Did you know a real estate loan simulator isn't just for buying property or refinancing—it's also perfect for securing financing to build your house?
In my case, since I already owned the land for my future primary residence, I focused solely on funding the construction itself. With years of experience navigating these processes, I've helped many homeowners do the same.
For those needing to buy land too, factor its cost into your total budget. Like any mortgage application, start by determining your personal contribution—the larger it is, the better your approval odds.
The ideal setup? Hold a Housing Savings Plan (PEL) for preferential rates from your bank. I opened mine six years ago specifically for this project. Pairing it with Livret A savings and the French government's Zero-Rate Loan (PTZ), I secured my mortgage effortlessly.
Your detached house budget hinges on the builder handling all or part of the work. Self-building has surged in popularity, especially for budget-conscious owners, but it's risky—particularly without DIY or construction expertise. It also demands significant personal time to manage progress and completion.
Instead, I hired an architect. For a fee based on project scope and complexity, they handle house plans, cost estimates, coordination, and delivery—ensuring a smooth build.
Alternatively, opt for a constructor who offers a full-service package.
Working with an architect or builder simplifies paperwork: they file your building permit application at the local town hall.
If your build area is under 20m², skip the permit—a prior declaration suffices. Expect 2-3 months for processing from submission. You'll receive a receipt confirming receipt of your file.
