If you are moving to France long term and you are looking for a business opportunity as well as cheap houses to rent, then Le Moulin du Trou could be a great option for you. This large property encompasses a 4 bedroom house, together with a 4 bedroom gite next door and 1,210 m² of land. The main house can be rented out for between €7,000 to €8,000 per year. The houses are located down a small lane and overlook a brook at the front and have splendid views to the rear of the property. The houses are located in the Aude region of France, just South of the the town of Limoux and close to the popular villages of Quillan, Rouvenac, Couiza and Chalabre. The houses are situated in the foothills of the Pyrenees and is a popular location for walkers, cyclists, bird watchers and visitors to the local Cathar castles. During the winter, these houses to rent in France are just a short drive to the ski slopes. Carcassonne airport is a 45 minute drive and Toulouse airport is 1 hour 15 mins.
Cheap houses to rent in France with a subsidised income
The Owner is looking for a long term rental (2-3 years) and will allow the tenants to generate an income by renting out either the main house or the gite for weekly holiday lets or as a bed and breakfast accommodation. The current Owner has in the past successfully rented out the Main house (The Moulin) for summer holiday rentals, earning an income of around €7,000-8,000 per year. The Owner has a website and a presence on TripAdvisor, which she will provide free to prospective tenants. The house comes partly furnished and some of the rooms will need refurbishment to return them to rental standard. You will need to either bring across your own furniture or you can furnish the property quite cheaply using French services such as EMAUS. Any commercial activity at the property must obtain the prior approval of the Owner (who it must be said is very positive towards any ideas you have for generating an income, provided the fabric of the house and land is not affected).
There is certainly the potential here to subsidize the annual rent by between 50%-100%, provided that you have the vision, hard work and marketing expertise. Whilst you are clearly going to have to be slightly mad to take on this project, you also need to be realistic. It is going to take an awful lot of work, ingenuity and small-scale investment to generate a stable income and the Owner is not in the position to provide charity. So only serious interest is encouraged. But often the barmiest ideas work out the best!!
Cheap houses rent France - facilities
This elegant property is located on the edge of a small hamlet, midway between the villages of Rouvenac and St-Jean-de-Paracol. The house encompasses two adjoining properties: the Moulin and the gite.
This is a large 4 bedroom property, that can either be used as your principal residence or rented out to paying guests. The front door opens into a spacious tiled hall-way, through which the kitchen, lounge, dining room and bathroom are accessed. The kitchen and dining room look out over the front of the property, whilst the lounge looks to the rear of the property. The kitchen is very spacious with a window to the front and east side of the property and a tiled floor. The kitchen contains a large wood burning stove which is the main source of heat for the house during the winter. Across the hall is the dining room, with glass doors leading onto a large lounge area. At the end of the hall is a large bathroom with separate shower and large corner bath. The bathroom has fittings for a washing machine and dryer. There is also a separate WC located under the stairs.
On the first floor there are 4 very large, bright bedrooms with sanded, stained wooden floorboards. All of the bedrooms have scope to incorporate en-suite facilities. The generous hallway ends at a south facing window overlooking the property and brook.
There is a generous attic area covering the entire footprint of the house with two dividing walls with doorways. The attic is fitted with wooden floor boards in good condition. In all there is 90m² of space in the attic, with approximately 45m² of standing room, which is potentially convertible to habitable space.
The property covers approximately 1,210 m² of land, with a 350m² grassed areas to the rear and walled grassed courtyard area of 200m² and uncovered parking area of 150m² to the front. There is an additional 75m² of land along the side of the garage allowing vehicle and machine access to the rear of the property. There is an outside garage with classic old wood double doors and smaller double door up to a mezzanine level. The garage also has plumbing and waste evacuation connections and a small fireplace/barbecue with chimney. The ground floor is of 17.3m² and the mezzanine is 17.3m², with approximately 7m² of standing height.
There is an outside walled terrace area of 30m² with a tree seat which directly overlooks the brook to the south.
The ground floor of the Gite is open plan and tiled throughout. There is a combined kitchen and dining area with adjoining lounge area. The lounge has large French doors with side windows. The kitchen dining area is fitted with a fan powered wood burner, giving the dining area great country character and is an efficient source of heat for the winter months. The wood burner is supported by a series of convector heaters in the lounge and bedrooms.
From the lounge, there is a staircase up to the first floor. Here you will find 3 large bedrooms ranging in size from 11m² to 27.3m². There is also a 4th bedroom with en suite bathroom (that requires completion with an internal fit-out). All the bedrooms have sanded wooden floor boards. 2 of the bedrooms open out onto a long wooden terrace with a south-facing view. Also on this floor there is a family bathroom with wooden floorboards, raised tiled floor and glass shower screen. Next to the bathroom there is a separate toilet.
The Gite boasts two large terraces on the first floor both of which are south facing. The side terrace is a 48m² tiled space and is accessed from the front terrace or the new master bedroom extension. The front terrace is 35m² and constructed of oak with solid wood decking and decorative iron balustrade. This can be accessed from two of the double bedrooms.
Underneath the tiled terrace there are 4 outside rooms requiring refurbishment. They range in size from 9.5m² to 25m². These outer rooms could be converted into additional habitable space or be used for a games room, storage area, workshop/studio or for laundry/pool equipment. In front of the gite there is a wall courtyard area of 180m² currently comprising lawn, with a raised concrete terrace and gravel pathway.
Cheap houses rent France with business potential - prices
Le Moulin du Trou is available to rent on an annual basis for a monthly rent of €1250, excluding utility bills. Through a combination of summer holiday rentals and providing bed and breakfast rooms, there is the ability for prospective tenants to subsidise the annual rent by between 50%-100%. Potential tenants must be able to demonstrate an ability to pay 12 months rent and provide suitable references/guarantors.
Houses rent France long term - our verdict
Le Moulin du Trou has the ability to kill two birds with one stone. It can provide a cheap house to rent in France, as well as the potential to create a long term business opportunity. The current owner is looking to keep hold of the property as a long term investment, so you have the security of knowing that you have the time to build up the business and then decide whether you wish to potentially purchase the property. This could be a great option for testing the bed and breakfast or adventure holidays market, without having to invest your capital up front.