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I own a property in France and I wanted to share my experience of buying property in France and the French property buying process. Use the menus on the left and links to 1000's of properties and services and a wide range of French estate agents.
Letting your France PropertyYou
may hope to cover some of the loan payments and costs by letting your
France Property .
Before you go ahead, ask your self some questions to help determine your objectives?
TOP TIP
Popular qualities in a home ideal France property for rental are: to be near the sea
HOW MUCH TO CHARGE FOR YOUR FRANCE PROPERTY You can research the rental potential of France property in your area. Browse web sites and brochures which include properties to rent in your area. Make lists of the price charged for those as similar to yoursas you can find.
Write down the different amounts charged
for each season. Don't be fooled that your property an
hours drive from the sea is comparable to one a 10 minute walk
from the sea - although it may have its own delights a seaside
home can't offer. It will need some extra 'pulling power'
to give it the 'wow factor'. A villa without a pool will usually
command much less rent than one with a private pool. These details
each make a difference- you must really try to compare like for like.
If you over price, you may struggle to get bookings, particularly
outside the 6 weeks in high summer. Eventually, you can hope
to achieve around 15-16 weeks of lets once you build up a database
of happy previous tenants, and are benefiting from recommendations.
Leaving tea, coffee, milk, bread and
a carton of juice
THE GUEST MANUAL This contains all the information about your France property that may be of use to your guests. If you give your clients keys, rather than have someone meet and greet, your Guest Manual will be of special importance- it must answer all their initial questions. Points it must cover include: Instructions for all the appliances
in the property Some brochures of restaurants and attractions in the surrounding area often prove useful.
Do check it whenever you visit-
it is important to keep the information up to date. A Guest
Book is often provided.
TAKING BOOKINGS If you do not use a booking agency, you will have to set up a system to handle them yourself. You will need to choose a changeover day. You must also prepare an availability calendar, on which you can mark booked dates. Be sure you keep accurate records of all enquiries and bookings. TOP TIP Keeping these records up to date is essential- or you risk a double booking! You will have to prepare various standard letters to send out: 1] alongside your brochure when you
receive an enquiry about the property Think carefully about the best features
of your property- what attracted you when you first saw it? Emphasize
any positive features-
that it has a dishwasher / washing
machine
Take photos on a sunny day. Give
a list of the rooms, mention any doors to terraces, and of course,
any en-suite bathrooms. A photo can say a thousand words- as
long as it is a good photo! Expect to use a whole film-or digital
memory card to get 2-3 good shots. FURNISHING FOR RENTAL Leave the delicate antiques out!
Things will get broken- this is always
a cost of letting. But careful choices of furniture and other
equipment will help minimize the damage. Tiled and wood floors
are super throughout. Washable covers on soft furnishings
are another good idea-
Don't clutter the rooms with dodgy
ornaments you have been meaning to throw away for years- You are likely to have personal items
that you do not want to share with your clients. Twin beds are more versatile for families
with children, while couples like double beds and the larger
the better. Try to get the right balance of beds for your target market. Also provide: bedside tables and bedside lights
Provide waterproof matress protectors for young children- it will stop parents having to worry every time their little darlings hit the sack. If you will be providing linen- essential
if guests will be flying to their holiday-
The kitchen is of prime importance-
just as at home. It is essential that work tops, unit
fronts and flooring are easy to keep spotless- Crockery, cutlery, pans and other
utensils should match.
Provide an electric kettle and a coffee maker of some kind. Keep a good supply of loo rolls and kitchen towels so there is always a roll for new guests. Leave a bottle of washing liquid and a few dishwasher tablets for before the guests get to the supermarket. And don't forget outside furniture- enough chairs and table for the whole party and a lounger for at least every adult the property sleeps. The ubiquitous white plastic is fine! TOP TIP Incoming guests will appreciate
a supply of basic foods like salt , pepper , sugar , tea , coffee
, flour and olive oil. A bottle of wine and a vase of flowers will help to make your guests feel welcome after a long journey.
LEGAL RESPONSIBILITIES You obviously want your guests to
be safe, and to have a fantastic time while in your home. Take
out good insurance- Get electrical and gas appliances
checked regularly. Have a torch handy, and a notice about where to find it. Follow all legal safety regulations applying to pools in your area- mark shallow and deep ends clearly
Think carefully about letting clients
use any bikes or boats at the property- TAX ON RENTAL INCOME You are liable to pay tax on any foreign
income, in the country where it is earned.
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