Guide to finding the pied-a-terre of your dreams in Paris

Ask a Apartment hunter to take care of your research can make your task much easier. On the positive side, Paris is one of the most sought-after places in the world thanks to its real estate assets. The investment made, if carried out well, will be a safe bet for the buyer. We are going to give you the four keys to successfully buying the rare pearl.

Patrick explains how to find your pied-à-terre in Paris

1) Prepare your financing well:

Before starting the research, you need to assess the budget. How much are you ready to spend on the purchase of your future home in Paris? Then how are you going to finance it?

Evaluate your budget:

In order to know the price ranges in a Parisian district, you can consult The map of Best Agents. lookout : these are net selling values. To this should be added between 3 and 4% agency fees. Remember, if you are looking for an exterior, balcony, terrace or garden, to add between 30 to 50% of their surface to that of the home. And finally, high-end and prestigious, luxury properties sell at costs that exceed the top of the market price range. At this stage of your thinking, do not hesitate to contact a Parisian real estate hunter. He will be able to work with you to ensure that the budget is realistic in relation to the selling prices.

Preparing your financing:

Consult a banker or mortgage broker in order to find the best financing solution. Ask him to provide you with a comfort letter when you have found it. Indeed, it is very reassuring for sellers to obtain this document with your offer to purchase. For foreign buyers, it is important to check to what extent it will be possible for you to take out a loan in France. In all cases, you will have to justify the origin of the funds. It's the news preventive laws against money laundering and terrorism.

2) Get an apartment hunter:

It is the ideal solution to quickly and in the best conditions find the perfect base in Paris. The home catcher will support its customers at all stages of the real estate purchase: credit, research, advice, negotiation, signatures, works, presentations by architects. He will be there by your side and will give you the benefit of his experience at all stages of the purchase.

The real estate loan:

Your flat hunter will evaluate your budget with you and direct you to the organization best suited to meet your request. It will monitor the smooth evolution of your file and the implementation of the steps necessary to set up the credit.

Definition of the specifications:

All the criteria the buyer wants are listed there: neighborhood, building, floor, floor, number of rooms, bedrooms, clarity, calm, etc. By establishing the latter, the apartment hunter will be able to verify the consistency of your budget with regard to your requirements. He has a very precise knowledge of sales prices. A poorly evaluated budget will lead to a mission that will drag on or never come true.

The research:

Thanks to its network, your request will be immediately sent to several hundred real estate agencies likely to market the ideal pied-a-terre. The hunter also uses professional search tools for the internet. They allow him to be informed in real time about all the ads and new properties put on sale. Visiting before others is one of the particularly effective keys to finding accommodation.

Visits without being present:

Whatsapp, Wechat, Face Time, now allow you to make videos and live visits. The flat hunter will use them to create with you presentations from pied-a-terre in Paris as if you were there.

The negotiation of the pied-a-terre in Paris:

Negotiating well means, above all, knowing market prices in order to be able to compare. Access to the notary database is the only way today to have usable sales references. This service will be offered to you by the apartment hunter in charge of finding your accommodation.

Rate for apartment hunters:

The fees are between 2 and 4% of the selling price of the pied-a-terre. This can vary significantly from agency to agency. Please check the following points carefully:

the fees are clearly listed on the site (it is a legal obligation),
seniority of the agency,
presence at all hunter visits,
possession of a professional card (legal obligation),
access to the notaries database,
Knowledge and habit of looking for foreign buyers,
presence at all stages of the acquisition of housing.

3) How do I make an offer to buy remotely?

With the services of a real estate researcher, no problem. Several possibilities are available to you.

After a convincing virtual tour of a Parisian pied-a-terre, you will receive the elements that will allow you to make up your mind without being there:

pictures,
plans,
video,
location,
diagnostics,
minutes of general meetings
loads
When the offer is sent, you can come to Paris to visit the apartment or ask one of your loved ones to represent you. For purchases made by investors, it is not uncommon for the flat hunter to represent them, including for acts of acquisition.

4) How to sign the promise and the act of sale for a pied-a-terre in Paris?

Two possible scenarios:

You are present at the signatures:

If it is not an inconvenience to be there when the sales contracts are concluded, your notary will prepare the necessary documents in advance. You will agree with him the dates on which you can make yourself available.

You will not be able to attend the conclusion of the sale:

You will have to be represented. Either by one of your loved ones, or by your notary or by your real estate hunter. If you live abroad, the power of attorney will need to be certified at the consulate.

Conclusion:

Have someone accompany you. Alone, you risk wasting a lot of time and becoming discouraged. The presence on site of a professional solely dedicated to finding a home base in Paris has many advantages. Of course, you will save time. But, the quality of your investment will also be assured. Buy the property that suits you at the best price and in record time. This is what an apartment hunter can do for you.