Sell Your Home and Continue Living in It for Life

A Smart Retirement Property Solution in Spain

Retirement should be about enjoying life and not worrying about finances.

If you own a property in Spain, there is a way to unlock the value of your home without having to sell your lifestyle. By selling the bare ownership of your property while retaining a lifetime usufruct, you can receive a substantial amount of money and continue living in your home for the rest of your life.

This increasingly popular property solution allows homeowners to improve their financial freedom while remaining in the place they know and love.

What Is Bare Ownership?

Bare ownership ("Nuda Propiedad" in Spain) is a legal arrangement where you sell the ownership of your property but retain a lifetime usufruct, meaning you keep the legal right to live in, use, or even rent out the property for the rest of your life.

The buyer becomes the legal owner, but they cannot occupy or fully enjoy the property until the lifetime usufruct comes to an end.

This makes bare ownership an attractive option for homeowners looking to release equity while maintaining complete peace of mind.

Why Choose Bare Ownership?

Selling the bare ownership of your property offers several important advantages.

-Unlock the value of your home: Receive a significant amount of capital without taking out a mortgage or equity loan.

-Stay in your home for life: Continue living in your property without paying rent and without changing yourlifestyle.

-Generate additional retirement income: Choose between receiving a lump sum, monthly payments, or a combination of both to supplement your pension.

-Keep your independence: You continue using your home exactly as before while enjoying greater financial flexibility.

-Lower ongoing expenses: Depending on the agreement, certain structural repairs and community costs may become the buyer's responsibility.

-Continue renting the property: If you later decide to move elsewhere, your lifetime usufruct normally allows you to rent the property and receive the rental income yourself.

How Does the Process Work?

The transaction is completed before a Spanish notary and registered in the land registry.

From that moment:

· The buyer becomes the legal owner of the property.

· You retain the lifetime usufruct.

· You continue living in or using the property exactly as before.

· The buyer acquires full ownership only once the lifetime usufruct ends.

This legal structure has existed in Spain for decades and provides security for both parties.

Who Pays the Costs?

The exact distribution depends on the agreement reached, but typically:

Seller (Lifetime Usufructuary)

• Municipal Capital Gains Tax (Plusvalía Municipal), where applicable.
• Capital Gains Tax,  although homeowners over 65 selling their primary residence in Spain may qualify for an exemption.
• Utilities.
• Routine maintenance.
• Property Tax (IBI).
• Contents and liability insurance.

Buyer (Bare Owner)

• Notary costs.
• Property Transfer Tax (ITP).
• Extraordinary building repairs.
• Community extraordinary expenses.
• Building insurance.

Payment Options

Every transaction is tailored to the homeowner's needs. The most common payment structures include:

· Lump Sum: Receive the entire purchase price immediately.

· Lifetime Income: Receive guaranteed monthly payments for the rest of your life.

· Fixed-Term Payments: Receive monthly payments over an agreed period.

Many transactions also combine an upfront payment with a monthly income.

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Is Bare Ownership Right for You?

This solution is particularly suitable if you:

• Are retired or approaching retirement.
• Own your property outright or have a small remaining mortgage.
• Want additional financial security.
• Wish to help your children financially.
• Want to travel or enjoy retirement with greater peace of mind.
• Prefer to stay in your own home rather than move.

How Much Is Your Property Worth?

The amount you can receive depends on several factors, including:

• The current market value of your property.
• Your age.
• Whether you choose a lump sum or monthly payments.
• The characteristics and location of your property.

Every case is different, which is why a personalised valuation is essential.

Get a Free Bare Ownership Valuation

At Comfi Homes, we help homeowners throughout Barcelona and Spain understand whether selling the bare ownership of their property is the right solution.

We provide personalised advice, explain every legal and financial aspect of theprocess, and calculate how much you could receive—completely free and with no obligation.

Thinking about improving your retirement without leaving your home?

Contact us today for your free consultation.

📧 hola@comfihomes.es

📞 +34 699 216 748