Income Producing 5 bedroom House for sale with lake or river view and panoramic view views in Saint Cirq Lapopie, Midi-Pyrenees

675,000 EUR 580,500 GBP 729,000 USD

Reference: 247535

Bedrooms: 5
Bathrooms: 5
Floor Size: 229 m2
Plot Size: 791 m2

Features

Balcony
Terrace
Garden
No Pool
Build Pool
Hot Tub or Sauna
Fireplace
Original Features
Multiple Dwellings
Possible Extra Dwellings
Potential for Income
Existing Tourism Licence
Rentable Accommodation
Lake or River View
Panoramic View
Walk to Amenities
Traditional Style
Turnkey
Good Condition

Details

Superb and beautifully renovated stone property in the heart of one of the most beautiful villages in France, with versatile accommodation and income stream, with unparalleled views over the River Lot and surrounding countryside.

Set in the heart of Saint Cirq Lapopie, the stylishly renovated property consists of two residences, currently rented out all year round as gites but they could equally be a charming holiday home.

The smaller, stone house comprises a fully equipped, open plan kitchen/diner with a living room area and is made cosy by the pellet burner stove for chilly winter months.
Upstairs there is a large en suite bedroom with living room area, dressing room and mezzanine.
Outside, there is a private terrace on two levels with a Jacuzzi and uninterrupted views over the village.

The larger stone house benefits from 4 luxurious, en suite bedrooms all stylishly designed to make the most of the views and of the character features.
The two bedrooms at garden level have their own, private terrace areas and the two large en-suite bedrooms on the first and second floors have sitting areas with lovely views.
A charming entrance hall with feature fireplace leads to a pretty breakfast room with access to yet another private terrace. There is a useful room for stocking linen on the first floor and from the landing here, there is access to the attic which is perfect for storage.
Heating is via practical inertia radiators and all bedrooms are equipped with their own independent water and electricity supply.
Outside, accessed from the courtyard there is a preparation kitchen and laundry room.

A parcel of land of 488m2 with a useful cabin is adjacent and is accessed via steps from the small road.

The views down to the river Lot from here are breathtaking.
The property is within walking distance of all that buzzing St. Cirq Lapopie has to offer in the summer, with a selection of great restaurants, bijou shops and art exhibitions.
There is a supermarket 2 kms from here and more shops and services under 15kms away.

Sold completely furnished (subject to conditions), this property is easy to fal in love with. An unmissable opportunity for someone looking for a stylish pied-a-terre or for a year round •gite rental business, in a very popular location.
(•A future owner may need to reapply for the necessary permissions and business registration)

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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.