Income Producing 4 bedroom Farm Estate for sale near Chatelus Malvaleix, Nouvelle Aquitaine
The property has been tastefully refurbished to offer spacious and comfortable living accommodation.
Offering ample living space, in a quiet tucked away hamlet, whilst only being 2.5km from the pretty town of Chatelus-Malvaleix with its small supermarket, pharmacy, vets, swimming lake, restaurants and cafes, this is ...
The property has been tastefully refurbished to offer spacious and comfortable living accommodation.
Offering ample living space, in a quiet tucked away hamlet, whilst only being 2.5km from the pretty town of Chatelus-Malvaleix with its small supermarket, pharmacy, vets, swimming lake, restaurants and cafes, this is a wonderful opportunity to purchase the French dream, whilst if desired, running a retreat business (subject to necessary permissions).
The main house comes with a warm and welcoming spacious living room with a log burner, a large kitchen dining room down the original stone steps, with log burner, and a large room off the kitchen which is currently being used as storage but would make an additional dining room.
The kitchen has a fantastic four oven gas AGA, granite counter tops, and an island.
On this level there is a hallway area currently set up as an office,and a family bathroom with slipper bath.
Upstairs there are three double bedrooms, two bathrooms (one en suite), and a large mezzanine area currently set up as a relaxing living room, but could provide additional accommodation, with the correct planning permissions.
The second cottage has a large open plan parking area beneath, and upon entering the front door, there is a large entrance hall, and upstairs an open plan living space, with fitted kitchen, living room, and bedroom area.
There is a wet room and a further bathroom with wc and basin.
Patio doors lead onto a pretty balcony with lovely views over the meadow - perfect for guests early morning coffee.
There is a large summer kitchen overlooking the pool, with a further shower room.
The retreat area has a nail bar, sauna, hot tub, and treatment room, providing a perfect business opportunity for guests to use when staying in the independent cottage.
The gym is currently set up above the double garage, but could also make additional living accommodation if required (subject to necessary permissions), already plasterboarded with flooring down, and ample storage under the eaves.
This really is a wonderful opportunity to live the French dream, whilst potentially earning income from its additional cottage and spa facilities, whilst living in a really pretty location.
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This Farmhouse is located in Chatelus Malvaleix 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.