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Fabulous village property to renovate
Duras, France, 47120
REF: 910007
€203,000
Description
This fabulous U-shaped property sits in the centre of a popular Lot et Garonne village, close to the hilltop market town of Duras. The village itself has a bakery, school, a mini market, a medical centre and a popular bar.
This property is an ideal investment project and with its superb village location, it would be ideal for a restaurant, hotel or chambre d hôtes project (subject to necessary permissions). The property wraps around a delightful courtyard garden.
Currently the accommo.. This fabulous U-shaped property sits in the centre of a popular Lot et Garonne village, close to the hilltop market town of Duras. The village itself has a bakery, school, a mini market, a medical centre and a popular bar.
This property is an ideal investment project and with its superb village location, it would be ideal for a restaurant, hotel or chambre d hôtes project (subject to necessary permissions). The property wraps around a delightful courtyard garden.
Currently the accommodation comprises of the following; entrance hall, dining room, 2 kitchens, a living room, 6 bedrooms, a library, an office and a bathroom. In addition attached buildings provide several outbuildings of different sizes (an ancient wine making barn, garaging, animal stalls etc), it was in the past a working farm with its own wine making equipment and livestock.
The huge attic space of 255m2 with high ceilings throughout, could also be converted, with the appropriate permissions, to create immense living accommodation.
The house does need converting, but the general bones of the house are in excellent condition. There are superb features, such as beautiful original floors, high ceilings and an original fireplace.
For anyone looking for the perfect property for a business opportunity, this is it!
Price including agency fees : 203.000
Price excluding agency fees : 187.963
Buyer commission, tax included: 8%
This fabulous U-shaped property sits in the centre of a popular Lot et Garonne village, close to the hilltop market town of Duras. The village itself has a bakery, school, a mini market, a medical centre and a popular bar.
This property is an ideal investment project and with its superb village location, it would be ideal for a restaurant, hotel or chambre d hôtes project (subject to necessary permissions). The property wraps around a delightful courtyard garden.
Currently the accommo.. This fabulous U-shaped property sits in the centre of a popular Lot et Garonne village, close to the hilltop market town of Duras. The village itself has a bakery, school, a mini market, a medical centre and a popular bar.
This property is an ideal investment project and with its superb village location, it would be ideal for a restaurant, hotel or chambre d hôtes project (subject to necessary permissions). The property wraps around a delightful courtyard garden.
Currently the accommodation comprises of the following; entrance hall, dining room, 2 kitchens, a living room, 6 bedrooms, a library, an office and a bathroom. In addition attached buildings provide several outbuildings of different sizes (an ancient wine making barn, garaging, animal stalls etc), it was in the past a working farm with its own wine making equipment and livestock.
The huge attic space of 255m2 with high ceilings throughout, could also be converted, with the appropriate permissions, to create immense living accommodation.
The house does need converting, but the general bones of the house are in excellent condition. There are superb features, such as beautiful original floors, high ceilings and an original fireplace.
For anyone looking for the perfect property for a business opportunity, this is it!
Price including agency fees : 203.000
Price excluding agency fees : 187.963
Buyer commission, tax included: 8%
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Property on Map
Currency Exchange
Duras, France, 47120
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 €203,000 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 |
|---|---|---|---|
| €203,000 | £168,147 | £174,468 | £6,321 |
| Property Price € | €203,000 |
| Minimum cost in the last six months | £168,147 |
| Maximum cost in the last six months | £174,468 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,321 |
Duras, France, 47120
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 €203,000 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 |
|---|---|---|---|
| €203,000 | £168,147 | £174,468 | £6,321 |
| Property Price € | €203,000 |
| Minimum cost in the last six months | £168,147 |
| Maximum cost in the last six months | £174,468 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,321 |
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 £6,321 more.
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