{"id":72906,"date":"2021-09-13T11:02:56","date_gmt":"2021-09-13T09:02:56","guid":{"rendered":"https:\/\/gesvalt.es\/?p=72906"},"modified":"2026-02-02T15:40:21","modified_gmt":"2026-02-02T15:40:21","slug":"freehold-property","status":"publish","type":"post","link":"https:\/\/gesvalt.es\/en\/blog\/vivienda-nuda-propiedad\/","title":{"rendered":"Buying or selling a property under bare ownership: what is it and what are its advantages?"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The concept <strong>\u00abbare ownership\u00bb<\/strong> It often comes up in discussions about estate planning, property investment and access to housing, but what exactly does it mean?<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">A bare ownership deed allows elderly people to access liquidity by selling this right and retain the right to full use of the property until their death, at which point the usufruct is dissolved and the bare owner would then have full ownership.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong>What is the profile of the owner of this type of sale?<\/strong> This formula is usually chosen by elderly people (single or widowed) as a supplement to their pension, whereby, in exchange for a price or a life or temporary annuity, they reserve the right of usufruct.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">What are the advantages of bare ownership?<\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong>Bare ownership is an interesting option if the owner is seeking supplementary income to a pension. <\/strong>and if he has no direct heirs. If he has descendants, this will mean a reduction in the family's assets.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The seller has immediate access to the money and can continue to use and occupy their home for the rest of their life. This transaction improves the seller's quality of life by giving them access to financial resources without having to move house.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">On the other hand, the usufructuary has the right to rent out the property and keep the profits without having to ask permission from the bare owner.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">From the buyer's point of view, there is the advantage of acquiring a property below market price, which can range from a 20% to 80% discount on the value at the time of the transaction. It is also an investment opportunity if we consider the revaluation of the asset over time. In general, the older the owner, the lower the discount on the price.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The buyer should consider factors such as the value of the property, the age of the owner, and their state of health.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Valuation of the property in bare ownership<\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">A bare ownership property sale transaction requires a <a href=\"https:\/\/gesvalt.es\/en\/servicios-por-sector\/sector-particulares\/\">professional valuation of the asset carried out by an approved entity, such as Gesvalt.<\/a> The valuation determines the value of the property in full ownership, as well as the rights of bare ownership and usufruct, and requires a visit from a technician who carries out the necessary checks on the condition and characteristics of the property and specific documentation (registry and cadastral). In addition, the procedures for bare ownership must be carried out before a notary and registered in the property registry.<\/p>\r\n\r\n\r\n\r\n<div class=\"row\">\r\n<div class=\"col-md-6 offset-md-3\"><button id=\"toggle-right4\" class=\"btn btn-default3\">I WANT ADVICE<\/button><\/div>\r\n<\/div>\r\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>The concept of bare ownership is emerging as an alternative to the traditional sale of a property, allowing the owner to obtain liquidity and retain lifetime use of the property, while giving the buyer the opportunity to acquire a home on advantageous terms. <\/p>","protected":false},"author":1,"featured_media":72907,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,52],"tags":[98],"class_list":["post-72906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-particulares","category-valoracion","tag-compra-de-viviendas"],"acf":[],"_links":{"self":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/72906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/comments?post=72906"}],"version-history":[{"count":2,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/72906\/revisions"}],"predecessor-version":[{"id":194261,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/72906\/revisions\/194261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media\/72907"}],"wp:attachment":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media?parent=72906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/categories?post=72906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/tags?post=72906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}