U-turn on French Capital Gains Tax

The French Government has
finally reduced the length of time before your house in exempt from capital
gains tax.

The French government has
announced a change in the capital gains tax system on second home sales in a
bid to boost the French property market.

The taper relief system is to
be changed so that from 2014 the required time of ownerships before a property
is completely exempt from capital gains tax will be 22 years, down from the 30
year system which was ratified in September 2012.

This is a clear U-turn
by the government, reverting to a system which was planned when former
President Sarkozy was in power. 

The changes in taxation
were a prime cause of the reason for French home sales to drop at the start of
2013. Last year's property tax changes put off many foreign buyers off buying
French property and now with Hollande's changes we may hopefully see some of
these buyers return to the market.

St Cyr les Champagnes - Country Farmhouse with large barn, outhouses, well, lake on land of 2 ha

This lovely 4 bed house has lots of character
and charm and has retained many of its original features. Set in 2
hectares of land it comprises the main house, a large barn which
includes 2 stables, hay storage area, tack room, workshop and wood shed,
a covered dining area, a laundry room, a workable bread oven and
beautiful gardens.  

The property is set in a hamlet
overlooking beautiful views. It is situated just 7 minutes from Payzac
and 50 minutes from both Limoges and Brive airports. With 2 stables and a
paddock the property is suitable for horses. Also with a lake and
woodland.

Price 249,950 €  Link http://www.allez-francais.com/details.php?pty_id=1829

Nr Brivezac sur Dordogne - For sale 4 bed character property (EXCLUSIVE Mandat)

Looking for a rural retreat with a bit of character ? Here is one just for you...

Set in the hills above the riverside village of Brivezac, this 4 bed / 2 bath C19th stone house stands in an elevated situation overlooking woodland. Approached via a private driveway, there is plenty of off-road parking. 

 

In total, the grounds extend to almost 3.25 ha, but immediately around the house the 3 principal plots offer a more manageable 2,617m².

The property is in good condition, with
a lauzes roof, plenty of exposed beams on display, and in a tranquil
situation. The beautiful riverside towns of Beaulieu Sur Dordogne 10 km,
and Argentat at 18 km offer a good choice of local commerce &
restaurants. Brive is the nearest airport, but Limoges, Toulouse and
Bordeaux are all within 2 hours. Priced realistically at 263,940 €. 

 

 

Verteillac (24) - For sale C18th barn conversion with 4 beds / 3 baths

No expense has been spared with extensive use of oak within the beams and floors and top quality fitments including granite topped work surfaces in the kitchen and Villeroy & Boch sanitary ware in the bathrooms.

The grounds have been landscaped and terraced to make the most of the natural formations of the land with numerous seating areas created to enable the location to be fully appreciated. Whilst enjoying a tranquil, rural setting, there are neighbours close by to provide security.

More photos, floor plans and a virtual tour available.



Price 498,200 € FAI



Link  http://www.allez-francais.com/details.php?pty_id=1815

Nr Argentat (19) - For sale Barn conversion (3 beds / 3 baths) for 289,275 €

A lovely converted stone barn with an ardoise (slate) roof at the end of cul de sac in small hamlet of just 12 houses, 6 of which are occupied full time. The house has uninterrupted views over the glorious Dordogne Valley.

The property currently offers around 340m² habitable space with further 150m² of roof space suitable for additional accommodation if desired. The staircase has been designed so that this would easily be achieved. 



There are some jobs to be finished, and the vendor could complete these tasks to the specification of the buyers.

There are attached gardens and a field giving a total of 6180m² of land. There are superb views towards the Massif Central. For shops, the riverside town of Argentat is just 9 km distant. 

Price 289,275 € FAI



Link http://www.allez-francais.com/details.php?pty_id=1811

St Germain de Belves (24). Beautiful 3 bed stone house for sale in a listed hamlet

Significantly reduced in price. Located in a listed hamlet close to St Germain de Belvès and within a 5 minute drive to an 18 hole golf course, this old stone property has been recently restored and extended to provide very comfortable accommodation.

Set on a hillside with lovely views, the property benefits from a wealth of exposed stonework and beams and the owners have retained many original features. Outside the fully fenced pool with its own pool house and additional shower room enjoys a sunny disposition throughout the day.

 

New reduced price 299,975 € FAI

 

Link  http://www.allez-francais.com/details.php?pty_id=1723

Thiviers (24) - Manor house for sale with 2 apartments, set in 22 ha with 3 lakes

A lovely Domaine, for those who crave privacy and tranquility. The main house has 3 bathrooms (1 with sauna), a living room with a fire place, and a spacious terrace facing south. It is in good condition (recent new roof & heating systems). In addition there is a small apartment (2 bedroom with bathroom and kitchen) and a holiday apartment each having separate entrances.

 

Just 50 meters from the main house there is a chalet with a place for bathing with a man made white sand beach. The largest lake also has a Canadian log cabin, and this is perfect as a fisherman’s retreat. There is also a small pontoon and a man made beach here. The lakes are spring fed, and offer very high water quality, excellent fishing and there are even freshwater crayfish. Waterfalls create a lovely atmosphere within the park, and offer the prospect of generating hydro power. Some of the water gardens have natural fountains, (provided by the pressure from the higher lake).

Situated on a 22 ha (220,000 m²) plot of land, the land is roughly divided into forest/woodland (35%), grass land/grazing (30%), three lakes of around 4.5 ha in total (20%) on three different levels and the area close to the house (15%). Fishing and / or hunting on your own property is possible given the scope of the land. 

Price 1,890,000 €

Link http://www.allez-francais.com/details.php?pty_id=1803