7 bedroom Manor House for sale with Income Potential in Saint Savin, Nouvelle Aquitaine
The house is situated in a street comprising of 17th, 18th and 19th century properties and overlooks the river Gartempe to the rear.
It is adjacent to and holds a prominent position in the UNESCO World Heritage site of the Saint Savin Abbaye which itself dates to the 11th Century.
The house has recently been the subject of extensive renovation and improvement works including, works to the stonework, new double glazed windows, new kitchen and several new en suite shower rooms. Extensively decorated throughout.
The property is entered via ele...
The house is situated in a street comprising of 17th, 18th and 19th century properties and overlooks the river Gartempe to the rear.
It is adjacent to and holds a prominent position in the UNESCO World Heritage site of the Saint Savin Abbaye which itself dates to the 11th Century.
The house has recently been the subject of extensive renovation and improvement works including, works to the stonework, new double glazed windows, new kitchen and several new en suite shower rooms. Extensively decorated throughout.
The property is entered via elegant wrought iron gates through the front garden with four topiary pyramids with steps up to a terrace. Double entrance doors lead into a large hall with stone fireplace and stairs sweeping up to the first floor.
Three sets of double doors lead to the two main reception rooms which are also interconnected internally and the large kitchen.
Ceiling heights are 3.5m.
All the original features have been retained including marble fireplaces, wooden floors throughout, original floor to ceiling double height doors to both reception rooms and all the original doors and woodwork throughout the house.
6 bedrooms with 4 shower rooms already exist and there is scope to further develop the additional 4 rooms on the 2nd floor to bring these into use according to your preference and requirements (subject to necessary permissions).
In addition, an independent apartment is accessible via the front garden with a living/kitchen, shower room/wc and bedroom (possible gite business - subject to necessary permissions).
Topiary front garden, rear garden with views to the river, both with access to the garage and street to the front.
The centre of Saint Savin, with cafes, restaurants, and bakeries, is easily accessible on foot, and currently enjoying a renaissance with a full social calender of events.
The larger towns of Montmorillon, Le Blanc and Chauvigny are 15 minutes by car, and Poitiers with its airpport and TVG line to Paris is 55kms away.
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This Manor House is located in Saint Savin 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.