8 bedroom Farmhouse for sale with lake or river view with Income Potential in Saint Sylvestre sur Lot,
Set in over 8 acres, the stone farmhouse with converted outbuildings benefits from a peaceful and green setting.
The main house, completely renovated in 2014, offers more than 200 m2 of bright, welcoming space, with a large entrance hall on the ground floor leading to a large living room with fireplace, as well as two bedrooms with fitted wardrobes and separate shower rooms.
There is also a summer living room adjoining the living room and opening directly onto the parklands.
Upstairs, a spacious mezzanine with an additional kitchen leads to two further larg...
Set in over 8 acres, the stone farmhouse with converted outbuildings benefits from a peaceful and green setting.
The main house, completely renovated in 2014, offers more than 200 m2 of bright, welcoming space, with a large entrance hall on the ground floor leading to a large living room with fireplace, as well as two bedrooms with fitted wardrobes and separate shower rooms.
There is also a summer living room adjoining the living room and opening directly onto the parklands.
Upstairs, a spacious mezzanine with an additional kitchen leads to two further large bedrooms, each with a private shower room, ideal for welcoming friends or family.
The barn area features two stone guest houses, renovated in 2016/2017, perfect for hosting guests, as well as a superb barn converted into a 100 m2 heated function room (possible gite business - subject to necessary permissions).
Modern comforts are abundant, with underfloor heating via a reversible heat pump, PVC double glazing and a spring water connection, complemented by an integrated sprinkler system.
Outside, the property boasts a magnificent 11x5m heated saltwater swimming pool, direct access to the Lot with a large pontoon and a waterfall, all in a rural setting where serenity predominates.
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This Farmhouse is located in Saint Sylvestre sur Lot 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.