Buying The Best Real Estate in Dordogne

Buying The Best Real Estate in Dordogne

In the last 2 yrs, property in the Alpes-Maritimes and Dordogne areas has become extremely popular among foreign investors. Relating to figures reported by regional notaires, more than 15% of the true estate sales were designed to international purchasers. These numbers had been reported from the 2011 annual overview of the French house market as documented by notaries. The Dordogne region specifically has been favored by Brits who also dominated the worldwide buyer’s marketplace for Cote d’Azur.

When may be the right time?

With the latest waves of economic downturn severely affecting many elements of Europe, property prices also have taken popular. With the price tag on several chateaux falling nearly 50% some time ago, you are bound to discover a great house in Dordogne on the market.

France is also among the safest areas in the continent while the value of the house seldom experiences meltdowns. Actually when it comes to quality of living and additional amenities, Dordogne is very easily among the best choices. In case you are still uncertain of when you should purchase property, you can contact City Country AUCTIONS in France for an improved consider the situation.

Property options in Dordogne

Like most elements of the French Riviera, Dordogne offers a variety of house options. If you are searching for French house as only a long term expense, you possess a wider group of possibilities. Virtually all types of French house can be viewed as an expense with the least expensive including ruins, farms, barns, open areas, townhouses, and renovation tasks.

You can also choose more expensive choices like mansions with wineries or chateaux to meet your requirements. These affluent homes can serve as your long term residence or just a vacation home. If you are not really in France, you can lease them out and generate the majority of your investment back relatively short time. Up to now, gites and farmhouses have become popular among investors because they can be found in many variations. On the other hand, you can choose affordable townhouses or flats in towns around the Dordogne area like Perigueux, Le Bugue and Sarlat.

What things to remember before buying

Before purchasing any property, you should make sure that the property posseses an urbanization certificate which allows you to rebuild legally. It’s also advisable to purchase the planning authorization for the plot before purchasing house as not absolutely all plots could be given approval. If you’re thinking about purchasing medieval chateaux or mansions in the Dordogne area, make sure that you consider all restoration and renovation costs before signing the deeds.