Income Producing 7 bedroom House for sale with countryside view in Albi, Occitanie
This 22 acre estate( just over 9 hectares of land) is situated close to the village of Lombers, 10 minutes from Albi, 50 minutes from Toulouse and 20 minutes from Castres and ideally located in a quiet area at the end of a road.
The main house built in 2011 comes with living space of 169 m2 with an enclosed garden and a garage of 30 m2. There is a large living room of 52m2 opening onto a covered terrace, a pantry, an office and a kitchen opening onto a second terrace. There ...
This 22 acre estate( just over 9 hectares of land) is situated close to the village of Lombers, 10 minutes from Albi, 50 minutes from Toulouse and 20 minutes from Castres and ideally located in a quiet area at the end of a road.
The main house built in 2011 comes with living space of 169 m2 with an enclosed garden and a garage of 30 m2. There is a large living room of 52m2 opening onto a covered terrace, a pantry, an office and a kitchen opening onto a second terrace. There is a bedroom wing consisting of 3 bedrooms; 2 bathrooms and 2 WCs
The farmhouse of 138 m2 comes with an enclosed garden, a garage of 80 m2 and a lean-to of 38 m2. It features a large entrance on the ground floor, with a WC, a shower room and a kitchen opening onto a veranda. There are 2 staircases. The first leads to a mezzanine bedroom above the living room. The second staircase leads to 2 bedrooms and a bathroom.
The house is equipped with recent double-glazed windows (wood and PVC) and a new insert as well as electric convector heaters.
The 40m2 apartment is attached to the kennels and offers 2 bedrooms, a living/kitchen/dining room and a bathroom.
The Stables : The structure consists of 20 boxes with automatic drinking troughs. All 20 paddocks are also equipped with the same watering system.
A 40x80 sandblasted arena and a lunging ring complete the set.
A gallop track surrounds all the paddocks.
The Kennels : a professional kennel composed of 20 boxes of about 20m2 each, a storage area and a large technical room.
There is an operating permit for 49 dogs.
Most of the 9 hectares are made up of paddocks of varying sizes.
Lombers.
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This House is located in Albi 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.