The evolution of housing-related measures from September 1, 2023 presents a set of significant changes in the field of home ownership and financial incentives. It's important to remember the changes that took place during June, July and August 2023, including the revision of the usury rate, the capped 3.50% rise in the Indice de Référence des Loyers (IRL), the increase in electricity and potentially...
Looking for the best place to invest in rental properties? The Haute-Savoie department, and more specifically the commune of Evian-Les-Bains, is a very attractive location that offers many advantages for buying an apartment in Evian. Located on Lake Geneva (more commonly known as Lac Léman in French), you may be familiar with Evian-Les-Bains, the world's best-selling bottled mineral water. With...
When you buy a new property off-plan, you can ask to modify your home before construction begins: this is known as "travaux modificatifs acquéreurs" (TMA) in VEFA. What are they for? What modifications are possible in a VEFA purchase? And how do you apply for a TMA? Find out here. How do TMAs work? TMA enable (future) homeowners to customize their new homes to suit their own needs and desires. They...
How does VEFA work? On the day of the sale, the buyer becomes the owner of the land and the constructions which have already been carried out. The future structures turn into his property as it goes along. Consequently, the buyer receives suppositions in terms of the price, as the works move forward. This operation is regulated by law, in order to protect the buyer who commits himself, while the...
Bailet Privileges Services has been managing more than 120 properties around Lake Geneva for 13 years now and we had experienced similar questions and request about domestic hepers, such as gardener, cleaner or even drivers, working in secondary homes in France. Most of our clients are from Middle-East and they naturally compare the maintenance and cleaning cost between France and their home country?...
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