Looking For Property Investments In France: Key Factors To Consider

France has long been seen as the epitome of luxury, so it’s perhaps no wonder that prestigious properties in the country are all the rage right now. 

Many wealthy individuals are looking for a property that can give them the relaxation and tranquillity they need to escape their everyday lives, particularly after the past few years when we were all kept in one location for a period. 

France is a large country, and it has its own government as well as being part of the European Union, meaning that you’ll have a lot of laws and regulations to abide by and many other issues to consider when investing in property in the country. 

In this article, we explore the main factors that you need to think about before you make your decision and buy a property in France. 

Location

France is a large country with various cultures and climates. The south of France is Mediterranean and rustic, while further north, there are more densely populated cities with a lot of culture inspired by the Flemish, the Italians and the Germans. The architecture, climate, culture and even the food of each region are all unique, so it’s important that you find a part of France that you love before you start your search for a property. Consider renting a luxury abode for a short stay or taking a yachting trip to visit multiple locations in France, so you can find the perfect place to settle down in. You’ll then be able to get a feel for the area and make an informed decision about where you want to buy a property in France. 

Financing And Taxes

When you buy an investment property in France, there are many financial factors to consider, including what taxes you’ll need to pay, how you’ll manage to pay for the property’s maintenance from overseas and more. By speaking to a tax and financial specialist such as Kentingtons in France will ensure you get the best French investment and tax advice that’s tailored to your unique needs. The Kentingtons team specialise in working with high-net-worth individuals who want to move to France or buy property in the country. So, you’ll be able to get practical advice from experts who understand your situation and can help you to navigate this unfamiliar region and protect your wealth.  

Property Type

France is a glorious country with many stunning properties, and there are many different types to choose from, so it’s important that you do your research before you settle on one home. Chateaux are a common luxury property type, and they come in many styles and sizes. There are also luxury properties that have been divided into apartments that you might want to consider, particularly if you’re looking for a second home in France that you won’t live in all year round. These properties span history and properties from each period have unique features that set them apart. So, it would help if you took the time to explore common luxury property types in the country and find a period and style that you like. 

Lifestyle And Local Amenities 

While the property you choose will be an important factor, you also need to consider the local amenities. This means finding out if the area has everything you need, such as leisure complexes, markets, historical monuments and more. You should also check out local clubs and meeting places, to ensure that you’re able to enjoy the lifestyle you crave in France. Take the time to talk to local people and to research amenities not just adjacent to the properties you’re checking out, but also in the immediate vicinity. You should also see if the services you need can be easily procured in your area, particularly if you’re planning on choosing a rural property. If you plan on keeping certain animals, such as horses, then you’ll need local vets and stabling services, and if you want to keep a large collection of luxury cars, then you’ll need to make sure that you can find the right maintenance services for them. In rural areas getting support might be harder, so consider what you need and whether you can get it before you decide on a location for your new French home. 

Regulations And Visa Requirements

As an ex-pat living in France, either full or part-time, you’ll be subject to various regulations and rules that natives aren’t. It’s important that you understand these rules and that you know what’s required of you before you commit to buying a second home in France. Learn about the rules that ex-pats have to abide by in France, and the visa requirements, so that you’re prepared for your new life in the country. These rules will change every year, so make sure that you stay informed and up to date on what you need to do to remain compliant with France’s extensive rules for ex-pats.