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Business opportunity
Saint-Martin-l Ars, France, 86350
REF: 885807
€399,000
Description
This collection of properties offers the potential of a business (subject to necessary permissions) or a large family complex.
The main house offers, on the ground floor, an entrance hallway, large kitchen / dining room with access to the back garden, a large lounge with ornamental fireplace, and a wc. The first floor has a large landing, currently used as an office space, two large bedrooms, and a family bathroom with seperate wc. The property benefits from solar hot water and a heat pump .. This collection of properties offers the potential of a business (subject to necessary permissions) or a large family complex.
The main house offers, on the ground floor, an entrance hallway, large kitchen / dining room with access to the back garden, a large lounge with ornamental fireplace, and a wc. The first floor has a large landing, currently used as an office space, two large bedrooms, and a family bathroom with seperate wc. The property benefits from solar hot water and a heat pump central heating system.
There are three studio appartments, currently with two on long term lets for 310 per month each, each with a living space with corner kitchen, and seperate shower room with wc.
There is also another house to renovate (the current owners have begun the renovation). This has an entrance, living / dining room, kitchen, shower room with wc, and a bedroom, all on the ground floor. There is an attic space which could potentially be converted (subject to necessary permissions) to provide additional accommodation.
There are various outbuildings, including boiler/utility room, storage for garden equipment, a workshop, garage, and a large outbuilding for storage.
All of this is set in just over a hectare of grounds, mostly laid to lawn, with two ponds, vegetable garden parking etc. There are no near neighbours, and the garden is private.
Situated just outside Saint-Martin-l'Ars, the property is not far from basic ameneties, and has easy access to Confolens, Civray, L'Isle jourdain, and Poitiers.
Price including agency fees : 399 000
Price excluding agency fees : 376 146
Buyer commission, tax included:6 %
This collection of properties offers the potential of a business (subject to necessary permissions) or a large family complex.
The main house offers, on the ground floor, an entrance hallway, large kitchen / dining room with access to the back garden, a large lounge with ornamental fireplace, and a wc. The first floor has a large landing, currently used as an office space, two large bedrooms, and a family bathroom with seperate wc. The property benefits from solar hot water and a heat pump .. This collection of properties offers the potential of a business (subject to necessary permissions) or a large family complex.
The main house offers, on the ground floor, an entrance hallway, large kitchen / dining room with access to the back garden, a large lounge with ornamental fireplace, and a wc. The first floor has a large landing, currently used as an office space, two large bedrooms, and a family bathroom with seperate wc. The property benefits from solar hot water and a heat pump central heating system.
There are three studio appartments, currently with two on long term lets for 310 per month each, each with a living space with corner kitchen, and seperate shower room with wc.
There is also another house to renovate (the current owners have begun the renovation). This has an entrance, living / dining room, kitchen, shower room with wc, and a bedroom, all on the ground floor. There is an attic space which could potentially be converted (subject to necessary permissions) to provide additional accommodation.
There are various outbuildings, including boiler/utility room, storage for garden equipment, a workshop, garage, and a large outbuilding for storage.
All of this is set in just over a hectare of grounds, mostly laid to lawn, with two ponds, vegetable garden parking etc. There are no near neighbours, and the garden is private.
Situated just outside Saint-Martin-l'Ars, the property is not far from basic ameneties, and has easy access to Confolens, Civray, L'Isle jourdain, and Poitiers.
Price including agency fees : 399 000
Price excluding agency fees : 376 146
Buyer commission, tax included:6 %
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Currency Exchange
Saint-Martin-l Ars, France, 86350
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €399,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €399,000 | £331,920 | £343,387 | £11,467 |
| Property Price € | €399,000 |
| Minimum cost in the last six months | £331,920 |
| Maximum cost in the last six months | £343,387 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,467 |
Saint-Martin-l Ars, France, 86350
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €399,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €399,000 | £331,920 | £343,387 | £11,467 |
| Property Price € | €399,000 |
| Minimum cost in the last six months | £331,920 |
| Maximum cost in the last six months | £343,387 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,467 |
The exchange rate on the day you make an offer on your property in France will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,467 more.
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