7 bedroom House for sale with Income Potential in Narbonne, Occitanie
This is an exceptional property complex consisting of a character Maison de Maitre completely renovated with exquisite taste and quality materials,a barn and a caretaker's house to renovate, all set on a plot of 928m2 with swimming pool, various terraces and relaxation areas in the sun or in the shade of the century-old trees.
The Maison de Maitre comprises of a majestic entrance hall with period floor tiles, wood panelling and marble staircase, an office with a walk in wardrobe, a 1st living...
This is an exceptional property complex consisting of a character Maison de Maitre completely renovated with exquisite taste and quality materials,a barn and a caretaker's house to renovate, all set on a plot of 928m2 with swimming pool, various terraces and relaxation areas in the sun or in the shade of the century-old trees.
The Maison de Maitre comprises of a majestic entrance hall with period floor tiles, wood panelling and marble staircase, an office with a walk in wardrobe, a 1st living room with fireplace and polished concrete floors opening on to a fully equipped kitchen, on the ground floor.
All this space leads through large bay windows to the garden and the pool area. A dining room adjoins the kitchen as well as a 2nd living room offering views of the wooded garden.
On the 1st floor are 3 en suite bedrooms, two complete suites (49m2 and 57m2) with walk in wardrobe and en-suite bathroom/shower, and a suite with shower room (18m2).
A spacious suite with en-suite shower room (37m2), 3 further bedrooms (approximately 28m2, 18m2, and 18m2) plus an independent shower room, are on the second floor.
The garden offers a first sunny area around the swimming pool facing south-west, a large 100m2 terrace with an outdoor living room and a dining area, and then a second more shaded part divinely planted with trees with terraces, a living room area and a dining area with barbecue.
The caretaker's cottage of 40m2 as well as a barn of 210m2 to renovate offers various development possibilities
This residence is ideal as a large, welcoming family home, or for those looking for a gite/guest room activity or indeed another commercial project.
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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.