4 bedroom Apartment for sale with sea view with Income Potential in Royan, Nouvelle Aquitaine
The spacious and unique 4 bedroom property is situated in a prestigious 1958 building listed as a Historic Monument, offering a one-of-a-kind living environment, only a few minutes' walk from Foncillon Beach and local amenities.
The 134m2 apartment features a spacious and bright living area with a beautiful ethanol fireplace, original parquet flooring, and impressive ceiling height. This room opens onto a balcony fitted with awnings, extending the living space outside.
The fully fitted and equipped kitchen opens onto the dining area.
The property...
The spacious and unique 4 bedroom property is situated in a prestigious 1958 building listed as a Historic Monument, offering a one-of-a-kind living environment, only a few minutes' walk from Foncillon Beach and local amenities.
The 134m2 apartment features a spacious and bright living area with a beautiful ethanol fireplace, original parquet flooring, and impressive ceiling height. This room opens onto a balcony fitted with awnings, extending the living space outside.
The fully fitted and equipped kitchen opens onto the dining area.
The property also includes four bedrooms, one with a sea glimpse, and a mezzanine also facing the ocean. Two shower rooms are already in place, with the potential to create a third if desired.
Other features include a spacious 20 m2 garage, private outdoor parking space and private cellar.
Access to shared areas of the residence: garden, courtyard, laundry room, bike storage.
The residence benfits from a quiet location and consists of 14 units.
The apartment is rated 4 stars as a furnished tourist accommodation, making it an ideal investment for seasonal rentals or a second home.
Intercom
Window Shade
Internet
Double Glazing
Communal Laundry
Communal gardens
Electric Shutters
Fireplace
Garage
Balcony
Good condition
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Where is this property?
This Apartment is located in Royan in France
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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.