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.
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
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
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
Spacious 10 bedroom hotel and restaurant, with a total built area of 380m2, set within a large private plot of 39,390m2 with a swimming pool large terrace, small lake and beautiful panoramic countrys...
- Floor Size: 380 square metres
- Plot Size: 39,390 square metres (3.94 hectares / 9.73 acres)
- Bedrooms: 10
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
Grand spacious and beautifully maintained, this superb manor house/hotel is ideally located in a quiet setting right in heart of the historical centre of Villeneuve les Avignon, which is a classified ...
- Floor Size: 900 square metres
- Plot Size: 1,450 square metres (0.15 hectares / 0.36 acres)
- Bedrooms: 9
Charming 27 bedroom hotel, which consists of a set of old houses dating from the 16th and 17th Centuries, ideally situated right in the heart of the medieval city of Vaison la Romaine. The old...
- Bedrooms: 27
Prestigious and historic French Chateau, ideally located in a quiet and private setting in Brittany, close to the coast and Saint Malo, with stunning countryside and sea views. With its origins...
- Plot Size: 270,000 square metres (27.00 hectares / 66.72 acres)
- Bedrooms: 20
Superb business opportunity, located in an unique setting, on the Canal du Midi with: - 7 Gites - 2.5 hectare wine producing Vineyard - Hospitality/Restaurant - Wine shop ...
- Floor Size: 1,000 square metres
- Plot Size: 28,734 square metres (2.87 hectares / 7.10 acres)
- Bedrooms: 9