7 bedroom Farmhouse for sale with countryside view with Income Potential in Thouars, Nouvelle Aquitaine
A second building (old stables) has two guest houses, storage rooms and a play loft.
The grounds of nearly 4 acres is laid to lawn with mature fruit trees, terraces and gravelled areas. A pool could be installed (subject to necessary permissions).
The main building boasts a large reception hall/entertainment area of 100 m2 with adjoining dining hall (70 m2) with large fireplace and open bar/kitchen.
Arched glass doors lead to the sun terrace and gardens.
Behind the large hall is a private eat-in kitchen and private salon with wood burner, WC and a boot room/ utility room.
On the first floor are two double bedrooms, a family bathroom, a master bedroom with en suite bathroom and dressing and mezzanine gallery overlooking the dining hall.
The second part of the main building has a bright and spacious open plan living area (82 m2) with kitchen, fireplace and adjoining bedroom and bathroom.
On the first floor is a second bedroom and mezzanine gallery overlooking the living room.
The property sits on the edge of a small village, only minutes from Thouars with chateau, weekly market and amenities.
Beautiful Saumur on Loire is only 30 minutes minutes by car.
This is an exceptional property, well renovated and perfectly suited for multi-generational living, as a Band B property, a venue and more.
It is presented in turnkey condition and with a wealth of original features including exposed beams and exposed walls throughout.
The property is connected to main drainage.
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Location
Where is this property?
This Farmhouse is located in Thouars 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.