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Most chateaux that come on to the market in rural France are considered as black holes as far as investments are concerned, so it's a pleasure to find a fully-renovated 15th century chateau - exploited as a luxury guest house - being sold as a going-concern. The key to its success is probably the location: in one of those 'plus beaux villages de France' that attracts tourists all year round. Add to this the fact that it's plumb in the centre of Armagnac country - not to mention the Three Musketeers - and you can't go wrong.
Formerly an 18-room hotel, the current owners have sensibly transformed the building into a much more comfortable 5 guest bedroom business (well, suites rather than just bedrooms) while opening up most of the first floor for their own private use.
Guests are well catered for with a magnificent dining room, gardens and 12 metre pool.
There is an independent 2 bedroomed gite attached to the castle and this is handy to boost accommodation or provide an alternative for guests looking for self-catering.
The challenge/potential here is for someone to develop the catering angle. The current owners no longer want to provide table d'hôte or restauration for all-comers. However, the castle has a Licence IV (full liquor licence) which would be a shame not to use.... and the kitchens/dining-room to cater for up to 50 covers at a time.
The village is of course delightful with a couple of cafés, grocers, bakery etc as well as a doctor.
At this knock-down price you just can't go wrong.
Real Property Included
3 bedroomed apartment
In one of France's "plus beaux villages" in the Armagnac region of Gascony
Castle with more than 20 rooms: 6 guest rooms and suites, private owner's quarters, meeting rooms and a separate 2-bed gite. Set in 1 hectare of grounds with pool
Yes, the top floor has not yet been exploited: there are 6 more rooms
none of this quality in the area
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