New Build Property in France 

A Great Selection of French New Build Off-Plan Property Available Online

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Leapfrog Properties have a large number of new build off-plan property developments in France which are very popular as holiday homes or purely for investment. The advantages of buying a Leapfrog Properties apartment or villa off-plan are quite substantial:

  • Built to a guaranteed high technical standard through using only established developers in France such as Bouyges, Pierre & Vacances and Kauffman Broad  
  • All French new build property automatically comes with a ten year guarantee so that any structural faults discovered within this time are repaired and paid for by the insurance company
  • Notary fees are only 2%-3% of the sale price
  • You can choose the décor to suit your taste before it is built
  • You can often choose from a variety of floor plans to suit your style
  • They are often worth more than you paid for them once they have been completed, especially in a sought after area where off-plan developments are less frequent and which are near good transport links
  • Often guaranteed rental agreements can be made, but if not to your liking they are very easily rented out independently.

Often, buying a new build property in France is fairly hassle free - there is always a management company in charge of the day to day running of the development from minor repairs to mowing the lawns and cleaning the swimming pool.

The apartments or villas are usually very easy to rent out as they come ready to move into in typical touristy destinations hence benefiting from the holiday rental market. VAT at around 19.6% is payable but included in the price you see.

Payment and Construction Schedule

New build property buyers in France are well protected within the contract and will only pay when certain stages are complete:

  • It is common to only pay a 5% deposit on signing the preliminary contract compared with the usual 10%
  • After the deposit, the first payment of 25% is usually paid once the foundations have been laid - at which time you will have to sign the “acte authentique” making you the legal owner of the property and pay the notaire fees of about 3%.
  • Further payments will follow as each stage is completed until 95% has been paid. You will then be able to view the property once completed and pay the remaining 5%.
  • Properties are generally sold six months or so before construction begins possibly with the remaining few being sold during construction so there is usually a good 18 month wait. This is of course subject to delays either through weather or delivery problems but once the foundations are laid and the “acte authentique”” (final contract) signed then you will be given a specific quarter in which it shall be finished.

Search through our selection of new build property in France yourself , or

Call us for free advice and help in finding the right property for you.