# What is the best way to finance a 2nd home abroad? In France in our case

**URL:** <https://boards.straightdope.com/t/what-is-the-best-way-to-finance-a-2nd-home-abroad-in-france-in-our-case/962537>\
**Category:** Factual Questions\
**Created:** [April 8, 2022, 5:17pm UTC](https://boards.straightdope.com/t/what-is-the-best-way-to-finance-a-2nd-home-abroad-in-france-in-our-case/962537 "2022-04-08T17:17:16Z")\
**Posts on this page:** 3\
**Page:** 3

<div class="post-metadata">

**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\
**Post date:** [April 12, 2022, 11:52pm UTC](https://boards.straightdope.com/t/what-is-the-best-way-to-finance-a-2nd-home-abroad-in-france-in-our-case/962537/41 "2022-04-12T23:52:32Z")

</div>

Googling, most real estate mutual funds invest in REITs but some invest in large property owners (like the companies that own malls or office buildings). I imagine one that invests in home builders like Toll Brothers and KB Homes, as well as suppliers like lumber companies but I don’t know if anyone does that.

---

<div class="post-metadata">

**Author:** ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)\
**Post date:** [April 13, 2022, 2:01am UTC](https://boards.straightdope.com/t/what-is-the-best-way-to-finance-a-2nd-home-abroad-in-france-in-our-case/962537/42 "2022-04-13T02:01:55Z")

</div>

There are a couple of home builder ETFs:

> **[Best Homebuilder ETFs](https://www.investopedia.com/articles/etfs-mutual-funds/071016/top-3-homebuilders-etfs-itb-xhb.asp)**
>
> The best funds are the iShares U.S. Home Construction ETF, Invesco Dynamic Building & Construction ETF, and SPDR S&P Homebuilders ETF.

And probably a few mutuals with residential construction concentrations, like:

> **[FSHOX – Fidelity® Select Construction & Hsg Port Fund Stock Price |...](https://www.morningstar.com/funds/xnas/fshox/quote)**
>
> FSHOX - Fidelity® Select Construction & Hsg Port - Review the FSHOX stock price, growth, performance, sustainability and more to help you make the best investments.

---

<div class="post-metadata">

**Author:** ![Gozu](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gozu/32/6615_2.png) [@Gozu](https://boards.straightdope.com/u/Gozu)\
**Post date:** [April 14, 2022, 8:22pm UTC](https://boards.straightdope.com/t/what-is-the-best-way-to-finance-a-2nd-home-abroad-in-france-in-our-case/962537/43 "2022-04-14T20:22:11Z")

</div>

Update:

While looking at non-resident mortgages in Spain, I found out some of the conditions (for Santander):

30% down minimum. (Oh No!)  
have your last 3 paychecks deposited in a Santander account (this is fine)  
pay 10% in purchase taxes (Oh No!)

This means that for an affordable 200,000 euros apartment, we would need 60k + 20k = 80k in cash. a smidge over 40%. Double the 20% I was hoping for.

[Previous page](https://boards.straightdope.com/t/what-is-the-best-way-to-finance-a-2nd-home-abroad-in-france-in-our-case/962537.md?page=2)