Income Producing 8 bedroom House for sale in Thiviers, Aquitaine

402,800 EUR 346,408 GBP 435,024 USD

Reference: 236746

Bedrooms: 8
Bathrooms: 3
Floor Size: 220 m2
Plot Size: 7 hectares / 17.31 acres

Features

Terrace
Lake or River Included
Fishing Facilities
Possible Extra Dwellings
Outbuildings
Potential for Income
Private
Parking
Good Condition

Details

Beautiful 8 bedroom stone built country house, with a total living area of 220m2, set within a large plot of around 7 hectares with a swimming pool and stunning countryside views.

Located only 6 minutes from a village with shops and a doctors, this lovely property has been lovingly refurbished and is beautifully presented.

First house, which is currently used as a gite:
Ground floor: living room with a fitted kitchen, hallway opening onto a bedroom, bathroom and a WC.

Upstairs: 2 further bedrooms and a 35m2 attic that could be converted.

Attached barn of 25m2, which could also be converted into living space (in both cases, subject to any necessary permissions).

The house opens onto a well maintained 600m2 garden with a wooden terrace and a 6 x 4m heated swimming pool.

Second house:
Ground floor: 37m2 living room with an open plan kitchen, WC and a bedroom with an en-suite shower room.

First floor: space that could be a small office, 2 bedrooms, as well as 2 other bedrooms in a row and a bathroom with a WC.

There is also a barn of 300m2 and a 1.98 hectare fishing lake which is fed by springs. Heating by pellet stove in both houses.

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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.