French Mills For Sale
Guide to the French Buying Process
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.
IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.
Beautifully renovated 4 bedroom former mill, ideally situated within a quiet area, yet just 10 minutes from the city centre and beaches and 25 minutes from Monaco. Set on 1,560 m2 of land and w...
- Floor Size: 190 square metres
- Plot Size: 1,560 square metres (0.16 hectares / 0.39 acres)
- Bedrooms: 4
A beautiful stone mill in a delightful and peaceful country setting, with an additional independent house and 3 hectares of land. The mill comes with living space of 240m2 comprising a living ...
- Floor Size: 367 square metres
- Plot Size: 30,937 square metres (3.09 hectares / 7.64 acres)
- Bedrooms: 5
Beautifully and totally renovated mill, which has been completely refurbished by professionals, ideally located in a quiet setting in Jonzac and just a 30 minute drive from Cognac. With a tota...
- Floor Size: 588 square metres
- Plot Size: 15,878 square metres (1.59 hectares / 3.92 acres)
- Bedrooms: 13
Full of character and charm, this lovely stone built house is situated in a quiet setting within a large plot of 11,000m2 with a private lake and a swimming pool. Located close to Lauzerte, thi...
- Floor Size: 225 square metres
- Plot Size: 11,000 square metres (1.10 hectares / 2.72 acres)
- Bedrooms: 5
Fantastic opportunity to acquire a unique collection of a beautifully renovated 3 storey former water mill and a separate guest cottage, nestling in 21 acres of glorious land and river near Astaffort....
- Floor Size: 200 square metres
- Plot Size: 85,000 square metres (8.50 hectares / 21.00 acres)
- Bedrooms: 6
Spacious former water mill, with a river running alongside and with lovely views, ideally situated in a quiet setting on the edge of the historic town of Civray. The current accommodation is o...
- Bedrooms: 3
Accessed via a private driveway, this enchanting and historic mill house, parts of which date back to the 19th Century, is situated right in the heart of almost 1 hectare of delightful and totally pr...
- Floor Size: 256 square metres
- Plot Size: 10,000 square metres (1.00 hectares / 2.47 acres)
- Bedrooms: 4
Unique opportunity to acquire a collection of 3 properties with pool set in 2.8 hectares of glorious land, enjoying far reaching countryside views from its location near all amenities in Verteillac.
Originally a windmill, this superb and totally refurbished 4 bedroom, stone built home is ideally set in a quiet picturesque area on the edge of a river,yet just a 5 minutes drive from Grimaud village...
- Floor Size: 500 square metres
- Plot Size: 7,000 square metres (0.70 hectares / 1.73 acres)
- Bedrooms: 4
Beautiful and versatile old mill house with origins in the Sixteenth century, close to the lovely bastide town of Beaumont du Perigord in the Dordogne. With a total of 8 bedrooms, this 338m2pr...
- Floor Size: 338 square metres
- Plot Size: 3,088 square metres (0.31 hectares / 0.76 acres)
- Bedrooms: 8