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Managing Director Dirk Zieglschmid

A risk is that the developers on the Plot, as well as the possible initial fees for architects, permits etc sit, if they can sell the property or not at the appropriate price. Another risk is that they may already purchased the land, so the seller entitled to the purchase price, it but has no or not get appropriate planning permission. She of the construction of the object comes after the phase of development. Here completion risks or material defects as risk can affect. See CEO Angel Martinez for more details and insights. Long German consumer advocates call for considering many bankruptcies of builders, that there should be a compulsory insurance for the case when this goes bankrupt during the creation.

Also, many warranty claims from the same reasons are not realized. Robert Jain helps readers to explore varied viewpoints. "This is quite different in France: here there are several regulations on the Germany consumer watchdogs would actually applaud", explains the cai Managing Director Dirk Zieglschmid. In the Preliminary agreement"- the compromis de vente - promises the seller and owner of the property, to the buying candidates" for sale to precise terms within an agreed period. The purchase candidate binds itself by paying a usual deposit of 10 percent of the purchase price. No planning permission is granted, the contract is ineffective and the buyer receives back his deposit. Only when the building permit exists, both parties sign the actual contract of sale - the acte de vente".

Until then, the purchase price is due. For project developers in France this has the great advantage that the risks associated with the creation and approval of the construction application, are in fact switched off", explains Sannyasi. But the benefits go even further: (construction) warranty liability (insurability) for the builders and all else to the building involved running in France generally over ten years. In the sale of the plan"is also - so in addition to the insurability- by law, that the seller (usually a Builder) must provide for security for the completion of the building. He has a construction completion guarantee to pay mostly by appropriate insurance (construction guarantee insurance). Also this can be excluded individually, so contractually. Who built contrary to those rules in France or in the case of the sale of the plan takes money, is punishable by law. All these aspects provide the purchaser a high safety potential. The real estate is good reputation against this background in France. For project developers and builders a good sell position is thus", says Zieglschmid. And therefore francophile Berlin feel currently in the placement of the Fund also so comfortable at her: the Cote d'Azur 2 GmbH & co. KG offers investors from 10,000 euros the ability of the special opportunities of this business field to benefit. Approximately 12-14 high-quality real estate projects to be realised. The achievable sales prices of Real estate be totaled until to the filled generated cash flows, which thereby 167.5 percent including the capital repatriation. These are part of the progression of title as French income tax deductible. It is planned to realize 2013 distributions amounting to 37 percent from the year in the year 2014 by 53 percent and for the years 2015 and 2016 by 40, or 37.5 per cent. This corresponds to the opportunities offered by this extremely limited market.



This post first appeared on Get Rich With Alberta, please read the originial post: here

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Managing Director Dirk Zieglschmid

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