03.03.2010 0

Real Estate: Russian oligarch ordered to pay lost deposit to Lily Safra

Villa Leopolda Russian loses

A court in Nice has ruled that the cool 39 million euro deposit put down by a Russian nickel magnate on the world’s most expensive property is not reimbursable.Read more …

26.02.2010 0

Real Estate: Law voted in this week to prevent 800 deaths a year

Smoke detectors a must

The French parliament has voted to make installation of smoke detectors in every home compulsory, nearly five years after the bill was first proposed. Read more …

16.02.2010 0

Real Estate: It can pay longterm to buy a new build

Scellier: A taxing friend

A sparkling living room with white sofa in a brand new property with sea views from the window

It is perhaps no coincidence that the French government simply added an S to the word "cellier", meaning cellar, when it came to naming a new property law that gives landlords hefty tax breaks. Since its introduction in 2009, the loi Scellier has been a key initiative to help lift the crisis-hit real estate industry from dark and gloomy depths into the light once again.Read more …

02.02.2010 0

Real Estate: If you want a property to live in all year round, try to look at it in winter when prices are lower and you can see the drawbacks

Viewing in the winter

The winter months are traditionally fairly quiet for real estate agents, which is positively good news for property buyers, as those homes that have been on the market for some time tend to drop their prices. Also, if you are planning to buy in this region for all-year round residence, then visiting properties in winter should be considered an essential part of the buying procedure. Read more …

28.01.2010 0

Real Estate: Nice and Vintimiglia seem set for a fight over the Swedish furniture giant

Which town will win the battle for IKEA’s new site?

Four years of battling with the Mouans-Sartoux community over a possible site for their proposed new store, has obviously tested the patience of IKEA, the famous furniture company. Read more …

17.12.2009 0

Real Estate: Reneging Russian buyer fights to get back lost deposit

Still squabbling over Villa Léopolda

The Russian nickel magnate who persuaded Lily Safra to sell her fabulous Villefranche villa for 390 million euros and then withdrew from the sale is still fighting to reclaim the 39 million euro he put down as a deposit.Read more …

26.11.2009 0

Looking for property along the dinky Nice to Digne-les-Bains railway line ($)

A train ride away from a new home

A view of the village of Digne with the rolling green hills and valley behind

Keen on moving up into the hills? Why not catch the 12.55 to Digne to check out the property potential. Operated by the Chemins de Fer de Provence, the tiny Train des Pignes three-and-a-half hour journey starts off in the Alpes-Maritimes and ends up in the Alpes-de-Haute-Provence . Read more …

05.11.2009 0

Real Estate: State ensures capital gains are paid by non-resident owners ($)

Unfair law costs you to sell

David Theoff in the doorway of his home

Englishman David Theoff is incensed by French property laws, which he says discriminate against non-resident foreigners when they want to sell their homes in France. Read more …

28.08.2009 0

Real Estate: Property market climate in Var ($)

Ins and outs of Var

building

We explain the department’s property market climate and advise on how to capitalise on the current situationRead more …

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Mortgage brokers

Financial Institution Mike Lorimer RFP Riviera Financial Planning sarl
Contact Mike Lorimer
Tel: +33 (0)4 93 74 73 35
Email: info@mikelorimer.com
www.mikelorimer.com		 Yves Derrien
Tel: +33 (0)4 9300 1171
Email: yd@rfp.fr
Languages spoken English English
French
German
Description Specialising in helping international clients obtain mortgages, re-mortgages and equity releases for French properties. Real estate financing in France provided by European banks and unit-linked life insurance provided by a range of European insurance companies. International financial advice.

Mortgage conditions

Financial Institut JYSKE Bank Crédit Foncier BNP Paribas
Contact Ole Lien
Peter Andersen
Camille Marne
Tel: +33 (0)4 93 39 39 00
Fax: +33 (0)4 93 39 39 02
Email:info@jyskebank.fr
www.jbpb.fr		 Valerie Scomersich
17, Bd Albert 1er- BP54
98011 Monaco cedex
Tel: +377 (0)97 97 01 41
Mob:+33 (0)6 07 31 73 21		 Caroline Marche
23 rue d'Antibes,
06400 Cannes
Tel. +33(0) 4 93 06 34 45
Mob. +33(0) 6 64 01 68 68
caroline.marche@
bnpparibas.com
Languages spoken English
French
Danish
German
Swedish
Norwegian		 English
French
German
Italian		 French
Italian
English
Interest p.a.
variable		 3 months
variable rates
EUR 3,6%
USD 3,2%
GBP 3,5%
CHF 3,15%
JPY 3,20%		 YES YES
Interest p.a.
fixed		 3 months interest period.
5-35 years with max10 years interest only.
Min. loan € 250,000.		 10/15/25 years
Please contact us for a personalised offer.		 10 years: 3,90
15 years: 4,10
20 years: 4,30
Loan Ration Max 65% of valuation.
Up to 100% with extra
collateral.		 80% of purchase price 70% of purchase price
Sanctioning Process 7 days 2 days 3 days
Mortgage Insurance No Yes Yes
Fees 0,5 %
min. € 750		 1% 875 €

To be listed here please call +33 (0)4 9700 1133

Local Top Stories

TGV arriving at Paris station

Nice-Paris TGV fast train accident ($)

This morning’s TGV n°6172 and the TGV n°2902, which left Nice is currently stopped between Aix-en-Provence and Avignon due to a person being hit at 9.20am. Read more …

photomontage of the Odeon skyscraper

Foundations of Monaco skyscraper are laid ($)

After long months of tortuous negotiations and discord, the 370 million euro contract with Vinci Construction has finally left the ground. Opponents of the project – including some residents of neighbouring Beausoleil who will be overshadowed by it – brought their protest all the way to the President Nicolas Sarkozy but to no avail.Read more …

Hauschildt at a dinner function with Romana Labunski on the right and Pamela Schutzmann on the left

To catch a swindler and a swine ($)

The Riviera Times have joined the hunt for a dangerous criminal, convicted of fraud in the UK and wanted under a European arrest warrant. Since 2008, Mogens Hauschildt, 68, has been on the run with one million pounds belonging to 87-year-old widow, Pamela Schutzmann. Read more …

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