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.
Full of character and charm and ideally situated in a quiet setting tucked away down at the end of a no through lane, this glorious 5 bedroom mill house simply oozes charm and boasts a stunning privat...
- Floor Size: 250 square metres
- Plot Size: 3,191 square metres (0.32 hectares / 0.79 acres)
- Bedrooms: 8
Full of character and charm and set within a large plot of 25,000m2, this lovely home is ideally situated in a quiet setting amongst greenery, yet within walking distance to the small shops of the vil...
- Floor Size: 300 square metres
- Plot Size: 25,000 square metres (2.50 hectares / 6.18 acres)
- Bedrooms: 6
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- Floor Size: 813 square metres
- Plot Size: 30,613 square metres (3.06 hectares / 7.56 acres)
- Bedrooms: 13
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
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- Floor Size: 225 square metres
- Plot Size: 11,000 square metres (1.10 hectares / 2.72 acres)
- Bedrooms: 5
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- Bedrooms: 3
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- Floor Size: 338 square metres
- Plot Size: 3,088 square metres (0.31 hectares / 0.76 acres)
- Bedrooms: 8
Charming 8 bedroom stone built former mill, with a spacious and beautifully presented total living area of 350m2, which dates from 1750, ideally situated within a lush setting on a large plot of 14,49...
- Floor Size: 350 square metres
- Plot Size: 14,498 square metres (1.45 hectares / 3.58 acres)
- Bedrooms: 8
A delightful and lovingly restored mill which has been converted into 3 gites, set in 5 hectares of wooded grounds, complete with a 2 hectare lake and a stock pond. This immaculate renovation...
- Floor Size: 275 square metres
- Plot Size: 72,885 square metres (7.29 hectares / 18.01 acres)
- Bedrooms: 9