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French Property News - - Expert Advice -

For sale at €389,000, La Basse Sal­matiere in Deux-sèvres is a ren­o­vated 19th-cen­tury farm­house and con­verted barn (420m2 ac­com­mo­da­tion) with a heated 5x10m swim­ming pool, set in nine acres of rolling land­scape with south-fac­ing val­ley views. The brief was to cre­ate: - A pri­vate three-bed­room fam­ily home with ad­di­tional space to al­low a semi­self suf­fi­cient lifestyle and room for up to four horses. -A cham­bre d’hôtes with the max­i­mum five en­suite bed­rooms (two on the ground floor) to en­able spe­cial­ist hol­i­days and/or gîte ac­com­mo­da­tion (ho­tel rules would ap­ply if there are more than five bed­rooms). - A well po­si­tioned pool with lovely views over the val­ley and space around for chairs and ta­bles. - A good sep­a­ra­tion be­tween pri­vate space and rental. - Large multi-use teach­ing fa­cil­ity. - Large eat­ing ar­eas in­side and out.

In­come po­ten­tial

Spe­cial­ity half-board for walk­ing/ cy­cling/paint­ing/writ­ing hol­i­days etc - April to May = 8 weeks €850/per­son x10 = €68,000 - May to July = 9 weeks €950/per­son x10 = €85,500 - Septem­ber = 4 weeks €950/per­son x10 = €38,000 - To­tal full oc­cu­pancy = €191,000 - 40% oc­cu­pancy = €76,400 gîte - July and Au­gust = 6 weeks at €2,200/ week = €13,200 So the po­ten­tial to­tal in­come April to Septem­ber = €76,400 plus €13,200 = €89,600, ris­ing to over €100,000 after sev­eral sea­sons, plus B&B in­come off sea­son. ( Th­ese are gross fig­ures.)

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