Inviting 3 bedroom House for sale with countryside view in Saint Leger Magnazeix, Limousin
Set on an easy to maintain plot of 21,205m2, this lovely house comprises of, on the ground floor: entrance hall leading to a spacious fitted and equipped kitchen (many appliances included), large dining room, which is equipped with a recently installed pellet burner set in a charming stone surround with a mantle-piece. Living room with its original fireplace and wooden floor.
From the entrance hall, the beautiful wooden staircase leads to the first floor where there are 3 good sized bedrooms (all with wooden floors), 2 of which have en-suite shower rooms with WC's and original fireplaces. There is also a further bathroom with a washbasin and separate WC.
A second staircase leads to a huge, fully insulated, boarded attic.
Under the house is a cellar, part of which is used as a laundry room.
Outside, at the rear, there is a split-level terrace and a further covered terrace overlooking the pretty enclosed garden with a well. A door leads to the adjoining workshop (approximately 95m2) which has double doors to the front of the property and an upper level of the same size. To the right of the property is a further storage area, a separate WC with sink, and a further room of 33m2 currently used as a tea room.
Whilst this property is being sold as a dwelling, the current owners have been running a successful garden centre business in the remaining large part of the garden for several years. Price on request for parties interested in purchasing this opportunity.
This is a fabulous property which benefits from double glazing throughout and mains drainage.
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This House is located in Saint Leger Magnazeix in France
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Buying a Property in France
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.