Buying cheap luxury real estate listings directly from the owner in France is a matter of perspective on what the purchaser or investor perceives as 'cheap'. The desired objective though can be possible with the right strategy.
Buying luxury properties for personal use or as an investment in France continues to be real estate that is highly sought after by international buyers.
Buyers from the United States, the U.K., the Middle East, high-net-worth buyers in Asia, and the elites located throughout Northern Europe seek luxury properties that are steeped in France's long cultural heritage, and the quality of life that is recognized in France throughout the world.
"Cheap real estate" in luxury market doesn't always mean a low price, as a 'luxury property' that is undervalued for the current real estate market place status can be seen as being cheap.
A $1M home might be "cheap" compared to others at $2M that are located in France, but the price difference for what seems to be very similar properties could be for a wide range of reasons.
If the luxury property has become distressed or foreclosed they are often sold below market value and at time through auctions. Or it could be the seller, for personal reasons like a job relocation has special reasons for letting the property be sold at a very low rate.
In emerging luxury markets luxury could be listed as undervalued in relation to future expectations, for areas such as growing neighborhoods in cities that are becoming popular, like those with infrastructure improvements or tourism growth.
Luxury buyers often have leverage as they have the financial means to purchase, especially in slow markets where borrowing from a bank is harder.
Properties bought below market value in luxury areas, especially when looking at France real estate listings by owner which can be cheaper than via an agent often see strong appreciation when the market recovers or the area gentrifies.
Economic or political fluctuations can temporarily depress prices, allowing investors to acquire premium assets at a cheaper rate.
In France, luxury and high-end properties retain value over time, and present good investment opportunities for those seeking personal use property, income property, or a mix of both, depending on the buyers aims.
In France investing in luxury real estate, can at times benefit such conditions as Pinel or Malraux schemes (for historical renovations), plus the French property tax environment can provide capital-gains relief.
In France, cities like Paris and regions like the Côte d'Azur attract investors looking for high returns returns, and potential capital gains as prices increase over time.
France offers investors and buyers looking for personal use properties luxury apartments, sprawling châteaux, luxurious villas, mansions, beach or mountain located villas plus ski bungalows and chalets.
