What is a partial sale?
A partial sale of your property is a way of reaping the benefits of home ownership in later life. Unlike a real estate annuity, as a partial seller you remain the owner with all the respective rights and obligations. You merely acquire a silent partner and, of course, the payment of the proceeds from the portion of the property you have sold.
Partial sale of real estate as a fair alternative to classic annuity models
In a partial sale of your real estate, you do not sell your entire property, but only a percentage of the property to a trusted partial sale provider. The provider will then sell up to 50% of your property at the fair market value of the part ownership, with no discounts, in return for an immediate payment. The market value is determined on the basis of an independent evaluation by an independent real estate expert. As a customer, you receive a lifelong right of usufruct to the share of the property you have sold, which is entered in the land registry. The right of usufruct places you in a much stronger position than the right of residence, because you can also rent out your property for example.
The right of usufruct also entitles you to continue to live in the property until the end of the real estate partnership. You pay a monthly usage fee to your partial sale partner for the usufruct of the sold share, which is similar to a rental payment.
At the end of the real estate partnership, the partial sale provider sells the entire property as your professional partner with real estate expertise.