Buying off plan in France
Discussion
I bought a house off plan in the South if France.
House delivered 2 years late and then spent 3 years in and out of court suing the builder. He then declared himself bankrupt. I had retained some of the final stage payments but the amount I had retained was significantly less than the amount if "won" in court.
Notwithstanding the above - I got the house at a great price and have made a good paper profit.
So - ensure you get v clear late delivery clauses in the contract
House delivered 2 years late and then spent 3 years in and out of court suing the builder. He then declared himself bankrupt. I had retained some of the final stage payments but the amount I had retained was significantly less than the amount if "won" in court.
Notwithstanding the above - I got the house at a great price and have made a good paper profit.
So - ensure you get v clear late delivery clauses in the contract
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