Income Potential 6 bedroom Farmhouse for sale with countryside view in Valence, Rhone-Alpes
The rural property currently consists of two homes offering a total of 270 m2 of living space.
The first house was completely renovated in 2010 and comes with 195 m2 of comfortable living space. On the ground floor, around a large entrance, a bright living room of 50 m2 with fireplace, a large equipped kitchen, a master suite with bathroom and dressing room, a laundry room.
Upstairs, around a mezzanine/library space of 40 m2, two large bedrooms, a bathroom, as well ...
The rural property currently consists of two homes offering a total of 270 m2 of living space.
The first house was completely renovated in 2010 and comes with 195 m2 of comfortable living space. On the ground floor, around a large entrance, a bright living room of 50 m2 with fireplace, a large equipped kitchen, a master suite with bathroom and dressing room, a laundry room.
Upstairs, around a mezzanine/library space of 40 m2, two large bedrooms, a bathroom, as well as a space of 28 m2, ready to be converted into an additional bedroom.
The quality renovation combined with comfortable living amenities such as underfloor heating, excellent insulation, double fireplace provides a very pleasant atmosphere with a mix of old and contemporary.
Outside, a large sheltered awning, a workshop area, but also a well for watering the property.
The second house, with a surface area of 75 m2, offers interesting potential. On the ground floor, a living room which opens onto a terrace, while upstairs, two bedrooms, an office and a bathroom.
Various projects can be considered, ranging from a cottage to a guest house, after some refreshments.
The flat land, bordered by a stream, can accommodate a swimming pool but also a beautiful area for horses.
The calm and peaceful environment of this property allows one to fully appreciate the countryside, while having quick and easy access to nearby services and transport, all close to amenities.
Full details on request
Fees charged to the seller.
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Location
Where is this property?
This Farmhouse is located in Valence 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.