5 bedroom House for sale with lake or river and countryside views with Income Potential in Riberac, Nouvelle Aquitaine
5 bedroom Watermill nestling in over 8 acres of glorious land, while enjoying countryside and river views from its location near Riberac.
This stunning 18th century property has been enjoyed by the owners as their main residence with three luxury guest apartments, and been developed with much care and attention.
Situated on the banks of a sparkling river and surrounded by nature, it enjoys views of woodland and water giving a sense of calm and peace.
The owners' residence has, on the ground floor, a French style open-plan living, dining and kitchen area with wood burning stoves and outdoor access. ...
5 bedroom Watermill nestling in over 8 acres of glorious land, while enjoying countryside and river views from its location near Riberac.
This stunning 18th century property has been enjoyed by the owners as their main residence with three luxury guest apartments, and been developed with much care and attention.
Situated on the banks of a sparkling river and surrounded by nature, it enjoys views of woodland and water giving a sense of calm and peace.
The owners' residence has, on the ground floor, a French style open-plan living, dining and kitchen area with wood burning stoves and outdoor access. There is an additional ground floor bedroom and bathroom.
On the first floor is an intimate snug with open fireplace, a study/craft room, and a spacious master bedroom with en-suite bathroom with tub and separate shower.
Across the bridge with its ironwork balustrade is the luxury guest accommodation comprising three 1 bedroom apartments. With one self-contained suite on each of the three floors, they have been carefully designed to offer maximum privacy. The apartments offer high-end comfort, private terraces overlooking the river, swimming pool, and barbecue areas.
The ground floor apartment is also wheelchair and mobility friendly.
The grounds of over 3 hectares offer further delight, with secluded seating areas, a swimming pool and frequent glimpses of the wildlife including a magical array of birds, along with deer, foxes and plentiful fish.
This superb property offers various options:
1. Residence (2 bedrooms) with 3 self-contained apartments for family or guests.
2. Residence (2 bedrooms) with 3 self-contained gites for possible rental.
3. Four totally separate units as a residential or holiday destination for a family or group of friends.
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This Mill is located in Riberac 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.