5 bedroom Farmhouse for sale with countryside view with Income Potential in Ille sur Tet, Occitanie
Situated just 20 minutes away from Perpignan city centre, on the edge of a lively town, this charming property has been entirely and tastefully restored in keeping and in harmony with the original style.
It offers 260m2 of living space plus outbuildings such as a garage, various attics, and a cellar offering a total of 480m2.
It features on the ground floor a generous entrance leading onto a vast and luminous living room with fireplace, dining area, semi open plan fitted k...
Situated just 20 minutes away from Perpignan city centre, on the edge of a lively town, this charming property has been entirely and tastefully restored in keeping and in harmony with the original style.
It offers 260m2 of living space plus outbuildings such as a garage, various attics, and a cellar offering a total of 480m2.
It features on the ground floor a generous entrance leading onto a vast and luminous living room with fireplace, dining area, semi open plan fitted kitchen, a pantry, an office leading onto a covered patio, a large garage leading onto 2 attics and a cellar.
The first floor offers 5 bedrooms, 2 shower rooms, 1 bathroom, and 2 walk in wardrobes. This floor benefits from an independent entrance through outdoor stairs and part of it could be separate from the main accommodation in order to do a B&B activity.
The exterior offers a 65m2 south-facing terrace leading onto the heated
8 x 4m pool, a summer kitchen plus barbecue, and the garden is planted with various Mediterranean essences.
This elegant property is ideal as a welcoming large family home, but with potential for running a B&B business.
FEATURES
Well
Well drilling
Outdoor Lighting
Barbecue
Irrigation Sprinkler
Electric Shutters
Internet
Sliding Windows
Double Glazing
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Where is this property?
This Farmhouse is located in Ille sur Tet 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.