Well, heading into our last full week in Céret things were pretty quiet. Some meals with friends and some short walks. This was soon all to change!
As per normal, John had been trolling the local real estate websites to see if our dream house had come in. We had spied a few ads we wanted to follow up so called in at one of the agents (Valerie) to find out more. These weren't suitable, as it turned out they weren't in central Céret. However a day or two later Valerie spied us outside the office and said she had a friend from the DGSE, France's Secret Service, from Paris who she thought would be very interested in our apartment. Last year we had her through to give an estimate of its value with or without a terrace and second bedroom. Anyway, to cut to the chase, the boyfriend was coming to Céret to spend the weekend with her and we organised for them to have a look through on Friday morning. She said he 'had plenty of money' and the silly price we mentioned didn't appear to be an issue. The opportunity to sell at a premium merited some hard thinking, with tax changes making an earlier sale attractive. We were even offered the possibility that some of the purchase price could come in the form of a paper bag of cash, so we could further reduce our capital gains tax. We thought about this option, but not for long, as how could we dispose of cash? We can't bank it in France without declaring its provenance, we can't take that much cash into New Zealand for similar reasons, and we couldn't see ourselves using it for every single purchase in Europe until it was all gone.
This sounded promising but threw us into all sorts of dilemmas about selling now versus later, finding somewhere else to buy, possibly needing to rent, storing furniture, capital gains tax, and so on. We ended up by revisiting one of the apartments we had considered before, and had previously decided against mainly because it can't have a terrace and was a load of work. However it is in an even nicer location than where we are now, above the main square, Place des Neuf Jets. We have since been back to it twice, burned the midnight oil on several nights drawing up 3D plans for it, discussed it in depth with our builder, discussed it with friends who know Céret well, and have done a whole lot of number crunching. It looks like the numbers stack up pretty well, and it would be very nice.
Wednesday afternoon we made an offer! Thursday evening it was rejected, but with a new vastly more acceptable asking price. With a little final negotiation we agreed to her price Saturday morning! It is subject to our satisfaction with the mandatory inspection for termites, lead paint, electricity and energy conservation. We also have a 7 day grace period from the formal signing when we can pull out at no cost to us. Scary but we are very excited.
The project is much bigger than doing up Place de L'Eglise. It is the top floor of a four-story maison du village, and had been completely stripped out to replace the roof. It has electricity and water on, but no internal walls or much of anything else. With a lot of new building work and expense it will give us sunlight, two bedrooms, a good mezzanine, a much more generous and very light and airy living area, high ceilings and much more. It is on the top floor of Place des Neuf Jets, the most beautiful square in Céret. This square is lined with restaurants and is a buzz of activity, not in winter so much, but certainly from May onwards and with the trees in full leaf.
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| Place des Neuf Jets |
So, if all goes well and the sale is confirmed, this will be our 6th turn-of-last-century doer-upper that we have tackled (counting both NZ and France). This one is in fact a tad older - 1867. Maybe we should have been property developers instead of our chosen professions. We don't tire of taking on the work, challenge and risk of starting from scratch with each project and seeing where we can take it. It looks like the rest of this year will be back to the grind of scrubbing, sanding and painting, but this time with the added thrill of plastering all the walls and ceilings and laying floor tiles throughout. Our builder will be constructing all the walls and a mezzanine, but we will do as much of everything else as we can.
To continue the story, Valerie and her Parisian 'friend' turned up Friday morning. Valerie told us it wouldn't be before 11:30am because they 'wouldn't be getting up early'. What a laugh! We had given the apartment a supreme clean, including polishing the floors once more so it was looking pretty chipper. Anyway, said friend very much likes the place and we have semi-agreed on a brilliant price subject to us getting the copropriété's consent to allowing us to use the attic space,which is not at all certain, so who knows what value the agreement is!
With one thing and another, our last week here has been full of drama, stress, sleepless nights, endless mathematical workings, and layout designing. We have already chosen the type of door handles we want in the new place! Somehow I don't think we will be arriving in Melbourne is a relaxed mode next week, but maybe we will sleep really well on the plane?
It's now Monday, and most surprisingly, the compromis de vente on our new apartment is in our hot little hands, all signed and sealed. We still have 7 days cool-off period, which we will use to check the documents and most importantly, get an acceptable quote from the builder. We went in to the agent this morning to sign our final offer, and not long after got a call to say it had been accepted and the papers would be forwarded to the notaire. We'd already made an appointment with the notaire to discuss the issues of selling our current apartment, and much to our surprise when we turned up, the vendor was on her way and our meeting turned into a sale, a week before expected. Remember that all this is taking place on the Monday before we leave town for 3 months.
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| From left, dining room, kitchen, bathroom, spare bedroom. Paint perhaps needs just a touch-up here and there. |
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| View to the rear, one bedroom each side. Note the sun, something we lack now. |
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| Proposed layout. Mezzanine with Veluxes sits over the stairwell, hall, kitchen and bathroom. Bedrooms and living room will have ceilings following the sloping roof line. |
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