Real estate from abroad: how does it work?
Thanks to digital technology, distance is no longer an obstacle in many industries, including real estate. The buyer and seller can easily manage a real estate transaction in France from abroad thanks to digital solutions that allow to dematerialize the documents as well as the process. How exactly does it work?
Real estate investment in France
Real estate investment is an investment that reassures the French, whether they are residents of France or expatriates. Indeed, it is the first investment choice for 70% of them.
The profitability of a real estate project presents a real convincing argument in terms of its leverage in particular: moreover, investing in this sector is considered to be the best performing choice for 20 years compared to the booklet gold, life insurance and equities.
Today, the context of the real estate sector in France presents a great opportunity. Interest rates are very advantageous: the average rate is 1.44% and often close to 1% on a 15-year loan.
How to manage your real estate investment from abroad?
Digital has attracted investors. According to the barometer #Digimmo 2018 conducted by Pierre and Vacations Advice, 82% of the buyers use digital as part of their real estate project.
Making a real estate investment remotely becomes much simpler. Many players in the sector offer digital services in order to attract French non-residents who wish to acquire and manage a property in the country. Digital technology plays an important role in the transformation of the market. Let’s take the example of visits: virtual reality, which has gained ground in real estate, allows the visit of properties remotely.
Let’s take the example of My expat which offers a 100% digital and secure solution and that allows any expatriate to realize his real estate project remotely, without any travel costs, without wasting time and above all without worries.
The management of the various stages of the real estate transaction is done through a dedicated and secure interface where all documents are shared.
It is no longer necessary to travel milesto France to visit a property or to sign administrative documents. This is a source of joy for expatriate investors.
How do you sell your property remotely?
Through the dematerialization of transactions,the sale of a home can also be done online, through real estate platforms like SeLoger, or others that are more focused on transactions between individuals as Pap.fr.
Digital tools represent an advantage for the seller: apart from removing geographical barriers, 80% of investors consider that online information enriches the real estate offering and 62% think that online searches are more digitally. In addition, consulting customer reviews is a reflex that many buyers already have. Indeed, 25% of the buyers say that digital increases their confidence in their real estate project. All these factors encourage the buyer, and therefore present more opportunities to any owner looking to sell his property.
My Expat also offers an easy solution for French expatriates who wish to sell their property located in Paris, Bordeaux or Lyon. The whole procedure is dematerialized and My expat also guarantees a selection of qualified buyers whose financing is validated.