Heavenly ensemble of Manor, 5 cottages, 2 pools and tennis on 1,74 ha in Dordogne

PROPERTY SUMMARY
The domain Le Repaire is located on a rocky outcrop in a small hamlet with nice views on a lovely bordering valley. This superb property consists of an impressive Maison de Maître dating from 1717 with adjoining barn at a romantic courtyard and 5 beautiful and spacious stone cottages, all with separate terraces and gardens, and many facilities. All houses have been completely renovated and well maintained and can directly be moved into. At present Le Repaire serves as a flourishing letting business sleeping up to 27, with an attractive annual rental income.

INTERESTING FOR:

• Entrepreneural 'bons vivants' who like to continue a flourishing letting business


• Group of friends, looking for several 2nd homes on the same location


• Companies, seeking a luxury, high capacity accommodation for seminars and a venue for employees and business relations


• Investors in a going, extendable recreational project.

ACCOMMODATION

Maison de Maître (465 m²)
Entrance hall, salon annex library, large open kitchen area, scullery, laundry, 3 large bedrooms with 3 en-suite bathrooms, 2 studies (former bedrooms) and large attic. The manor has exposed beams, terra cotta tiles and authentic wooden floor panels and is completely centrally heated and has 6 original open fireplaces. Large terrace at the rear of the house.

Barn (155 m²)
Large open space with mezzanine (150 m2) for parking cars and storage. Built-in closed section with tool shop, wine cave and facilities: new fuel-fired central heating system (Viessmann 2001), oil reservoir of 2000 lt. and descaling unit.

5 Stone cottages (total 515 m²)
The accommodation consists of 3 cottages (115 m², 120 m² and 125 m², each sleeping 6) and 2 cottages (80 m² and 75 m², sleeping 5 and 4). All cottages are completely renovated and fully furnished, former stone farmhouses. The houses have spacious and comfortable living quarters with many original features like open fireplaces, heavily beamed rooms and exposed stonework. Most furniture and equipment has been renewed recently and are included in the purchase price. All cottages have open fireplaces or wood stoves and additional electrical heating units.

LAND
A fine plot of land of 1,74 ha (about 4,3 acres) with large vegetable garden (800 m2) next to a natural well. Large lawns with fruit trees at the rear of the manor house and around the swimming pools and tennis. Aside the manor there is a park with many old trees and flower gardens with a shaded sitting/dining area. All houses and pool area have gardens with trees, many flowers and plants or flower boxes. For guests there are two separate parking spaces.

LOCATION

• Le Repaire is part of the beautiful rolling landscape of the Périgord Vert. Its situated only 2,5 km from the town of Mareuil-sur-Belle, halfway between the historic cities of Angoulême and Périgueux.


• The domain is only an 1½ hours drive from three international airports and within easy reach from mayor train connections (TGV).


• Nearby shopping in Mareuil. Many activities possible within ½ hours drive.


• Six 18-holes golf courses are within easy reach


• The climate is attractively varied with usually soft spring periods, warm summers, gorgeous autumns and mild winters.

POSSIBLE FINANCING THROUGH CO-OWNERSHIP

• The project is particularly interesting for entrepreneurial 'bons vivants' who prefer to engage in a charming service activity without any stress, but with all the good things that the beautiful France has to offer.


• Its worthwhile considering to invite couples, interested in a 2nd home on the same location to participate in the project. The advantages are obvious: own recreational use, annual net return on lettings of 5-7%, attractive investment in 2nd home (annual increase in value of 10%), accommodation management and exploitation in trusted hands.


• For the project owner/initiator this means: considerable mitigation of needed investment (investment of appr. €500,000 required), no difference in income and full retention of direction. From our own experience we can advise on this formula: a win-win situation for all parties concerned.

THRIVING LETTING BUSINESS

• We have developed a steadily growing track record with regular repeat bookings (appr. 1/3) and an increasing number of group reservations. Most guests come from all over the UK, Holland and Belgium.


• Le Repaire is one of few in the region that can accommodate large groups in separate houses; our motto being: 'Holidaying-apart-together'.


• From bookings in 2007 we have realised a considerable rental income, equalling 70 letting weeks.


• To increase income extension of activities is well feasable, especially during low season periods, including the Manor House in the letting and/or starting B&B-activities there, or a small camping activity ( on 5.000 m² land in valley).


• Promotion: we yearly advertise in some widely distributed brochures in the UK and developed an own website. We further employ several other websites (subdomains), adverts and links on most frequented holiday sites and portals. Most new arrangements for 2009 with these providers have already been taken care of.

PRICE
Included in the price are:

• Complete inventory of all cottages and all accessories of facilities like pool equipment (equalling a value of € 135,000).


• All websites, promotional arrangements, client surveys and booking systems will be transferred to new owners. No agency fees are due. 

POSSIBLE SALE OF PART OF THE PROJECT 
Because of the spaced situation of the cottages three of the 5 cottages with 1.150 m² of land can also be bought seperately, asking price € 390,000. Go to property ref. IFPC14189 on this website to see this offer in detail. 

INFORMATION
For more information on the sale of this unique project visit our special website:  http://lerepaire-cottages.gites.biz (copy this link to your browser).

CONTACT
Mark & Pluis van Stapele Tel.: 00.33.553.56.57.25  Email: lerepaire@tele2.fr