France-Spain
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Information about buying Real Estate in France and Spain ( france-spain.com )
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Most popular businesses for foreigners to be involved in, is in the tourist industry. Many started a bed and breakfast, gîte, campground, bar or a agricultural business as a vineyard. It is good to start something that you know of and not to big to handle. If you are thinking of a bed and breakfast, it is best not to start with a huge castle and happily intend to renovate with the income of the business. Many foreign investors lost their savings because they started with too big of a project. There are many foreign entrepreneurs in the tourist industry and they almost always want to tell you about their experience. |
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There are hundreds, if not thousands of ancient buildings for sale in France. You can buy them in any phase of renovation. If you are not a professional in construction, you may want to look for a building that is at least partly renovated. These castles were built for different purposes than today's standards. It was merely a place to hide from canon balls and arrows, which is less of a threat in today's France. The walls are often more than 4 feet thick and it requires a little more effort than to move a wall of sheet rock. If you are renovating a building with historic meaning, you may want to consider to list your property as such. |
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Even though it will restrict you in your efforts to renovate the building, it also protects you in a way. Castles have proved to be a excellent marketing tool to advertise for amusement parks and campgrounds. Chances are that if you are done with renovating, you will get a campground or tourist trap as a neighbor. If they purchased the grounds legally, there is not a whole lot you can do about it. Unless your castle is listed as a historical building...
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| disclaimer:By using the contents of this site you accept our user agreement. All contents are intended as study material and a general guidance. It does not substitute professional legal advise. We advise readers to contact the authorities before making any legal or tax involving decisions. | |||||