Guide to Buying a New-Build Property in France

Navigating VEFA in France

Purchasing a new-build property (VEFA — Vente en l'État Futur d'Achèvement) in France offers numerous advantages and protections for buyers. This guide outlines the essential steps and key aspects international buyers should know to successfully acquire their dream alpine home, from initial reservation to final handover.

Reservation Contract & Cooling-Off

The process begins with a formal Reservation Contract, outlining the property's specifications and the sales price. A crucial 10-day cooling-off period follows, allowing buyers to withdraw without penalty.

Staged Payments Tied to Construction Progress

Payments are made in instalments, linked directly to construction phases. Typically this starts with a 5% deposit at reservation, followed by progressive payments as milestones are met — ensuring financial security for both parties.

Stage Payments (Typical VEFA Schedule)

• Up to 5% — Reservation deposit
• 30% — Foundations / start of works
• 50% — First floor complete
• 70% — Roof complete (watertight)
• 80% — Windows & doors fitted (airtight)
• 95% — Property structurally complete
• 100% — Delivery / keys

The Role of the Notary (Notaire)

Notaries represent the French state — ensuring legality and correct taxes and fees. Domosno introduces an independent English-speaking notary who explains everything clearly in your language. There is no extra cost: the buyer's and developer's notaries split the fee. You pay a retainer (€500–€1,000) at the beginning of the process, which is then deducted from legal fees at exchange.

Remote Signing Options

Most contracts use secure e-signature — review on your phone or computer and click to sign. Remote signing via power of attorney (€100–€150) is available, with a video call where the notary explains everything in English. In-person signing at the notary's office is also possible.