The market for a second home is growing

According to a survey carried out by RTL on the program "Talking about IMMO", almost 50% of French people are rushing to buy a second home.

The leading regions for this purchase

This year, the French are very keen to move because they no longer like their old homes. What is interesting in France is the choice between different places to buy a house or to build one. The south of France is an excellent choice for property investment, given the beauty of the landscape, and the success of the tourist industry. For ecological reasons as well as for the safety of young people, the French have preferred to change their residence and choose the countryside to build their second home. The real estate market is now in overdrive and the players in this field no longer know where to put their feet. Indeed, it is in the Aix-en-Provence area that one encounters an increase in real estate sales that has led the town hall of each village to participate in renovations and innovations in its region.

The meaning of the bouquet in the life annuity vocabulary

A life annuity is when you want to rent out part of your property, yet you still live there until you die. The tenant will perhaps take care of a good part of our daily life, because it should be noted that it is a solution proposed for the elderly. So, the bouquet is the capital paid to the owner of the property at the time of signing the deed of sale. This amount depends on the value of the property, but also on the annuities paid. Clearly, the higher the amount of the annuity, the greater the amount of the bouquet. On the other hand, there are life annuities that do not receive an annuity, so they are not taxed and allow him to receive a nice sum when the property is sold. It is even possible to pay a final bouquet, which is a large sum of money paid to the seller at the time of his death, and therefore to his heirs, which can be worth twice as much as the normal sale price of the house.

Finally, speaking of real estate, it's true that it's a juicy business, but it doesn't get away from its problem with the existence of dark stores that give a bad posture to the aesthetics of the real estate market in France.
 

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