3 bedroom Villa for sale in Oxford, Cannes, Cote d'Azur French Riviera

980,000 EUR 842,800 GBP 1,058,400 USD

Reference: 187006

Bedrooms: 3
Bathrooms: 2
Plot Size: 477 m2

Features

Air Conditioning
Fireplace
Parking
Front Line
Good Condition

Details

PRICE REDUCED - A very well situated 3 bedroom villa with pool in a private no through road off Boulevard Oxford, at the lower end of the highly desirable Californie district, with potential for further development.

The property is built on a 477 m2 (5,133 ft2) plot of land and comprises of:
- Double Reception room with working fireplace
- Master Bedroom with en suite bathroom (bath and shower)
- 2 further double Bedrooms
- Second Bathroom
- Fully equipped kitchen with separate breakfast room
- Air-conditioning unit
- Independent storage room (at the rear of the property)
- Mosaic-tiled swimming pool
- Landscaped garden and courtyard

The seafront Croisette and the rue d'Antibes are just 7 minutes away by car, there is also a frequent bus service from near-by Boulevard Oxford. The shopping facilities and restaurants in Boulevard Carnot and Boulevard de la Republique are within a short walking distance from the property.

With regard to planning legislation the property is situated in Zone UE, sector UEa of the PLU of Cannes. The owner of the property is a registered Architect of the 'Ordre des Architectes' in France and has studied the further development potential of the property. He has produced 3D image and proposed plans which show the construction of an additional floor to create a 5- bedroom property. In the case that an incoming buyer wishes to proceed with this development scheme or similar, the current owner is happy to provide planning & construction cost estimates/quotations. He also has the construction team to undertake the works with a completion guarantee.

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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.