Property Description ID:38514613
NUDE PROPERTY In a sunny and quiet area, with a view of the sea, detached house with 1800 meters of land. Arranged on one level with large living area consisting of double living room and kitchen. The two generously sized bedrooms are bright; one has a walk-in closet. There are two bathrooms, one serves the sleeping area and the other the living area. The terrace, partly covered, has a built-in barbecue area. The property includes a 24 sqm garage. WHAT DOES IT MEAN SELLING ONLY THE BARE PROPERTIES OF A PROPERTY a€;¢ It means selling your own home, retaining for itself the right of usufruct (an operation to be taken into consideration for people already of a certain age). a€;¢ This real right of enjoyment can be contracted (at the time of the sale of the house) either for a fixed time or even for the entire life of the usufructuary. a€;¢ Who sells collects the agreed fee, which can be useful for the continuation of his life, but he must not leave the building, he can continue to live in it, or even, if he decides to go and live elsewhere (from a child or an institution care), can rent it and collect the related fee. a€;¢ The purchaser spends less (the consideration will be established according to the age of the seller / usufructuary), but will come into possession of the asset only when the usufruct ceases (normally with the death of the usufructuary). Consequently it is a random contract, that is with a risk component: first the usufruct will cease, and the investment will have been better. WHAT ARE THE DUTIES OF THE USER FRUITS a€;¢ The usufructuary can enjoy its good in a broad way, but it cannot change its economic destination. a€;¢ Administrative and routine maintenance costs are borne, as well as extraordinary repairs if these depend on routine maintenance failure. It must however correspond to the bare owner the interest on the sums spent for extraordinary repairs. The above, with regard to the allocation of expenses, also applies to condominium, ordinary or extraordinary expenses. a€;¢ He must pay all taxes on the property, as long as his right lasts. a€;¢ It is also possible to assign your right of usufruct, but within the limits of the duration of the usufruct. WHAT CAN BE DONE AND WHAT THE OWNER CAN DO a€;¢ The naked owner is entitled, as seen, to repairs and extraordinary expenses related to the property. a€;¢ He may sell the bare acquired property to third parties at any time, except for the usufruct of the original owner.
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