4 bedroom Villa for sale with Income Potential in Cannes, Provence Alpes Cote d'Azur

In excellent condition is this luxuriously renovated 4 bedroom villa with separate studio, nestling in over half an acre of beautiful landscaped gardens with pool, ideally located in a peaceful area of Cannes.

Situated in "Les Parcs de Mougins" in an estate with 24/7 security, not overlooked, this superb property was completely renovated in 2011 and comprises of a triple living area with fireplace, living room, dining room and living room surrounded by bay windows overlooking a beautiful flat garden and its 'mirror pool'.

There is a semi-professional kitchen, open to the living room, a Master bedroom with walk in wardrobe, full bathroom and private WC.

Upstairs is a sports and tV room, 2 bedrooms, bathroom and WC.

There is a wonderful cellar, an independent studio with bathroom and WC with access to the villa's ground floor.

A South-facing terrace and swimming pool, a very large "car park", 2 garden sheds and a herb garden complete the exteriors of this exceptional property.

Additional 60m2 extension possible.

Live in absolute calm, in the charm of the countryside, in the immediate vicinity of Cannes, its beaches, its Croisette, its festival and international airport.

FEATURES
intercom
sliding windows
security door
videophone
caretaker
alarm system
outdoor lighting
barbecue
electric shutters
double glazing
home automation.

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Features

Reference248383

Price3,850,000 EUR

Bedrooms

4

Bathrooms

Floor Space

310.0m2

Land Area

2,500.0m2

Fees Paid By Seller

It does not cost you anything to purchase this property through us

Walk to Amenities

Shops and other amenities within easy walking distance

Potential for Income

Existing or suitable conditions for income

Fireplace

Has open fireplace or woodburner

Air Conditioning

Existing in one or more rooms

Private Pool

Has private swimming pool

Garden

Has landscaped garden space

Terrace

Terraced outside space

Pool View

Full or partial view of a pool

Parking

Has vehicle parking

Good Condition

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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.