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24th July 2008
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Why new developments
Over the past few years we have seen an enormous increase in demands for new build properties.
This has been due to various reasons. Developers in the region have become aware of the influx of overseas buyers during the last five years and have taken into account there requirements and now offer new developments suitable for overseas buyers with communal swimming pools and private gardens and living space more adapted for holiday homes.
With the prices of re-sale property increasing at high speed, new build developments has become a secure investment, due to new building technologies, reduced notary fees (3%) 10 years guarantees on the construction, low maintenance fees and developers banking guarantees and with also good resale potential on a local market as the French love to buy recent properties.
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