Renovating property in France generally turns out to be much more expensive than anticipated.
Older properties frequently have limited protection against damp, poorly installed electrical and water systems, and inefficient waste disposal. Building regulations may require that these items are bought up to modern standards, involving more expense. In addition a renovation project may require building permits and the delays in administration will add a cost in time and money to the original budget.
The price quoted for French new build property is "ready to move into", which is a substantial benefit to the purchaser who knows from the beginning the total cost of the purchase.
The first choice for French buyers are new properties. These are usually sold quickly because of the financial and lifestyle benefits of buying new build in France.
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