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Reference 223563

Character 10 bedroom Hotel for sale in Breil sur Roya, Cote d'Azur French Riviera

1,290,000 EUR
1,109,400 GBP 1,393,200 USD
Superb 10 bedroom hotel, ideal for nature lovers wishing to combine a professional activity and a life in a nature paradise on the French Riviera, ideally nestled on one of the first lower passes of the Southern Alps, just 40 minutes from Monaco, 45 minutes from Nice, 35 minutes from Ventimiglia (Italy) and 1h20 from the first ski resort.

With great success, both in terms of its warm welcome, rooms and food as well as its unique location and at the crossroads of regional tourist routes, the property has a unique location with real comfort and includes a bar, restaurant, magnificent terrace and ample spaces for guests to fully enjoy nature and stunning views.

In addition, the property has 5/6 beautiful guest rooms well separated from the private part which has 4 bedrooms, large kitchen, dining room, huge garage, as well as other outbuildings and annexes.

With 5 hectares of land, the property offers many opportunities still to be developed.

Possible to buy the current owners actual business including a license 4 (right to serve strong liquor) at an extra cost.

- Fire alarm system
- Outdoor Lighting
- Jacuzzi
- Internet
- Fireplace
- Good condition
- Land: 50,000m2
- Outbuilding
- Panoramic mountain views

Features

Reference223563
Price1,290,000 EUR
Number of Bedrooms
Bedrooms
10
Number of Bathrooms
Bathrooms
Floor Space in Metres Squared
Floor Space
783.0m2
Land Size in Metres Squared
Land Area
5.0 Ha

Location

Where is this property?

This Hotel is located in Breil sur Roya in France

For security, the map shows the nearest town or village. Please get in touch for full details.

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Airports near Breil sur Roya

Nice Cote d'Azur39km
Turin139km
Toulon144km

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Buying a Property in France

1. Signing the Agreement (Compris)

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner.

The next step, once you are in agreement, is to sign the preliminary contract (Compromis de Vente). This is a legal document and after ten days will be binding on both parties. Rules change frequently in France and it is best to consult with your notary about when this period starts. Generally the compris will be signed in France with the Agent.

Variants can be included in the compris, for example an Acte (clause) can be added if the name or names to go on the title deed have not been finalised. If a mortgage will be required to purchase the property, the details for this, including the name of the mortgage company, must be on the compris.

2. Paying the Deposit

Generally the deposit will be 10% of the agreed purchase price. This will normally be paid to the notaire. There are exceptions to this, if the agent holds a carte professionelle, is bonded and fully registered then you may pay them, but do not hand over the deposit to anyone else. If for some reason the purchase does not go through, for example, if you write to the notaire and the agent that you do not wish to go continue with the purchase before the contract is binding (within seven days of signing the compris), then your deposit would be repaid. This would also apply if a condition had not been met, or the mayor or S.A.F.E.R. (a government agency that has the right of first purchase on most rural property that comes onto the market in France) could oblige the purchaser to give way. If you decide after the seven days 'cooling off' period that you do not wish to complete the purchase and pull out of the sale you would lose your deposit. If however the vendor pulls out of the sale then you will receive your deposit back plus the same amount from the vendor.

3. On Completion

Generally it will take around two or three months to complete the purchase.

During this time the balance of the purchase money must be paid into the account of the notaire, this must be done well ahead of the completion date. The notaire will prepare the documents, check that the deed of sale (Acte de Vente) is in order and have the legal title ready to be signed over. It is possible to have someone sign on your behalf if you give them power of attorney. An interpreter may be of use at this point if your French is not very good and many Notaires will suggest (or insist) that an interpreter is with you.