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Exclusive
BARINQUE 64160

Life annuity house for sale, temporarily occupied, 6 rooms, BARINQUE (64)

  • bathrooms
    1
  • area
    175 m2
  • bedrooms
    3
  • land
    1930 m2

Presentation of the property : House 6 rooms for sale in BARINQUE

Superb character and charm house of over 170 m² for sale as a life annuity with temporary occupancy, meaning a departure date is already scheduled, allowing for easier planning. Located in the charming countryside near Pau and Morlaas, with views of the Pyrenees, this very old building, tastefully renovated with high-quality materials, offers a remarkable haven of peace. The ground floor, with its exposed stone and wooden beams, spans approximately 100 m² and includes a living room opening onto a splendid veranda overlooking the swimming pool and mountains, a large dining room with a bar area and an inset fireplace, and a lovely, bright kitchen situated between the two rooms, minimizing movement. Two beautiful wooden staircases lead from the living room and dining room to two bedrooms, accessed via a hall/office on the south side, and a very spacious bedroom of over 25 m² on the north side. The entire upper level benefits from air conditioning. Stepping out through the sheltered veranda, you'll find a large pergola perfect for festive gatherings with family and friends, a barbecue, a utility room, and a 10x5m saltwater swimming pool. All this is situated on a flat, enclosed, landscaped, and meticulously maintained plot of over 1000m², which also includes a woodshed, a former garden shed now used as a workshop, and a large gravelled courtyard. Let's talk technology and energy... Heat pump, photovoltaic panels, thermodynamic water heater, double glazing, alarm system, electric gate, air conditioning upstairs, and an electric vehicle charging point. Regarding finances: This is a life annuity sale with two occupants: a 73-year-old man and a 71-year-old woman. The house's market value is €458,000. The initial payment is €200,000, followed by a monthly annuity of €554 for life. This life annuity will be vacant 10 years from the purchase date. Get your calculators ready, and let's discuss it in detail soon.
Agency fees are payable by the buyer, amounting to 7.42% including VAT of the price excluding fees.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

Additional information :

Total price including fees 234 000 €
Price excluding fees 200 000 €
Fees payable by the buyer are 7.42% all taxes included

To view the fee schedule : click here

Location of the property : House 175 m2 for sale in BARINQUE

64160 BARINQUE

Features of this property :

340 932 339 029
3
6
175
1 930
1
South West
Electric, HeatPump
yes
yes
yes
yes
234 000 €
1 800 €
Temporarily occupied
2
73
71
120
9
Estimated annual energy costs of the property
Between 1800 € and 2500 € by year
Estimated amount of annual energy expenditure for standard use : in the form of a range with indication of the range

Average energy prices indexed as of January 1, 2021 (subscriptions included)

Capifrance advisor in charge of this property

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FAQ
The Capifrance team answers your frequently asked questions:

To obtain a mortgage, it is necessary to compile a loan application file with a bank or a credit institution. The conditions for granting a loan generally include a personal contribution, job stability, a reasonable debt-to-income ratio, and a good repayment capacity. It is advisable to compare offers from different institutions to get the best terms.

In addition to the purchase price of the property, several additional costs should be anticipated, such as notary fees (approximately 7 to 8% of the sale price for an older property), agent fees, loan application fees, insurance, as well as potential renovation or furnishing costs.

The difference between a sales agreement and a sales promise lies mainly in the commitment of the parties and the consequences in case of non-compliance with the terms of the contract.
Sales agreement: Strong mutual commitment between both parties. If one party withdraws, the other can demand the forced execution of the property sale.
Sales promise: Unilateral commitment from the seller. The buyer has the option to purchase or not, with a reservation fee in case of non-purchase.

. Contact a Real Estate Advisor
Express your interest in the property for sale.

. Propose a Price and Purchase Conditions
Indicate the offered price and conditions (timeline, contingencies, etc.).

. Wait for the Seller's Response
The seller can accept, reject, or propose a counteroffer.

. Formalize the Sale
If the offer is accepted, sign a sales agreement and verify the legal documents.
Finalize your financing if necessary.
Sign the deed of sale at the notary's office to officially become the owner.

These steps will help you secure and successfully complete your real estate purchase.

Do you need advice for your real estate project? Contact a Capifrance advisor

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