Character 12 bedroom French Chateau for sale in Madiran, Gers, Midi-Pyrenees

2,900,000 EUR 2,494,000 GBP 3,132,000 USD

Reference: 242901

Bedrooms: 12
Bathrooms: 11
Floor Size: 730 m2
Plot Size: 28.78 hectares / 71.12 acres

Features

Details

Situated in a quiet setting in Madiran, right in the heart of the Gers area and surrounded by vineyards, this superb Gascon property offers an enchanting setting just 5 minutes from all amenities and 20 minutes from Nogaro.

This stone chateau, which spans around 900m2, has been completely renovated whilst preserving its original charm. Built in 13th Century, rebuilt in 1830, it underwent a complete renovation between 2014 and 2017.

The majestic entrance hall leads to a welcoming living room and a huge kitchen with old terracotta floor tiles, providing a warm family living space. On the other side, a library overlooking the park and 3 large, comfortable en-suite bedrooms plunge you into a timeless atmosphere.

On the first floor, there are 4 further bedrooms, all with their own en suite bathrooms.

On the second level, 4 further bedrooms, 3 shower rooms and a beautiful living room with exposed beams allow you to envisage a more independent area, ideal for guests or to create a private space.

The converted outbuilding, which spans around 300m2, is currently used as a reception room, living room and exhibition gallery, offering a host of possibilities to suit your needs.

The 30 hectares of parkland offer breathtaking 360 degree views. You can enjoy an exceptional natural environment with woods and forests of oak and chestnut trees. What's more, part of the park can accommodate 10 hectares of AOC vines, giving you the opportunity to create your own wine production.

This property represents a unique opportunity to acquire a beautifully renovated historic residence in an idyllic Gers setting. Whether you are planning to make it your main residence, a tourism project or a business venture, don't miss out on this exceptional opportunity.

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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.