7 bedroom House for sale with sea view with Income Potential in Menton Garavan, Menton, Provence Alpes Cote d'Azur
Built in 1888 this elegant property stands above the Port of Garavan, on the French Italian border. A rare property with old-world charm, situated in an idyllic setting with breathtaking sea views.
The area of Garavan is extremely residential and still retains much of its Belle Epoque architecture, it is a protected area and very much sought after.
The property requires total renovation to realise its potential as a wonderful family home or secondary residence.
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Built in 1888 this elegant property stands above the Port of Garavan, on the French Italian border. A rare property with old-world charm, situated in an idyllic setting with breathtaking sea views.
The area of Garavan is extremely residential and still retains much of its Belle Epoque architecture, it is a protected area and very much sought after.
The property requires total renovation to realise its potential as a wonderful family home or secondary residence.
Gates from the boulevard open onto the sweeping drive which leads gently down to the villa and parking area. Alternatively, a garage is situated at the boulevard level and steps lead down to the villa.
The main house of 550m2 arranged over 3 levels offers generous volumes with high ceilings which reinforce its majestic appearance.
There are large outdoor terraces for entertaining, surrounded by its own gardens, private drive and pool. The gardens are planted with a variety of Mediterranean plants and exotic fruit trees.
On the main level, an original arched entrance door dated above as 1888 opens onto a reception hall. A double living room with fireplace opens onto large dining terraces, gardens and benefits from the sea views. There is an adjoining library or TV room, the dining room adjoins the living room through partition arches and columns, and then in turn leads across to the large family kitchen with central workstation with adjoining breakfast room with arched features looking over the pool.
On the upper level, a central staircase with iron balustrade leads up to the first floor, with four bedrooms, of which two suites, with walk in wardrobe and bathrooms.
On the garden level, there are 3 guest apartments with separate external access, laundry, and spa area.
In the garden is an independent house of 60m2 living space for personnel/security.
There is a guardian's lodge of 182m2 living space over three levels in an unfinished state on the boulevard, and a garage for 2 vehicles. Ample parking for many vehicles inside the grounds.
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This House is located in Menton 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.