Unfortunately he's just retired as the village plumber. Sold his business to a large outfit in Saintes (17).I get the impression he's willing to let it sit around for quite some time... Bit of a shame really as it is a good sized building (350m2 over 2 floors) and a large plot (5500m2)
As for you initial offer...yes, that figure seems about right. But only if you really want to buy in the next 6-9 months. Patience in the French rural/semi-rural market pays. Come the end of 2009, when all these Brit owners still can't sell after > 1 yr on the market, they will drop the price. And the exchange rate will play a part. 3 months ago, it was near parity. Now the rate has risen 10% (reducing any currency profit by 10%). If the pound continues to strengthen, sellers might be prepared to cut further to ensure a sale at a "better" rate. If we get back to £1=1.25€, that's quite a hit.
Very true - my local English plasterer has given up the idea of selling and moving further south to the Biarritz-Pau area. He's now thinking of offering on the wreck that stands next to his place in order to rebuild and rent out.
As an aside, what sort of value would you put on a woodland plot of around 2500m2 which is heavily overgrown? We have one that adjoins our land and it would be great to buy and use for recreational purposes. Also, it would turn our large L-shaped plot into a nice large square one...