Second box of our Advent calendar! 🎄✨ This morning, we’re talking to you about a relatively common project: the acquisition of a second home. To be more precise, we are talking here about the purchase of a pied-à-terre, that is to say accommodation intended to be occupied occasionally. In France, there are more than three million! This concerns a third of properties in the mountains and almost 20% of those on the coast.
Even if this project is in theory accessible to tenant households, it is mainly among individuals who already own their main residence that we find buyers. Indeed, if you arrive at retirement having repaid the mortgage loan on your house, it becomes more easily possible to embark on this new purchase. It is therefore no coincidence that most second home owners are over 60 years old.
How to finance your pied-à-terre?
So we come to our tip of the day! 🎁 As Cécile Roquelaure, director of studies at Empruntis, points out, “ Financing a second home meets the same criteria as that of a primary residence “. However, it should not be concluded that the projects are identical: “ banks will often require a larger contribution, and above all greater budgetary room for maneuver ».
This type of purchase actually leads to additional regular expenses: “ the property, which will not be inhabited all year round, will in fact require greater maintenance costs “. Before getting started, it is therefore crucial to measure the impact of the project on its future costs.
It is also relevant to optimize your financing. This is where a broker can be useful to you: thanks to his knowledge of the market and his expertise, this professional supports you in your efforts and negotiates for you the solution best suited to your profile.
Take advantage of our expertise at the best rate!
from 3,75% over 15 years(1)
2023-12-02 11:18:00
#Case #finance #piedàterre
