Income Producing 12 bedroom House for sale with countryside view in Campsegret, Nouvelle Aquitaine
The main house (155m2) comprises of a spacious living and dining room with beautiful fireplace and bright open kitchen, large entrance hall, study, two bedrooms, a shower room with separate wc and laundry/boiler room on the ground floor.
Upstairs is a lovely bedroom with a new shower room and separate WC, and a room used as an attic/games room.
The Gite (65m2) comprises of a living and dining room opening onto the kitchen, bedroom, shower room wi...
The main house (155m2) comprises of a spacious living and dining room with beautiful fireplace and bright open kitchen, large entrance hall, study, two bedrooms, a shower room with separate wc and laundry/boiler room on the ground floor.
Upstairs is a lovely bedroom with a new shower room and separate WC, and a room used as an attic/games room.
The Gite (65m2) comprises of a living and dining room opening onto the kitchen, bedroom, shower room with laundry area and separate WC.
Upstairs is a bedroom and large landing for another bed or office area.
The barn (150m2) has been divided into a large workshop, garage, studio (shower and bedroom) and summer kitchen. The latter is adjoining and opens onto a covered terrace leading to the heated saltwater swimming pool (10 x 5m) with a new liner.
Access is via an electric gate, and a second gate gives access to another independent building in need of renovation.
There is a large vegetable garden and fruit trees.
Features include oil-fired central heating and a compliant septic tank.
Another private access road leads to the two houses (90m2 and 110m2) currently rented out on a year-round basis and which could become gites. Each has 3 bedrooms, an open-plan kitchen, bathroom, laundry room/garage and individual oil/electric heating. They are equipped with a standard septic tank and double-glazed windows.
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This House is located in Campsegret 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.