Sell your Bare Ownership with Grupo Retiro
We offer expert guidance to help you secure the ideal supplementary income for your retirement pension
- Helping seniors since 1996.
- Over 52,000 people have received expert advice on how to make their homes profitable.

What is
Bare Ownership?
In the bare ownership of a property, the owner holds the title to the property but does not have the right of usufruct.
The Sale of Bare Ownership involves a homeowner (typically an elderly person) transferring ownership of their property in exchange for a lump sum payment, while retaining the right to live in the home for as long as they wish. It is at this time that the bare owner gains full ownership of the property.

(*) BUYERS / INVESTORS:
(**) THE ELDERLY PERSON:
Sell your home and continue living in it for life



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Have any questions? We assist you by conducting a personalised study

To be able to sell the bare ownership of your home
- You must be over 65 years old to qualify. (The exemption applies to the monthly rental income from the LA)
- You must be the owner of a house.
Contact us to discuss your specific case, there is no obligation to buy.
Advantages and guarantees of opting for Bare Ownership agreement
By selling the bare ownership of your home, you can receive a substantial sum of money to settle outstanding debts or address unexpected expenses, enhancing your quality of life.
Enjoy the benefits of a high income while retaining the right to live in your lifelong home.
You will no longer have to pay property tax (Impuesto sobre Bienes Inmuebles, or IBI), extraordinary fees or home insurance.
The seller (typically the elderly person) is only responsible for shared building maintenance fees, utility bills (electricity, water, gas, etc.), and the municipal waste/rubbish tax (if charged by their City Council).
They will also be exempt from all expenses, including notary fees, property registration, management fees, and taxes (except for Municipal Capital Gains Tax), which are covered by the buyer/ investor.
In addition, the cost of the Energy Efficiency Certificate (CEE) will be covered by GRUPO RETIRO.
If, over time, you no longer wish to retain the right to use the property, you have the option to rent it out or sell the usufruct rights to the bare owner.
If the transaction involves your primary residence, you will be fully exempt from IRPF (Personal Income Tax) on any potential capital gain.
The sale of bare ownership is formalised before a notary through a public deed, which is then recorded in the Property Registry. You will remain listed as the holder of 100% of the usufruct rights to your home. This right of usufruct will only expire upon the passing of the last designated beneficiary (applicable in cases involving spouses, siblings, etc.).
Rest assured knowing that you will receive THE expert advice and ongoing support of Grupo Retiro, a pioneering leader in Spain since 1996, specialising in Real Estate Life Annuities for senior citizens.
GRUPO RETIRO will offer professional, comprehensive, and ongoing advice and support for senior citizens throughout the entire process—either until the death of the last usufructuary or, if preferred, until they choose to sell their usufruct rights to the bare owner.
Grupo Retiro, the ideal solution for your needs
Grupo Retiro is the ideal solution for your needs. Our team of experts in various fields—law, real estate, economics, and more—will work closely with you to provide the best and most beneficial solutions with your interests in mind.
Our expert team will carefully evaluate your unique situation to determine which of our specialised real estate services—Sale with Guaranteed Rent, Sale of Bare Ownership, Reverse Mortgage, or Real Estate Life Annuities—will best meet your needs and maximise your financial benefits, helping you secure the optimal solution to complement to your retirement pension.
Real Estate Life Annuity
- Get the most money out of your home. Receive a monthly income for life whilst continuing to enjoy and live in your own home. In addition, you’ll be exempt from paying certain property expenses and taxes.
Sale with Guaranteed Rent
- Sell your home and be its tenant. This will allow you to capitalise on the money obtained from the sale, without leaving your home.
Reverse Mortgage
- Special mortgage for people over 65 years of age. You will receive a fixed monthly income without having to owe any money to the bank.
- The debt is repaid to the bank upon the death of the holder.
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