5 bedroom Farmhouse for sale with Income Potential in Issigeac, Aquitaine

410,000 EUR 352,600 GBP 442,800 USD

Reference: 244586

Bedrooms: 5
Bathrooms: 4
Floor Size: 256 m2
Plot Size: 0.69 hectares / 1.71 acres

Features

Garden
Private Pool
Original Features
Possible Extra Dwellings
Countryside View
Quiet Area
Parking
Good Condition

Details

A beautiful old stone farmhouse in a quiet country hamlet, complete with separate guest accommodation.

This charming and versatile character property has been renovated but has maintained all of the character one expects. There are three beautiful traditional fireplaces throughout the property, a fabulous country kitchen, a light- filled living room with doors out onto the terrace, and a sun room opening to the rear of the property with lovely views.

The accommodation can be split in many ways. There are 4 bedrooms in the main body of the property and 3 bathrooms /shower rooms.

There is a self contained guest annexe that has its own living area and kitchen with a bedroom and en-suite bathroom on the first floor. This part was renovated from an old pigeonnier in 2012.

The property is in a great location only 5 minutes drive from the historic village of Issigeac and less than 20 minutes drive from Bergerac international airport.

Price includes agency fees.

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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.