Renovated 3 bedroom house for sale with countryside view in Olonzac, Languedoc-Roussillon
Built on Cistercian ruins, this charming substantial property has been fully renovated to feature high-end comforts including underfloor heating throughout and double glazing.
The 234m2 includes a spacious living and dining room, fully fitted kitchen and WC on the ground floor.
On the first floor are the three bedrooms, a walk in wardrobe, 3 bathrooms and a WC.
Set in 4.5 ha of olive and pine trees in the popular Minerv...
Built on Cistercian ruins, this charming substantial property has been fully renovated to feature high-end comforts including underfloor heating throughout and double glazing.
The 234m2 includes a spacious living and dining room, fully fitted kitchen and WC on the ground floor.
On the first floor are the three bedrooms, a walk in wardrobe, 3 bathrooms and a WC.
Set in 4.5 ha of olive and pine trees in the popular Minervois region of Southern France, it really feels like a private retreat but is within 1 hour of international airports and the Mediterranean coast.
This is the dream property for anyone who enjoys entertaining with its spectacular stone caves including a projection screening room, games room with pool table and bar area, and wine cellar.
Outside, there is a private pool, substantial terraces, and a wood fired pizza oven. There are five individual garages and several large workshop areas which can be used as a gym area, workshop, atelier / studio, or developed further (subject to necessary permissions).
There is also an orangerie / veranda area with floor to ceiling windows with views out over the garden (currently used as a home gym and would also make a fantastic artist or yoga studio).
The property is surrounded by vineyards and is sunny year-round. The current owner even has olive oil made from the property's own olive trees.
This really is a unique property that would suit someone looking for a luxurious main home with large grounds and the workshop and studio space. Alternatively, it also has huge potential to build on for someone looking for a unique space to host events, and extend the buildings to create an exciting and lucrative revenue generating tourism business.
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This House is located in Olonzac 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.