{"id":31722,"date":"2026-09-07T18:14:40","date_gmt":"2026-09-07T16:14:40","guid":{"rendered":"https:\/\/www.stoneandliving.com\/advantages-of-new-build-property\/"},"modified":"2026-09-03T18:03:14","modified_gmt":"2026-09-03T16:03:14","slug":"advantages-of-new-build-property","status":"publish","type":"page","link":"https:\/\/www.stoneandliving.com\/en\/advantages-of-new-build-property\/","title":{"rendered":"The advantages of new build property"},"content":{"rendered":"\t\t
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The advantages of new build property<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Property<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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New build<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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In 2025, 64,867,000 new homes were sold in France. The highly regulated new-build sector favors homeowners by offering them solid guarantees and numerous benefits. <\/p>

New-build properties are often marketed under the term VEFA (sale before construction completion), also known as off-plan buying.<\/p>

This status enables a developer to begin marketing some of the units in a building prior to construction in order to obtain a financial guarantee of completion (GFA).<\/p>

The latter is a key element in guaranteeing that the site is finished properly, and in securing the buyer’s rights of recourse in the event of a construction fault.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Low maintenance costs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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No major works are required for several years on either the private or communal areas. In general, the latest technological and environmental standards have been anticipated. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Personalise your home<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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One of the major advantages of buying off-plan is that you can personalise your property by modifying the living space, choosing the floor coverings, kitchen and bathroom furniture, and so on.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Financial benefits<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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New-build properties are exempt from property tax<\/strong> for two years if the local authority has approved this.<\/p>

If you are eligible, you may qualify for a zero-rate loan (PTZ)<\/strong>. Acquisition grants are available subject to certain conditions. <\/p>

Diff\u00e9rents dispositifs fiscaux LMNP<\/a><\/strong>, LLI<\/strong><\/a> ou encore Jeanbrun<\/a><\/strong> permettent aux investisseurs de b\u00e9n\u00e9ficier d’avantages financiers et fiscaux, dont un taux de TVA r\u00e9duit lors de l’acquisition, voire d’une r\u00e9cup\u00e9ration compl\u00e8te de la TVA, de r\u00e9ductions d’imp\u00f4t pouvant aller jusqu’\u00e0 une d\u00e9fiscalisation des revenus locatifs. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Updated standards<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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All new buildings are required to comply with the latest building regulations (RT 2012 for all planning applications submitted before 1 January 2022 and RE 2020) from that date onwards.<\/p>

The buyer therefore enjoys a comfortable lifestyle and energy savings whilst keeping costs under control.<\/p>

The HPE* and THPE** labels complement the RT 2012 standard and offer an additional energy saving of 10 per cent (HPE) and 20 per cent (THPE). <\/p>

These labels no longer apply to buildings subject to the RE 2020 regulations, as the latter are already more stringent. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Reduced notary fees<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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New-build properties are subject to VAT. Notary fees are reduced and generally amount to around 2.5 per cent of the sale price (as opposed to 8% for resale). <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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*High energy performance **Very high energy performance<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Avantages<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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for the buyer<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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VEFA<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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sale<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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1. Reservation<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Buyers reserve their homes by signing a reservation contract with the vendor (developer). The document sets out the agreement reached on the price, the conditions of sale and the property itself. <\/p>

Attached to the reservation contract are the site plan, the flat plan, the property description, the car park plan and the administrative documents, such as the ERP (Risk and Pollution Report) .<\/p>

The buyer then transfers the deposit to the solicitor\u2019s account; this is usually 5 per cent of the sale price.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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2. The deed of sale<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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When all the conditions have been met by both parties and the suspensive clauses have been lifted, the notary will provide the buyer with a draft of the deed.<\/p>

The notary calls for the payment corresponding to the work progress schedule on the day the deed of sale is signed.<\/p>

The buyer officially becomes the owner of their property on the day the deed of sale is signed, even if they do not take immediate possession of it.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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3. Progress on the construction work<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The owner of the off-plan property pays the developer directly into a centralised account as the work progresses. This phased payment, known as a \u2018call for funds\u2019, is set out in a payment schedule. It generally coincides with specific stages of construction: start of works, completion of the foundations, ground floor slab, etc., right up to the completion of the works, at which point there will usually be 5 per cent remaining to be paid before handover. <\/p>

The purchaser may ask the developer to carry out alteration work (TMA), which will give rise to capital gains or losses.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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4. Delivery<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Once the property has been completed, the buyer is invited to attend the handover appointment.<\/p>

On this occasion, the purchaser is invited to view the property and, where appropriate, to raise any objections should they identify any discrepancies with the property description.<\/p>

More and more often, developers organise a visit one month before the handover date in order to anticipate any reservations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Before completion<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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