5 bedroom House for sale with countryside view with Income Potential in Fayence, Provence Alpes Cote d'Azur
This charming old property has been enlarged offering a total of approximately 270 m2 living area composed of two houses which are connected by a large entrance and it can easily be used as one house.
The original stone Bastide has a double living room with stove, a dining area, a spacious fitted kitchen, two bedrooms, a bathroom with tub WC, as well as a master suite with shower room WC. Beneath there is a large cellar.
The new wing ...
This charming old property has been enlarged offering a total of approximately 270 m2 living area composed of two houses which are connected by a large entrance and it can easily be used as one house.
The original stone Bastide has a double living room with stove, a dining area, a spacious fitted kitchen, two bedrooms, a bathroom with tub WC, as well as a master suite with shower room WC. Beneath there is a large cellar.
The new wing offers a spacious living room with open plan kitchen and dining area, 2 bedrooms each with their own bathroom/shower room WC. Below the living room is a large studio/TV room/games room.
The property includes a large wooded area and in total is approximately 15,284m2. The garden is terraced and mainly lawn with olive and bay trees.
In addition there is a workshop, a shed and a large cabin, an expansive swimming pool and pool house with running water and electricty.
A double carport, three wooden farm style access gates complete this property which is fully fenced.
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This House is located in Fayence 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.