Uncertainty and taxes weigh on the British housing market
The “non-dom” scheme was introduced in 1799 under George III by William Pitt the Younger, to shelter those who had real estate properties abroad against new war-related charges against France. This status has also favored certain colonial activities such as the cultivation of tobacco in Virginia and sugar cane in Jamaica. More than two centuries […]
Auto loans reaches peaks
A new phenomenon occurs: Consumers across the Atlantic do not hesitate to go into debt for used cars. More and more consumers, with a low credit score are turning to second-hand market for a new car, using a subprime car loan. Recurrence of the subprime mortgage bubble This phenomenon is nothing new. Remember a decade […]
Value of Euro declines against Sterling : perfect time to buy in France
Euro is weak against Sterling This is nothing new; the value of euro against sterling has been declining. This decline is also steady since March 2014 with 1€ worth £0.79 in August 2014 compared to 1€ worth £0.86 last year. Do you realize that? On august 6th of this year, the pound euro exchange rate (GBP/EUR) was 1.25995 (-0.18%). Although […]
Real Estate Investment
Where is it more advantageous to invest? The KPMG Invest Survey reveals that respondents’ opinion is at 81% towards Western Europe and only 35% towards Southern Europe Choosing to invest in real estate is unique to each investor. Earning returns is very common in real estate as owning rental properties is a good way to make profit out of the difference between the rents […]
“Loi Alur”
What does the “Loi Alur” imply? The “Loi Alur” implemented by French housing minister Cécile Duflot affecting the housing market Cécile Duflot’s so-called Loi Alur’s objective is to boost more and easier long-term rents. This law will have an impact on holiday rentals as well by making short-term furnished holiday lets more difficult in areas where property shortages are faced. […]
France: Arabian Gulf Attractive Property Investment Hotspot
Increasing French property sales French real estate face high level of Arab Gulf investments More and more people from the Arabian Gulf are investing in French real estate as it is becoming a “popular investment alternative” for many in order to become a permanent resident, to have a second home or for a “long-term holiday let”. This is an advantageous and logical property investment for them. […]
Rent an Apartment in France
A new way to rent a flat in France Renting wooden studios of 18sqm A 100% made-in-France way of renting is available. Homeowners are increasingly offering living spaces in their garden. A French company based in Montpellier established this concept in order to acquire rental income or help providing solutions for the guests to stay. It implies […]
Winter Olympics Boosting French Alpine Property
The Winter Olympic’s TV Coverage Impact On Investment Foreign investments in the French Alps thanks to the attractive French real estate property and French mortgages Following the Winter Olympics’ TV coverage, more and more people are investing in the French Alps especially among British people as France is considered as their top destination due to the attractive French […]
An Insight into French Property Taxation
French Property Taxation Investing in a French property When investing in a French property, there are many taxes involved and separated into two main categories i.e. Local Taxes and Personal Taxes. Local Taxes in France comprises of the local property taxes called Habitation Tax (Taxe d’Habitation) and the Land Tax (Taxe Foncière). Both originate from “the property’s theoretical rental value according to […]
Investing in Côte d’Azur
Most luxurious tourism French property Investing in the South of France The winner of the most luxurious tourism French property is in the South of France, i.e. the renowned Côte d’Azur, due to summer sun and its openness to other luxurious cities such as Nice and Monaco. The world’s richest buyers, also nicknamed the ultra-high-net-worth individuals (UHNWIs), invest in […]