May – August: Four months to seize the best opportunities
A key period for investing According to the president of the FNAIM (Fédération Nationale de l'Immobilier), Jean-François Buet, owners are well advised to accept offers involving a price cut before 31 May in order to arrange a signing at the notaries before the end of August. It…
A key period for investing
According to the president of the FNAIM (Fédération Nationale de l’Immobilier), Jean-François Buet, owners are well advised to accept offers involving a price cut before 31 May in order to arrange a signing at the notaries before the end of August.
It is, in fact, advisable to anticipate the removal of the 25% abatement on taxable capital gains and to accept offers even if they represent a price cut.
We also presented in a previous article, the new State reform which provides for a future fall in property prices by modifying the notary fee system, replacing the current proportional tariff with a flat-rate tariff.
In any case, what is almost certain, given the current situation of the property market and the reforms implemented, property prices should continue to fall for a few more months, which is synonymous with increased purchasing power for all future buyers.
Jean-François Buet confirms that now is the time to invest and that one should not hesitate. The president of the FNAIM also points out that a buyer is always a winner in the long term when purchasing during a slowdown, like those who invested in property when the market was in recession (namely in 1982, 1991, 1997).
The advantages of LMNP
Finally, the appeal of LMNP investment (furnished lettings) is in no way called into question by the Alur law. According to Jean-François Buet, achieving estimated rental yields of around 2.5% to 3.5% net is rather correct in the current investment landscape. Furthermore, besides the leverage effect of credit, buying to rent in older (or new) property allows works and borrowing interest to be deducted tax-wise.
If LMNP investment is a placement that interests you and you are looking for the best return rates, Sextant Group offers LMNP properties with exceptional yields surpassing those of the market, ranging from 5% to over 6.5%. You can find these LMNP offers on our website by clicking on the link below:
http://www.lecoindulmnp.fr/properties/
A fall in property prices also at Sextant
Sextant is adapting to the market situation, with savings also to be made on our properties which have seen their prices fall.
Discover below three examples of properties from the Sextant selection whose prices are currently reduced:
– Traditional stone house in Brittany: €256,800>€249,999.
This beautiful stone house, full of character, is located in the village of Le Quiou, a few kilometres south of Dinan and Saint-Malo. The village is notably known for the Château de Hac, classified as a historic monument, having belonged to the Dukes of Brittany.
The property sits on a 1,149m2 plot and includes a veranda and a garden shed. Built at the beginning of the 18th century, this property is fully renovated and offers three levels of living space, totalling over 330m2.
– Chalet in the heart of the Alpine mountains: €139,100>€115,000.
This 3-room apartment chalet of 35m2 is located in the Alps, in the village of Agnières en Devoluy. The chalet notably includes a living room, two bedrooms and a terrace of nearly 8m2. Located in the “La Crète du Berger” residence, this property will appeal to all lovers of the mountain and its various activities, both winter sports and wellbeing such as hiking.
– Provençal house with view of Corsica: €2,310,000>€2,079,000.
This exposed stone house is located in the village of Tourrettes-sur-Loup in Alpes-Maritimes. This beautiful property offers a unique panorama of over 50kms of Mediterranean coastline, as well as a breathtaking view of the Île de Beauté.
This beautiful property sits on a plot of over 7,800m2; the living space of the house is 225m2, the land has a terrace of over 100m2 as well as a large 72m2 garage convertible into a studio and it contains a duplex chalet of 40m2 with a 10m2 veranda and a terrace.
Many other excellent properties at prices defying those of the market are available on our website, where you will discover our entire portfolio of properties across France; do not hesitate to contact us, the Sextant team is happy to accompany you in your projects.
http://news.sextantfrance.fr/2014/03/prix-de-limmobilier-letat-veut-baisser-les-frais-des-notaires/
http://www.sextantfrance.fr/fr/detail.htm?cle=750111575&monnaie=2
http://www.sextantfrance.fr/fr/detail.htm?cle=750111845&monnaie=2
http://www.sextantfrance.fr/fr/detail.htm?cle=75011113&monnaie=2
