Hotels in France 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.
Beautiful boutique hotel for sale in La Muette quarter close to the commercial centre. The hotel has the accommodation spread over only two floors with a magnificent reception hall, 8 guest bed...
- Bedrooms: 8
A delightful hotel for sale in Saint-Tropez, in excellent condition and in a very desirable location within walking distance of the centre of the town and close to the beach. This charming mult...
- Floor Size: 700 square metres
- Plot Size: 1,200 square metres (0.12 hectares / 0.30 acres)
- Bedrooms: 20
Desirable 3 star hotel for sale on the French Riviera, less than 10 minutes from Monaco. Please contact us for detailed information....
- Floor Size: 1,000 square metres
- Plot Size: 3,200 square metres (0.32 hectares / 0.79 acres)
- Bedrooms: 25
An exceptional French Chateau for sale close to the Belgian border in north-eastern France, a gateway to the beautiful and verdant Ardennes region, set in an estate of about 104 hectares (255acres), c...
- Plot Size: 1,040,000 square metres (104.00 hectares / 256.99 acres)
- Bedrooms: 33
A beautiful and elegant Nineteenth Century chateau in the sought-after area of Sarlat in Dordogne's Golden Triangle, with panoramic views over the river and multiple income streams already in place.<...
- Floor Size: 5,100 square metres
- Plot Size: 330,000 square metres (33.00 hectares / 81.55 acres)
- Bedrooms: 40
Four star hotel and restaurant for sale in Mandelieu la Napoule, offering an excellent opportunity for investors and hoteliers to acieve a dream in a lovely situation on the French Riviera. In ...
- Floor Size: 2,500 square metres
- Plot Size: 11,000 square metres (1.10 hectares / 2.72 acres)
- Bedrooms: 55
PRICE REDUCED - Located on the French and Italian borders, just 1 hour from Turin. Lovely ski-in & ski-out hotel, located at 1,860m, which is open for both summer and winter guests. Mont...
- Floor Size: 1,400 square metres
- Bedrooms: 32
Exceptional and enchanting 4 star working French Chateau, which is currently being run as a successful 33 bedroom hotel and restaurant, ideally situated in a quiet setting right in the heart of the Pe...
- Floor Size: 3,180 square metres
- Plot Size: 200,060 square metres (20.01 hectares / 49.44 acres)
- Bedrooms: 33
Beautiful Ski chalet / boutique hotel with 12 en suite bedrooms at the foot of the slopes in a charming ski hamlet with sunny 360 degree views. This well appointed bright and spacious pro...
- Floor Size: 400 square metres
- Bedrooms: 12
Excellent business opportunity to purchase a 39 bedroom. 3 star hotel, with a vast total built area of 1,400m2, set within a large flat plot of 2,600m2 with a swimming pool and generous parking area, ...
- Floor Size: 1,400 square metres
- Plot Size: 2,600 square metres (0.26 hectares / 0.64 acres)
- Bedrooms: 39