1. Sell the full ownership of the property
2. Become a tenant
3. Continue to enjoy living in the house for life
Advantages of the Sale and Leaseback
With the Guaranteed Rent, the seller can enjoy a stress free retirement and will receive an injection of liquid cash which will allow freedom from financial burden and enable a more comfortable lifestyle.
Once the transaction has been completed, the seller will only have to pay the Municipal Capital Gains Tax. The other remaining expenses (notary’s office, Land Registry, Transfer Tax and Stamp Duty) will be assumed by the buyer.
The Sale and Leaseback is an operation that has all the legal guarantees, as both the sale and lease contracts are completed before a Public Notary and registered with the Land Registry.
EXPENSES OF THE PROPERTY
The tenant will no longer assume expenses for the maintenance of the property, such as the ordinary community fees, the Real Estate Tax, the extraordinary payments and the building insurance for the property.
EXCELLENT TAX TREATMENT
If the transaction is carried out on a property declared as a habitual residence, the seller is exempt from paying taxes for the increase of wealth in the IRPF.
Frequently Asked Questions
¿Cuántas personas pueden contratar el producto para la misma casa?
Una o dos personas, siempre que éstas sean las propietarias de la casa.
¿Cuándo recibes el importe de la venta?
En el momento de formalizar el producto ante el notario.
¿Qué porcentaje del valor de la casa recibes?
Este asciende aproximadamente al 80% del valor del mercado de la casa. No obstante, este dependerá de la fecha de nacimiento del propietario más joven.
¿El alquiler a pagar es constante durante la duración del contrato?
Sí, aunque este se actualiza anualmente al IPC.
What conditions will I receive for my home?
If you are interested in sale and leaseback, we need you to send us the following information to our email address firstname.lastname@example.org:
- Personal information of the interested party (copy of NIF, NIE or Passport).
- Documentation of the house (exact address of the property and the last receipt of the Real Estate Tax).
- Contact telephone number.