A grand 19th-century townhouse in Aubusson — UNESCO Creative City, tapestry capital of the world, and one of the most undervalued historic towns in France. Original curved staircase, fireplaces in every room, encaustic tile floors. Comaison's most accessible entry point. Fully renovated, fully furnished, fully yours.
This is not a renovated estate. It is something rarer — a large, structurally sound 19th-century maison bourgeoise with its period features almost entirely intact, waiting for a Comaison curation to transform it into one of the most distinctive properties in the portfolio.
The curved original staircase. The encaustic tile floors. The fireplaces in every principal room. The ceiling roses. The tall shuttered windows looking out over Aubusson, a town that has barely changed in two hundred years. These are not features you install. They are features you inherit — and then honour.
The £200,000 renovation budget is fully included in the share price. When shareholders take their first visit, they arrive to a fully curated, beautifully restored Comaison home — not a building site. The cost of transformation is built in, not added on.
A maison bourgeoise of this scale — three full floors, ~450m², with a town garden and established position on a quiet Aubusson street — represents the architecture of a prosperous 19th-century France that barely exists anywhere at this price. The building is structurally sound. The period features are intact. The transformation ahead is one of curation, not rescue.
The full-width ground floor opens to the street through original double doors and carries into a generous reception hallway anchored by the curved staircase. Comaison will create an open kitchen-dining room connecting directly to the garden, with a separate salon for quieter evenings.
The principal floor — high ceilings, tall shuttered windows, original fireplaces — will become three principal bedrooms each with en-suite bathroom. This is where the ceiling roses, wide plank floors and original panelling are at their most extraordinary.
The upper floor and attic dormer rooms create two further bedrooms — smaller in scale, characterful in detail. The attic space offers the possibility of a private reading room or bunk room for children. Five bedrooms in total, post-renovation.
The original curved wooden staircase that sweeps from ground floor to attic is the defining feature of the interior. It will be restored, not replaced — stripped back, waxed, and lit from above to become the centrepiece of the whole house.
The lower ground or cellar level — a feature of many maisons bourgeoises of this period — will become Comaison's entertainment floor: a cinema room, a bar, a billiard table, and a temperature-controlled wine cellar. The amenity that no countryside manoir can offer.
A private walled town garden — rare in this context — will be transformed into a Comaison outdoor space: stone terrace for dining, climbing plants on old walls, a fire pit for cool Creuse evenings. Small, private, and completely yours.
Blue-grey shutters, lavender at the door, stone that has stood since Napoleon. The address alone announces you.
The entire renovation budget — £200,000 — is built into the share price. Not a capital call after signing. Not an estimate subject to revision. A committed budget, managed by Comaison, delivered before owners take their first visit.
This is what makes the maison bourgeoise model work: the renovation is priced in as a known cost, not an uncertain future spend. Every shareholder knows exactly what they're paying and exactly what they'll receive when it's done.
The curved staircase, encaustic tile floors, ceiling roses, fireplaces, panelling and wide plank oak floors will all be restored — not replaced. Comaison's approach to period properties is always preservation first. What the 19th century built, we honour.
On top of the restoration: a Comaison interior identity distinctly of Aubusson — linen in the colours of the Creuse valley, walnut furniture from local ateliers, ceramics, carefully chosen antiques from the Chalon brocante. The kind of curation that makes guests photograph every room.
South-facing rooflines make this property ideal for solar installation. A photovoltaic system and battery storage will bring utility costs toward near-zero — the €4,000 annual utility estimate already assumes solar in operation. Comaison's commitment to energy independence across the portfolio starts here, at the most accessible price point.
The basement or lower ground level becomes the amenity that sets this property apart in the Comaison portfolio: a cinema room, bar, billiard table, and wine cellar. The resort-style entertainment space that only a town house at this scale can provide.
These images show the property as it currently stands — unloved, but fundamentally unchanged. The staircase. The tile floors. The fireplaces. The ceiling roses. The shuttered windows. All of it is there, waiting. A renovation restores it. It cannot recreate it.
These images show the property as it stands today — and as it will look when Comaison has finished. The curved staircase. The encaustic tile floors. The fireplaces. None of this changes. What changes is everything around it: the surfaces, the lighting, the kitchen, the bathrooms. The bones remain. The result is transformed.
These renders represent Comaison's vision for the completed property. Final interiors will be determined by the Comaison design team in consultation with shareholders. All images are illustrative.
"You cannot build a curved 19th-century staircase. You cannot install original encaustic tile floors. You cannot add a ceiling rose to a room that never had one. This house has all of it, intact. That is the investment."
The maison bourgeoise cannot give you a pool in the Creuse countryside. What it gives you instead is something no country estate in the Comaison portfolio can match: a private town with everything within walking distance, and an entertainment floor inside the building that creates the social space a house like this was always designed to host.
The basement level — traditional to buildings of this period — becomes the defining amenity of the property. A cinema room. A proper bar. A billiard table under the original beams. A temperature-controlled wine cellar for the local Creuse and Auvergne wines that are, after all, the entire point of being here.
A dedicated screening room — acoustic panels, drop-down screen, comfortable seating for ten. The rainy-day amenity that every country house needs and few have.
A proper bar with local spirits, Creuse and Auvergne wines by the glass, and an antique billiard table under the stone vaulting. The room people gravitate to after dinner.
Temperature-controlled, properly fitted, with a rack for 200 bottles. Each owner maintains their own section. The region's wine and food culture is the reason you are here.
The walled town garden — transformed into a private outdoor space with a stone terrace, fire pit, and climbing plants on old walls. Small, enclosed, entirely private.
The maison bourgeoise sits in the heart of Aubusson, offering everything within walking distance — market, restaurants, wine shops, pharmacy, river walks — and is positioned within easy reach of the great wine appellations that make the Creuse and surrounding regions worth exploring.
This is the fundamental difference from a rural estate. You are not dependent on a car for anything. The boulangerie, the market, the riverside café — immediately on your doorstep. Limoges airport is an hour away. The Auvergne volcanoes, the Dordogne gorges, and the thermal spas of Vichy are all within two hours.
Aubusson's tapestry tradition — 600 years of craft, UNESCO-recognised — gives the town a cultural weight that draws visitors year-round. The Cité Internationale de la Tapisserie museum is a ten-minute walk. The surrounding Creuse countryside — deep river gorges, oak forest, medieval villages — provides the outdoor context that makes every season here worthwhile.
| Town centre · all amenities | On foot |
| Tuesday & Friday market | On foot |
| Limoges (regional capital) | ~1h 00m |
| Clermont-Ferrand | ~1h 10m |
| Limoges Airport (London direct) | ~1h 05m |
| Brive-la-Gaillarde | ~1h 30m |
| Dordogne (Périgueux) | ~2h 00m |
| Paris by road | ~3h 40m |
| Paris via Limoges Airport | ~1h flight |
Aubusson has produced the world's finest tapestries since the 15th century. UNESCO recognised it as a Creative City of Crafts and Folk Art. The Cité Internationale de la Tapisserie draws visitors internationally. This cultural identity — rare, specific, internationally recognised — gives Aubusson a cachet that generalist French towns cannot match.
Character townhouses in Aubusson and the Creuse have seen consistent appreciation of 5–8% annually since 2020. The supply is finite — 19th-century buildings of this scale and quality are not being built. International demand from buyers seeking authenticity, space and provenance continues to drive prices upward.
The share price of £49,000 covers everything — acquisition, the full £200,000 renovation, furniture and interior curation, entertainment floor, and all legal costs. There are no additional charges and no capital calls. One price, one decision, and you own a share in a fully transformed 19th-century Aubusson townhouse.
The holding structure is a UK-registered Ltd company. The shareholder agreement governs use, income distribution, and exit. Every shareholder has equal voting rights on major decisions.
At £49,000, this is Comaison's most accessible property. Less than a quality car. Less than a London parking space. For a share in a restored 19th-century Aubusson townhouse with cinema, bar, billiard room, wine cellar, and walking access to one of the world's great food and tapestry heritage regions.
| Cleaning & housekeeping | ~€10,000 |
| Building maintenance | ~€12,000 |
| Utilities (solar-assisted) | ~€4,000 |
| Management fee | ~€10,000 |
| Insurance | ~€3,000 |
| Capital reserve fund | ~€5,000 |
| UK Ltd accounting & legal | ~€4,000 |
| Estimated total per annum | ~£40,000 |
| Per owner (÷ 8) | ~£5,000 |
Post-renovation, the maison bourgeoise operates as a complete, whole-house rental — 5 bedrooms, cinema, bar, wine cellar — available to groups of up to 16 guests. Premium townhouse rentals in Aubusson and the Creuse with amenities of this quality command strong weekly rates, particularly for corporate retreats, extended family gatherings, and tapestry and artisan touring groups.
The entertainment floor specifically — the cinema, bar and billiard room — is a commercial differentiator that no comparable Aubusson rental can match. This is the amenity that fills the shoulder season and commands a premium in peak weeks.
£49,000 buys a share in a restored 19th-century Aubusson townhouse — the Comaison portfolio's most accessible entry point — for a net annual cost of approximately £160 per month. A seven-bedroom house in one of the world's great tapestry heritage regions, fully curated, with cinema, bar, billiard room and wine cellar. Walking distance to town. Medieval bridge at the end of the road. One hour from Limoges Airport.
Character townhouses in Aubusson and the Creuse have appreciated consistently. The post-renovation value of a property of this scale and quality — with unique amenities in a recognised tapestry heritage region — provides a strong base case. Projections are per-share, based on the estimated fully-renovated market value of the property.
Projections are illustrative and based on comparable Creuse character property sales. They assume the renovation is complete and the property is operating at target occupancy. All property investment involves risk and past performance is not a guide to future returns.
The maison bourgeoise follows a different timeline from the portfolio's other properties — the renovation period is the first act, and it is entirely managed by Comaison. Shareholders invest, Comaison transforms, and the first owner visits happen to a fully realised property.
Eight shareholders complete. UK Ltd formed. Comaison's restoration team begins work — period features preserved, staircase restored, floors stripped and waxed. The entertainment floor takes shape. Target completion: 12 months from acquisition.
Per share at entry: £49,000 · Full renovation includedRestoration complete. First shareholder gathering in the finished property — the staircase, the cinema, the wine cellar. Rental season opens: a fully curated whole-house offering for groups and cultural touring groups. Target gross: €66,000.
Target net cost per owner: ~£500Two full rental seasons build the reputation and reviews that command premium rates. Wine tourism specifically — wine and cultural tours with private cellar, private cinema evenings, local gastronomy experiences in the property — positions this as a premium destination product.
Value appreciation: +4–8% annuallyA fully established Aubusson townhouse — unique in its amenities, proven in its rental income, appreciating in a rising market. Shareholders hold, or exit at the current market valuation. Conservative mid-case per-share value: £66,000 vs entry £49,000 — a £17,000 gain per share.
Conservative exit: £60k · Mid-case: £66k · Optimistic: £72k per shareEvery other Comaison property asks you to get in a car to reach a restaurant. The maison bourgeoise puts you in Aubusson where the best food and wine is genuinely on your doorstep. The Saturday market. The cave à vins where the vigneron knows your name. The brasserie on the square. All of it within five minutes on foot.
Your six weeks a year are managed completely. You arrive to a prepared home, a stocked wine cellar with your allocation, and the keys to one of Aubusson's most distinctive addresses. Comaison manages everything else.
This is the Comaison model at its most accessible — £49,000 for a share in something irreplaceable, in a region that the world agrees is worth being in.
"You cannot find another 19th-century maison bourgeoise — of this scale, with these features — in an Aubusson, restored to this standard, for £49,000 a share. Because nothing else like it exists at this price."
Aubusson is one of France's most singular small towns — the ancient capital of European tapestry weaving, inscribed on UNESCO's Intangible Cultural Heritage list in 2009. Its medieval bridge, half-timbered houses overhanging the River Creuse, and working tapestry ateliers create an atmosphere found nowhere else in France. This is not a tourist town. It is a living cultural capital.
Character townhouses in Aubusson are significantly undervalued relative to comparable properties in Burgundy or the Dordogne. At £49,000 per share — with £200,000 renovation included — this is the most accessible investment in the Comaison portfolio and one with the strongest entry-point argument of all three current properties.
This prospectus is prepared by Comaison for indicative purposes only. All financial projections, rental yield estimates, capital appreciation forecasts, renovation cost estimates and share prices are illustrative — they do not constitute a guarantee of return or cost. The renovation budget of £200,000 is a target figure managed by Comaison; final costs may vary. Property investment involves risk; capital is at risk. The holding structure described is indicative — final legal structure to be confirmed by independent legal advisers. Tax implications will vary by individual shareholder's country of residence. Prospective shareholders should obtain independent legal and financial advice prior to any commitment.
