Refurbished 12 bedroom Commercial Property for sale in La Rochelle, Nouvelle Aquitaine

5,000,000 EUR 4,300,000 GBP 5,400,000 USD

Reference: 247722

Bedrooms: 12
Bathrooms: 9
Floor Size: 572 m2
Plot Size: 384 m2

Features

Garden
No Pool
Hot Tub or Sauna
Fireplace
Potential for Income
Rentable Accommodation
Parking
Walk to Amenities
Traditional Style
Turnkey
Good Condition

Details

Superb 12 bedroom house, which was built in the early 19th Century, with a generous living area of 570m2 and 647m2 of usable space.

Completely restored with meticulous attention to detail, this top-of-the-range renovation has created an elegant, refined living environment, with all modern comforts.

Located in the historic city centre, this prestigious development with landscaped gardens offers an unrivalled living experience in a partially pedestrian environment, just a short walk from the covered market and shops.

2 independent entrances provide access to this character property. It's easy to fall under the spell of the spacious, refined reception rooms, the luminous artist's studio with a veranda, the 5 charming suites, 1 of which has a connecting bedroom, the 6 cosy attic bedrooms, and the 9 bathrooms, 4 of which are marble, with private hammams and larch-wood baths.

The verdant landscaped garden, a true oasis of tranquility, perfectly complements this exceptional property, offering a peaceful outdoor space in which to relax.

Currently used to welcome visitors seeking an intimate and refined experience, the layout of the rooms makes it very easy to envisage separating private and professional life.

This property could be converted into a high-end investment property.

Possibility of acquiring some of the furniture, IT equipment and goodwill to facilitate a transition.

FEATURES
Digicode
TV Distribution
Outdoor Lighting
Irrigation Sprinkler
Water Softener
Fireplace
Internet
Intercom
Optical fibre
Double Glazing
Turn Key
Excellent Condition
Land
Hot Tubs
Cellar: 6.17m2
Living Room Kitchen: 60.16m2
Walk-in Closets
Hammams
Cellar: 14.5m2
Cellar: 47.89m2
Land: 384m2

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France Property Buying Guide

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.