When it comes to the ownership of a property, a distinction is made between “bare ownership” and “right of use”. The right of use includes the right to live in or rent out the property, while bare ownership represents the pure ownership of the property without rights of use.
By selling the bare ownership, i.e. the pure walls of the property, you release tied-up financial capital for possible investments and still retain the lifelong usufructuary right – on the basis of which you can continue to live in your property yourself or increase your standard of living through rental income.
Castellanum offers you the “worry-free” package: after viewing your property, we estimate its market value. The value of the bare property depends primarily on the age of the seller – the older the seller, the higher the purchase price for the bare property. We then start looking for an investor. When the contract is signed, you receive the money and keep the fruits of your property for the rest of your life.
If you would like to enjoy and enhance your retirement without any worries, you are welcome to contact us for more information, we will take care of the sale and the entire process!