French Properties with Lakes and Ponds
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
Excellent and rare opportunity to acquire 220 hectares of rolling countryside with farmland stretching almost as far as the eye can see, located in a private setting in Gers, with a variety of vines, ...
- Floor Size: 500 square metres
- Plot Size: 2,200,000 square metres (220.00 hectares / 543.64 acres)
- Bedrooms: 6
Unique opportunity to acquire a beautiful 5 bedroom stone house with separate 3 bedroom chalet, swimming pool, fishing lake and aquaponics business, set in over 19 acres of glorious land near all amen...
- Floor Size: 239 square metres
- Plot Size: 78,000 square metres (7.80 hectares / 19.27 acres)
- Bedrooms: 8
Unique opportunity to acquire a beautifully restored 6 bedroom, 12th Century Abbey with pool, a separate 3 room house and outbuildings, set in five and a half acres of glorious land with 2 lakes a...
- Floor Size: 300 square metres
- Plot Size: 22,666 square metres (2.27 hectares / 5.60 acres)
- Bedrooms: 6
Unique opportunity to acquire a marvellous equestrian estate in the heart of the Dordogne, with a magnificent main house, outdoor pool and luxury indoor pool, a chapel, various other properties and ap...
- Floor Size: 1,500 square metres
- Plot Size: 1,532,352 square metres (153.24 hectares / 378.66 acres)
- Bedrooms: 15
Superb 5 bedroom ski chalet, which is probably situated in one of the best locations in Saint-Martin de Belleville, on the edge of the slopes, just a few steps from the Place de la Mairie and the star...
- Plot Size: 817 square metres (0.08 hectares / 0.20 acres)
- Bedrooms: 5
New luxurious 3 bedroom apartment ideally located close to the ski slopes and the ski lifts in Le Bettaix, which is a small village along Le Doron, little river, close to amenities and with stunning v...
- Floor Size: 106 square metres
- Bedrooms: 3
Exceptional estate situated in a quiet, private and incredible setting alongside St. Cassien Lake, amid approximately 1 hectares of woodland and with large terraces, swimming pool and stunning lake vi...
- Floor Size: 140 square metres
- Plot Size: 10,160 square metres (1.02 hectares / 2.51 acres)
- Bedrooms: 5
With a total spacious living area of 466m2, this enchanting 7 bedroom boutique chateau, plus a private lodge and swimming pool, is ideally set on a plateau overlooking Marciac lake and the rolling Gas...
- Floor Size: 466 square metres
- Plot Size: 7,118 square metres (0.71 hectares / 1.76 acres)
- Bedrooms: 7
Exceptional 7 bedroom 17th Century stone built castle, with a total spacious living area of 567m2, ideally set right in the heart of a green park of almost 70 hectares and just 30 minutes from the Nic...
- Floor Size: 567 square metres
- Plot Size: 690,000 square metres (69.00 hectares / 170.51 acres)
- Bedrooms: 7