Contemporary property appeals to many buyers and new build homes and apartments are seen as cutting edge, modern, incorporating the latest technology, design and aesthetics plus often benefitting from a sought-after location. Just some of the reasons buying within a new development appeals to investors and second home owners.

When starting your search for a French home it is key to be aware of the process of buying in France, the costs involved and what initiatives are available to assist your purchase.

We outline below the advantages of buying new build property in France and showcase some of the latest new developments in the French Alps and across the French Riviera, with everything from chalets to penthouses and country retreats. Contact our dedicated, multilingual teams today to start your search for your new French home.

Financial incentives:

Buying a property is a serious financial commitment but buying within a new development ensures some additional financial incentives that allow many residents to achieve their goal of purchasing a home or investment property.

Staged payment - Depending on when you make your decision to buy as regards how far the construction works have progressed, a buyer of new build property benefits from a staged payment schedule.

Guarantee - Contrary to buying an already existing property older than 10 years, new build developments are covered by a 10-year construction guarantee that insure the owner for any construction-related disrepair that could make the property unfit for living.

Reduced notary fees – Buying older, existing real estate can carry legal fees of between 7-8% of the purchase price. For new build, the acquisition costs are often less than 3 %.

Local Property Tax exemption – In some locations, a purchaser can be exempted from property tax for up to two years, if they occupy the new home, whether it is a primary or secondary residence, within two years of the completion of the building.

Rental income rebate - Dependent on both the property and ownership type, there is potential to benefit from tax advantages for up to six years if you wish to rent out your new build property.

A home to match your style:

Many schemes even feature a chance to personalise the design and layout of a new property or select bespoke interiors, fixtures and fittings to ensure the property matches a residents lifestyle and preferences, thus creating a home to match your needs.

Parc du Cap, a luxury new development on the Cap d’Antibes peninsular of the French Riviera can arrange dedicated interior designers to ensure your home reflects your needs.

Falcon Lodge, Méribel - is just one of an excellent range of new developments available in the French Alps  which allows incoming residents the chance to personalise the interiors, fixtures and fitting of their home, with everything from kitchens, bathrooms and layouts matched to suit a buyer’s needs.

The latest materials and equipment:

Buying within a new development means investing in a building which aligns to the most recent legal planning, build and design standards, using the latest materials and respecting the environment.

Blue Roc, a new development of apartments in the Beausoleil area bordering Monaco, provides everything from home automation systems, a chance to create communities within the development and a link direct with the concierge team to ensure the management of your home.

Lower energy bills and reduced environmental impact:

As a result of the latest planning and standards, new build property must meet strict energy standards and certifications. Your energy bill will be lower and you will contribute to the preservation of our planet.

Ready to move into:

For many new developments, the properties are delivered ready to move into as turn key developments.

The range of new developments showcased across the French Alps include homes ready for the 2021 ski season.

A sustainable asset over the long term:

New build property does not require immediate renovation work, and is a therefore long term option and very popular especially for those looking for a second home or sound investment opportunity. Many new build residences, even include dedicated concierge and management teams to help in the rental of your investment property.