Income Producing 7 bedroom House for sale in Magalas, Occitanie
Currently used as a second home and holiday rental, it comprises a reception room, a dining room, a fully equipped kitchen with a breakfast area, seven bedrooms (two on the ground floor and two with en-suite shower rooms), as well as two additional bathrooms, storage space, and a garage.
Outside, the landscaped garden invites relaxation. A tiled and secure pool area features an 8 x 3.5 m saltwater pool and a separate WC.
All amenities are within walking distance. Béziers is 25 minutes away, the beaches 40 minutes, and...
Currently used as a second home and holiday rental, it comprises a reception room, a dining room, a fully equipped kitchen with a breakfast area, seven bedrooms (two on the ground floor and two with en-suite shower rooms), as well as two additional bathrooms, storage space, and a garage.
Outside, the landscaped garden invites relaxation. A tiled and secure pool area features an 8 x 3.5 m saltwater pool and a separate WC.
All amenities are within walking distance. Béziers is 25 minutes away, the beaches 40 minutes, and Béziers and Montpellier airports less than an hour away.
This is a charming, characterful two-story house with living space of 270m2.
Ground Floor: Spacious entrance hall with original features leading to the dining room with log burner. This room provides access to the garden.
A fully equipped kitchen with utility room and hallway leads to two bedrooms and a bathroom featuring a shower, sink, and WC.
There is also internal access to the garage.
First Floor: A long and bright hallway provides access to the living room with fireplace, five large bedrooms, and a family bathroom with shower, sink, and WC.
Two of the bedrooms have their own en-suite bathrooms, one featuring a bath and the other a shower.
There is also an office nook offering views over the garden.
Access to the loft provides additional storage space.
Outside: A spacious and mature garden with lawn, a large gated pool area with swimming pool and space for relaxation, a pool house, and a bathroom with shower, sink, and WC.
The property retains many original features throughout and benefits from gas central heating and partial double glazing.
The property is currently used as a holiday home and for short-term rentals, with future bookings already in place.
It is possible to purchase the house fully furnished.
Room Measurements: Ground Floor - Entrance Hall: 20.5m2 Dining Room: 24.5m2 Kitchen: 24m2 Utility Room: 7.75m2 Hallway: 8m2 Bedroom 1: 9m2 Bedroom 2: 12.5m2 Bathroom 1: 6m2 Garage: 35m2 First Floor - Hallway: 26m2 Bedroom 3: 15m2 Living room: 19.5m2 Office: 8.5m2 Bedroom 4: 16m2 Bedroom 5: 17m2 Bathroom 2: 4.5m2 Bedroom 6: 15.5m2 (En-suite Bathroom: 6m2) Bedroom 7: 15.5m2 (En-suite Bathroom: 6m2) Outside - bathroom: 6m2.
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This House is located in Magalas 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.