Investing in a new property on the French Riviera offers numerous practical and financial advantages, while contributing to a more sustainable future. Here are some of the main benefits:
1. Reduced notary fees: One of the key advantages of purchasing a new property is the reduction in notary fees, which are often lower than those for older properties. This results in significant savings that enhance your investment.
2. Tax benefits: Certain new developments are eligible for advantageous tax schemes, such as the Pinel Law or other incentives for investing in new real estate. These benefits allow you to reduce your taxes while building a high-quality property portfolio.
3. Reduced condominium fees: New builds are often designed to minimize maintenance and management costs, which translates into lower condominium fees. This ensures a simpler and more affordable upkeep of your property.
4. Customization of finishes and sometimes design: One of the great advantages of a new property is the possibility to personalize certain aspects, such as finishes or, in some cases, elements of the design. This allows you to tailor your new home to your tastes and needs for a truly unique living experience.
5. Enhanced warranties for peace of mind:
- Perfect completion warranty: This warranty protects you against any defects or issues encountered within the year following the completion of the work. It ensures that necessary repairs are taken care of.
- Two-year functional warranty: This covers the equipment that is separate from the structure (heating, plumbing, etc.), protecting you in the event of functional problems within the first two years.
- Ten-year warranty: This guarantees protection for the structural integrity of the building for ten years, ensuring long-term security for your investment.
- Damages insurance: This insurance, taken out by us, provides additional protection against construction-related issues, offering immediate coverage for any issues that may arise.