Sell your secondary residence as bare ownership

Receive the capital and continue to collect the rent

By selling the bare ownership of your second home, you keep the usufruct: continue to enjoy vacations in your second home or collect the rent.
Boris Michaud, Director of Azur Real Estate

Provide yourself with regular additional income

A five-step process

An advantageous alternative to classic life annuity

Classic life annuity vs
Bare ownership sale with Azur Real Estate

Boris Michaud, Director of Azur Real Estate.
“We wanted to part with our family home. Despite our good standard of living, there was a lot of maintenance and other charges… in addition to our large apartment in Paris… all this was becoming complicated. It was a heartbreak for our children and grandchildren. Azur was able to convince us to keep our home! We got money and we can even continue to rent it out from time to time and collect the rent!!! But we don’t want to rent it out too often… Our grandchildren take over and come here often!”

Claude and Chantal, Paris and Beaulieu-sur-Mer

“I spent many nights going over all the scenarios in my head… Should I sell? Should I rent our second home? (…) Would I never be able to enjoy it again? Then Boris told us about bare ownership! The communication was easy, and everything went quickly. With the amount I received, I kept my house in Menton and was even able to buy a small additional studio in Nice.”

Françoise, 70 years old

Our clients share their experiences

Jeanine

After the passing of her spouse, Jeanine was worried about being able to cover the regular expenses of her apartment on her own. By selling the bare ownership, she was able to secure funds to live comfortably. She continues to reside in the property as a usufructuary and now has significant funds to meet her needs.

Michel

He enjoys living life to the fullest: golfing, dining out, traveling… But his retirement no longer allows him to maintain the same level of spending as before. By selling the bare ownership of his apartment, he can continue enjoying these activities while still living in his home, thanks to the large sum he received. The icing on the cake is that no one knows he sold the bare ownership of his apartment.

Suzanne

Today, Suzanne has started a new life with André and lives in his home. She chose to sell the bare ownership of her own apartment, which allows her to receive the capital and enjoy life. However, in the event of a separation from André, she can always move back into her own place, as she remains the usufructuary of her apartment.

Bernard

Bernard doesn’t want to leave a property to his children, fearing they might fight over the inheritance. To prevent this, he decided to sell the bare ownership of his house during his lifetime and distribute the funds to his children himself. This decision has brought him peace of mind.

Annie

Her children are struggling to buy their own homes, and Annie wants to help them. To do so, she decided to sell the bare ownership of her apartment, and with the capital she received, she can assist them financially without having to move out of her home.

Roger

Roger has no heirs. He knows that upon his death, his property will go to the state. So, he decided to sell the bare ownership of his house, continue living there, and receive a large sum of money to fully enjoy life.

Answers to your questions

Ask for your free personalized study
× Discutons en direct