Income Producing 14 bedroom Commercial Property for sale with panoramic view in Bonnieux, Provence Alpes Cote d'Azur
Situated in the heart of one of France's most popular destinations, the Luberon, this charming 650 m2 hotel in a dominant position, has been built on cellars dating back to antiquity. Situated in the heart of a famous hilltop village, this 15 room establishment is simple, comfortable and perfectly suited to the new expectations of the tourist trade of Provence.
There are cobbled streets lined with old mansions leading to churches, chapels and shady squares with singing fountains. Shops, cafes and terraces.
A few days in this...
Situated in the heart of one of France's most popular destinations, the Luberon, this charming 650 m2 hotel in a dominant position, has been built on cellars dating back to antiquity. Situated in the heart of a famous hilltop village, this 15 room establishment is simple, comfortable and perfectly suited to the new expectations of the tourist trade of Provence.
There are cobbled streets lined with old mansions leading to churches, chapels and shady squares with singing fountains. Shops, cafes and terraces.
A few days in this hotel-restaurant with its panoramic view is a plunge into the southern art of living, an experience of the South in all its dimensions: its landscapes, its architecture, its gastronomy and its atmosphere.
Close to long-distance and short-distance footpaths and signposted bike routes, it's an ideal stopover for hikers, cyclists and bikers alike. Located in a Regional Nature Park where mass tourism is not the order of the day, this hotel is the perfect size to cater for small groups and, thanks to its restaurant, can operate seasonally, with tourists and locals alike.
Indeed, the village is dynamic, animated by events throughout the year, and many craftsmen and shopkeepers work here in summer and winter alike.
The ground floor shares the reception hall with the bar area, the hotel lobby and the elevated restaurant room, which seats around 40 and enjoys a superb view.
Rooms of varying sizes (from 11 m2 to 26 m2) are spread over 2 levels, from small standard rooms to large ones with private terraces and breathtaking views over the plain and the Luberon Mountains.
The hotel features 2 superb vaulted stone cellars and a 73 m2 private apartment with 3 bedrooms, a living room and a bathroom plus an enclosed private garage.
FEATURES
Video CCTV Security
Safe
Alarm System
Optical fibre
Fire alarm system
Furnished
Internet
Double Glazing
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Where is this property?
This Commercial Property is located in Bonnieux in France
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Buying a Property in France
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.