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.
Grand and spacious 12 bedroom manor house, which is currently being run as a hotel, ideally located in a quiet setting in Moissac, set within a large mature manicured plot with a swimming pool and var...
- Floor Size: 750 square metres
- Bedrooms: 12
Charming Nineteenth Century chateau with character features in the Dordogne countryside and currently arranged to provide independent accommodation for up to 50 guests. This picturesque propert...
- Floor Size: 582 square metres
- Plot Size: 60,000 square metres (6.00 hectares / 14.83 acres)
- Bedrooms: 17
On the outskirts of a small wine producing village, this beautifully presented Manoir has been fully restored and refurbished and would make a fabulous holiday rental business, or a luxury boutique st...
- Floor Size: 657 square metres
- Plot Size: 44,515 square metres (4.45 hectares / 11.00 acres)
- Bedrooms: 11
Absolutely stunning and hugely impressive income-generating property consisting of 8 fully furnished apartments located in one of the most sought-after squares in Perpignan. This up and runni...
- Floor Size: 265 square metres
- Bedrooms: 8
Superb Domain in a unique environment, surrounded by nature, rivers, mountains and wide incomparable views. The property is ideal for commercial accommodation or a combination of touristic activities,...
- Floor Size: 2,000 square metres
- Plot Size: 410,000 square metres (41.00 hectares / 101.32 acres)
- Bedrooms: 30
Within a ten minute drive of Carcassonne, this delightful and most elegant restaurant and 4 star hotel is located in an historic village and comes with 1,020m2 of living space. The property ha...
- Floor Size: 1,020 square metres
- Bedrooms: 10
Holiday village complex situated on the outskirts of Sarlat in a peaceful situation with impressive views, yet just 5 minutes from the heart of the town. The business consists of 5 houses with...
- Floor Size: 450 square metres
- Plot Size: 7,500 square metres (0.75 hectares / 1.85 acres)
- Bedrooms: 15
Superb character property from the Eighteenth Century with 10 bedrooms in a lovely village close to Uzes and the Pont du Gard, and currently run as a successful gite rental business. This esta...
- Floor Size: 300 square metres
- Plot Size: 500 square metres (0.05 hectares / 0.12 acres)
- Bedrooms: 10
Full of character and charm, this beautifully and totally refurbished 19th Century property is ideally situated just 15 minutes from Angouleme and the TGV station. With around 225m2 of living s...
- Floor Size: 340 square metres
- Plot Size: 8,369 square metres (0.84 hectares / 2.07 acres)
- Bedrooms: 5
Amazing and rare opportunity to purchase hotel with a Michelin starred restaurant with private owners accommodation. This superb property is located right on the edge of a historic hillside vi...
- Floor Size: 780 square metres
- Plot Size: 2,428 square metres (0.24 hectares / 0.60 acres)
- Bedrooms: 10