20 bedroom Chateau for sale with countryside view with Income Potential in Loches, Centre

1,690,000 EUR 1,453,400 GBP 1,825,200 USD

Reference: 247446

Bedrooms: 20
Bathrooms: 16
Floor Size: 930 m2
Plot Size: 29.75 hectares / 73.51 acres

Features

Original Features
Multiple Dwellings
Good Condition
Garden
Land
Traditional Style
Garage
Parking
Private
Countryside View
Fireplace
Terrace
Outbuildings
Possible Extra Dwellings
Woodland
Lake or River Included
Potential for Income
Private Pool

Details

Wonderful opportunity to acquire a beautiful historical French Chateau with outbuildings and extra accommodation, nestling in 73.5 acres of glorious land with beautiful gardens, swimming pool and lake, while enjoying far reaching countryside views from its private location near Loches.

It offers good access to local amenities, Tours is around 1 hour's drive away and there are autoroute links to Paris and beyond.

This late 19th C. chateau was constructed on the foundations of a manor that dates back to the 14th century.

It is composed of a centrally positioned 3 storey chateau, flanked by two large buildings.

With ceiling heights over 3m the ground floor provides a formal entrance hall, oak staircase, office/library, three spacious living and dining rooms and a professional kitchen with internal access to an independent 2 storey apartment.

The first floor is home to 8 bedrooms ranging from 11m2 to 48m2 with 6 bathrooms/shower rooms, 2 WCs and a small kitchen.

The second floor homes a studio apartment at one end and 6 bedrooms along the corridor with 6 bathrooms/shower rooms and a further 4 bedrooms and 2 bathrooms on the upper floor of the tower.

The two 2 storey outbuildings opposite the chateau have been refurbished and modernised and today provide in building 1: a computer/work room, storeroom, ground floor classroom, cloakrooms and wc, consecrated chapel, and 1st floor seminar room.

Building 2 has 3 showers and 3 WCs, 100 place classroom and 1st floor seminar room.

In addition, there are further outbuildings that include a laundry room and archives, boiler room and wood chip store, tractor hanger and workshop, covered parking, and a circular "pigeonnier" to the south of the chateau. To the north is the "Lake House" with licensed bar and living rooms and accommodation above and a separate meeting room in another building.

Permission was granted for the creation of a larger (150m2) chapel style building on site and remains a possibility for creating this building.

The estate covers a total surface area of 73.5 acres (29.75 hectares) bordered by country lanes and roads on all sides. Approximately half of the land is a beautiful forest, with walks and paths within, and providing the supply of wood required for heating the property for many years to come. The lake measuring in the order of 3 acres (1.2 hectares) is located to the rear of the "lake house" (north of the chateau) with an island and home to 3 swans the day I visited.

The 8 x 4m swimming pool is situated to the rear of the chateau, a short stroll across the terrace. The formal entrance drive is gated and the driveway leading to the chateau passes through the garden with lawn on either side and ornamental trees ending in front of the main chateau building.

There is a separate "deliveries" entrance to the rear of the outbuildings that leads to a gravelled parking area in front of the garages and ample parking on site.

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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.