Purchasing Provence real estate can often be a complicated process that should never be undertaken without contacting an established French real estate agency. Just like purchasing a home in the UK, Canada, or the United States, the laws and fees for purchasing homes can be confusing for those who are not familiar with the process. Luckily, there are multiple agencies specializing in Provence real estate that can assist you in the process.

For foreigners, purchasing Provence real estate or any other real estate in France requires a minimum deposit of 15-20 percent. Obviously, this is quite a large down payment that many cannot afford in cash. By working with a real estate company in France, however, you can often acquire a loan based on the equity of your home in your native country.

Provence Real Estate Issues
The legal costs of purchasing a home can often be quite costly and amount to a sales tax. This cost is usually around seven or eight percent for an older home and only two or three percent for new homes. This cost cannot be covered under the mortgage cost and therefore must be paid up front before the purchase is complete.

Another consideration to make when purchasing a home in France is the language barrier that often exists between the buyer and the seller and government officials involved. For those with limited French language skills, it is strongly recommended, though not required, to retain the expertise of a French-speaking attorney. The fee for such a service is usually one percent of the total purchase price of the home, but it's a small price to pay for the peace of mind it provides.

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