Character Income Producing , Countryside View 10 bedroom French Chateau Limoges

1,680,000 EUR 1,444,800 GBP 1,814,400 USD

Reference: 241235

Bedrooms: 10
Bathrooms: 11
Plot Size: 0.22 hectares / 0.55 acres

Features

Details

Totally refurbished and in immaculate condition throughout, this superb 10 bedroom Chateau is ideally located in a quiet and private setting just 10 minutes from the historical city of Limoges.

This stunning Chateau, which has been beautifully renovated with passion, style and taste, is truly a turnkey property with nothing left to do, apart from enjoying the huge amount of hard work that has gone into it.

The Chateau has many possibilities, it would make an ideal family residence or has various possibilities and is registered for business use, currently, it is operated as a luxury B&B and wedding venue and has ongoing contracts with an American tour operator for American tourists by coach. The other very fashionable business interest now is full-service chateau rentals, this would attract around 15,000 euros per week and with the tourist season in this region being around 26 weeks makes a very lucrative business opportunity.

The chateau is set in its parkland of just under 2.5 hectares offering the perfect retreat.

Ground floor: large entrance hall which runs from front to back with access from the front and rear terrace, bar and social room in one of the towers, a large formal dining room, large living room, bedroom with an en-suite bathroom ideal for clients or family with restricted mobility, dining room, fully fitted semi-commercial kitchen, larder, boiler room and utility room, staff bedroom with an en-suite bathroom.

1st floor: 4 large bedroom suites, all with en-suite facilities, including 1 room with a luxury spa bathroom.

2nd floor: 4 large and luxurious bedrooms, all with en-suite facilities and the bridal suite, which is a gorgeous round bedroom built into the tower with a dressing room and en-suite bathroom.

3rd floor: large attic which has not been converted, but would easily convert into self-contained apartments.

Outside: upon arrival, one drives through the large iron gates to an incredible view of the front of the chateau, this chateau was built in 2 phases so the front is very much different to the back, built by a very rich noble the front is very traditional with a large tower each side, to the rear is the very tradition rectangle shape making this a very unusual and unique chateau.

Sweeping round the chateau is its gorgeous grounds of over 2 hectares which includes a large garage ideal for up to 6 cars built on top of the original vaulted wine cellar, which to date is still used for storing wines, the Orangerie has been fully restored to its former glory and currently operates as a tea room and function room for weddings, swimming pool and new edition this year with Jacuzzi and sauna rooms.

The grounds have been landscaped so plenty of places to disappear to read a book or take a nice glass of wine with a veranda, terrace area and seating dotted around the park, the fountain is a popular feature with the guests, it even has its little pitch & putt and a tennis court. Some of the views from the park are amazing with views over the valley to a very historic French castle which is now a ruin but open for visitors.

The chateau is partly double glazed but certain original windows remain as they could not be replaced to the same beauty, the property is on mains drainage, has full central gas heating and has undergone a huge re-wire through the majority of the property.

Words cannot describe this stunning property and photos cannot show the quality of workmanship carried out by the huge team of artisans, the only way to experience the full effects this chateau has to offer is to visit.

Show Map

France Property Buying Guide

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.