Real Estate Life Annuity

The premise of the real estate annuity is to ensure a complementary pension during retirement by obtaining a monthly income, thanks to the Sale of Bare Ownership of the property.

With this, the usufruct of the home will be preserved and you will be able to receive an additional pension month by month to enjoy retirement with much more financial comfort.

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What is Life Annuity?

The real estate annuity is a service aimed at people over 65 years of age who own a home. The homeowner sells bare ownership of the house in exchange for receiving a monthly annuity and maintains the right to continue using his or her home as long as he or she lives.

This allows the seller to ensure the with an extra monthly income for life, thus improving his purchasing power, which he can use for home improvements or any other expenditure that was previously out of reach.

        real estate annuity what is an explanation

        Modalities of Real Estate Life Annuity

        In all of the options, it is possible to receive an advance of capital (to be agreed).

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        Classic Life Annuity

        A monthly life income is received in exchange for the sale of the bare property of the home, reserving in turn the right of usufruct of it throughout his life.

        This is the most common option.

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        Temporary Life Annuity

        The seller maintains the usufruct for life; however, the monthly payments will be received for a previously determined period of time.

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        Life Annuity Outside the Home

        The seller renounces the right to use the home, but in exchange receives a higher monthly payment than the classic life annuity.

        This option is most suitable for people who may wish to leave the home, to move to a residence for example.

        Calculation of the Amount to Receive

        The economic conditions of the operation are calculated taking into account numerous factors, the most important of which are the market value of the property itself and the life expectancy of the homeowner(s), in accordance with the official tables of the Directorate General of Insurance and the National Institute of Statistics. If you want to know all the related information, you can visit our article in which we explain everything you need to know about real estate annuity.

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          Market value

          It is obtained after carrying out a market study or through an official appraisal.

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          Life or Temporary Usufruct

          If it is for life, the calculations are made based on the life expectancy of the usufructuary's age, according to the National Institute of Statistics.

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          Operation type

          You can choose between receiving a single payment, a monthly income or a combination of these.

          Calculate your Real Estate Life Annuity

          With the Mas Vida calculator you can calculate the approximate pension that corresponds to you.

          To do this, you simply have to select the data related to your house and age and we will show you the result:

            Steps to Follow to Get a Life Annuity

            sell bare property steps to follow


            To carry out this type of operations, only two requirements are needed:

            1. preferably have 60 years or more.

            2. Be owner of a property.

            Formalization process

            1. We meet with the interested party to learn about their preferences and specific needs.

            2. We analyze your case internally and present you with several payment proposals.

            3. We look for an investor interested in purchasing the house according to the previously agreed terms.

            4. The transaction is completed before a Public Notary and registered with the Land Registry.

              Furthermore, after formalization, the usufructuaries have the assistance and the support of Mas Vida team during the duration of the contract, since we act as a direct link in any issue or procedure that may arise with the buyer.

                Advantages of Selling Bare Property

                Free formalization expenses

                The seller will not have to pay any kind of expenses related to the Notary's Office and the Land Registry. All the taxes derived from the operation will be assumed by the buyer, except for the Municipal Capital Gains Tax, which will be assumed by the seller.

                Legal guarantees

                It has all the legal guarantees, as all transactions are formally completed before a public notary and registered with the Land Registry.

                Shared Ownership

                The operation can be completed by two people ( e.g. spouses), as long as they are both the homeowners.

                Forget the IBI and the spills

                The usufructuary will stop paying for ever the receipts of the Real Estate Tax, the Community fees and the building insurance. It will only have to assume the ordinary quotas of the Community, the receipts of the supplies (water, light, etc.) and the Urban waste tax.

                Rental and sale of usufruct

                The usufruct holder has the right to rent the property or sell the usufruct.


                Excellent tax treatment

                If the operation is carried out on a property declared as a habitual residence, the usufruct holder is exempt from paying taxes for the increase of the patrimony in the IRPF.

                We Offer You a Totally Free Study

                We carry out a study and valuation of your property completely free of charge. After closing the operation before a notary, you can use the amount received as you prefer.

                Enjoy financial freedom!

                  Learn about Real Cases of Our Clients

                  Learn about the experiences of those who have transformed their financial lives with Mas Vida. With many years of experience in the sector and hundreds of satisfied clients, you can totally trust us.

                    Virginia P. Hernanz
                    Virginia P. Hernanz
                    I sold my apartment with this real estate agency. I dealt with Carlos, an 11 as a professional and person. Before even confirming that I had decided to work with them. He does not overwhelm like other real estate agents, he did a market study of the area, professional and serene. Everything went so smoothly. And in less than a month I had it reserved and in 2 sold. Thank you Carlos for everything
                    Emilio Vasco
                    Emilio Vasco
                    It was a success to have chosen and counted on this real estate agency A special mention for Raquel for her attention and management, it has undoubtedly been a success
                    Ines Rubio Recio
                    Ines Rubio Recio
                    We have sold an apartment with them and I have to highlight, apart from the professionalism, the closeness, kindness and availability of both Julián and Raquel. It has been very pleasant to work with them, 100% recommended.
                    Maria Reyes Rubio Araujo
                    Maria Reyes Rubio Araujo
                    In July we used your services for the sale of a house and in November we are signing deeds. Excellent professionals. Our deal was with Evdard. Great professional
                    Laura Vazquez
                    Laura Vazquez
                    The treatment by Edvard has been excellent and very professional. In 3 months they have sold the house
                    Francisco Garcia Herreos
                    Francisco Garcia Herreos
                    I have never been in Madrid on vacation
                    Diego Rodriguez GALINDO
                    Diego Rodriguez GALINDO
                    Good afternoon, I live in Barcelona, ​​I have contacted Mas Vida, for a bare property and the treatment has been exquisite, friendly and has come to a good end. Both by Erick Pancho in Madrid and by Edvard Moller in Barcelona.
                    jose rodriguez
                    jose rodriguez
                    Incredible service, they differ a lot compared to others in the sector. 100% recommended
                    Javier Herreros
                    Javier Herreros
                    We made a reverse mortgage for my mother with them and we received an impeccable service: honest, transparent and efficient. They are highly recommended in a sector in which honesty and seriousness are essential.
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                    Operations carried out throughout Spain

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                    Portfolio investors

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                    Increase in operations this year


                    How many people can contract the product for the same house?

                    One or two people, as long as they are the owners of the house.

                    Who acquires the Nuda Property of your house?

                    An investor with extensive experience and a high level of specialization in the Spanish real estate market. At Mas Vida we work with the best professionals in the sector.

                    Are Monthly Rents guaranteed?

                    Yes, through a Resolution Clause that is included in the Public Deed. This establishes that, in the event of non-payment of 2 installments by the investor, you reacquire Full Ownership of your house without having to repay the payments received to date.

                    When do you start receiving Monthly Rents?

                    From the moment you formalize the product before a notary and always within the first 7 business days of each month.

                    Do you need to live in the house in order to receive the Monthly Rent?

                    No, regardless of where you live you will continue to receive the Monthly Income of the Real Estate Life Annuity

                    Can you rent the house after formalizing the product?

                    Yes, this allows you to obtain an additional income in addition to the Life Annuity. At Mas Vida we take care of finding a tenant and managing the rent so you don't have to worry about anything.

                    And if you have to repair the windows of the house or change the fridge… Who bears these expenses?

                    This type of expense continues to be assumed by the user, since the only home maintenance expenses that are transferred to the investor are the Real Estate Tax, extraordinary spills and home insurance.

                    product regulation

                    The Life Annuity is regulated in the Civil Code of Spain in articles 1.802 and 1.808.

                    Full Ownership

                    Full Ownership of a house is made up of 2 rights:

                    • Bare property
                    • Usufruct

                    In Mas Vida we transfer the Right of Bare Ownership of your house, while you continue to maintain the Right to Use and Enjoy it for life.

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                            Ready to take the first step towards a worry-free financial life? Contact us today. Our expert team is here to answer your questions and guide you on the path to a better life.

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