A roadmap for a financial solution gaining ground among those over 65. Retirement is no longer what it used to be. We live longer, financial needs have changed, and for many, the state pension is insufficient to maintain their standard of living...
When someone reaches 65, it's common for them to start reassessing their financial and asset situation. Many older people own more than one home: their primary residence and a second home for rent, vacations, or other purposes.
A short and direct answer is: not always. Selling a property doesn't automatically mean losing your non-contributory pension, but it can affect it depending on several key factors, especially the amount of money received, how it's used, and your circumstances.
According to the National Institute of Statistics (INE), 89% of people over 65 in Spain own their primary residence. However, many of these people do not live comfortably: the average retirement pension in our country is €1.507 per month, and...
In retirement, many people face the need for additional resources to cover unexpected expenses, renovate their homes, pay for medical treatment, or help family members. Despite receiving a pension, the level of...
During 2023, bare ownership sales in Spain grew by 11% during 2023. According to data from MAS VIDA and the yearbook of the Registrars of Spain, 1.845 operations of this type were formalized during the past year. The sale of bare ownership is...