NEW BUILDING - THE ADVANTAGES OF NEW HOUSING
The advantages of buying a home in a new build development.
When buying a new property, it is possible to benefit from a reduced TVA rate of 5.5% if the new flat is located in an ANRU (Agence nationale de renouvellement urbain) or QPV (Quartier prioritaire de la ville) zone or within 300 metres of it and does not exceed the price per m² ceiling set by the State.
REDUCED NOTARY FEES
You can take advantage of reduced notary fees when you buy a new home, whether it is a new flat or a new house. The notary’s fees are therefore only 2 or 3% of the price including tax, instead of 7 to 8% for an old house. These are known as reduced notary fees.
Please note: since 1 January 2013, a home sold for the first time within 5 years of its completion is no longer considered a new home benefiting from reduced notary fees. The buyer must therefore pay the notary fees applied to an old flat but will not be subject to TVA.
When you buy a new home, you can add your own personal touch to your future property. Whether it’s the flooring, interior finishing such as removing or adding a partition wall. It is also possible to add electrical outlets, transform a kitchen, enlarge a bathroom, create an office, create a wardrobe and much more.
More and more developers are concerned about the improvements that can be made in the construction of new homes. The majority of new homes are designed to reduce energy consumption and save you money. The most efficient materials for thermal and sound insulation are used in addition to double glazing. The most advanced heating systems are chosen: radiators, water heaters, and other latest generation equipment, high energy performance boilers.
The ten-year guarantee is compulsory insurance for builders. Its purpose is to guarantee their liability towards the client. It covers, for a period of 10 years from the date of acceptance of the work, any defects that render the work unfit for its purpose or compromise its solidity.