Renovated 3 bedroom B and B for sale with countryside view in Puy l'Eveque, Midi-Pyrenees

399,000 EUR 343,140 GBP 430,920 USD

Reference: 245000

Bedrooms: 3
Bathrooms: 2
Floor Size: 205 m2
Plot Size: 0.61 hectares / 1.5 acres

Features

Private Pool
Possible Extra Dwellings
Outbuildings
Potential for Income
Rentable Accommodation
Countryside View
Parking
Traditional Style
Good Condition

Details

Attractive and versatile stone property, very close to a charming village in the Lot, with outbuildings and income potential.

The two-storey house offers the possibility of having 2 separate dwellings or one large house.
First floor you will find an entrance hall leading to a dining room and a bright conservatory. The hallway leads to a cosy living room with wood-burning stove, a kitchen and 2 spacious bedrooms that share a bathroom with shower and bath. On the ground floor there is a second living room opening onto a superb terrace, a study, a bedroom with shower room, a WC, a utility room, a separate kitchen and a large storage area.
The 2 levels are linked via an internal staircase that can be closed off if required.
The house is in very good condition and has been fitted with a heat pump, underfloor heating and double glazing.

The property sits in an acre and a half of enclosed garden and includes an above-ground swimming pool. The garden features many mature trees including several fruit trees.
The pretty barn offers many possibilities and is currently divided into several areas (workshop, storage and barn).
A car port provides parking for 2 cars.

The house is located just a mile from a village with a restaurant, bakery and small shops, and 10 minutes from a town with all amenities.

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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.