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 2 Old VINTAGE fornasetti Antique FRENCH ART DECO print wall art room decor 2 $0.99 Time Remaining: 1d 22h 36m |
 1929 Pochoir Old French Woman Parasol Saintonge France ORIGINAL $53.18 Time Remaining: 27d 23h 27m Buy It Now for only: $53.18 |
 1928 MON OUVRAGE Old FRENCH HANDWORK EMBROIDERY PATTERN Album n122 $12.99 Time Remaining: 27d 14h 25m Buy It Now for only: $12.99 |
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 4 RETRO Old VINTAGE CHANEL NO5 FRENCH paris print LIVING ROOM WALL DECOR $0.99 Time Remaining: 1d 22h 40m |
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 2 Old VINTAGE fornasetti Antique FRENCH ART DECO print wall art decor $0.99 Time Remaining: 6d 23h 22m |
 Old Man Fishing Shoes Boot Fisfoudlo France French Vintage Poster Repro FREE S H $14.85 Time Remaining: 13d 20h 1m Buy It Now for only: $14.85 |
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 2 Old VINTAGE CHANEL NO5 FRENCH ART DECO Photo print LIVING ROOM WALL DECOR $0.99 Time Remaining: 6d 23h 22m |
 1929 Pochoir Old French Woman Costume Dress Briancon ORIGINAL $112.95 Time Remaining: 27d 18h 12m Buy It Now for only: $112.95 |
 2 Old VINTAGE fornasetti Antique FRENCH ART DECO print wall art room decor 2 $0.99 Time Remaining: 6d 23h 27m |
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Old French
French Property: Is The New Less Expensive Than The Old?
The price differential between new and old French property diminishes if one looks at a comparison of property cost over the last decade due to increased charges in the old properties.
Increased renewal works' have to be carried out on old property, notably those involving energy and safety, which have been classified as compulsory by the law. In the coming years, this will put a strain on the profitability of older houses. It is therefore more important than ever to make the correct calculations.
Some buyers' are satisfied. They prefer a new property over an old one because they wish to buy the property "hands' in pockets" without the constraints of re-development works'. For them, the comforts of heating and sound-proofing insulation, as well as standards of safety, are equally important. All this comes at a price that they are prepared to pay. For other buyers, only the price is important. They do not hesitate between a 70m2 new property at €280.000 and a 70m2 old property at €210.000. "Saving €70.000 is worthwhile", they say. Of course this is a reasonable point but the calculation isn't entirely fair.
The older properties bear more important burdens….
The cost of purchasing an old property plus the increased notary fees (6-8% instead of 2 – 3.3%) and the fees for renewal work, systematically ensures that if need be fees are incurred for inherited works' on the property. So, a face-lift for the property or a replacement boiler represents a significant cost. In a new building, these costs are practically non-existent for the first 10 years.
Expected to widen further in the coming years…
Spending should increase further in the future because of increases in planned works'. In fact, recent laws have been enacted due to the desire to protect the consumer and the environment by making some work mandatory and others', highly recommended.
Compulsory work
The law of 2nd July 2003 requires that private lifts installed before 27th August 2000, be upgraded in order to comply with current regulations. This process is set to last for 15 years (until 2018). For its part, the law of 3rd August 2009 relating to the establishment of the "Grenelle Environment" stresses that greenhouse gas emissions must be cut by 25% before 2050. In this way, the State has made it its goal to completely renovate 400,000 homes each year up to and including 2013.
This work will however be costly.
Highly recommended work
In turn, the increase in test techniques which are used before selling a property will generate increased costs' for a large number of old properties. The current tests concern the presence of lead, asbestos or termites in the property, the state of the gas and electrical fittings and furthermore, their energy output. From 2013, there will be an additional test on drainage systems which are unconnected to mains' drainage. It is very likely that other assessments will be added to the list in the future. These tests, which are designed for the buyer, are of course informative only. Except in major cases' (if a danger is proven), the seller is not obliged to start renewal work. Neither is the buyer, although perhaps they will do it all so that they can improve the safety of their home and reduce the energy bills'. The report increases the price of the property further. Even if the works' aren't carried out, the presence of these tests showing the problems of the property risk representing a potential "de-valuer" on the price, in light of an eventual re-sale.
"The new: less expensive than the old?"
In any case, it seems fair to add the total bill of these works' to the acquisition price of old property in order to gain a true estimate of its value. Our example earlier, the saving of €70.000 between properties, is without doubt considerably reduced. In the years to come, it is highly possible that for certain types of categories of properties, a decennial assessment between new and old will show that the new property has the upper hand.
About the Author
Matthieu Cany is Managing Director of Sextant French Property
What does the signature on this old French ink sketch read?
I have an old ink sketch that appears to be French, i'd like to know the artist and location, but i can't read the cursive annotated to it.
https://www.dropbox.com/gallery/3827353/1/Sketch?h=6ea09c
I can make out the date, 1880 on the bottom, but that's about it.
Any ideas?
On the left it says :" Barbizon, l'auberge Ganne en 1880" .
Barbizon is a village south-east of Paris, which became famous around 1850-1880 because a group of painters used to come and stay there, l'école de Barbizon, the Barbizon school of painters . All those pre-impressionist painters stayed in " l'auberge Ganne ". Auberge is French for inn .
I couldn't decipher the painter's name . The most famous are Corot and Millet .
Here is a list of Barbizon painters . See if you can find a matching name .
Corot, Rousseau, Millet, Daubigny. Théodore Caruelle d'Aligny ,Lazare Bruandet, Charles Jacque, Dupré, Constant Troyon, Diaz, Charles Olivier de Penne, Harpignies, Ziem, Eugène Lavieille, Jules Breton, Jean-Ferdinand Chaigneau, Jules Jacques Veyrassat, Albert Charpin, Charles Le Roux, Jules Coignet, Paul Tavernier, Emile van Marcke..
Tchaikovsky-Old French song