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For those who know about French properties....

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Old 07 July 2004, 12:35 PM
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Puff The Magic Wagon!
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Bob

I don't think you get to own the lake!! Just the gaff on the edge of it
Old 07 July 2004, 12:54 PM
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Faire D'Income
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Bravo. Playing Devil's Advocate I'd check what mortgage you could get on the property because if France is anything like the rest of Europe you may struggle to get more than a 70% mortgage, plus the banks may have a different view of it's market value - they often do.

You also need to check which airlines fly there (not Ryanair, they have a habit of pulling routes) for access from your potential letters and I'd also recommend you taking a holiday down there in order to check out the local market and whether it's a viable proposition or not.

Unfortunately, buying property abroad is not as straightforward as you'd like but provided you invest the time and effort in your search you can be well rewarded.

It sounds realistically priced to me.
Old 07 July 2004, 12:55 PM
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Freak
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you convert the barn to a holiday cottage then rent it out, while you spend all day fishing

nice place
Old 07 July 2004, 01:02 PM
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yip nice place .........................

damn were did i put my bank managers mobile number
Old 07 July 2004, 01:47 PM
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ProperCharlie
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looks like a nice place but central france is hitting 11 on the tedium scale. went on holday near there once. it's nice if you like doing nothing, but it isn't really near to anywhere.
Old 07 July 2004, 02:07 PM
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Tiggs
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"where I live you can't even get a terraced 3 bed house for that "

that because where yo live is not in the middle of nowhere!

i assume you have shops nearby? and dont need to wait 6 months for a tradesman?

Go to New york and try to buy 3 beds for £180k on Park Ave!

Park Ave = one end, French Barn in the woods = other end.....you house = in the middle!
Old 07 July 2004, 03:27 PM
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Steve Whitehorn
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No nothing wrong. A bit expensive even!
Property in France is dirt cheap. Especialy if you deal with the frogs direct and not english estate agent middle men.
However expect to pay around 11% of the house value in fees.
And don't forget that the French are very very heavily taxed. Especialy if you run a business. Then again it is a chilled lifestyle...pros and cons as ever.

Steve
Old 07 July 2004, 03:59 PM
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alcazar
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Looks about right to me. We have property south-west of Limoges, this is east. Ours is an old farmhouse that we are doing up for a holiday home and eventually to retire to France. We only have 2000 sq metres , two barns and a house.

It's not an ideal area to go to if you want to go clubbing, expect to eat at Michelin starred restaurants etc, but if you want fantastic scenery, decent weather, cheap little olde-worlde restaurants, (3 courses, wine and aperitifs for 3 people = €26),and easy to reach, (Ryanair to Limoges, or TGV to Poitiers/Angouleme from Lille), then look no further.
We love the area, and property is still affordable.

It's not THAT bad a drive, either, I do it in a Xantia in 8-9 hours from Calais, (without being stupid over speed limits )and about 11-12 hours with a large box trailer on the back.
Old 07 July 2004, 04:10 PM
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fast bloke
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Originally Posted by **************
Cheers Alcazar All I need to do now is find some friends/family that want to buy it

If you are looking for a mortgage........
Old 07 July 2004, 04:22 PM
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Brendan Hughes
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So let me see - you can go swimming in the lake, pike fishing, and water skiing.

Interesting mix...
Old 07 July 2004, 05:16 PM
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stevem2k
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It's not the pike .... it will be the catfish you want to worry about ...
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