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.
Grand, spacious and immaculately refurbished, this 11 bedroom authentic mill is ideally located in a quiet setting close to Isle-sur-la-Sorgue. With its origins dating from the 17th Century, th...
- Floor Size: 875 square metres
- Plot Size: 120,000 square metres (12.00 hectares / 29.65 acres)
- Bedrooms: 11
Delightful characterful watermill with two gite apartments, swimming pool and B&B income, set in a lovely rural riverside situation on a quiet lane just outside the popular town of Aigre. W...
- Floor Size: 294 square metres
- Plot Size: 9,539 square metres (0.95 hectares / 2.36 acres)
- Bedrooms: 8
Beautiful and versatile character property dating back to the Fifteenth Century in an exceptional setting with gites and over 12 acres of land, offering excellent potential for fishing and equestrian ...
- Floor Size: 481 square metres
- Plot Size: 50,000 square metres (5.00 hectares / 12.36 acres)
- Bedrooms: 11
Immaculately and entirely refurbished throughout, this charming 15th Century tide mill has a vast total living area of 850m2 and is set within a large and wonderful natural setting on a large waterfro...
- Floor Size: 850 square metres
- Plot Size: 24,900 square metres (2.49 hectares / 6.15 acres)
- Bedrooms: 11
A unique opportunity to acquire an aquatic rental business, set in over 7 acres of mature lush land with 4 apartments and 7 bungalows, located 10 minutes from Agen. This character stone Mill ha...
- Floor Size: 450 square metres
- Plot Size: 30,000 square metres (3.00 hectares / 7.41 acres)
- Bedrooms: 12
Beautiful and sympathetically renovated 6 bedroom character property set in generous grounds of meadow and woodland just a mile from a village with amenities and recreational facilities. The forme...
- Floor Size: 301 square metres
- Plot Size: 25,000 square metres (2.50 hectares / 6.18 acres)
- Bedrooms: 6
Beautiful 16 bedroom hotel in Aquitaine in a picturesque riverside setting offering comfortable owners accommodation as well as generous income opportunities. This former character waterm...
- Floor Size: 1,200 square metres
- Plot Size: 12,734 square metres (1.27 hectares / 3.15 acres)
- Bedrooms: 19
Immaculate former mill with a vast total living area of 600m2, set within a magnificent park of 51,000m2, with a forest, terraced meadows crossed by a river, large heated swimming pool, fully equipped...
- Floor Size: 600 square metres
- Plot Size: 51,000 square metres (5.10 hectares / 12.60 acres)
- Bedrooms: 8
Unusual 4 bedroom country home, with a total refurbished and beautifully presented living area of 170m2, set within a large plot of 24,030m2, just 5 minutes from Bressuire and with lovely countryside ...
- Floor Size: 170 square metres
- Plot Size: 24,030 square metres (2.40 hectares / 5.94 acres)
- Bedrooms: 4
Unique historical listed windmill/monument, which is known world-wide, situated in a quiet setting built on the top of a hill in a renowned Provencal village, close to Arles. Perfectly restore...
- Bedrooms: 0