Character 13 bedroom Chateau for sale with countryside view in Cussac, Limoges, Limousin

892,500 EUR 776,475 GBP 883,575 USD

Reference: 235409

Bedrooms: 13
Bathrooms: 9
Floor Size: 420 m2
Plot Size: 2.34 hectares / 5.77 acres
Work Required: None
Swimming Pool
Gite / Annex / Additional Accommodation
Income Potential
Gym
Tennis Court
Private / Not Overlooked

Details

Located close to Limoges within a quiet setting in Cussac, right in the heart of a wooded park of more than 5 acres, this charming and completely renovated chateau offers more than 400m2 of living space, which is set out over 3 floors.

Ground floor: spacious entrance hall, living room with large bay windows and a majestic stone fireplace. Dining room opening into a conservatory with a view of the wooded park beyond and a well equipped kitchen in 2 parts, with a centre island.

First floor, which is accessed via an impressive staircase: master suite with an en-suite bathroom, 3 further bedrooms, 2 with en-suite shower rooms, a family bathroom and an office.

Second floor: 4 bedrooms and 3 bathrooms.

Basement:a boiler room, gym, wine cellar and laundry.

Outside: swimming pool, tennis court, woodland, meadows with space for a vegetable garden, an old wash house and a small wooden hut.

For rental income or visiting family there is a beautiful stone farmhouse which offers 2 tastefully renovated gites (2 and 3 bedrooms), with private gardens. There are also more spaces with potential to renovate, including a large independent barn with a floor already in place. It could be an excellent yoga room or somewhere to hold theatre shows.

This exceptional property is ideally located between 2 villages with shops, market, bars and restaurants and only 25 minutes from Limoges International Airport.

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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.