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Only this summer: a unique villa auction in Theoule sur Mer

This summer could be wonderful, with the auction of a luxury villa in Theoule sur Mer that has never been offered for sale to the public before. If you want to buy a villa in Theoule sur Mer with most likely an interesting price advantage, this online auction is the perfect opportunity.

Only this summer: a unique villa auction in Theoule sur Mer

Villa Julie offers a beautiful view of the French Riviera and the Bay of Cannes. From an elevated vantage point, you can enjoy views of both Cap de la Croisette and Cannes Bay. In September you can watch the Royal Regatta, featuring vintage sailboats from all over the world. The exterior of Villa Julie features a traditional villa with modern interior spaces. The atmosphere of the coast is reflected in the interior spaces of the property, which are characterized by a serene color palette.

The living space flows through patio doors to the outdoor area with an infinity pool and multiple terraces. The villa complex is ideal for families and friends who want to enjoy the good life together. It has four guest bedrooms and a master bedroom on the main level. The lower level of the villa in Theoule sur Mer also features three studios for guests. The house has a total of 8 bedrooms and 6 bathrooms.

Theoule sur Mer, close to Cannes and nature

The luxury villa at Théoule-sur-Mer is located above the Bay of Cannes, and it offers a breathtaking view of the Iles des Lérins and the sea. Cannes is around 30 minutes away by car, or you can take a scenic route and ride the waterfront path for an hour.

The Boulevard de la Croisette is Cannes’ most prominent street. Every May, thousands of film fans and celebrities descend on this city for the Festival et de Congres. It is a walkable area full of culture and shopping. You can also explore Ville Haute, which is on high, to get a better view of the French Riviera. You can visit the old port and watch the fishing boats or take a trip on a pleasure boat to the Ste Honorat and Ste Marguerite islands. Stroll through the streets of Le Suquet for more fortresses and quaint shops. You can enjoy a picnic at Marché Forville and sample local food and wines.

Villa Julie is only minutes away from the Country Club de BarBossi and Barbossi Domaine, which both have championship tennis facilities. These establishments also have restaurants, a spa, and a golf course designed by Robert Trent Jones. Just next door are the horse riding facilities of l’Etrier Barbossi.

If you are interested in buying a villa in Theoule sur Mer through an online auction, contact us for the dossier.

How does the online auction work?

Living on the Cote d’Azur is a partner of Concierge Auctions in New York. We will act as your buying broker and help you with all paperwork and registration. Once you are confirmed as a qualified bidder, you can log in to the online auction and follow the bids. You can make a bid anytime you want and stop bidding if the price exceeds your budget.

An auction is beneficial for everyone, as it allows the buyers to purchase the world’s finest art, antiques, and automobiles. Since over $3 billion has been transacted in luxury real estate auctions, we’ve identified the “why” behind this process. Through an auction, we provide potential buyers with an exclusive look at the world’s most prestigious real estate.

The auction takes place from 27 July to August 3rd, 2023.

For the buyer

All auctioned properties are marketed around four weeks before an auction. This allows us to inform potential buyers about the process. During this period, the properties are available to inspect and preview. 

All sales are as-is, and there are no contingencies. This means that potential buyers should conduct due diligence. The documents related to the sale, such as the purchase contract and the Terms and Conditions, are sent to you. A counter bid is also a bid that the auctioneer uses to move the bidding toward the Reserve.

Throughout the industry, counter-bidding is a common practice that helps both the seller and the buyer reach a fair price. In a reserve auction, which is conducted by Concierge Auctions, the auctioneer may place a counterbid until the reserve price is met. When the bid reaches the reserve, the company will no longer perform the counter bid. The sellers do not pay an engagement fee but are responsible for title insurance and the title search.

For the buyers, a premium is charged for the high bid amount and any transfer fees. The seller also pays brokerage commissions. The live auction takes place at a nearby venue or at the property.

Individuals can participate by phone or proxy. The auctions typically start with a cocktail hour and conclude with a property auction. The properties will be “live”, as opposed to an on-site auction, and will be featured alongside other properties in a similar fashion to an On-Site auction. Buyers can also participate in our auctions through our online platform, which is called Concierge Auctions.

Through their virtual accounts, potential buyers can watch the live bidding process and interact with a proxy or phone representative. It can be conducted either on the website or during a Portfolio or On-Site sale. To sign up or view the details of the property, contact Living on the Cote d’Azur to represent you.

For the seller

The sellers name the price and the terms of the sale, and it’s conducted through a transparent and simple bidding process. The process allows the buyers to receive a quick and easy transaction. It also allows the sellers to gain global exposure through their marketing campaigns and sales support. Listing agents can earn their commissions by participating in the auction.

Unlike distressed sellers, our typical sellers are not in a financial mess. Instead, they’re choosing to sell their property through an auction to achieve their goals.

We only accept high-end properties that are priced at over $2 million. Each submission is considered for consideration, and we only accept one per 20. The main reason why people choose to sell through an auction is not because it’s an alternative to traditional real estate sales. It’s because we believe that we’re an added tool that the sellers can use to achieve their goals.

We’ve encountered the disadvantages of the traditional brokerage model in the ultra-luxury market. In this type of environment, properties tend to be very scarce, even during healthy market conditions.

If you’re planning on selling a property, an auction might be the best option. However, it’s important to note that each market has different criteria that can affect the outcome of a sale. For instance, if a home is priced above the threshold, it might not be able to attract the necessary buyers.

Although it’s usually a good idea to consider selling a property at a lower price, it’s also important to note that the price of a home doesn’t always reflect its interest level. An auction is beneficial for everyone, as it allows the buyers to purchase the world’s finest art, antiques, and automobiles. Since over $3 billion has been transacted in luxury real estate auctions, we’ve identified the “why” behind this process.

by Ab Kuijer/10 July 2023/in Blog
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