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French Property of the Week: Charming gite complex in rustic Brittany

If you're looking for a beautiful property in rustic Brittany, in western France, that's not far from beaches and historic towns AND that comes with its own business then take a look at this.

French Property of the Week: Charming gite complex in rustic Brittany
Photo: Leggett Immobilier

Where is it?

The property or two properties is located in a tranquil hamlet just 1km from the village of Quistinic in the Morbihan department of southern Brittany (see map below).

There nearest big towns are Vannes and Lorient and the picturesque Auray just 45 minutes away, while the spectacular Quiberon peninsular and its beaches are an hour away by car.

It's about two hours drive to the port of St Malo, where there are regular ferry services to the UK and about the same driving time to the port of Roscoff where there are ferry services to Ireland.

Nantes airport which has international flights to the UK and other European countries is just under two hours drive away. And the airport at Dinard, which offers flights to the UK is around two hours away.

How much does it cost?

The property costs €318,000 or £281, 494 or $390,762, all depending on exchange rates.

Describe the property

This stone property has been renovated to an extremely high level of quality and offers a combination of rentable/living solutions.

The main building can be considered as a maison principal and one gite or just as two gites together. An additional building is currently used as a play/games room with further potential to convert the upper floor into more living space, perhaps further bedrooms. There is also an option to convert a separate stone building into a further, smaller gite or useable space.

The entrance has a large gravel courtyard area leading to the buildings, with ample space for parking.

Set in an acre of beautiful landscaped gardens, these beautiful and immaculately kept self catering gites (cottages) both have individual heated pools in their own private gardens.

Each gite is fully furbished, with the possibility of firing up the wood burners when needed in the wintertime. Three rooms in one and two in the other allow flexibility to either live in the property and exploit the gites, or rent both out to a varying clientele and different sizes of families.

In front of the main stone house is another, which is currently set up as a games/playroom and houses the washing machines. It allows access from both gardens, and also has a bathroom on the ground floor. Easy access for cycling and walking in the local wooded countryside

The business would be sold with all of the items needed to continue running the gites, making it a very good investment with immediate return.

What the estate agent says

Philippe de Belder from Leggett Immobilier says: “This gite business, complete with solid, repeat clientele, is ready to go and certainly should not be missed.

“It offers great views of the surrounding countryside give a real feel and sense of the French lifestyle. Superb value for the property and a fantastic business potential.”

And the photos:

For more information on this property visit Leggett Immobilier.

 

 

 

For members

PROPERTY

MAP: Where in France can you buy property for less than €100k?

While French cities such as Paris are notoriously expensive, there are many areas outside the cities where it is still possible to buy spacious homes for less than €100,000 - particularly if you don't mind a bit of renovation.

MAP: Where in France can you buy property for less than €100k?

We decided to look at where in France you could afford a property on a budget of €100,000, and it turns out there are some bargains to be had.

There are a lot of caveats while searching for property, and many local variables in place, but our search does show some of the areas to concentrate on if you have a limited budget.

We used the Notaires de France immobilier website in August 2022, and we specified that the property should have at least five rooms (including kitchen and bathroom) and a floor space of at least 100 square metres.

We also discounted any property that was for sale under the viager system – a complicated purchase method which allows the resident to release equity on their property gradually, as the buyer puts down a lump sum in advance and then pays what is effectively a rent for the rest of the seller’s lifetime, while allowing them to remain in the property.

READ ALSO Viager: The French property system that can lead to a bargain

For a five-room, 100 square metre property at under €100,000, you won’t find anywhere in the Île-de-France region, where the proximity of Paris pushes up property prices. The city itself is famously expensive, but much of the greater Paris region is within commuting distance, which means pricier property. 

Equally the island of Corsica – where prices are pushed up by its popularity as a tourist destination – showed no properties for sale while the region of Provence-Alpes-Côte d’Azur – which includes the French Riviera – showed only 1 property under €100,000.

The very presence of Bordeaux, meanwhile, takes the entire département of Gironde out of this equation – but that doesn’t mean that the southwest is completely out of the running. A total of 25 properties came up in the Nouvelle Aquitaine region. One property was on the market for a mere €20,000 – but it was, as the Notaires’ brochure noted, in need of “complete renovation”.

Neighbouring Occitanie, meanwhile, showed 12 further properties in the bracket.

By far the most properties on the day of our search – 67 – were to be found in the Grand Est region of eastern France. The eastern part of France overall comes out best for property bargains, with the north-east region of Hauts-de-France showing 38 properties and and Bourgogne-Franche-Comté displaying 25.

Further south, however, the presence of the Alps – another popular tourist destination – pushed up prices in the Auvergne-Rhône-Alpes region which showed just three results.

The below map shows our search results, with darker colours indicating more cheap properties.

Property buying tips 

In order to make a comparison, we focused our search on properties advertised online, but if you have a specific area in mind it's well worth making friends with a few local real estate agents and perhaps also the mayor, since it's common for properties not to be advertised online.

Most of the truly 'bargain' properties are described as being "in need of renovation" - which is real estate speak for a complete wreck.

If you don't mind doing a bit of work you can often pick up property for low prices, but you need to do a clear-eyed assessment of exactly how much work you are willing and able to do, and what the cost is likely to be - there's no point getting a "cheap" house and then spending three times the purchase price on renovations.

READ ALSO 'Double your budget and make friends with the mayor' - tips for French property renovation

That said, there were plenty of properties at or near the €100,000 mark that were perfectly liveable or needed only relatively minor renovations.

You also need to pay attention to the location, as the sub-€100,000 properties are often in remote areas or very small villages with limited access to amenities. While this lifestyle suits many people, bear in mind that owning a car is a requirement and you may end up paying extra for certain services.

Finally remember that government help, in the form of loans and grants, is available for environmentally friendly improvements, such as insulation or glazing.

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