Last Updated on March 20, 2023 by Tabraiz
Buying a French chateau for sale is an ideal investment for those seeking a luxurious lifestyle. Aside from its fairytale bulk, it can also serve as a first class guesthouse. And, many of them already have existing income from timber production. Buying a chateau for sale means you’re not only investing in a life of luxury, but also in a lucrative business opportunity.
Buying a french chateau is a lifestyle choice
Purchasing a French chateau is a great way to experience a new lifestyle. Most chateaux are not too far from Paris and other major cultural centres. Some people like the idea of being further from the hustle and bustle of the city while others prefer the tranquility of the countryside. In fact, the vast majority of chateau buyers come from outside France.
Buying a chateau is not an easy task. You need to do a great deal of research and decide on the outlines of your project. You must also establish your personal motivations for buying a chateau and your criteria for buying one. The professionals at BARNES Immobilier can help you put your personal and objective criteria for buying a chateau into perspective.
It’s a money-sucking investment
If you are thinking of buying a French chateau for sale, you should understand the potential risks. For starters, many chateaus have fallen apart due to lack of funding. Moreover, inheritance laws in France tend to split the estate between the heirs, a fact which can lead to family feuds.
In addition to the high initial cost, you also have to keep up with the ongoing costs. Upkeep and renovation can cost you as much as EUR1,000 per square metre. In addition, the energy-intensive castles usually require massive amounts of maintenance. As a result, they are often situated in remote and isolated areas.
It offers excellent privacy
If you’re looking for an estate with exceptional privacy, a French chateau for sale is worth considering. These opulent, fairytale buildings are typically surrounded by acres of land and feature lakes, outbuildings, and expansive floor plans. Unlike the smaller homes that jostle for the best views, French chateaus allow you to survey your own land.
The price of a French chateau for sale depends on many factors, such as the size of the chateau and the amount of land surrounding it. As such, the cost can increase significantly after renovations and upkeep are taken into consideration. If you’re interested in buying a chateau, be sure to factor in the costs of renovations and repairs to ensure its continued viability in the future. Generally, a medium-sized chateau will cost around EUR80,000 a year to maintain.
It can be converted into a first-class guesthouse
If you’re interested in converting a chateau into a first-class guesthouse in France, you’ve probably noticed the increase in interest in this type of property. With a growing middle class and the ability to travel to new places, more people are looking into chateaus for sale in France. A French chateau for sale can serve as the perfect family home or a fantastic venue for a new tourism business, including fishing, equestrian activities, and wildlife watching. Some of the most beautiful chateaus are even suitable for weddings. Others can be turned into hotel accommodations or other types of hospitality business.
A typical property will consist of an approx. 900-square-metre castle plus three independent converted guest houses that are 120 to 200 m2. The property also has a two-hectare forest, three lakes, and numerous outbuildings. A 12×6-metre swimming pool, professional kitchen, and spa, as well as a formal French garden and a vegetable garden.
It’s a great investment
If you are looking for a great investment, you may want to buy a French chateau for sale. This is a type of property that dates back to medieval times. Many people are attracted to the classic architecture of old buildings. However, older buildings are not inexpensive to buy. Because of this, many buyers opt to buy a property that doesn’t need any major renovations. However, you need to know the costs of ownership before you make your decision.
First of all, it will require a lot of time and money to maintain a French chateau. The cost of a French chateau for sale may be higher than what you expect, so you should plan accordingly. In addition, you may be eligible for tax benefits if you purchase a French chateau. However, you should consult an accountant to learn more about the details.
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