Live with peace of mind, without giving up your home.
Reverse Housing
Do you want to know more?
Tel: + (34) 952 85 1613 Email: andalucia@aunmasvida.es
IMMEDIATE LIQUIDITY
You receive a considerable amount for your property, but you continue to live in it with all the guarantees.
TRANQUILITY AND STABILITY
You keep your lifestyle, your environment, your neighbors and the routine that makes you feel comfortable.
Reverse Housing in Malaga
Live with peace of mind, without giving up your home.
Reverse housing is a method of monetization of a property that allows owners over 65 years of age to obtain an economic amount in exchange for ceding ownership of their home, maintaining the right of use and enjoyment of the property for life or for a determined period. It is the sale of the full ownership of the property and the simultaneous signing of a lease for life, which guarantees you to stay in your home for life, with the flexibility to leave it prematurely without any penalty.
It is an innovative and legal alternative, with the security of a notarized signature and total transparency, designed for those who wish to improve their financial situation without leaving their home.
Under this model, the seller receives the agreed amount at the time of sale and is retained the amount necessary to pay the rent for an estimated period of life. If the owner abandons the property earlier, the unconsumed retained amount is given to him or to his heirs in the event of death. If you survive the estimated period of life, from that moment on you will not pay rent, only utilities and community expenses.
Instead of selling a house and moving, reverse housing allows you to continue living in it, ensuring stability and quality of life while obtaining immediate liquidity. This formula is becoming increasingly widespread in Spain among seniors who value their home as an emotionally meaningful place, but need to make their real estate assets profitable.
WE ARE OFFICIAL ADVISORS OF EVEN MORE LIFE
Do you want to contact City Malaga?
Send us a Whatsapp + (34) 657 566 031
or Call us now at +34 952 85 16 13
Advantages of Reverse Housing
Enjoy your retirement with freedom
Opting for reverse housing offers multiple economic and personal benefits:
Largest Amount
Reverse housing, in general, offers a higher amount than the rest of the services in this market. The sale of the principal residence by persons over 65 years of age is exempt from personal income tax.
Lifetime right of use
You keep your lifestyle, your surroundings, your neighbors and the routine that makes you feel comfortable. You can agree to a lifetime or temporary use, and adapt the operation to your specific needs.
Maximum flexibility
The Vivienda Inversa adapts to your needs, it is the only product that covers the risk of premortem or early abandonment of the property.
Emotional and financial profitability
You preserve your lifestyle, your environment, your neighbors and the routine that makes you feel comfortable. You make your assets profitable without leaving your home, combining economic benefit and emotional well-being.
Legal, secure and notarial process
The entire process is formalized with total legality, transparency and professional support. The valuation of the property is carried out by an independent appraiser approved by the Bank of Spain. The transaction is formalized before a notary and registered in the Land Registry.
HOW MUCH MONEY IS RECEIVED?
with City Malaga Financial Services ?
In City Málaga – Mas Vida we advise you, if you are interested in a Reverse Housing study we need you to send us the following information to our email andalucia@aunmasvida.es:
- 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.
+ (34) 657 566 031 
+ (34) 952 85 1613Contact Us
We will get back to you as soon as possible
Steps to follow to sell the bare property
Financial Peace of Mind for Seniors 65 and Older
Requirements:
- Preferably 65 years of age or older.
- Owning a property
In addition, after the formalization, the beneficial owners have the assistance and support of the Mas Vida team for the duration of the contract, since we act as a direct link in any question or procedure that may arise with the buyer.
The reverse housing process is as follows:
CUSTOMIZED PROPOSAL
We meet with the interested party to learn about their preferences and specific needs. We offer different options for you to choose the one that best suits you.
CONSULTING
We analyze your case and present you several payment proposals. After the real value of your home and we calculate the amount to be received according to your age, location and type of property.
INVESTORS
We are looking for an investor interested in acquiring the house according to the conditions previously agreed in the personalized advice to each client.
FORMALIZATION
The whole operation is legally formalized before a notary, guaranteeing your legal security. The new owner is registered and your usufruct is maintained, with full legal validity.
Options available for seniors over 65 years of age
Enjoy your retirement with freedom
OUR PROPERTY
Receive a lump sum payment in exchange for the sale of the bare property. Sell only the ownership of your home and keep the right to live in it for life.
LIFE ANNUITY
Transform your home into a monthly pension for life, with the option to continue residing in it. Ideal for those looking for a stable income.
REVERSE HOUSING
An alternative formula to access capital without losing the use of your property, with options for future repurchase by your heirs, ideal if you have children.
REVERSE MORTGAGE
Receive a monthly rent or a single capital for your home, without selling it or leaving your home. It is a financial solution guaranteed by law.
GUARANTEED RENT
Sell your house and continue in it as a tenant, with a secure contract and conditions agreed from the beginning. A flexible option with immediate liquidity.
Frequently Asked Questions
The amount to be received results from:
- The purchase value (e.g. 350,000 euros).
- The expected life expectancy (e.g. 10 years), or the period during which you tell us that you want to dispose of the house if it is shorter.
- The value of the lease for such life expectancy (e.g. 120,000 euros at a rate of 1,000 euros per month).
On the day of signing, 230,000 euros would be received, corresponding to the difference between the purchase price (350,000 euros) and the estimated rent (120,000 euros).
If you do not stay in the house for the estimated time, you will be entitled to receive an additional amount corresponding to the portion of the rent not consumed.
You will be immediately credited for that portion of the unconsumed lease.
It is common for life circumstances to vary. Thus, the reverse housing is the most flexible product on the market, since in the event of leaving the house before the estimated term or in the event of death before the scheduled date, you or your heirs will receive the unconsumed portion of the lease.
Following the above example, if after 3 years (36 months) the seller/tenant wishes to leave the property to go and live with a child, he/she would be entitled to receive an additional amount of 84,000 euros, since 36,000 euros would have been consumed, corresponding to 36 monthly payments of 1,000 euros each, out of an estimated total lease of 120,000 euros (120,000 – 36,000 = 84,000).
You will be able to stay in the property as long as you wish, and the only cost you will assume will be the equivalent to the maintenance costs of the property (such as community or utilities).
The reverse tenancy covers both spouses, so that in the event of the death of one of them, the other will continue to occupy the home under the same conditions as the deceased spouse.
It is a completely secure transaction.
The lease is registrable in the Land Registry and renewable at the will of the seller/lessee.
More importantly, the seller/lessee’s performance is assured, as he has implicitly left the lease “paid” on day one,
That is, of the money to be received (following the example of 230,000 euros), you will be able to choose which part of it you want to receive on the first day in the form of capital, and which part in the form of an annuity.
For this purpose, you have the option of taking out a life annuity with survivor’s insurance so that you receive an income for life.
Notwithstanding the foregoing, you are completely free to contract another annuity product.
In Collaboration and Supervised by:
How to contact
City Málaga
You can contact us by Whatsapp at any time. We will attend you in the hours enabled
TELEPHONE
These are our telephone numbers: + (34) 657 566 031 + (34) 952 85 1613
You can send an email to our email info@citymalaga.com