Real estate: how to make a successful purchase in new buildings
If the old dominates the market in terms of sales, turning to goods fresh out of the earth has many advantages: Enjoying housing (a priori) in excellent condition, the latest environmental standards and sometimes equipped with home automation gadgets are so many arguments that appeal to buyers.The accommodation also has many guarantees (perfect completion, ten-year guarantee, work damage insurance, etc.) aimed at delivering to the final purchaser a property in which he will only have to open The only problem: the price.The new one costs on average between 15% to 20% more than the existing one.
These purchasing aids are accompanied by some advantages specific to new real estate, such as notary fees, ranging for this sector between 2.5% and 3%, against 8% in the old one.
However, individuals can count on the plethora of state aid to lower the bill, starting with the zero-rate loan (PTZ).This device, intended for first-time buyers according to means-tested conditions, allows buyers in the most strained areas (A, Abis, B1) to benefit from a bank loan that can cover up to 40% of the amount of a property, which is halved in the least strained regions (B2, C The PTZ is allocated over a period of 20, 22 or 25 years and the repayment of the amount borrowed can be deferred for 5, 10 or 15 years depending on one's financial situation.In addition to the PTZ, individuals can seek to buy close zones classified as Anru (urban renewal agency) or QPV (priority district of the city).The VAT rate, normally at 19.6%, will then drop to… 5.5%.
Investors helped in metropolitan areas
Posted Date: 2020-09-28