Income Producing 6 bedroom House for sale in Roquebrune sur Argens, Provence Alpes Cote d'Azur
The property consists of a large apartment on the first floor of 110 m2: a spacious light salon with high decorated ceiling opens out on a lovely terrace overlooking the garden with swimming pool. It has a separate kitchen, 3 bedrooms and a bathroom.
Located around the swimming pool, there are two completely separate apartments with their own independent entrances to the road. One apartment of 70 m2 containing a living room/kitchen, two bedrooms and a shower room.
There is a second apartment of 50 m2 with a living room and open k...
The property consists of a large apartment on the first floor of 110 m2: a spacious light salon with high decorated ceiling opens out on a lovely terrace overlooking the garden with swimming pool. It has a separate kitchen, 3 bedrooms and a bathroom.
Located around the swimming pool, there are two completely separate apartments with their own independent entrances to the road. One apartment of 70 m2 containing a living room/kitchen, two bedrooms and a shower room.
There is a second apartment of 50 m2 with a living room and open kitchen, office area, bedroom and shower room.
The apartments have a potential rental income of 650 and 700 EUR/ month respectively.
This property is very attractive as a second home with rental possibilities for the two apartments, as an investment property or for an extended family.
Roquebrune-sur-Argens is very popular due to its lively and Provencal town centre combined with its central location, only 15 minutes from the beaches and 10 minutes from the motorway.
Potential for improvement.
ROOMS
Laundry Room
WC
Shower Room
Bedroom
Equipped Kitchen
Living Room
Dining Room
Terrace: 14 m2
VIEWS
Slight
ORIENTATIONS.
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Where is this property?
This House is located in Roquebrune sur Argens 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.