You may have heard about a new formula for selling a house and getting extra money in recent years. It is an option designed for seniors. It is called naked property and is a formula that allows owners to sell a home, receive money in return and continue to reside in it for life.
This is also advantageous for buyers since this allows them to acquire a property below the market price. In recent months, the percentage of owners who have opted for naked property has experienced unprecedented growth in Spain. According to data from the Real Estate Experts Network and the Real Estate Training Institute (IFEM), in 2017 the number of naked property operations increased by 150%, but in the first quarter of 2018, the increase was up to 300%, It indicates that more and more people are choosing to join this formula....continue reading "Do you know what naked property is in Spain?"