Do you know what Bare Ownership is?
With the sale of bare ownership the owner of the property sells the walls of the property maintaining the right to live in the house for his entire life by virtue of the right of usufruct.
At the end of the usufruct period, the bare owner (property purchaser) will become the full and complete owner, being able to use the property from that moment on.
The purchase of bare ownership is an advantageous investment because it allows you to purchase a property today at a very advantageous price compared to the market value, with the possibility of reselling the bare ownership in the short term or disposing of the property in the future.
Bare Ownership Price: €80,000
Full ownership property value: €110,000
Age of usufructuary: 78 years
Apartment in an excellent state of maintenance located on the ground floor and inserted in a condominium complex consisting of three condominiums. You enter the living room communicating with the kitchen. The sleeping area consists of 2 bedrooms and two bathrooms. The garage is located in the basement. The apartment is located in a quiet residential area
Condominium fees €3/400/year
Energy certification in progress--9c62cb943601c2b46596314f0a93a6f7!