Income Producing 9 bedroom Manor House for sale with countryside view in Bersac sur Rivalier, Limousin

495,000 EUR 425,700 GBP 534,600 USD

Reference: 245373

Bedrooms: 9
Bathrooms: 4
Floor Size: 445 m2
Plot Size: 1.29 hectares / 3.2 acres

Features

Terrace
Garden
Land
Fireplace
Original Features
Possible Extra Dwellings
Outbuildings
Potential for Income
Countryside View
Pool View
Quiet Area
Parking
Garage
Traditional Style
Good Condition

Details

Beautifully situated 'maison de maitre' with two additional large and successful gites.

Situated in the most picturesque village and offering a mainline station a short walk away, this house and gites offer superb accommodation and total living space across three properties of over 445m2 and lying in landscaped gardens with the benefit of an in ground swimming pool and terrace.

The main house, whilst requiring some cosmetic finishing offers 2-3 floors of rooms most of which are all 20m2.
Ground floor: large hallway, living room, dining room, reception room, kitchen and shower room.
First floor: four 20m2 bedrooms plus a further bathroom.
Top floor and attic: further potential bedrooms (subject to necessary permissions), ideal for a possible chambre de hotes.

The house is double glazed and has maintained many original features including feature fireplaces.

Both gites have been fully renovated with gite one having hallway, fitted kitchen, large living room, two bedrooms, bathroom and terrace.
Gite two is larger and offers 22m living/dining room, kitchen, two bedrooms, mezzanine room plus two bedrooms and outside dining space.

All properties have access to the lovely swimming pool with sunbathing terrace. The mature gardens of almost 3 acres offer many different areas for dining, the large lawns ramble on throughout the gardens with mature trees, shrubs and bushes complementing the lawns, the views from the gardens are superb as is the wild flower meadow.
There are various outbuildings including a garage and workshops including the picturesque barn by the pool.

Limoges airport is 30 minutes away, various towns are a short drive away and Lac Saint Pardoux with its wonderful facilities is a short drive away.

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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.