What is real estate retirement?
1 min.
This article was published on May 5, 2022 and may contain outdated information.
The concept of real estate annuitization is becoming increasingly well-known and popular in Germany. In a nutshell, annuitization works as follows: Pensioners sell their home, but retain a lifelong right of residence.
You can have the purchase price paid out either in a one-off payment, in monthly annuity payments or in a combination of both.
Studies show that pensioners have had less and less money at their disposal in recent years. Owning your own property is a good hedge against poverty in old age when state pensions are becoming increasingly scarce. However, very few pensioners want to sell their beloved home and look for a new apartment in order to make ends meet financially.
But what if it is possible to sell and still live within your own four walls? This is exactly where property retirement comes in. It enables senior citizens to enjoy their retirement in their familiar home without financial worries. And for many, it also offers the financial freedom to realize a lifelong dream such as a trip to the Maldives or a dream car.
But before owners decide to retire their property, they often have a thousand questions buzzing around in their heads. Is this really for us? How exactly does it work? How much money will we get in the end and how do I find the right buyer? Our guide attempts to answer precisely these questions.
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SAWALL REAL ESTATE
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