Ask Vingt Paris
What are the costs aside from the apartment itself?
When the property is chosen we’d recommend a Surveyor visits, an additional budget of 500 euros plus tax. When the pre-sale contract is signed, you’ll transmit 10% of the purchase price (minus agency fees) to… Read more
Should I Buy to Rent as an Investment?
Your investment objectives will determine where you decide to buy. There may be 20 arrondissements in Paris but we do not recommend all of them! The majority of our clients choose to rent the apartment… Read more
What is the Real Estate Agency fee and who pays for it?
Estate Agency fees if required are normally included in the purchase price of the property. In effect, both the buyer and the seller pay the agency commission because it is part of the sales price.… Read more
How long does it take to get my Paris pad?
First and foremost we are very flexible to your needs – our clients have busy schedules. Those based overseas often ask us to liaise with them remotely after an earlier meeting in Paris, or by… Read more
Meet the Notaire
Many of VINGT Paris’ US clients are surprised when they find out that Notaires have a (virtual) monopoly on property transactions. I think it’s because they think that a Notaire is the same as a… Read more
Promesse de Vente – going into contract
The Promesse de Vente is the first formal and legally binding stage in the property purchase process in France. It is a written contract of sale agreement which legally binds together the seller and purchaser.… Read more
Your mortgage acceptance as condition of the Promesse de Vente
In the Promesse de Vente we usually request that the purchase be subject to a conditional clause (“clause suspensive”) which lays out the minimum terms of a loan that you are willing to accept to… Read more
How can I sign a document if I don’t understand French?
We are often asked this question and the language issue is naturally a very important one to address. Contracts and agreements must be drafted in French in order to be valid under French law. We work… Read more
Apartment building management – The Syndic
In France, properties with common elements (whether a building, amenities or land) shared with other properties are owned outright through a system called ‘co-ownership’ (copropriété), similar to owning a condominium in the US. The owners… Read more
