Income Producing 8 bedroom Farmhouse for sale in Excideuil, Aquitaine

678,300 EUR 583,338 GBP 732,564 USD

Reference: 246571

Bedrooms: 8
Bathrooms: 7
Floor Size: 340 m2
Plot Size: 4.47 hectares / 11.05 acres

Features

Details

Lovely character property with gites, pool and income potential set in 11 acres in the Dordogne countryside.

This generously proportioned 17th century property has been meticulously restored with impeccable taste and high quality workmanship.
With total living space of 340m2, it is bright and spacious with original features such as impressive stone fireplaces, solid oak flooring and door furniture, exposed stone walls and massive wood structural beams but with the benefit of modern bathrooms and kitchens equipped with the latest appliances.

The rooms on the ground floor have outdoor terrace balconies from which to savour the surrounding countryside.

Main house - a stone staircase leads up to a roomy front terrace with its own snug seating area, with main entrance leading to a large kitchen/dining room/sitting area with impressive fireplace and underfloor heating.
Stepping through a stone arched doorway is the master-bedroom with luxury en-suite shower room on the ground floor and underfloor heating.
An oak staircase leads down to the lower ground floor, with a spacious living room and utility area with a wood-burner and patio doors opening to the courtyard and garden.
Off to the side there is a shower room with WC.

From the main level, a further staircase leads up to an oak-floored landing on the first floor with exposed beams, 2 further bedrooms and one bathroom with WC.

Guest annexe 1: Entry is via the courtyard and this opens out into a large equipped kitchen/dining/living room, with a wood-burning stove and vaulted galleried landing above. Leading off to one side is a spacious downstairs bedroom which has French doors leading onto a wood balcony terrace.
The downstairs bedroom also has an adjoining bathroom with tiled shower, w/c and sink.
Upstairs are two further bedrooms each of which has its own bathroom.

Guest annexe 2: Entry via the courtyard, the second annexe has a large equipped kitchen/dining/living room, with French doors opening onto a spacious outside entertaining area which overlooks the countryside and pool.
Upstairs are two bedrooms and a bathroom with WC. The property comes with a wood framed chalet, an old stone bread oven, well, stone drying barn, several stone ruins, garden shed and walled garden.

The recently-installed heated salt-water swimming-pool measures 10 x 5 m with a full security fence.

The property comes with 4.5 hectares of private land with mature trees and wild meadow.

This property is currently run as gite business (a future owner would need to reapply for any necessary permissions and business registration). It therefore offers additional commercial appeal to someone wishing to create small piece of heaven in tranquil surroundings, yet within easy access of two villages within a few minutes' drive.

Viewing of this beautiful property is highly recommended.

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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.