Luxury 7 bedroom Penthouse for sale with sea view in Cannes, Cote d'Azur French Riviera
With a total living area of 285m2, plus a huge terrace with magnificent sea views and luxurious fixtures and fittings, features include: magnificent living room with a fireplace and access onto a large terrace of 168 m2 with sea views, dining room, fully fitted and equipped kitchen, 6 bedrooms including a master bedroom, 4 bathrooms, shower room, living room opening onto a terrace with trees, private lift, 3 garages and 2 cellars.
This property is also being sold with a 2 room apartm...
With a total living area of 285m2, plus a huge terrace with magnificent sea views and luxurious fixtures and fittings, features include: magnificent living room with a fireplace and access onto a large terrace of 168 m2 with sea views, dining room, fully fitted and equipped kitchen, 6 bedrooms including a master bedroom, 4 bathrooms, shower room, living room opening onto a terrace with trees, private lift, 3 garages and 2 cellars.
This property is also being sold with a 2 room apartment on the garden level of about 40m2.
FEATURES
Swimming Pool
Video CCTV Security
Electric Gate
Intercom
Caretaker
Digicode
Alarm System
Lift Access
Barbecue
Electric Shutters
Electric Awnings
Double Glazing
Home Automation
Fireplace
Sliding Windows
Air Conditioning
Water Softener
Excellent Condition
Apartment: 250m2
Balcony: 36m2
Garden: 102m2
Terrace: 168m2
Laundry Room
Panoramic Sea Views
Features
Location
Where is this property?
This Apartment is located in Cannes 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.