Buying your Paris Property

BUYING YOUR DREAM APARTMENT IN PARIS

At Paris Buyer, we understand that buying real estate in a foreign country can be daunting. You may not know the questions to ask or information to check and you don't want to overpay or make expensive mistakes. With our comprehensive services and expertise, we aim to make the process seamless and stress-free, ensuring your satisfaction at every stage.
 

Step 1: Define Your Requirements and Budget

To begin your apartment search, it's vital to determine your specific needs and financial constraints. Consider factors such as location, size, amenities, and proximity to key landmarks or transportation.

Our personalized consultation will help you clarify your goals and establish a realistic budget, ensuring that your purchase aligns perfectly with your desires. We can also pre-qualify you to borrow in France which can increase your buying power. Mortgage rates have historically been lower in France than in most non EU countries so this is worth checking. Also, it's safer to borrow in the same currency as your asset value in case of currency exchange fluctuations.

Step 2: Book Your Visiting Trip

It's imperative that you begin your search with in-person apartment visits. Paris Buyer, will prepare your trip in advance to provide invaluable guidance and access to exclusive listings.

Our team will assist you in evaluating each property, examining important aspects such as market value, historical appreciation rates, potential renovation costs, and legal requirements. Armed with this knowledge, you can make informed decisions, avoiding any unforeseen pitfalls.

Over half of our clients find their dream Parisian apartment on the first trip. If you don't find what you are looking for the first time, we will have learned enough about you and your requirements to continue visiting any matches that come up and if needed, take you on a video tour and make an offer in your absence in order to quickly secure the property.
 

"Thanks to Paris Buyer and the Paris Perfect team, having given up the thankless process of searching ourselves, we were finally able to find that rare gem, the apartment that perfectly matched our requirements. And on top of that, you helped us negotiate a fantastic deal!" 

E & S Matterly
 

Step 3: Make an Offer to Purchase

Once you have found the apartment you love, Paris Buyer will assist you to determine fair market value and make a competitive offer. We'll gather all due diligence needed to ensure you understand annual running costs, the existing state of the apartment and any future expenses. As needed we can obtain quotes for renovation work, estimate of rental income, or advice on tax implications. Once a seller accepts your offer to purchase in writing. They are obligated to sell however you are not obligated yet to buy.
 

"Paris Buyer's thorough analysis of the properties we were considering gave us the confidence to move forward with our purchase. We really appreciated your attention to detail – it was impeccable." 

Juan G.
 

Step 4: Sign your Pre-purchase Contract – 3 Weeks After Offer Accepted

When it comes to purchasing a property in Paris, signing a promesse de vente, or preliminary sales contract, is a crucial step in the transaction process. Drafted by a French Notaire representing  you the buyer, it outlines the key terms and conditions of the sale, establishing a legal framework for both parties. Your deposit (“earnest money”) equal to 10% of purchase price must be paid into the Notaire’s escrow account at this time. Once signed, you still have 10 days to walk away before you are bound to purchase. As your trusted guide in Parisian real estate, Paris Buyer will connect you with an experienced bilingual Notaire and help you navigate this process with ease and confidence.

Our team will review the promesse de vente and ensure that all necessary provisions are included to protect your interests. Your Notaire will explain any legal terms or language and address any concerns you may have. All important negotiations happen at this stage. Once the contract is ready, we will arrange a signing date that works for both parties. During the signing, our team will be present to ensure that the process runs smoothly and all documents are legally binding.
 

“I wanted to thank you so much for making my dream of that beautiful apartment in Paris come true! I would never have dared dream it was possible, but you made it so. And, once found and bought, you along with the extraordinary team you have made available to me, made all the millions of details run smoothly.

I hope you know how amazing you are and what a difference you make in people’s lives. My life.” 

L Penny

Step 5: Sign your Purchase Contract & Get Your Keys – 2 to 3 Months After

The final step in the transaction process is to send the remaining balance of funds due to your Notaire's escrow account and sign of the final purchase contract, also known as the acte de vente. This contract serves as the legal agreement between the buyer and the seller, finalizing the transfer of ownership. The actual content of the contract is very similar to the promesse de vente.

Our team will again carefully review the contract to ensure all is in order and ensure that any questions you may have are answered in advance by your Notaire. We will visit your apartment just before signature to check that nothing has changed and it's been fully emptied and then accompany  you or represent you at the signature meeting. You will be given your keys and a data key with all relevant documents for the sale. Your Notaire will then register the sale with the relevant authorities to ensure that the transfer of ownership is legally recognized. Then it's time to celebrate!

With Paris Buyer by your side, the process of buying an apartment in Paris becomes a delightful instead of daunting. 
Let us guide you to your perfect Parisian home, ensuring a stress free, rewarding experience along the way.