The answer is a straightforward yes, and no strings attached. This is so true that foreign real estate companies buy French real estate every time the market plunges.
The second question that comes up is about financing property in France. Too often, foreigners do not know that they can get financing from French banks and often it is worth considering, especially when interest rates are lower in France than in their home country.
It can be quite hard to understand the cautious approach of French banks and their completely different attitude to borrowing and lending than in other countries. When applying for a mortgage, here are the documents required for the application – the object is to prove you earn three times the monthly repayments.
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 purchase the property. Ordinarily you will have 45 days from the signing of the preliminary sales agreement to secure that financing.