The sale of bare property has become a tool increasingly used by those people of retirement age who want to obtain extra income to complement their pensions. Through the dismemberment of the property and the maintenance of usufruct (whether for life or not), the seller acquires liquidity without losing the possibility of enjoying his property.
What is the sale of bare property?
Selling the bare ownership of a house consists of the transfer, in exchange for a price, of one of the parts into which the full ownership of a property is divided:
On the one hand, there is bare ownership, which consists of the ownership of the good but with the limitation of not being able to possess and enjoy it, nor dispose of its fruits or income.
On the other hand, we have usufruct, which consists of the right to possess, use and enjoy the property, as well as to obtain its fruits and income.
Many people wonder if the bare property can be sold without giving up the usufruct, and the answer is affirmative.
In fact, in recent years, the alternative of selling the bare ownership of a home has been gaining strength as a way that allows owners over 65 years of age to obtain liquidity through the sale of their property, although without ceasing to live in him for the rest of his days.
Source: Idealista