Property market News

Sale of Property: The content of the technical diagnostic file (DDT)

In the event of the sale of a property, a technical diagnostic file, provided by the seller, must be annexed to the sales agreement.

Mortgages & Property Loans : Slight decline in interest rates

In January 2024, the average loan rate stood at 4.15% (4.08% for new home ownership and 4.14% for existing home ownership).

Swimming pool and safety : Rules to follow

Whilst a swimming pool can provide for enjoyment and relaxation, particularly in the middle of summer, its presence can constitute a danger, especially for children. This aspect, which many tend to forget, is nevertheless the subject of strict state regulations, which require each swimming pool owner to equip it with a safety device.

Update on mandatory diagnostic surveys:

As part of the sale of property, it is obligatory for vendors to have a diagnostic assessment of their property as soon as it is placed on the market. There are a certain number of diagnoses which will then be added as appendices to the compromise de vente and then eventually to the deed of sale.

Capital gains tax: Possible exemptions

THE SALE OF YOUR MAIN RESIDENCE The main exemption concerns the capital gain recorded on the sale of your main residence. Whatever the amount of the gain pocketed and whatever the length of time where the property is held/occupied as a main residence, the capital gain is never taxed. It doesn't even have to be declared. It was ruled that a 6-month occupation as a main residence gave the right to the capital gain exemption (CAA Douai n ° 16DA01692 of 02/06/2018). Another administrative court recently recalled that it was up to the taxpayer to produce precise and detailed evidence pertaining to the use of the property as a main residence (CAA Lyon n ° 18LY04374 of 25/08/2020 ). Concretely, you must prepare your evidence in the event of a later investigation. Any and all documents establishing that you are occupying the accommodation as your main residence must be kept: moving invoice, mail forwarding certificate, tax return or residence tax to this address, invoices attesting to consumption electricity, water ...

Details regarding LMNP status

Non-professional furnished property rental (LMNP) is a tax system that allows you to build up real estate assets while benefiting from tax advantages. A rental investment in furnished accommodation, especially in a managed residence, allows you to benefit from this.

Highline show

See you on June 19, 20 and 21 for a revisited "Highline Show", dedicated to slackline fans! Three days of 100% sporting demonstrations in a unique and privileged location in the largest leisure park in the Pays du Mont-Blanc.

The Contas news May 29th

Selling a home: Be careful not to hide anything

At the end of 2010, a couple in the Pau region (Pyrénées-Atlantiques) sold accommodation without informing the buyers that it was known that a ring road was about to be built within 50 meters. The buyers filed a complaint against the sellers and obtained the cancellation of the sale and the reimbursement of the sums paid. In turn, the sellers then turned against “Optimhome”, the estate agency in charge of the transaction, accusing it of not having drawn their attention to the need to inform the buyers of the ring road project.

End of Lockdown: Re-opening of the agency and resumption of visits

From Monday, May 11, our agency will reopen its doors and will be able to resume performing estimates and property visits in accordance with strict rules to ensure the best health a safety conditions for both clients and our employees.

Airbnb unveils the list of 20 destinations to visit in 2020, with a French village in the lot

The American company has released the list of the most fashionable destinations for next year, based on the evolution of reservations from its many customers.

VEFA: buyers can now finish their work

Buyers of an apartment sold turnkey for sale in a state of completion (VEFA) will now be able to complete the work themselves. A possibility that is not without consequences for promoters.

Nant d'Armancette security work: summer break during the tourist season

For more than a year, the SM3A has been securing the Nant d'Armancette, in the town of Contamines-Montjoie, by creating a deposition beach, which once operational will absorb a torrential lava of 250 000 m3 and secure goods and people. Phase 4 (spring 2019) of the Nant d'Armancette security work is coming to an end.

Guided tour of the new hydroelectric plant on Bonnant aux Contamines-Montjoie

Behind the scenes of the new hydroelectric plant on the Bon-Nant at Contamines-Montjoie ...

In the property market, the mountains are gaining height!

Buying an apartment in a ski resort is primarily a “pleasure” investment. But renting it out can provide an attractive return, and prices continue to climb ...

ESRIS becomes ERP

The latest edition of « STATE OF RISKS AND POLLUTION » is now available

The breakdown of the cost of works between buyer and seller

It often happens that at the time of the sale of an apartment in a shared property, a call for funds has been made to finance work. The distribution of the payment of these works is fixed by the law, but can also be the subject of an agreement between the parties concerned.