5 bedroom Farmhouse for sale with countryside view with Income Potential in Sauzet, Midi-Pyrenees

666,750 EUR 537,285 GBP 674,730 USD

Reference: 246671

Bedrooms: 5
Bathrooms: 3
Floor Size: 300 m2
Plot Size: 0.55 hectares / 1.36 acres

Features

Garden
Land
Private Pool
Fireplace
Original Features
Potential for Income
Countryside View
Quiet Area
Parking
Traditional Style
Good Condition

Details

Set on the edge of a charming hamlet in the Lot is this very pretty stone property house, typical of the Quercy area, with guest accommodation.

The main house is accessed via a set of stones steps and covered balcony, known as a "bolet" or 'balet', which leads to the pigeonnier which has been converted into a study and the entrance hall. A lovely and bright living room of almost 70m2 features a large fireplace, parquet floors and kitchen area. A cloakroom and WC are also accessible from this room.
On the same level, there is a beautiful master suite with dressing room, contemporary bathroom/shower and separate WC.

Upstairs, a large landing leads to 3 bedrooms and a shower room.

On the garden level, there is a superb vaulted dining room with a lovely adjoining summer kitchen leading directly onto the magnificent terrace offering stunning views over the countryside.
A covered terrace overlooks the sunny swimming pool.

The guest house is on the other side of the courtyard and has a living room with open-plan kitchen, a bedroom, a shower room with separate WC and a lovely covered terrace.

Outside there is also an old bread oven, a garden shed and further storage rooms.
Possible gite business (subject to necessary permissions).

This beautiful property is ideally situated in attractive mature grounds, just a few minutes from the nearest shops, 30 minutes from the town of Cahors and just 15 minutes from Prayssac and Montcuq.

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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.