Income Producing 10 bedroom Manor House for sale with countryside view in Puy l'Eveque, Midi-Pyrenees

1,850,000 EUR 1,609,500 GBP 1,831,500 USD

Reference: 222051

Bedrooms: 10
Bathrooms: 9
Floor Size: 225 m2
Plot Size: 4.03 hectares / 9.97 acres
Work Required: None
Swimming Pool
Equestrian / horse ownership facilities
Vineyard / Wine-making facilities and equipment
Gite / Annex / Additional Accommodation
Income Potential
Jacuzzi / Spa / Hot tub
Parking space(s)

Details

Delightful manoir tucked away in the Lot countryside, set in over 10 acres of beautiful grounds, with well kept gardens, 2 ponds and a naturally fed spring, and the beautiful valley beyond.

The house is currently a family home and a successful luxury retreat for holidays for painting, yoga, cycling, historic tours, wine-tasting, cookery courses and horse riding.

To the side of the property is a stunning orangery, which is used for yoga classes, artwork classes, conferences and private functions.
Within the property is a wonderful 2 or 3 bedroom apartment, which can also be used as a guardians house or as an extra holiday rental.

The main house offers 7 extremely comfortable bedrooms and en-suites, a professional kitchen and prep kitchen, a large dining and living room area with a fabulous stone fire place and library, with French doors opening onto superb south facing terraces, which lead you to the gardens, large swimming pool and Jacuzzi.
The swimming pool has a large private terraced area.
There are two large parking areas for the owners and their clients, and a second gated entrance to the property.

The property is set in 4 hectares of meadows and woodland, within a 10 minute drive is the Lot valley with its vineyards and wonderful historic villages, which have regular produce markets, bakers, grocery stores, pharmacist, supermarkets, restaurants and cafes.

Cahors Town : approximately 35mins.
Bergerac Airport : approximately 1hr15mins
Toulouse Airport : approximately 1hr40mins.

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France Property Buying Guide

Guide to the French Buying Process

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.