Income Producing 7 bedroom Commercial Property for sale in Monpazier, Nouvelle Aquitaine
Fully refurbished in 2022, the complex includes two heated pools.
Home 1:
19th Century Traditional Stone Farmhouse (180m2 - Single Level). Beautifully renovated with reverse cycle air conditioning throughout. Spacious open-plan living room and dining area featuring original beams and a wood burner. Contemporary separate kitchen. Master suite with a new en-suite bathroom with walk-in shower and WC. Two additional large twin bedrooms. Family en s...
Fully refurbished in 2022, the complex includes two heated pools.
Home 1:
19th Century Traditional Stone Farmhouse (180m2 - Single Level). Beautifully renovated with reverse cycle air conditioning throughout. Spacious open-plan living room and dining area featuring original beams and a wood burner. Contemporary separate kitchen. Master suite with a new en-suite bathroom with walk-in shower and WC. Two additional large twin bedrooms. Family en suite bathroom with walk-in shower and WC.
Garden room opening directly onto the south-facing terrace, garden, and pool.
In Jan 2024, utility room equipped with heat pump reverse cycle air conditioning, heat pump hot water system, and water softener.
Double-glazed throughout.
Outdoor Features: Recent 10m x 4m heated saltwater pool (April 2023). Spacious landscaped garden of over an acre with expansive lawns. Tiled terrace with gazebo and outdoor dining area seating 12.
Large 240m2 barn with significant conversion potential.
Home 2:
(125m2) Fully rebuilt in 2009 and comprehensively refurbished in 2022. Reverse cycle air conditioning, double glazing, electric and wooden shutters.
Ground floor features an open-plan living/dining/kitchen area and a master bedroom with independent entrance, en-suite bathroom, and walk-in shower, fully accessible for individuals with reduced mobility.
First floor comprises two bedrooms, each featuring en-suite bathrooms with showers, electric shutters, and reverse cycle air conditioning;
Outdoor Features: Recent 5m x 3m heated plunge pool (2022).
Teak terrace with gazebo and outdoor dining space seating six.
100m2 stone barn with power and water, currently used as workshop/storage.
Home 3: Chalet-style owner's residence (90m2 + 45m2 Garage)
Modern, chalet-style construction completed in 2012.
Open-plan layout featuring living room, dining area, kitchen, bedroom, new hot tub, and separate bathroom with shower, WC, and storage. Integrated 45m2 garage/storage space. Separate utility room with external access, housing 2022 water softener system and two industrial-size (16kg) washer/dryer units.
Additional Features: Starlink high-speed satellite Internet service (150-400 Mbps) installed throughout.
This exceptional property offers luxurious living and income potential, ideally positioned in one of the Dordogne's most desirable locations.
The DPE for each house is available on request.
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This Commercial Property is located in Monpazier in France
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Buying a Property in France
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.