7 bedroom Farmhouse for sale with panoramic view with Income Potential in Quillan, Languedoc-Roussillon

490,000 EUR 421,400 GBP 529,200 USD

Reference: 245002

Bedrooms: 7
Bathrooms: 8
Floor Size: 300 m2
Plot Size: 631 m2

Features

Terrace
Garden
Private Pool
Fireplace
Original Features
Possible Extra Dwellings
Outbuildings
Potential for Income
Rentable Accommodation
Panoramic View
Quiet Area
Parking
Walk to Amenities
Traditional Style
Good Condition

Details

Beautifully situated character property in a tranquil position just a few minutes on foot from the centre of the popular and lively town of Quillan, in the foothills of the Pyrenees.

The large family home provides spacious accommodation over 3 levels. It could equally be used as a main house and 2 apartments which are already set up and equipped with fitted kitchens and separate entrances - ideal for holiday rentals which would generate a significant income (subject to necessary permissions).

The property has been fully renovated with care taken to conserve period features such as the marble fireplaces and decorative floor tiles.
The well proportioned rooms are tastefully decorated and all the bathrooms are modern and well fitted.
There is town gas central heating, wood burning stove and a mixture of electric and gas for hot water.

Set in a small and well laid out plot, the south facing terraced gardens lead onto a good sized swimming pool and to a converted barn that serves as an additional living area.
The barn is equipped with a summer kitchen, dining terrace with built in barbecue, and a games room - a fabulous space for entertaining. From here there are stunning views over the town to the mountains beyond.

In addition there are 2 garages, a workshop, laundry room and several storage rooms.
In total, there is approximately 300m2 of habitable space with over 400m2 of sunny outdoor entertaining areas making this a very interesting property.

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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.