Income Producing 5 bedroom Complex for sale with countryside view in Narbonne, Languedoc-Roussillon
This exceptional estate is a former 19th century wine estate, situated 25 minutes from the beaches, and less than a kilometer from the Canal du Midi. Currently operated as premium holiday accommodation (4 stars), the property consists of a main house of 275m2, 3 houses operated as gites, a grape-pickers' house, a huge wine cellar, a hangar, outbuildings, a large heated swimming pool, a Jacuzzi and a lak...
This exceptional estate is a former 19th century wine estate, situated 25 minutes from the beaches, and less than a kilometer from the Canal du Midi. Currently operated as premium holiday accommodation (4 stars), the property consists of a main house of 275m2, 3 houses operated as gites, a grape-pickers' house, a huge wine cellar, a hangar, outbuildings, a large heated swimming pool, a Jacuzzi and a lake.
The main house, a magnificent Maison de Maitre from 1830, offers a living area of 275m2. It has been tastefully renovated and retains the old charm and character while benefiting from modern-day comforts. The ground floor benefits from a large entrance hall, kitchen, dining room, living room, an office, a WC and a summer living room with magnificent bay windows opening onto the terrace and summer kitchen.
The 1st floor opens onto a large landing and leads to 3 bedrooms (including a suite), a bathroom and a WC. The 2nd floor consists of two bedrooms, a large landing and a bathroom. This house also has a garage.
Three gites complete the estate. A first one bedroom gite of 45m2 that can accommodate 2 or 3 people. A second 3 bedroom gite of 110m2 that can accommodate 6 people. The 3rd spacious 4 bedroom gite of 223m2 can accommodate up to 9 people.
The 27 acres of grounds make this exceptional estate a haven of peace yet close to amenities and beaches. Equipped with a large heated swimming pool of 12 x 6m, a Jacuzzi and many areas in the garden.
A 48m2 grape-pickers' house (with a bedroom and a bathroom), a huge wine cellar dating from 1890 with a footprint of 845m2, agricultural sheds and outbuildings also complete the estate.
Ideally located in the privileged territory of Narbonne and its coastline, between sea and mountains. Recognised for its cultural heritage, it is now classified as a Regional Natural Park.
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This House is located in Narbonne 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.