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Frequently
Asked Questions
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We
have been asked the same questions many times so we try to supply the answers
to the most common questions.
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This
is a complex question since as is common in buildings like this it has been altered
and added to many times. The original stonework has a plaque dating it to 1763.
This was of course pre-French Revolution, many of the original stone features,
floors, fireplaces seem to date from this period as does the main planting in
the garden. Many fine houses and Chateau were destroyed by the mobs and it looks
certain that Villechaise was seriously damaged in the Revolution.
The
interior is in the style of Napoleon III, about 1850 - 1880 and shows many features of this
time including some that are early Art-Deco.
It is likely that the extension for the servants' accommodation was added
at this time, this is now the Petite Maison. The kitchen wing and the Gatehouse
are later additions probably early 20th Century. Over the years of restoration
most of the original features have been carefully retained and much of the history
is based on dating these.
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Alas, very little, the building was in a poor state of repair 40 years
ago when an English family first bought it and it has been lovingly restored by
several English owners since then. |
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An
SCI is a 'Societe Civile Immobiliere' a French limited company that is specifically
designed to own a property such as Villechaise.
It
is a transparent company that we own 100% of - it makes no difference
to the way you live in or operate the business from the Chateau. It has
many advantages, principally in the interpretation of the French
Inheritance Tax Laws. There are many websites that give full discussion
of the advantages and disadvantages of owning property through an SCI. The sale of
the SCI Villechaise shares is one way to purchase the property, thus avoiding most of
the Notaires Costs in buying property in France.
Registering the share transfer incurs
a transfer fee of 4.8% of the share value.
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We
are happy to supply full details when you visit us. For obvious reasons
we will not publicly disclose figures.
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The
present Gites could be further improved as profit generators as we do
little marketing and the rates could be adjusted. The Barn is a
realistic conversion option to a three bedroom additional Gite
(see below) which would substantially increase rental turnover.
The chateau itself has two bed & breakfast suites on the ground floor. We
currently use one as our main guest suite and the second as a TV room.
These would let very well for the main summer period and generate almost as much
as the Gites in this time - more if a cook is available to supply a dinner each
evening.
Another
option worth considering is renting out the Chateau itself - there is
serious demand in the high season at very high prices - we have not
examined this option.
The
Barn, which has been partially converted and has full planning
permission to change to a habitable dwelling, could be let as a
large Gite and long term let over the winter. Alternatively this
building could be completed and sold off with a 1 hectare piece of land
with swimming pool for between 250,000€ and 300,000€
depending on quality of finish. It is a sensational building but is
well out of the area of the Chateau and wouldn't affect your life there.
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We
only use our marketing website and 1 agency. Our website is included in
the sale price. We have many links on free advertising sites and have
worked hard to maintain the sites position in the main search engines.
Without doubt some advertising would generate more bookings in the off
season particularly the carp fishing market. Other specialised niche
markets could also be investigated, eg. water colouring courses,
cooking courses and the like which have proved very successful in other
areas of France.
If
a buyer desires to keep the gite business going - some have looked at
other options - we would work with the buyer to maximise bookings before
we vacate the property.
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There
are thousands of 'Gite Businesses' in France - only very few make any money and
even fewer make a substantial income.
If
you are considering a 'Gite business' you should first consider which part of
the market into which your prospective business falls.
'Gites
de France' (the most common) - these are low cost Gites renting for 100 - 200 € a week for
a very basic unit, often a single room with kitchenette and a bed, basic bathroom
and little else. These are often in large blocks of 8 to 10 Gites, sometimes with
a pool - the market is mainly for French holidaymakers in July and August. Historically,
it is a diversification project by farmers but competition is high, bookings hard to
get, and profitability very low.
Second
most common are the farmhouse Gites, usually very clean and in small groups around
a pool away from the main house. Often they are based on a conversion of farm outbuildings.
They commonly have 2 or 3 bedrooms and let for 700 - 900 € a week at peak period s
- little letting outside this period unless there is a local attraction. Main
client base is UK/Dutch looking for a low cost holiday in the sun. The main problem
is the sort of clientele - a combination of cheap accommodation, cheap beer and
too much sun can lead to problems that you should consider how to deal with. The
other problem is getting the bookings - there is a lot of competition and the
off-season weeks are very difficult to let. Often owners use agents in UK to get
bookings - they typically charge 20-40% commission!
Finally, luxury Gites such as at Villechaise, usually in small units close to a Chateau
or other major house. Set in beautiful large grounds with private or large shared
pools.
Expensive
to rent, 1250 - 2000€ a week in peak times and due to the setting,
very easy to let off-season. Clientele are paying substantial amounts
so tend to be well-behaved. The large grounds mean they 'disappear' a
lot of the time although they do want contact with the Chateau owners.
You must be prepared to discuss restaurants, shopping, make sightseeing
recommendations and assist with any problems they may have, but
generally this is easy. Villechaise is very lucky in that the setting
is truly magical, with lovely scenery and a wonderful local area. The
Charente microclimate and a great lake full of fat Carp attract
visitors throughout the season. Confolens is one of the prettiest
villages in France and the music Festival in August means you are
always solidly booked throughout the summer.

Nobody
will show you their accounts - they are meaningless in any case. What you need
to see are records of bookings, particularly off season. We will be happy to show
you ours.
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Running
costs of course will reflect how much work you do and how much help you employ.
We currently only employ a cleaner who assists with the Saturday changeovers and
cleans the Chateau one half day a week. With very low traffic levels, very clean
air and rain, the property does not get dirty in the way houses do in the UK so
the cleaning is mainly the removal of the living mess that a family generates!
Insurance
costs are very low - crime is almost non-existent here. Heating costs, electricity and water
are cheap relative to the UK. Also the general living costs can be inexpensive relative to the UK.
There
are many people locally looking for work managing Gite complexes, gardening
and providing assistance in many ways. Many of these are ex-pats that have settled
in the area.
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The garden is set up for ease of work! Mowing is the main job but we have
a large ride on mower for the main areas - about 8 hours a week in spring, less
in summer. We have a mini tractor with grass topper/mower that does the larger
areas if we haven't grazed them with our neighbours horses, sheep or cows -
the farmer tops the fields and does all the work in return for the grazing! We
have a petrol strimmer and hedge cutter which is required to tidy
the hedges and edges.
Leaves are collected easily using the Terravac vacuum
machine towed behind the tractor mower.
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The structure is enormous and very sound. The roof is
complex but in good condition. The heating system with oil-fired boiler newly installed in 2002, is excellent.
The electrical system and plumbing has all been modernised and meets the latest standards. You
of course have the usual maintenance and painting to do annually, as with any
property, which is a large task but most
of the work is unskilled and straightforward. |
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Schooling, in St Maurice des Lions, 3Km away there is an excellent small
primary school, up to 11yo. In Confolens, 2.5Km away,
there are several primary schools, two secondary Schools and a Lycee. Bordeaux
has a small International School and offers weekly boarding with a local French
Family which enables Children to complete GCSE and A level courses started in
the UK before they moved to France. Costs are very low compared to UK Boarding
Schools. |
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Shopping -
in St Maurice des Lions 3Km away there is a butchers, bakery/store and a post
office. In Confolens 2.5Km away are two good supermarkets, a DIY store, banks, PO,
tourist office and a selection of small shops. Confolens also has two weekly markets
and lots of bars and restaurants. St. Junien 25Km away has hypermarkets and larger
shops whilst Angouleme, Poitiers and Limoges are all within easy driving distance
and are major cities with all facilities. |
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It is very easy and inexpensive
to get here. The simplest way is to fly to Limoges or Poitiers with RyanAir
and then hire a car at the airport. You can be at Villechaise in less
than 3 hours from leaving Stanstead! RyanAir are now doing flights from
several other airports in UK - and other discount airlines are also
flying to this area of France (eg Flybe from Southampton airport).
Of course many people drive down. It takes about 8 hours
from Calais or 6 from Caen.
Hotels in France are very inexpensive, basic clean
accomodation from 20€ a night!
We
recommend the Golf de Saint Junien in St Junien, between Villechaise and Limoges, en-route to
the Airport. It is clean, modern and good value. There are 2 hotels in
Confolens - Emeraude and Mere Michelet. Both are basic and very low cost. If you
want details of more upmarket hotels there are several in Limoges and Pressac.
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Everything
in the Gites, right down to the towels and sheets is included, The
kitchen dresser along with Electric Cooker and hood are included.
Most of the curtains and all the fitted carpets in the main
house are included.
Many other items including furniture and essential gardening kit (including the tractor with front loader and back hoe
(Mini JCB!), vacuum leaf sucker, mower attachments, tractor mower, hedge cutter, petrol strimmer and all the
garden tools) are subject to negotiation.
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