Refurbished 2 bedroom Penthouse for sale in Chamonix, Rhone-Alpes

475,000 EUR 408,500 GBP 513,000 USD

Reference: 238639

Bedrooms: 2
Bathrooms: 1
Floor Size: 70 m2

Features

Skiing Area
Mountain View
Parking
Penthouse

Details

Superb top/2nd floor apartment, situated within a lovely residence with just 5 apartments, Ideally located on the edge of Chamonix town centre and with lovely views towards Mont-Blanc massif and just a 5 minute walk from Planards ski area.

With a total living area of around 70m2, the apartment has an exposed wooden framework and benefits from a real character that the recent renovation has managed to preserve.

The roof windows give perfect light in all the rooms and this property consists of a private staircase with an intermediate landing that can be used as a cloakroom, pretty living room placed under the ridge of the house and includes a fitted kitchen, 2 attic bedrooms, 1 of which has a dressing room (which can be used as an office), shower room, separate WC and a small attic.

There is also a good size cellar in the basement of the building and the house has an outdoor car park with 4 to 5 spaces (parking spaces not private).

This 2 bedroom apartment is suitable for several kinds of buyers. It would indeed be an excellent rental investment product, but it also has all the qualities to be a first purchase for a main residence.

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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.