French Vineyard Properties
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 beautifully presented Bordeaux vineyard estate, set within a quiet setting on 13.24 hectares of land, including 8.18 hectares of AOC Bordeaux vines, large 10 bedroom stone country h...
- Floor Size: 660 square metres
- Plot Size: 47,706 square metres (4.77 hectares / 11.79 acres)
- Bedrooms: 16
Grand, spacious and full of character and charm, this superb 17th Century Chartreuse house is ideally situated within a quiet area close to Bordeaux, within a large 17 hectare plot, of which 12 hectar...
- Bedrooms: 8
Exceptional and elegant 16th/17th century renovated 5 bedroom Manor House situated in over 32 acres of landscaped grounds and vineyards, located near to golf, tennis and all amenities between Cognac a...
- Floor Size: 800 square metres
- Plot Size: 130,000 square metres (13.00 hectares / 32.12 acres)
- Bedrooms: 5
Magnificent French vineyard estate of 34 hectares of AOC Cotes de Duras, with a fully equipped winery and 3 separate and renovated stone residences in a beautiful setting with swimming pool and pano...
- Plot Size: 500,000 square metres (50.00 hectares / 123.56 acres)
- Bedrooms: 9
A charming and traditional Provencal-style property in the area of Antibes, set in over 2 acres with olive grove and a vineyard. Undeniable charm for this old classified Provencal bastide fr...
- Floor Size: 294 square metres
- Plot Size: 8,941 square metres (0.89 hectares / 2.21 acres)
- Bedrooms: 4
Beautiful 10 acre estate close to Saint-Emilion offering income and lifestyle opportunities with vineyard and attractive residence. The lovely stone property has been renovated to a very hig...
- Floor Size: 700 square metres
- Plot Size: 40,000 square metres (4.00 hectares / 9.88 acres)
- Bedrooms: 6
Beautiful French Chateau with 14 hectares of vineyards, representing a fantastic commercial opportunity for someone wanting an up and running vineyard and hospitality business with the potential to fu...
- Floor Size: 565 square metres
- Plot Size: 340,000 square metres (34.00 hectares / 84.02 acres)
- Bedrooms: 9
Historic French chateau dating back to the Thirteenth Century set in 55 hectares of meadow and woodland, including 8 hectares of AOC Bordeaux vines. Within an hours drive of Bordeaux, the ...
- Floor Size: 600 square metres
- Plot Size: 550,000 square metres (55.00 hectares / 135.91 acres)
- Bedrooms: 9
Superb and imposing French Chateau, complete with AOC Bordeaux hobby vineyard and equestrian facilities. This unique property comes with a tangible history to be discovered it was first built...
- Floor Size: 1,200 square metres
- Plot Size: 14,755 square metres (1.48 hectares / 3.65 acres)
- Bedrooms: 0
Set on over an acre of beautiful landscaped gardens is this superb 5 bedroom villa with infinity pool enjoying panoramic sea views, located near to the centre of Nice. It has been completely re...
- Floor Size: 300 square metres
- Plot Size: 4,500 square metres (0.45 hectares / 1.11 acres)
- Bedrooms: 5