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.
Full of character and charm, this grand and spacious 5 bedroom villa is ideally surrounded by mature landscaped gardens of 1,229m2 and situated close to the beach, shops and restaurants, in a quiet se...
- Floor Size: 175 square metres
- Plot Size: 1,229 square metres (0.12 hectares / 0.30 acres)
- Bedrooms: 5
A most attractive classic Eighteenth Century French chateau set in 35 acres of lovely countryside with meadow and woodlands and only just over 2 hours from Paris. This refined property was ...
- Plot Size: 140,000 square metres (14.00 hectares / 34.60 acres)
- Bedrooms: 12
An appealing 10 bedroom hotel in a desirable area of Mont Boron, close to the harbour and within walking distance of the shops, restaurants and the beach. Offering an excellent opportunity for ...
- Floor Size: 321 square metres
- Bedrooms: 10
A property with plenty of charm consisting of a romantic Hotel with independent Catalan Mas, 16 en-suite bedrooms all with outside space, seminar room in former chapel, charming patios, restaurant, l...
- Floor Size: 740 square metres
- Plot Size: 26,265 square metres (2.63 hectares / 6.49 acres)
- Bedrooms: 16
Delightful character hotel and restaurant in the Perigord Noir with 16 luxurious bedrooms, close to one of south-west France's most famous tourist attractions. This desirable business is curr...
- Floor Size: 1,000 square metres
- Plot Size: 28,000 square metres (2.80 hectares / 6.92 acres)
- Bedrooms: 18
Spacious villa with 10 bedrooms and a separate apartment in Les Issambres, just 300m from the beach, with swimming pool and offering several interesting business opportunities such as B&B with cateri...
- Floor Size: 515 square metres
- Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
- Bedrooms: 12
Magnificent manor house dating back to the Seventeenth Century, currently operating as a well established and successful luxury hotel with restaurant, bar and 22 en suite guest rooms. This qu...
- Floor Size: 1,539 square metres
- Plot Size: 40,000 square metres (4.00 hectares / 9.88 acres)
- Bedrooms: 32
Fabulous Palladian-inspired French Chateau in a beautiful situation on the edge of a hilltop village in the desirable department of Gers. This unique and charming 18th century property (listed...
- Floor Size: 1,000 square metres
- Plot Size: 56,800 square metres (5.68 hectares / 14.04 acres)
- Bedrooms: 13
Charming 6 bedroom Belle Epoque Villa in the centre of Samoens, currently run as a Boutique Hotel, but equally, could be a spacious and very well-appointed private home. Set in a charming priv...
- Bedrooms: 6
Beautifully renovated and successfully run 9 bedroom hotel and restaurant business, ideally nestled on one of the first passes of the Southern Alps, just 40 minutes from Monaco, 45 minutes from Nice, ...
- Floor Size: 544 square metres
- Plot Size: 50,000 square metres (5.00 hectares / 12.36 acres)
- Bedrooms: 9