In Spain, bare ownership is becoming one of the most interesting solutions for older adults looking for liquidity, wellbeing and stability — without giving up the home they have always lived in.
In this article we explain clearly what it is, how it works and answer the most frequently asked questions. We also walk you through a practical example to make it easy to understand.
What exactly is bare ownership?
A property has two distinct rights:
- Bare ownership — being the legal owner of the property.
- Lifelong usufruct — the right to use and enjoy the property for the rest of your life.
When someone sells only the bare ownership, they receive a significant payment for the property but retain the right to live in it forever. In other words: you sell the ownership, but you stay in your home.
It is a particularly useful option for people who want to ease their finances, improve their quality of life or strengthen their independence without giving up their home.
Main advantages
✔ You keep living in your home: no moving, no changes to your routine.
✔ You receive a substantial sum of money: in a single payment or monthly instalments, to cover care costs, improve your daily life or support your family.
✔ Stability and peace of mind: the lifelong usufruct legally protects your right to remain in your home.
✔ Complete transparency: the transaction is signed before a notary and is fully regulated.
✔ Flexibility: tailored to your situation, needs and expectations.
