Bourque Potter Project Management
Category
General Information
Phone: +1 416-455-8603
Website: www.elevationA.com
Likes: 24
Reviews
Facebook Blog
Buying a house in France as a foreigner - some thoughtful (if biased) advice from the French Society of Notaries. -Professional advice Getting the right advice from a local lawyer (or notary) is really important to avoid costly error!... -Resale, Inheritance etc. Although French law governs inheritance, different rules apply depending on your country (EU vs. other). Finance -Purchasing a home in France isn't like Canada or US where your finances are "known". Credit and transfers are subject to money laundering verification and there is much checking of international bona fides. Tax Implications on Revenue etc. It's important to consult a professional before you buy, especially if you're planning to earn income from the property. There are decisions to be made and we can help set up that conversation. http://www.immobilier.notaires.fr//NonResident-AchatImmobi
Your team when buying or building a vacation home in Europe? Here's a typical non-exhaustive list... Project Manager (BPPM) Realtor Lawyer (or notary)... Architect (your advocate like Elevation Architects) Architect (French/Italian architect to ensure compliance) Contractor Planning consultant Banker See more
Some basic questions to ask yourself before getting serious about buying or building a vacation home in France or Italy. 1. How many weeks/months a year will we be there? 2. Do we need to rent it out to make it work financially? 3. How many people should our home accommodate?... 4. How will we finance this purchase? 5. How will we get there? Is proximity to an airport or train station important? 6. What amenities do we want in the vicinity? 8. How are our French or Italian language skills? 9. What style of home are we looking for (traditional, modern) 10. How important is health care? 11. What activities do we enjoy; daily, weekly, seasonally? 12. What is our "real" budget: purchase, transaction costs, renovation / new construction costs, maintenance, taxes? 13. How important is security to you? 14. What location are we looking for (country, city, apartment, village)? 15. How much time do we have to organize all this? (be realistic) 16. How important is liquidity? Is this an investment? See more
This article is from 2010 but still quite applicable. http://www.nuwireinvestor.com//how-to-buy-real-estate-in-i
Is your vacation home for personal use only, or do you intend to rent? If so, you must report the income in France! Lots of questions to answer... http://www.afaexpertise.com//afa-expertise-fact-sheet-owni
http://www.france-beautiful-villages.org/en