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House in VEZENOBRES , Gard , Languedoc Roussillon

€498,000 £444,256**
Ref: 87430RSI30
french property for sale
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Unique opportunity to co-own 3/8th of a luxurious French farmhouse

Richard Singer , your local Leggett agent, says :

Price €498 000
agency fees to be paid by the seller
Ref 87430RSI30
Town VEZENOBRES
link to google map MAP
Dept Gard
Surface 575 M2* Plot Size 2127 M2
Bathroom 6 Bedrooms 9
Location
  • 0-2KM to amenities
  • 50km or less to airport
  • Village property
Type
  • House
  • Country House
  • Holiday Home
Features
  • Business potential
  • Character property
  • Detached
  • Double glazing
  • Garage
  • Guest house / gite
  • Mains Drains
  • Private parking
  • Swimming Pool
  • Wheelchair friendly
  • Woodburner(s)
Condition
  • Excellent condition
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Fractional ownership of this magnificent 9-bedroom, 6000 square foot French farmhouse situated in the beautiful South of France, just outside the walls of the stunning medieval town of Vézénobres, in Gard. It is within 30 minutes of Nimes international airport (direct UK flights), with easy access to Montpellier and Marseille airports, and various TGV stations too. It is rural and private, without being isolated: you look out over fig orchards, yet are walking distance to restaurants, bars and shops. Rustic and luxurious. Peaceful and convenient. Read more ...

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Fractional ownership is increasingly being used to buy homes because people don’t want to either spend all their time in one place, or spend a large amount of money on somewhere they do not live for a large part of the year (most people spend only 4-6 weeks per year in their second homes, the rest being left empty: a tragic waste, financially, ecologically and socially). Moreover, people are increasingly finding that owning an overseas property involves far too many hassles (and costs) that detract from the whole experience – Le Mas du Figuier is set-up so that you just turn up and enjoy: beds made, towels clean, whole house immaculate, all on-site facilities ready for you, the house manager living on site to help you if required.

Le Mas du Figuier (“House of Figs”) is made from quintessential French stone, with wooden beams throughout, across three huge floors, surrounding a pretty courtyard. The house has been thoughtfully designed to ensure that everyone has plenty of living space, for relaxing or entertaining, or can flow outdoors to chill by the pool or on a terrace: there are four separate indoor living areas. On the second floor, accessible via two sets off staircases from each of the large living areas, there are 7 large double (or triple) bedrooms. 3 are en suite, with a fourth having a shower room. There is a separate family bathroom, another separate toilet, and a useful owner’s storage room. Most bedrooms have wooden beams, stone walls and beautiful aspects out to the surrounding countryside.

This is simply the perfect place to relax and enjoy your family, spend time with your friends, explore this beautiful country, rejuvenate yourself, rediscover the important things in life. This is an opportunity to purchase one-eighth share of this property, which you will co-own, entitling you to 6 weeks exclusive usage per year (or up to 18 weeks on a shared usage basis), whilst all running costs are equally shared between owners. Lower initial capital outlay, shared running costs, ample usage: a pragmatic way to have a second home without compromise.

At the end of the pre-agreed investment period (8 years), the property is sold and the sale proceeds shared back out.

THE NUMBERS:
Investment: €498,000 (c£ 429,000) + reserve fund (€2,000) + renovation fund
(€2,000)
Share: 3/8th (also available from 1/16th i.e. 3 weeks, i.e. 83.000 €)
Ownership Length: Saturday 5th January 2019 - Saturday 2nd January 2027
Usage: equiv. 18 wks per annum exclusive occupancy (on
shared-occupancy basis)
Annual Costs: shared running costs (year 1: €5,000 per 3/8th owner) inc house manager,
cleaning utilities, repairs etc.

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