Oldstonesblog

The quest for a French house with a soul

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Plane pass on French gîtes’ tax benefits.

rabot

From January 1st, 2016 the fiscal plane has been passed on the tax benefits enjoyed by gîtes owners in France who have chosen the simplified tax regime called micro BIC.
Until then for a maximum rent allowance of 82,200
they could flatly deduce 71% of their rental incomes before taxes were levied (income tax + social tax at 15,5 %).

Now, the deduction decreases to 50 % and the maximum rent allowance slides down to 32,900 € (the same as for non registered furnished lettings). Note that this will not apply for the tax returns on tax year 2015 to be filled soon. The plane pass will be made on rental incomes of FY 2016 to be declared in 2017.

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Ibuprofen or property finder ? Make a choice.

headache all the time

The added cost of a property finder is obvious while the incentives are unclear. Why pay someone to search for a house when one can do it for free with the help of technology and blogs, and have fun still ? Expat magazines are full of house hunting success stories that tell “yes, you can”.

The dark side of the moon is that the media usually forget to mention the fiascos and problems. Buying a house in France can be challenging, risky and costly before getting to the first sip of wine with a bright sunset on the terrace. I recommend visiting sites such as the Survive France Network to get no dark but not too rosy a picture.

How hiring a property finder can help prevent the dream journey into landlord ship to turn into a painstaking battle ?

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What is the spring trend for French cities property prices ?

The French website Meilleursagents.com published its last edition of a price observer that points some interesting trends.

In big cities prices are quiet, even on the one year period. Nantes remains far ahead, strengthening its reputation as the most attractive destination for internal migrants.

The pertinent ITI (number of buyers per property for sale) underlines an obvious lack of buyers on the urban real estate market.

widget_barometre_ma_1er_mars_2016_national ENG

The observer that is accessible here  (in French) gives some key points for the understanding of the current situation:

  1. A resumption of the interest rates’ decrease (-0,2 % in February) that boosts buyers capabilities

  2. This buying stimulation intervenes as the market nears its high season, when first buyers, investors and families are more numerous.

  3. These two factors make prices rise or attenuate their fall while, in the meantime, there is still a shortage of solvent buyers.

  4. Increase in deals is true but conditions for a lasting recovery are still not present.

Finding THE Place For A New Home Is like Piling Up Matryoshkas.

10 good reasons to choose your wallpaper – 7 criteria to select your cat’s basket – 8 worst places to live in No man’s land… Numerals are trendy on house hunters social media, giving a (flawed) impression of completion and expertise.

I suppose this fascination is a kind of brainchild of the Big data. The more data the better the choice is the motto of the day and estate agents websites nowadays are competing in piling up search criteria in their apps.

But does reading a post about France 10 best B&Bs help choosing a good B&B location ? What to do ? Do the same as the Top ten or exactly the opposite ? Be a cautious but smart follower or a risk loving explorer ? 

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Living with the winds

vent-arbre

Wind is the bulk movement of air -Period. Each of us knows what wind is. Sailors, kite surfers, cyclists and distinguished owners of numerous defunct umbrellas know more.

Actually there are winds and winds. Some of them are global resulting from the difference in absorption of solar energy between the Equator and the Poles. Others are local generated by the heating of land surfaces and usually lasting a few hours. According to the wind’s strength we speak of squalls, breezes or gales, or eventually storms and hurricanes.

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Tags for a dream house.

When working out the profile of our dream house we usually draw a mental image of a property that reflects family members’ personalities and expectations.

This picture is often influenced by the house magazines and websites with their “stunning”, “amazing” perfectly decorated properties surrounded by superbly maintained gardens. As experienced house hunters know too well, flawless properties do exist but never match their budget. More often, what they view demonstrate that aesthetic inclination is something we, humans, don’t understand the same way.

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A new blog

New House

This is the new blog of an old stones lover, un amoureux des vieilles pierres.  Old stones in French means houses with character, properties with a story, places where one can read on stones the search for beauty and harmony of ancient dwellers.

I am not an archeologist. I am a property finder. With this blog I want to share experience and knowledge with people interested in French houses.

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