www.french-homes-direct.com
French Homes Direct and Barnes International Property Consultants are both based in Paris and both are highly involved in making, real estate in France “easy” for non residents. For several years now we have been developing a unique “ buy to let “ concept for investors interested in making profits from a new niche “ the Parisian Corporate Housing Market”.
In order for a foreigner to make a good property investment you need to be able to buy property in a city with low property prices. You need to obtain strong rental yields from a secure tenant, have hassle free rental management done by a specialist and have the possibility for capital gains potential.
You should invest in Paris as of today, as Paris is now providing great opportunities for capital growth. Property prices in certain areas of Paris are equivalent to 1991 prices
( Taking into account inflation ) and Paris has not benefited like Dublin or London in the recent explosion of the housing market.
Paris is a Capital city with numerous businessmen looking for long term corporate housing and last year Paris attracted 30 million tourists all looking for short term accommodation. There is not enough supply to meet the needs for both of these markets.
French Homes Direct and Barnes can help you as we are licensed real estate professionals based in Paris and our added value is that we are constantly prospecting investment opportunities on a daily basis. Capital gains lie mainly in strong sourcing and this is what we are proposing.
French Homes Direct and Barnes offer a premium service to their clients to secure a “viable” buy to let property investment. “Our aim for you the foreign investor is that you buy what the local French clever investor buys”, through a tailor made investment.
We will put in place for you a complete hassle free investment, offering you an a-z service including sourcing of your property through our in house property hunters, organize the renovation of your future investment if necessary, through Barnes Renovation, organize the decoration if necessary through our in house company Partrimoine and Renovation, conduct the tenant selection and organize your property management. All these services will be performed with an aim of optimizing your return on investment, but in a professional and secure manner. The rental management will be organized by Barnes who manages 150 furnished and unfurnished properties in Paris.
This unique investment opportunity gives you the investor the possibility to own an apartment in classic buildings in the most select areas of Paris.
It also gives you the investor the possibility to work with the most innovative and professional Real Estate companies in Paris.
Contact Leo O’Brien or Heidi Barnes for a preliminary discussion where we can discuss real market prices for each district of Paris. In order to help our clients avoid overpaying we can take buyers through the process and we give explanations of all the pitfalls in the purchasing process. Purchasing property on the Parisian market can be difficult so you need to purchase through professional and competent organizations with professional cards. Both French Homes Direct and Barnes are renowned for their capacity to service clients, their professionalism and their knowledge of the Parisian property and corporate rental market.
If you are keen to move ahead once you are sure of our professionalism then we will arrange a visit in Paris where we will make a more in-depth analysis of your purchasing criteria and financial possibilities in order to orientate you in the right direction. We will discuss your needs, tax issues, we will take you through our list of services, meet the teams, visit properties that maybe are for sale, visit past examples of decoration and renovation, see our banking partners and the bilingual Notaire so you know what rates and how the system works. We will determine your areas of pre selection and go through fees, lease periods etc. We will also discuss your objectives in optimizing your rental returns and inform you on the guarantees available for protecting your rental income. After this meeting you will have a clear indication of what you can or can’t achieve all at no cost to you.
Why use French Homes Direct and Barnes for your investment
- Benefit from our combined experience of thirteen years in Parisian Real Estate
- Benefit from “free” sourcing as normal house hunters charge 3% on top of the purchase price and we will only select properties in superb areas of Paris
- Benefit from a tailor made investment with excellent capital gains expectation.
- Benefit from an end to end investment process all controlled in house, from initial contact to the purchase of your property, to secure rental management
- Benefit from working with a proven management team
- Benefit from having no “fees” especially excessive project management fees
- Benefit from an attractive rental return for the lease period
- Benefits from a complete hassle free investment as you will have access to a team that speak your language and understands your needs
History of French Homes Direct and Barnes
Leo O’Brien of Irish origin created French Homes Direct in 2004 and French Homes Direct are now one of the references for helping non residents looking to invest in Paris. Their financial background as ex investment bankers speaks for itself in terms of credibility and honesty. They have an office in the heart of the 8th district of Paris, 3 rue Treilhard just off boulevard Haussmann. They have a multi lingual team.
Heidi Barnes of Welsh origin created Barnes in 1994 and Barnes are the leader for luxury property in Paris and specialists in furnished rentals with 150 properties under management. They have offices in Paris, London and Miami and have a long history in assisting non residents looking to purchase property. They have a large office in Neuilly 22 rue Hotel De Ville. They have a multi lingual team.
The next step if you are keen to move ahead after our meeting
1. Firstly, we will validate your purchasing capacity through our banking partners that you will have met on presentation of all of your necessary documents.
2. Once your budget has being determined by the bank then we will source a property on your behalf with this budget in mind.
3. During the sourcing period we will present you with several properties within your price bracket.
4. Once you have selected a property and you decide to purchase, we will assist during the purchasing process while at the same time we will be the go between with you and the bank if necessary for your mortgage.
5. If any renovation or decoration needs to conducted in order to optimize your rental potential we will produce clear written estimations and oversee all works making sure of delays etc.
6. We will organize your rental management with a strong tenant assuring current market rates. We will optimize your rental return in a secure manner.
7. We will organize the necessary insurance for you to avoid any voids on your rent.
8. We will organize your Tax declaration at the end of the year in order to keep the French government happy.
Finance
As a foreigner “looking to invest in Paris” we can get you up to 80%-85% finance of the purchase price of the concerned property and we will find you the best mortgage rates through our banking partners. All the banks concerned work especially with non residents and have multi lingual teams at your disposition.
Project Management Fees
To start the process and make sure that you are serious about collaborating with French Homes Direct and Barnes you pay a one off refundable fee of 1,000 Euro to French Homes Direct. Your search will start as of that day and propositions of properties will follow. The 1000 Euro will be taken off the global cost of the property once everything is in place.
Acquisition Fees in France
(1) Normally when you purchase property in France if you go through an agent the agency fees are included in the selling price on average 5-6% including VAT.
Our Fees for your project
If we have the property that you are thinking of buying in our portfolio, then you pay no added fees on top. We will be paid by the seller (1).
If we do not have a property in our Portfolio we will go directly to the selling public and purchase on your behalf we will charge you 5-6% including Vat on top of the initial purchase price, but we will negotiate with the seller, in order to obtain the best price on your behalf, so your return on investment will still be very attractive. We will not overpay for properties as negotiating is our occupation.
When we present you some properties, our fees will be completely transparent and you will get a detailed breakdown of the property price, how it can bought ( through us, or through the general public ) notary costs, renovation and decoration costs, rental prices etc, expected taxes etc, so you have the exact calculations to calculate your return on investment.
Our objective is to buy on your behalf at the lowest possible price in order to optimize your Return on Investment.
|
