5 lifestyle properties in France that used to cost over £500k
… but are now going for under £300k
Typical lifestyle property with built-in revenue in the form of two independent gites. It's an old fortified farmhouse dating back to the 17th century with massive stone walls and solid beams. Totally renovated, central-heating, 3 bedrooms, 2 bathrooms, laundry room, office/study and a guest room downstairs. The gites are big – 2 and 3 bedrooms – and easy to let. The pool is a beautiful 12 metre affair with a new liner. Gardens and lawns with views over the surrounding countryside. Development potential lies in the old stone barn (with a new roof however) which could be turned into guest rooms or two more gites. Price : offers around €390k (£285k)
Another classic family home + two gites set-up in the region nearer to Toulouse : the Lauragais. This one has a beautiful old village just 300 yards down the road complete with auberge, bakery and castle. Only 35 minutes from Toulouse (and the airport) this gite complex operates all year round and has great potential for someone looking to run courses - yoga, languages, cuisine - for nearby urban-dwellers. The property is built on the site of a mediaeval monastery with a lot of old stonework hanging around, big garden with - unfortunately - a kidney-shaped pool. Still, there is central-heating throughout, no work of any kind to be done: just move in. Price: €420k (£305k)
Hamlet with family home, two working gites and another cottage and outhouses ready for renovation. This is a very attractive property with a variety of potential uses. For the moment the couple who run it are very happy to take 10 weeks gite income and live quietly the rest of the year. It's near Bagnères-de-Bigorre, a spa town and, nearly always, a Tour de France stop. That should give you a few ideas. The 5 hectares of land include a number of mature walnut trees (organic walnuts retail for €8 the kilo here: do the math), a vast meadow and a lot of woodland. Central heating is by an industrial-sized wood-burning furnace. Fuel is, well, free. Asking price: €399k (£290k)
Manor house and two gites on 1.2 hectares. Like most of the other gite properties in France, one reckons on one gite generating about €10k per year ... as long as there's a pool. And that's the case here, even half way up the mountain, in the unspoilt valley of the Neste, the quality of the accommodation and facilities attract punters all year round. The manor house - with its 7 bedrooms - could be used as a B&B to generate more income or simply as a splendid, roomy family home. Price: €307k (£223k)
Family home and one big 5-bedroomed gite with pool. This gite business is right in the centre of a tiny wine village. Buyers don't like village houses as a rule, fearing noise and neighbour problems ... but they're wrong. The houses give on to a very private back garden with views over the surrounding vines. The gite - a big 5 bedroomed affair - lets for €2500 per week. For we are in a Mediterranean climate where the sun shines more, and hotter! Carcassonne airport is just 25 minutes away, as is the region's main tourist attraction, the Citadel of Carcassonne. Price: offers around €420k (£305k)
Enquiries: Simon Oliver - GITES à la française - +33 950 685 946 -
released: 18h00 – 08/09/2015 – Toulouse, France
What is a 'gîte'?
The word 'gîte' refers to a furnished, self-catering, holiday house that is let to tourists in holiday periods. It can be a cottage, villa, chalet or apartment.
Originally known as 'gîte rural' the concept has spread from this rather narrow definition to encompass more or less any furnished, short-let property in the countryside, at the seaside or even in big towns.
Still relatively ignored by French law, a gîte can be set up anywhere in France as long as two important declarations are made: firstly to the Mairie of the commune where the gîte is situated and secondly to the Recette Fiscale of the owner. In other words, as long as the authorities know what you're doing and as long as you're paying taxes on your earnings ... everyone is happy.
What is a 'chambre d'hôte'?
This is a bed & breakfast establishment. Technically it involves home-owners welcoming tourists into their own home, putting a bedroom at their disposal and giving them breakfast in the morning. The maximum number of bedrooms permitted is five, after which the establishment is reclassified as a hotel.
However, there is a fine line between 'chambre d'hôte' and 'gite d'étape' which could be described as a hostel. Even then, it is customary for hostels of this type (usually in mountainous regions or on national footpaths - GR) to stick to the 5 bedroom rule although one of those rooms might be a dormitory sleeping a dozen people.
Where we work
GITES FOR SALE operates throughout South-West France: in Aquitaine, Midi-Pyrénées and Languedoc-Roussillon
GITES FOR SALE FRANCE is an ESTATE AGENT (agence immobilière), registered under French law and subject to the laws and regulations of the EU and France. It has been vetted by the French Ministry of Justice and holds all the necessary insurance.
It should not be confused with 'finders' or 'house-hunting' services which have no legal standing, no financial guarantee and no estate agent's licence.
SARL GITES A LA FRANCAISE RCS Toulouse n°: 531 694 925
CARTE IMMOBILIERE HTE GARONNE N° 2197
RESPONSABILITE CIVILE: Assurance : Allianz 41404407GITES A LA FRANCAISE ne manie pas de fonds. A ce titre, et en conformité de l’article 38 de la loi (n°2010-853) du 23 juillet 2010, elle est disposée de garantie financière
GITES FOR SALE FRANCE (Gîtes à la Française S.A.R.L.) 17 rue des Roseaux, 31400 Toulouse
© Gîtes à la Française S.A.R.L. 2011