Income Producing 15 bedroom Farmhouse for sale with countryside view in Aulnay, Poitou-Charentes

855,000 EUR 735,300 GBP 923,400 USD

Reference: 241078

Bedrooms: 15
Bathrooms: 12
Floor Size: 881 m2
Plot Size: 1.51 hectares / 3.73 acres

Features

Fruit Trees
Fireplace
Possible Extra Dwellings
Outbuildings
Potential for Income
Countryside View
Good Condition

Details

Superb income-producing property with a total of 15 bedrooms, on the edge of a charming hamlet in the countryside of Charente Maritime.

Originally a cognac merchants' residence, this very nicely renovated property comes with a principal residence as well as 5 high quality gites and a range of very useful barns and outbuildings.

Set in almost 4 acres of land, it sits behind an imposing gated entrance and includes a walled garden, orchard and in-ground heated swimming pool.
The manoir itself offers 300m2 of elegant accommodation with high ceilings, original tiled and wooden floors as well as original fireplaces plus many other period features.
There is central heating (recently installed new oil-fired boiler) and double-glazing throughout.
The ground floor comprises a large entrance hall, a stunning 48m2 kitchen, 3 large light-filled reception rooms, a bathroom, a wc, an office and pantry.
On the first floor is a huge master bedroom suite with dressing room and en-suite, a landing, a bathroom plus two further very large double bedrooms.
Stairs lead to a large attic space that could (subject to relevant permissions) be converted into further accommodation.
There are 5 x two and three bedroomed gites (four of which are centrally heated), all finished to a high standard with private outdoor dining areas.
In addition there is a large cinema/games room, an outdoor kitchen, a covered alfresco dining area and the superb heated in-ground pool.

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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.