01
Full ownership
Complete title: right of use, enjoyment and disposal of the property.
Bare ownership · Lifetime usufruct
Bare ownership sale.Your home, always yours to live in.
Sell the bare ownership and retain the usufruct: release capital without having to move. Expert guidance in Madrid, Mallorca and Valencia, with legal review by Sky Law whenever required.
No need to moveYou retain the usufruct of your home
3 optionsLump sum, lifetime annuity or fixed term
Sky LawIn-house law firm for the title deed
A clear concept
What is bare ownership
Full ownership can be divided: you sell the bare title and retain the right of use. The buyer waits until the usufruct ends to consolidate full ownership.
You continue living in your home
You retain the usufruct: right of use and enjoyment for the duration of the agreement.
Equity release without moving
You receive payment for the bare ownership and decide how to use the capital.
Completion with legal backing
Notarised deed and review by Sky Law whenever required.
02
Bare ownership
You are the legal owner, but the right of use and enjoyment belongs to the usufructuary until the usufruct expires.
03
Usufruct
The right to live in the home (and, depending on the case, rent it out). It can be for life or a fixed term.
Why consider bare ownership
A solution designed to release capital without giving up the comfort and security of your home.
Release capital without leaving home
Access capital to enhance your quality of life, cover expenses or fund retirement, while continuing to live in your home.
No obligation to move
You retain the usufruct: the right to use and enjoy the property for the duration of that right (usually for life).
Clear legal framework
Bare ownership and usufruct are documented in the title deed. Sky Law reviews clauses and notary proceedings whenever required.
Transparency at every step
From valuation to signing, we clearly explain amounts, timelines and tax implications.
Three ways to structure the sale
We select the structure based on your capital requirements and the profile of the transaction.
Lump sum on completion
Sell the bare ownership while retaining lifetime usufruct. Receive the lump sum upon signing the title deed.
Enquire about this optionLifetime annuity
Sell the bare ownership and receive a guaranteed monthly income for life, as agreed in the deed.
Enquire about this optionFixed-term annuity
Sell the bare ownership and receive monthly payments over a fixed period agreed for the transaction.
Enquire about this optionHow we manage it
From initial contact to completion at the notary, with clear guidance at every stage.
- 01
Consultation and profiling
We assess your circumstances, the property and whether bare ownership is suitable (age, location and goals).
- 02
Valuation and structure
We estimate values for bare ownership and usufruct, comparing lump sum, lifetime annuity or fixed-term options.
- 03
Buyers and investors
We reach out to our network of buyers and investors interested in this format, with transparent usufruct details.
- 04
Title deed and completion
Documentation, legal review with Sky Law where appropriate, and signing at the notary with full support.
Indicative tax valuation
Bare ownership is calculated by subtracting the usufruct value from the total property value. Legal rules depend on whether the usufruct is fixed-term or for life.
Fixed-term usufruct
Under Spanish regulations, it is typically valued at around 2% of the property value for each remaining year, up to a maximum of 70% of the total value.
Lifetime usufruct
The value of the usufruct is calculated using percentage scales linked to the beneficiary's age (usually up to a maximum of 70% and a minimum of 10%). Bare ownership is the total property value minus the usufruct.
General guidance under Spanish regulations. We apply precise calculations to your specific valuation.
Sky Law
Title deeds handled by our in-house law firm
We are one of the few real estate agencies with an in-house law firm. Sky Law, awarded three years running (2023, 2024 and 2025) in Real Estate Law: clauses, deposit agreements and notary completion managed by our group's own solicitors.
- Review of clauses and usufruct terms
- Full accompaniment through to completion at the notary
- Full tax and documentation transparency
Reseñas
Families who trusted Sky Real Estate
Genuine reviews from group clients. The same high standards applied to every bare ownership transaction.
Es la segunda vez que utilizo sus servicios, y en ambas ocasiones fueron super eficientes. Saben hacer muy bien su trabajo, y es un descanso poder contar con ellos.
Muy satisfechos y encantados con el servicio prestado. Nos han llevado a cabo la descalificación de la vivienda . Buenos profesionales.
Detrás de la venta del piso... ha habido un equipo increíble de profesionales... les doy las gracias por la labor q han hecho, con toda profesionalidad y cercanía. Gracias a todos
Resources
FAQs and guides for this service
Published Sky Real Estate content linked to this service to answer questions before you get in touch.
Frequently asked questions
Articles and guides
- Looking for the Best Estate Agency to Sell My HouseThe best estate agency to sell my house. With Sky Real Estate, achieve a fast and secure sale, with experts ensuring the best price for your property.
- Qué es la nuda propiedad y cómo funciona (para mayores de 65)Nuda propiedad y usufructo explicados con claridad: liquidez sin dejar de vivir en casa, y qué negociar antes de firmar.
- Nuda propiedad vs venta con alquiler garantizado: diferenciasComparativa entre vender la nuda propiedad y la venta con alquiler garantizado según liquidez, residencia y perfil.
- Cómo se calcula el precio de la nuda propiedad de una viviendaQué variables influyen en el valor de la nuda propiedad (edad, usufructo, mercado) sin fórmulas inventadas.
- Ventajas e inconvenientes de vender la nuda propiedadLiquidez, residencia y límites: una lectura equilibrada para decidir si la nuda propiedad encaja en tu caso.
Frequently asked questions about bare ownership
Direct answers. Request a valuation for figures tailored to your property.
You sell the title (bare ownership) and retain the usufruct: the right to live in and enjoy the property. The buyer cannot occupy the property while your usufruct is active; upon its termination (for example, upon death in a lifetime usufruct), full ownership is consolidated.
Tell us about your situation. We will guide you with clear figures.
We will advise whether bare ownership is right for you, which option makes the most sense and what the next steps are. No obligation.
- Madrid, Mallorca and Valencia
- Sky Law involved in the title deed whenever required
- Lump sum, lifetime or fixed-term annuity