penfoldisking

Been away for a couple of days (work) and just caught up on the posts. not sure that some people read the posts properly. We have an income of 20,000 euros already and between 400 - 500,000 for a property so will not need a mortgage. One thing that did come across clearly is that understanding the french financial system is a challenge. However ther are more imp[ortanat things to sort out. I reckon a pool is essential, thoughts please.

Thanks to everyone for the advice so far. It confirms that it should be possible providing we do our homework on the business we buy, find a good location and spend money advertising. The one point we hadn't really gone into is the point raised about getting a good accountant. Is it easy to find an english speaking accountant ?

Hi, We're looking for some comments/sanity check on our plan to buy and run a Gites Complex in Central/SW area of France. We are a married couple (kids grown up and left) mid 40's & 50 who are looking to leave the rat race in UK but don't want to retire yet. We have relatives living in France and we have lived in Europe before. We plan on buying an existing Gites business (upto 450,000 euros) from the sale of our 2 properties in UK (1st just on the market) in the next 12 -18 months. So no mortgage to worry about. We have a private income/pension of 20,000 Euros per annum. With the uncertain nature of bookings are we going to be able to survive? (Sensible) Comments please. Also PM me if you have any good links of property agents/private sales of gites complexes. Cheers