Property price negotiation in france: what is average near you?

THE CURRENT CLIMATE IS GIVING MORE ROOM FOR MANOEUVRE People looking to buy property in France can negotiate, on average, 6% off the price of a house or flat – the biggest room for manoeuvre

since 2010. The figure, which refers to prices at the end of 2022, has increased around 50% nationally over the past year, according to the LPI-SeLoger barometer. READ MORE: WHY FRENCH

PROPERTY PRICES ARE EXPECTED TO FALL 5-10% IN 2023 The margin of negotiation measures the difference between the advertised price of a property when the _mandat de vente_ is signed between

the seller and estate agent, and the final sale price. House prices tend to be more flexible, the statistics show, with a 6.4% margin compared to 5.6% for flats. And you can knock the price

down even more in rural regions, with margins of almost 9% on houses in Picardy, 7.42% in Lower Normandy and 7.18% in Nord-Pas-de-Calais. MARGIN OF NEGOTIATION IN YOUR AREA However, the

figures do not necessarily equate to increased purchasing power for buyers, warn experts. READ MORE: HOUSE SWAPPING IN FRANCE GAVE US A DREAM FAMILY HOLIDAY IN GRENOBLE "Access to

credit has become considerably more difficult for households in recent months," Michel Mouillart, spokesman for the LPI-SeLoger barometer, told Capital. While in December 2021 people

could borrow €223,896 on average, by December 2022 that amount had fallen to €194,020. People’s buying power is also affected by a rapid increase in the price of property over recent years,

especially 2020 and 2021. RELATED ARTICLES PROPERTY BUYERS NOT ATTENTIVE TO NATURAL HAZARDS, FRENCH EXPERTS FEAR WHY FRENCH PROPERTY PRICES ARE EXPECTED TO FALL 5-10% IN 2023 THE FRENCH

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