Income Producing 10 bedroom House for sale with countryside view in Puy l'Eveque, Midi-Pyrenees

1,657,000 EUR 1,425,020 GBP 1,789,560 USD

Reference: 246957

Bedrooms: 10
Bathrooms: 9
Floor Size: 325 m2
Plot Size: 4.03 hectares / 9.97 acres

Features

Good Condition
Balcony
Garden
Land
Woodland
Private Pool
Hot Tub or Sauna
Fireplace
Potential for Income
Countryside View
Parking

Details

Full of charm and character is this enchanting 10 bedroom Manor House nestling in 4 hectares of beautiful landscaped gardens with pool and Jacuzzi, meadows and woodland, enjoying far reaching countryside views from its peaceful location in
Puy l'Eveque.

This magnificent property tucked away in the Lot valley is a real gem. The main house overlooks the gardens. The south-facing terrace provides an exceptional setting for al fresco dining in the shade of the walnut tree, with views over the spring-fed ponds, and a beautiful staircase leads to the pool and Jacuzzi.

The stone house is a family home that is ideal for entertaining or for a business, with its numerous bedrooms with independent access and its semi-professional kitchen. It comprises a superb living and dining room with a large stone fireplace, and
7 bedrooms with en-suite bathrooms.

Upstairs, there is a private 2 bedroom apartment with converted attic. At the entrance to the property, a magnificent orangery is used for yoga classes, art classes, conferences and private receptions.

The property has 4 hectares of meadows and woodland.

Water is present throughout the grounds, with a magnificent spring that never runs dry, adding a real plus to this inspiring location.

Within 10 minutes drive is the Lot Valley, vineyards and all the wonderful historic villages, which have regular produce markets, bakers, grocery shops, pharmacy, supermarkets, restaurants and cafes.

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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.