Coast and Country in France

May 28, 2008

The Joule in the Crown

Filed under: Property News, Real-Estate — @ 1:12 pm

I am looking at using solar energy for power and heating, although after three days of heavy rain and dark grey sky this seems a bit remote. But I have a large, south facing, roof which needs replacing so, with grants available this is something to consider.

What interests me is how the specialists I am talking to can quote me over 1,000 euro a square meter for panels which I see for sale in the supermarket for 100 euro a square meter. There is an exhibition of Renewable Energy in Paris on June 19-21 which I plan to visit and learn more, but with all the information that I find on the Internet it surprises me that the local specialists demand, and probably get, such a huge margin for what is a very simple job. I can have a complete roof supplied and fitted for under 300 euro a square meter, with a ten year guarantee.

I welcome comments from anyone with recent experience of any alternative energy installation in the South of France or a similar region with a sun factor of 3 to 3.5 (I understand the UK is around 1.0 so is not so relevant)

A borehole may also be interesting, but I am not thinking of putting up a wind generator, anyone with a percussion rig near Montpellier should write to me.

May 23, 2008

A Little Village House

Filed under: Property News, Real-Estate — @ 4:31 pm

Tony,

OMG, as they say today, some 20 years ago I camethisclose to buying a house in the village of Puilacher, Languedoc. A friend in New York (I’m a Brit who went to NYC in 1970 and worked for The New York Times for 29 years) talked me out of it.

Well, you can imagine how I felt for many years. Until, that is, I went back about 8 or so years ago and saw that a vineyard company, I believe, had kind of taken the village over. However, my lifetime dream has been to live in Languedoc. Don’t know why, but it feels like home.

And you, you lucky *****, are living my dream!!

Is there any chance that a cheap, rundown kind of place might be available, do you know?
This shared ownership thing, which I read about in the NYT (as I’m sure thousands of others did), I’m not really sure about.

Does it really work?
Would love to hear about some place in those lovely hilly villages just west of Pezenas, a place I like a lot.
Oh my, of course I should have acted way back when. But it’s never too late, I guess, even if you are 69, as I am.
Best of everything to you and your family,
I hope to hear,
Terry

==

Hi Terence

I have just been offered a property in St Nazaire - just west of Pezenas - it is a very interesting offer and has masses of potential at a low price 130,000 euro - the village is perfect.

I have not put it on a real estate site yet but you can see the photos at

http://flickr.com/photos/cathar/sets/72157603703148866/

and

http://flickr.com/photos/cathar/sets/72157603707582939/

and a video I use to make notes before writing the details at

http://www.youtube.com/watch?v=zo_0-C3zh-w

Let me know if this is interesting

Fractional Ownership does work very well and is well established

Hope to see you over here

Best wishes

Tony

==

Hi Tony,

I guess at today’s prices, 130,000 is a low number, but when it comes to renovating the property then the numbers would of course climb substantially.

It is in fact everything I asked for, so no criticism on that score. But on second thoughts, maybe Fractional Ownership might fit my budget, not to mention my age, a bit better.

Oh, and when I said west of Pezenas, I should have said east! That’s the area I spent most of my time in over a number of years, and with which I am more familiar. (The first place I stayed in was Lacoste, up near Clermont-l’Herault).

Thank you for taking the time to bring the St. Nazaire property to my attention, but, as I say, perhaps I should be thinking Fractional Ownership.

Best,

Terence

==

Hi Terence

It will be hard to find anything reasonably comfortable for under 200,000 euro now - you are wise to avoid renovation - it will double the price.

Fractional Ownership is only working effectively in Paris - there may be some offers in Nice soon, but for village homes I do not advise it - prices start now at about 100,000 for one month in a good apartment.

The other option is to buy a place and then sell shares

Hope this helps

best wishes

Tony

Adding Value

Filed under: Property News, Real-Estate — @ 2:07 pm

Dear Tony

I have much enjoyed your newsletter since subscribing. I particularly enjoyed the article about French estate agents.

Isn’t it amazing how they don’t even try to make the properties look nice in the photos - they are so worried that you will recognise it and make a private deal with the owner.

The beautiful flat I bought recently in Pezenas (well, so far I’ve only paid the 10% and signed the compromis de vente) was advertised with an enticing close up of the rubbish bins on the terrace at the back.

When I was looking for the house where I now live I thought that one young estate agent had got lost on the way, perhaps due to his fashionable swept back sun glasses, but later I realised that he was, of course, trying to put me off the scent.
I have some questions that I would like to ask you, but this space seems a bit small!

Yours,
Kirsty

==

Hello Kirsty,

They are all so worried about looking at other people backs to stab and over their shoulder at their own back to remove the daggers, that they never know where they are. Sunglasses are usually to hide the demonic red eyes.

Delighted you are to be a neighbour - do write to me with any questions - the box on the site will take as many words as you wish, it is infinitely expansive (like me)

Best wishes

Tony

==

Dear Tony

Thank you for replying so promptly. Much as I enjoy living here (like you, otherwise we wouldn’t be here) there are times when the voice of a compatriot is welcome. Like you I chose this area becauseI think the Languedoc is absolutely amazing - beats the Uzes/Saint Remy de Provence area, which is so fashionable just now, into a cocked hat.

I live in a truly beautiful place - Our hamlet is in a cirque, surrounded by mountains, and a rushing stream drops into a pool at the bottom of our garden. There are wild flowers everywhere, and I am in the process of making a garden, which gives me great pleasure.

Since my arrival I have struggled with rude representatives of France Telecom, le Sydndicat des Eaux, EDF. le Credit Agricole. Our telly, which we bought at great expense from Darty - they of the ‘contrat de confiance’ - doesn’t work when it’s raining, I changed from France Telecom becuse their service was so terrible (at one point, as we waited in their shop in Beziers for over 2 hours to be served, my son said ‘It’s just like Egypt here.’), but tele2 aren’t any better, and now it’s entirely my fault that the phone doesn’t work - my son, who works for the World Bank in Washington, complains that it’s like phoning Africa - it works one time in 5.

I have always thought that Pezenas was an entrancing place, architecturally so rich, not too big, but with a certain sophistication. The idea behind buying a flat there was partly that I could have a bit of an urban fix from time to time - go to the cinema or out for dinner without having to drive home in the dark afterwards etc, and also to let it out in the summer months to have a bit of an income. Since I signed the compromis de vente, of course, the euro has soared, and I will have to pay for it very soon with my saving which are, of course, in sterling - not clever. I seem to recall that in one of your articles you talked about currency dealers, but I have no idea how all that works. My money is at present in the Nationwide, from which I would like to remove it, but I’m not sure how to go about it. I also need to talk to someone who understands my tax situation - it’s not very complicated, but I seem to be being crushed between the 2 systems.

My partner owns some land not far from here, and the idea is to build a simple, modern, ecological house in timber, with solar panels, geothermic heating etc - he loves all the stuff, and to sell here. I foolishly asked the estate agent from whom I bought my Pezenas flat to come and have a look at this house re valuation, and also because we are in a bit of a quandary as to how much of the work that we intended doing - including building a swimming pool in the ruined bergerie - it would be worth doing. I don’t suppose you will be surprised to hear that he thought I would be very lucky to get back the money I paid for it, never mind the money we have spent, and that we shouldn’t do another thing, just put it on the market at once. Although we were both pretty depressed at first, I know in fact that he’s wrong. Apart from anything else my potential buyer is very unlikely to be French, and this is certainly not a good time to attract British buyers. We will enjoy being here for a while yet,and see what next year brings. I still can’t decide about the major works, but we are continuing with the multitude of small thing that need doing.

I hope you don’t mind me unburdening myself on you at such length. I would be very grateful for any advice you can give me.

Best wishes,
Kirsty

==

Dear Kirsty,

Don’t believe a word that any estate agent ever tells you - they are all liars and are only interested in twisting the truth to their advantage - I know - I am one.

Here is a link to the best people I know for currency exchanges.

French services have no concept of customer service or customer relations - do not worry - they are as ignorant and rude to everyone - it helps to thump tables and shout at them, if you can cry at the same time it often gets results - I refuse to even go inside a French bank now and do not even have a French bank account, I use the post office which is just as bad but at least is dirt cheap.

I know nothing about finance, but I bet the pound rallies and by the end of the year will be back to where it was a year ago.

Generally, in my opinion, doing major construction just before selling is not a viable option, although it may get a client quicker - the other side of the coin is that it may put people off as they often want to do things their way and the work may have been better not done and the price reflect this.

Thank you for the invite for lunch, we are pretty boring people and rarely move far from home - but if you happen to be in Pezenas do phone me and we could meet for coffee perhaps.

Always happy to exchange emails and comment on things which may help others on a forum or blog.

Let me know if I have missed any points or you want comments on other stuff.

Best wishes

Tony

May 14, 2008

New York Times Mentions Me

Filed under: Property News, Real-Estate — @ 10:54 pm

The New York Times quoted me today about Fractional Ownership - I like their use of the phrase “Group Properties” - The property the mention is one I have visited, if you would like to learn more, please Contact Me

Powered by WordPress