends the ordinary. By understanding each stage of this high-stakes real estate adventure, it transforms into an exhilarating chapter. Engage with prestige market professionals like Sophie Peirano Real Estate agency and let our experts guide you with bespoke support.

From Dream to Reality

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