Income Producing 9 bedroom Farmhouse for sale in Vals Les Bains, Rhone-Alpes
Without being isolated, this lovely farmhouse is ideal for those looking to recharge their batteries, a beautiful, romantic escape or enjoy outdoor activity (hiking, walking / cycling).
This 431m2 property comes with excellent living space for the owners as well as substantial additional accommodation for guests.
It already has satisfied customers and a reputation of excellence with five income- generating guest rooms from 20 to 35 m2, comfortably equipped and decorated with taste and attention to deta...
Without being isolated, this lovely farmhouse is ideal for those looking to recharge their batteries, a beautiful, romantic escape or enjoy outdoor activity (hiking, walking / cycling).
This 431m2 property comes with excellent living space for the owners as well as substantial additional accommodation for guests.
It already has satisfied customers and a reputation of excellence with five income- generating guest rooms from 20 to 35 m2, comfortably equipped and decorated with taste and attention to detail, all with private bathroom.
The communal space under vaulted ceilings features a living room area and kitchen, available to all guests, but in combination with two guest rooms could be rented out as a gite.
The presence of a space of approximately 50 m2, dedicated exclusively to well-being, with a massage area (external provider), two balneos, Jacuzzi and a sauna, is especially popular, particularly in mid and low season.
There is a private apartment of 220 m2, with a living room with terrace of 30m2 and view of the valley, an office, a modern and well-equipped kitchen with dining room of 60 m2, 4 bedrooms, 2 of which have a bathroom, a bathroom and 2 wc.
In addition, a fairly spacious laundry area.
An interior courtyard could be transformed into a winter garden.
Around the swimming pool, there is terracing and a breathtaking view with places to sit in, read or simply relax.
A large covered wooden terrace, overlooking the valley, for 15 to 20 people,is the ideal place to serve meals and breakfast.
Possibility to put a carport or garage.
Solar panels.
Sales price including agency fees
998 000 €
Sale price fees excluded
950 000 €
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Where is this property?
This Farmhouse is located in Vals Les Bains 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.