Whole French Village for sale Euros 330,000, (= £275,000 or US$440,000)

Discussion in 'The Watering Hole' started by BillN, Feb 24, 2012.

  1. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
  2. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
    It's not bad around that area - if you are handy with a trowel etc, (lots of etc,s....) ., you could have a lot of fun restoring the place!!!!!!!!!!!!!!
     
  3. wt21

    wt21 SC Hall of Famer

    Aug 15, 2010
    Is it a BYOB reno job? (Bring Your Own Bulldozer)
     
  4. Luke

    Luke Super Moderator

    Nov 11, 2011
    Milwaukee, WI USA
    Luke
    I wish I had the money.....and wasn't tied down.
     
  5. krugorg

    krugorg SC All-Pro

    Sep 26, 2011
    Minnesota USA
    Kyle Krug
    I love it when these come up. When I win the lottery, I am going to buy either a village like this, or an old missile silo.

    Seems like both would present some great photographic opportunities, now that I think about it... decayed buildings, rusted vehicles and overgrown weeds...sounds awesome. :2thumbs:
     
  6. Luke

    Luke Super Moderator

    Nov 11, 2011
    Milwaukee, WI USA
    Luke
    I'm with you Kyle...maybe we could all chip in.

    And how can they run an article like with no images?!?!
     
  7. krugorg

    krugorg SC All-Pro

    Sep 26, 2011
    Minnesota USA
    Kyle Krug
    Considering my OM-D preorder, I think I am good for $50! :biggrin:

    Agreed, they should have had images!
     
  8. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
    If you were to put together a financial proposition - summer rents for a one bed gite would be about £450 per week for 8 or ten weeks - a 4 bed house with pool would fetch £2,000 upwards per week - then there is a smaller Autumn and Spring market - wine tours, (nature trails), cultural events, weddings, (now very popular with the Brits), etc., etc.

    I've looked at really big Chateaux(s) in the past with a view to putting together a profitable and enjoyable business - but you would need to get a group of enthusiastic people together who wanted to live and work in the environment that is created, either full or part time, to make it successful financially and lifestylewise
    France is a beautiful country - it is vast, (by western european standards) and varied, the infrastructure is very very good, the climate agreeable, culturally fabulous, probably has the best, and most affordable health service in the world. The cost of living is also very reasonable by European standards, (probably high by US standards) - depends how you want to live

    I would imagine that if it goes for auction, which it probably will, The bank will take what they can get for it - which will be probably less than the indicated price.

    The further South you get the more interesting the countryside, lifestyle and environment - IMHO
     
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  9. christilou

    christilou SC Hall of Famer

    Jul 13, 2010
    Sunny Frimley
    Sounds a little like Crillon le Brave in Provence Crillon Le Brave : gallery It's now a thriving hotel complex and I can recommend it ;)
     
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  10. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
    Looks good Christina
     
    • Like Like x 1
  11. pdh

    pdh SC Legend

    Jan 2, 2011
    I think you should bid, Bill, I expect a man of your means would find that sort of money down the back of the sofa ...
     
  12. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
    I've got enough on my plate, (just finishing the "first" Gite after spending 18 months working on the house), and these bones ain't as young as they were!

    now if it was in the (remote) Pyrenees that would be interesting
     
  13. Julien

    Julien SC Top Veteran

    749
    Jan 6, 2012
    Paris, France
    Julien
    • Like Like x 1
  14. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
  15. lenshoarder

    lenshoarder SC Veteran

    383
    Mar 7, 2012
    That's cheaper than 1 bedroom condo where I store my stuff.
     
  16. retow

    retow SC All-Pro

    Jul 24, 2010
    Price Euro 330'000. Adtl. investments Euro 2.000.000.-. Annual runnig costs and maintenance: high. Local taxes: high.
    Revenue: unclear and uncertain. Provided local politicians can convince local banks to finance a project: why not::rolleyes:
     
    • Like Like x 1
  17. BillN

    BillN SC Hall of Famer

    Aug 25, 2010
    S W France
    Bill
    Apart from the Euros 330,000 I am not sure that any of the above is correct; but it depends on how you want to live your life and what you would want to do with the place
    Local taxes will be very reasonable and will vary on usage - development costs will vary depending on what is done and who does it - but 2 million Euros is way, way too much to spend unless you are insane.
    The income potential even with a reasonable investment, say, less than Euros 500,000 would be good and far, far better than what Euros 1 million gets you in bank interest or similar, (maybe Euros 30,000 gross), these days - – and you will have the joy of the “life style”

    For me it is too far North, I would not want to live "up there" and from the images, I find the site and buildings unattractive
    We prefer the South or South West, (or the Pyrenees - which we have yet to explore) – more interesting countryside, variation, weather, etc., etc.
    We live in a similar, maybe smaller, sized "hamlet" but more South, inland from Bordeaux - weather much better etc., etc.
    Here is an image - sorry it's not good - It was taken about 20 years ago ........ we have almost half of the buildings - that's our pool on the hill - we were in the process of building it, when the shot was taken - I can see the rubble by the pool and in front of the house.
    About 35/40 years ago it, (the working "farm"), was left when the owner died, (he dropped dead in a ditch when he was out jogging!), as all his children had moved to “The City”. French succession laws then caused the buildings to be sold off and now there are 5 houses. We bought our “bit” in 1988 and since then have spent quite a lot of time working on the house(s) and dépendances, (barns etc.,). Since I retired two years ago the effort has increased. It is a lovely place to live and we really enjoy it, but it is not for all - we have only ever used ours as a "place to live"

    [​IMG]
     
  18. Julien

    Julien SC Top Veteran

    749
    Jan 6, 2012
    Paris, France
    Julien
    Funny what happened today: I went to see the work of south korean landscape/wildlife photographer Ahae which is currently being showcased in Paris, and learned that he just recently bought this ghost village of Courbefy. Strange coincidence . The guy is pretty good btw.
     
    • Like Like x 2
  19. Boid

    Boid SC All-Pro

    Dec 15, 2011
    Bangalore, India
    Rajiv
    That's the cost of a good apartment in Bangalore! Wow.