6 bedroom Farmhouse for sale with Income Potential in Barbezieux Saint Hilaire, Poitou-Charentes

424,000 EUR 364,640 GBP 457,920 USD

Reference: 246105

Bedrooms: 6
Bathrooms: 3
Floor Size: 120 m2
Plot Size: 1.16 hectares / 2.87 acres

Features

Details

Exciting opportunity to develop this character farmhouse with outbuildings in an enchanting setting with almost 3 acres of land in a rural setting yet close to Barbezieux Saint Hilaire.

This 6 bedroom property been handed down through the generations of the same family, and has immense potential for developing a hotel or artistic business.
Nestled in the heart of an enchanting setting, this former farmhouse offers a haven of peace in perfect harmony with the surrounding nature.

Main features :
Two dwellings: This property comprises not one, but two separate dwellings. These two independent residences offer a wealth of possibilities, from creating additional living space for visitors to hosting artists in residence.

Numerous outbuildings: The outbuildings on the property add an authentic touch to the ensemble. These outbuildings can be transformed into artist's studios, reception rooms or relaxation areas for the guests of any future project.

Spacious grounds planted with American walnut trees: The vast grounds of over a hectare surrounding the property are adorned with majestic black walnut trees.

Investment potential : Hotel business: With two dwellings and outbuildings to exploit, there is the opportunity to create a unique hotel establishment. Potential for charming guest rooms, a boutique hotel or a peaceful retreat where visitors can recharge their batteries in the heart of nature.

Artistic activity: The peaceful and inspiring atmosphere of this property makes it a favourite spot for artists. One could consider transforming the outbuildings into art studios, exhibition spaces or even artists' residences where artists can give free rein to their creativity.

Additional information: The privileged location of this property offers the perfect balance between privacy and accessibility. Situated just a few minutes from the town centre, all the amenities are close by , yet is protected from the hustle and bustle.
For anyone passionate about history, art or simply love nature, this property offers authentic charm and development potential.

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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.