Le Blog de SOFIME Relocation | News, conseils et bons plans

50 Google reviews with 4.9 stars !

50 Google reviews with 4.9 stars !

🚀 50 Google reviews for SOFIME Relocation 🚀

SOFIME Relocation has reached 50 Google reviews with 4.9 stars !
Client satisfaction is essential at SOFIME Relocation. That is why we try to provide the best possible client experience.
To that end, your reviews are precious to us. Not only do they reward the efforts of our collaborators, but they also act as a booster for improvement for all of us.
Thank you, dear clients, for these constructive and warm reviews.
If you are interested, you can read them here -> https://bit.ly/3M1CK07 

🇬🇧Paris: is the COVID-19 rent price fall durable?

Paris: is the COVID-19 rent price fall durable?In the course of 2021, studies showed that real estate searches for Paris dropped significantly. Areas such as Brittany for instance were on a high rise. One could think that since Parisians were “deserting” the capital for more green or blue, the housing market should have been more accessible to those who decided to stay or those who chose to settle there.

Well, that did not happen… or at least only temporarily. Surprisingly, rent prices in Paris have never been higher than they are now!

It all started with a promising trend for tenants. Indeed, rental prices suffered their first decrease in over 20 years during the first and second lockdown in 2020. A lot of people were traumatized being locked-in for months in their tiny apartments. And decided to leave the City of Lights to find bigger ones or even houses, that they could never even dream of having in Paris. This had a strong effect on provincial rental markets, bringing consequently local rent prices up. 

However, looking at the bigger picture, the “COVID decrease” in Paris was nothing compared to the 26% rise of the 10 past years…

Moreover, since life has taken its (almost) normal course again, rents have risen consequently in Paris to compensate the losses that some landlords had to put up with for nearly a whole year. 

In rent-capped areas, such as Paris and some close suburbs, the maximum price paid for a meter square is set by local authorities. That is how they prevent soaring prices. But even those have risen in average by 1,5%. Rents are rising in all arrondissements, and the line becomes thinner and thinner in terms of price differences. Indeed, a lot of popular / peripherical areas display big jumps, showing a smothering trend on prices.

Additionally, since COVID restrictions are fewer, foreigners and expats are coming back to Paris as company transfers start again. And we can definitely witness that they are adding up to the pool of an already very strong demand. Even if they usually stay away from vibrant / popular areas and turn to safe bets, such as the West of Paris. 

All in all, it seems that the Parisian rental market is reaching again a balance. And it is now confirmed that, unfortunately, tenants’ hopes were illusory. And that eventually, rents will remain extremely high in Paris…

2021 –> 2022 = a new year in numbers 🎉


🇫🇷 Toute l’équipe de SOFIME Relocation (Sophie, Agathe, Alexandra, Mariam, Bérengère et Armance) vous souhaite une belle année 2022, en vidéo, via notre désormais traditionnel film de fin d’année ! Après les montagnes russes de 2020, puis le petit train de la mine de 2021, à quoi va finalement ressembler 2022? Pour l’instant chez SOFIME Relocation, nous sommes bien engagées sur la grande roue! En effet nous prenons de la hauteur doucement mais surement. Et la vue est très appréciable!
 
Vous souhaitez voir la vidéo de 2021? Alors c’est par ici ! Et celle de 2020? C’est par là!
🇬🇧 The whole team of SOFIME Relocation (Sophie, Agathe, Alexandra, Mariam, Bérengère and Armance) wishes you a happy new year 2022, through our traditional end of the year video ! After the rollercoaster of 2020, and then the small mine train of 2021, what will 2022 eventually look like? For the moment, SOFIME Relocation is well embarked upon the big wheel! Indeed we rise slowly but surely. And the view is rather pleasant!
 
You wish to see the 2021 video? Here it is ! And the one from 2020? Just right there !

🇬🇧 100% of 5 stars Google reviews !

100% of 5 stars Google reviews !

We just hit 30 Google reviews ! 100% of 5 stars Google reviews for SOFIME Relocation, in other words our clients satisfaction is at its highest.
Thank you all for your warm messages!
It is true we throw ourselves at 200% into each of our missions, as it is our passion. Most importantly, all your messages are going straight to our hearts ! It is gratifying and moreover it boosts our involvement and determination, always to provide the best of services to our clients! Hence, you can fully trust SOFIME Relocation to be your best ally through your relocation to France.

???

🇬🇧 2021 = big + changes for SOFIME !

March comes with twists and turns at SOFIME Relocation, and it’s all for the best!
The SOFIME team is in full transformation 🙂

  • First, Agathe will be away for a few months for the best of news because she welcoming a baby! See you next summer !
  • Second, Joana, our new recruit, just joined SOFIME Relocation! Multilingual and full of spirit, we are welcoming her warmly this month.
  • And third, Alexandra just moved to Switzerland, to follow her husband. However there is a but, and a good but! Indeed she continues working for SOFIME Relocation… from there! Those last months have convinced us that home office and efficiency go hand in hand, when properly organized. Yet… she will regularly come back to deal with some missions, because she already misses fieldwork!

As you probably understood, the SOFIME team is coping great with unexpected events!
In a bit more than one year, we have welcomed in our team 4 collaborators, with complementary skills and personalities, which are backing our growth and development with passion.

Sophie, Diane and Alice are sticking by their daily job, always ready to handle new missions: for them, change is not for now!

Happy New Year 2021 ​🥳 !

🇫🇷 Une année 2020 particulière, particulièrement chez SOFIME Relocation! Evidemment nous avons maintenu la barre coute que coute. Et nous avons tenu le cap. L’occasion ici de féliciter toute l’équipe de SOFIME Relocation. Car nous nous en sortons haut la main!  Cliquez sur la vidéo, pour un petit aperçu de notre année, et de l’atmosphère qui règne dans notre équipe.
Nous sommes experts de la relocation à Paris et en France depuis plus de 10 ans. Par conséquent, nous assurons tout service en lien avec la mobilité professionnelle. Et cela toujours avec le sourire!
 
🇬🇧 2020: a particular year, particularly at SOFIME Relocation! Undoubtedly we maintained the helm no matter the difficulties. Hence we stayed the course. As a consequence, we seize this occasion to congratulate the full team of SOFIME Relocation for their efforts. Because we came out on top! Please click on the video, in order to see a small preview of our year, as well as to get an idea of the atmosphere that prevails in our team.
We are experts in relocation in Paris and in France for over 10 years. Hence we offer any type of service linked to professional mobility, and always with a smile on!

🇬🇧 Costs to foresee when relocating

During a relocation, one does not necessarily realize that there will be a lot of payments to make at the same time. So as to prevent bad surprises, you need to foresee all the costs. And you need to have sufficient funds in your bank account on the D-Day ! SOFIME Relocation helps you get a better idea of how much you will have to spend upon arrival.

     → 1st rent

Depending on when your lease starts and how the rent is calculated, you will have to pay either a full month rent, or a prorated rent. The latter will be based on the amount of days covered by the lease in the first month.

     → Deposit

For a primary residence personal lease (which is the most common lease), the deposit is 1 month rent (charges deducted) for empty apartments. On the other hand it is 2 months rent (charges deducted) for furnished apartments. If the rental lease is a company lease, or a secondary residence lease, it might be even more! (see our article about the different types of leases, as well as the one about furnished / unfurnished apartment, for better understanding).

     → Agency fees

For a primary residence personal lease, the agency fees are regulated by law. Hence it can be maximum 15 euros per sqm (incl. administrative + check-in fees). However, for company leases and secondary residence leases, there is no maximum. As a result they can rise up to 13% of the annual rent. But if you rent your apartment directly with the owner, there are no agency fees.

     → House insurance

In France, having a house insurance is mandatory. As a consequence you need to subscribe to a house insurance as soon as you have signed the lease contract. The estate agency will ask you to provide an insurance attestation on the day of the checkin in the apartment. Importantly, if you do not have it, you will not get your keys… So make sure your housing insurance is valid starting the 1st day of the lease! The insurance contribution depends on the size of the apartment, how much protection you want against risks and on the value of your belongings. Count for a small 2 room apartment around 150 euros.

     → Moving costs

If you move with your furniture, do not forget to foresee the cost of moving. From one country to another, it can be very expensive.

🇬🇧 Furnished apartment or not? That is the question!

     Before starting to look for an apartment, you need to decide if you would prefer a furnished or empty one. Of course this will depend on your own situation. For one thing, furnished apartments are more expensive in France than empty ones, and both type of contracts do not follow the same rules. SOFIME Relocation helps you find here all the important things you need to know in order to make up your mind:

     → Furnished apartments

A furnished apartment is defined as a decent accommodation. It should have a sufficient number and quality of furniture to allow the tenant to sleep, eat and live properly. According to the law (and in case of Bail Loi Alur only), a furnished rental lease follows the subsequent rules: (See our article about the different types of rental leases existing in France for better understanding):

     – 1 year duration with tacit renewal.

     – 2 months deposit (excl. charges).

     – 1 month leave notice for the tenant.

     – 3 months leave notice for the landlord.

     → Empty apartments

An empty accommodation consists of an apartment without any piece of furniture (nor fitted kitchen). The rules of this type of rental are different from those of the furnished rentals. And they are once again following the law (in case again of Bail Loi Alur only).

     – 3 years duration with tacit renewal.

     – 1 month deposit (excl. charges).

     – 3 months leave notice for the tenant, shortened to 1 month for densely populated areas (such as Paris). You can find the list of areas considered as densely populated here.

     – 6 months leave notice for the landlord.

     → TIP:  In any case – furnished or unfurnished apartment – the landlord can terminate the contract in 3 situations only:

     – When he/she wants to live himself/herself in the apartment, or he/she wants to accommodate someone from his/her own family.

     – If he/she wants to sell the apartment

     – Whenever he/she has a serious and legitimate reason to do so (for example if the tenant is not paying the rent, if the tenant damaged the property, or in case of neighborhood disturbance).

🇬🇧 Rentals in France: what are you signing for?

When you sign a lease contract, there is an agreement between the tenant and the landlord. Indeed the tenant commits to paying the rent as fixed in the contract whereas and the landlord commits to giving the tenant private tenure of the property.
In France there are several types of lease contracts. SOFIME Relocation gives you all the details about those:     
 
→ Personal lease for primary residence called “Bail loi Alur”
It is the most common lease in France. First it is a lease contract you sign in your name. And secondly, it applies to the situation where the apartment / house will be your primary residence. This contract is defined and controlled by the law in order to protect the tenants. As a consequence, there can be no tricky clauses. Of course as long as you see written on the contract “loi Alur 1989”
Agency fees are regulated by law (maximum 12 euros per m2 for the lease writing, and 3 euros per m2 for the check-in process).The deposit is limited to 1 or 2 months rent. Moreover the rental length in time is regulated, as well as the rules applying in case of departure. Those conditions depend on the fact that the apartment comes furnished or not.     
 
     → Company lease, called  « Bail Code Civil – Bail société” 
This type of lease applies to situations when the company rents the apartment / house for its employee. This type of lease is not regulated by law, which means anything can basically be written. That is why it is important to read carefully all the details of the contract, so that you are fully aware of all special conditions.     
 
       Secondary residence lease called “Bail Code Civil – résidence secondaire”
This type of lease applies only when you rent an apartment / a house as a secondary residence. It means you own or rent another place as your primary residence. The terms of the contract are freely defined between the landlord and the tenant, just as for the company lease: rent, notice period, rental length etc.

🇬🇧 THE RENTAL MARKET IN PARIS


What you need to know to start your home search
with the right mindset !

     Renting an apartment abroad is not a simple matter, especially if you do not know the country you are moving to… You have to ask yourself the right questions about what would fit you better. 

You also need to be aware of the real estate market of the city you chose to live in, so that your expectations match reality. From one city/country to another, you do not have the same standards for a similar budget. Especially in Paris, which often comes as a surprise for foreigners! Here is SOFIME Relocation insight about that:

     Demands exceed the offers

     France being a very centralized country, Paris has become the densest market for rentals. In Paris only, 2,2 millions people are living, and Ile de France (the administrative area comprising Paris) has more than 12 millions inhabitants, which corresponds to almost 20 % of the full French population (living on 2% only of the area of France). As you can understand, the housing market is constantly under pressure, and very dynamic.

Paris architecture is protected by law, and new constructions are scarce. The pool of available apartments is not growing, and hence is not following the demand. In the end, it means that there is a lot of competition: for every apartment available, there will be several applicants. And when an apartment is put on the market, it is usually rented in the next two days. So there is no time to think or ask for a second visit! This is less true for big apartments i.e more than 90 m2, and furnished ones.) 

     Rent prices are skyrocketting

     Because of the high demand, prices for rentals have massively increased in the past years. It reached a point where the government had to intervene, and implement rules. Now, in Paris and its close suburbs, there is a maximum price per square meter that cannot be exceeded. Now it is fixed by law depending on the district the apartment is located in. You can find here the detailed information.

This is theory. In reality, things are not as clear. If an apartment has something more than the average, landlords are allowed to exceed the price limit. (i.e high ceilings, amazing view, luxury furbishment etc.). And it seems in the facts that every apartment in Paris is exceptional, because this rule is constantly twisted!

     What is a typical parisian apartment?

     Because new constructions are rare, there are not that many modern buildings. A typical flat in Paris is around 45 m2, comes in a 19th century building and has wood floors that crack when you step on them. It will almost never have an air conditioner. Nor several toilets for instance ! Also, if a lot of old buildings have been equiped with elevators in time, most of the ones in the heart of Paris do not have one, as the staircases are far too narrow to welcome one!

 → Our piece of advice: 

Prioritize your criteria, because the perfect apartment does not exist. Hence you will always have to  make concessions! Therefore be sure of what you want and what you need before the visits are planned. You will have to make up your mind the same day in order to send your application! And do not  worry, with SOFIME Relocation, you always find the perfect place !