Presentation of the property : Property 9 rooms for sale in LEOBARD
On the doorstep of the Périgord Noir, close to Gourdon and Sarlat, this 18th-century stone property is set in a peaceful hamlet in Léobard, just a stone’s throw from the ruins of a former abbey, a local landmark. This countryside setting, steeped in history, lends itself to a family home or a holiday accommodation business.
The property offered for sale comprises a main house, an adjoining gîte and two plots totalling 2,626 m², with a vegetable garden, a garage and a carport.
The main house features a living room with a fireplace and a kitchen with a dining area and access to a terrace, where you can enjoy the peace and countryside views. Upstairs are three bedrooms and a shower room.
On the garden level, a former restaurant awaits refurbishment to suit your plans. With its stone walls and traditional bread oven, it offers further potential, subject to any necessary permissions.
The adjoining gîte includes a living area with a kitchen, two bedrooms, a shower room and a terrace. It provides space for family and friends while preserving everyone’s privacy, or an opportunity to develop a holiday rental business.
💡 Could your budget take your plans further?
• The advertised price includes the house, its adjoining gîte, the 2,626 m² of land, the garage, the carport and the vegetable garden.
• An existing 11 × 6-metre heated swimming pool can be purchased at an additional cost.
• Four further gîtes are also available to purchase. Each includes a living area with a kitchen, two bedrooms, a shower room and a terrace, bringing the potential total to five gîtes.
• Projected annual turnover from operating all five gîtes is estimated at approximately €60,000, based on the assumed occupancy levels and rental rates.
• The SASU, the French company operating the gîte business, is offered at €30,000 in addition to the property price. Its acquisition includes the furniture, linen, equipment and website used for the business, according to the agreed inventory.
• To acquire the entire estate, a purchase of the two existing companies can be explored: the SCI, which owns the properties, and the SASU, which operates the rental business.
• Acquiring the SCI could reduce the amount payable at completion by retaining its existing loan at an interest rate of 2.58%, subject to the loan terms and the bank’s approval. The remaining loan instalments would continue to be paid by the SCI under its new ownership.
• Potential savings on acquisition costs, any tax benefits and succession planning should be reviewed with your notary and accountant, according to your circumstances and the chosen acquisition structure.
📞 Contact me to view the house and its gîte, find out the prices of the additional purchase options and explore the possibilities suited to your budget. Your holiday accommodation project may be more accessible than you think.
Les honoraires sont à la charge du vendeur.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.
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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