5 bedroom Manor House for sale with lake or river view with Income Potential in Prayssac, Midi-Pyrenees

1,497,600 EUR 1,287,936 GBP 1,617,408 USD

Reference: 244922

Bedrooms: 5
Bathrooms: 4
Floor Size: 435 m2
Plot Size: 3.73 hectares / 9.23 acres

Features

Terrace
Garden
Land
Lake or River Included
Private Pool
Vineyard or Wine Making
Tennis Court
Fireplace
Possible Extra Dwellings
Lake or River View
Garage
Good Condition

Details

Unique opportunity to acquire a wonderful 3 storey, 5 bedroom manor house with separate 2 bedroom cottage, nestling in over 9 acres of glorious land with pool, tennis court and vineyard situated on the banks of the River Lot, ideally located near all amenities in Prayssac.

This charming property offers large spaces and has been restored with taste and high quality materials. Access is via a beautiful central staircase that leads to a magnificent terrace.

Upon entering the house there is a large entrance hall as well as an office and a separate WC. The living room with open plan kitchen has a beautiful central fireplace which gives it a cosy feel. The living spaces offer stunning views of the river and the large heated salt water pool.

On the first floor is a spacious bedroom with a shower room and another bedroom attached. In the tower of the manor there are two beautiful spaces currently used as bedrooms and another bathroom.

The stone staircase leads down to the former chapel, which has also been converted into a bedroom and a third bathroom.

The basement is a superb vaulted room which could be used as a games room. A garage, a laundry room and a large pool house are also found on this level.

On the other side of the pool, an independent gatekeeper's cottage with two bedrooms completes the ensemble.

Along the long private driveway there is the tennis court and the small vineyard.

The location of this unique property, on the banks of the river, makes it an ideal place to relax and enjoy a quiet environment close to a charming little village.

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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.