This heritage strategy progresses on the French market

The bare ownership sale makes it possible to sell the property of a property while retaining the usufruct, offering the seller an immediate capital and the buyer an important discount on the purchase price. For example, (Photo credit: Getty Images)

Bare ownership is often associated with a long-term investment. However, she can also resell. Furthermore, This discreet market is progressing regularly. For example, It evolves against the tide of classic real estate. Consequently, Bare ownership offers attractive tax advantages. Similarly, This technical this heritage strategy progresses french universe attracts more and more informed investors. Similarly,

Summary:

• What is the interest of bare ownership sales? Additionally, Similarly,
• Bare ownership sales requires rigorous evaluation
• This advantage of bare ownership. Consequently, is non-negligible for families
• Bare ownership sales implies attractive taxation
• The sale of bare ownership raises points of vigilance

What is the interest of bare ownership sales? Moreover,

The bare ownership is to sell the property of a property without giving up the usufruct. Consequently, Indeed. For example, the usufruct is kept by the seller or given to a third party for a fixed period, in exchange for an immediate sum of money. Consequently, One of the main advantages for the buyer lies in the large discount of this heritage strategy progresses french the purchase price of the property. Therefore, It can hope for a discount between 30%. For example, 40% of the price in full ownership, depending on the duration of the dismemberment. Therefore, This explains the great success of the bare ownership market and its close cousin, the life annuity. Its growth was 5% in 2024, with the consequence of 1.1 billion euros in additional purchasing power redistributed to French retirees.

For the seller, bare ownership selling has a powerful interest. It helps keep the use of your accommodation. also offers, at the same time:

• Immediate capital, without life annuity,
• The possibility of anticipating the transmission of its heritage while remaining at home.

Bare ownership sales requires rigorous evaluation

Do you want to sell a bare ownership? The first key step is to find a buyer interested in this heritage strategy progresses french this type of investment. Good news, this market is attracting more and more players. These are individuals in search of long -term real estate investment or institutional investors, such as investment funds.

Specialized platforms, such as Inter Invest, Renée Costes or NuePro Immo, offer online tools. They simulate the value of bare ownership according to the age of the usufructuary. the location of the property or the state of the market. They also facilitate the connection between sellers and buyers.

Even if the market is gaining visibility, it is still quite technical. Dismemberment, taxation, rights of each party: the rules are precise and sometimes difficult to decipher alone. To avoid errors and unpleasant surprises, surround yourself with a professional: notary, specialized lawyer or wealth management advisor. Their expertise makes it possible to move forward serenely and to secure your sale in the best conditions.

this heritage strategy progresses french This advantage of bare ownership is non-negligible for families

According to an René Costes study of 2024. 22% of sellers in bare ownership (and life-annually) make this choice because they wish to make donations. The possibility of having a rapid capital back to school allows the seller (usufructuary) to facilitate its transmission. He then made family donations, applying abatements. In addition, only the value of bare ownership is taken into account for the base of inheritance tax. This therefore considerably reduces transmission costs.

Bare ownership sales implies attractive taxation

The first good news for the seller of bare ownership concerns taxes to be paid (notary fees. state taxes and local communities). They are indeed assumed by the buyer. The perceived capital is also fully taxed, because the sale is considered that of a main residence.

Then. the sale has other tax advantages: this heritage strategy progresses french

• Reduction of real estate wealth tax (IFI): the value of the usufruct is lower than that of full ownership (article 669 of the CGI). This allows the seller to reduce his taxable plate to the IFI.
• Decrease in inheritance tax: In the event of a donation of bare ownership, inheritance tax can be reduced because the taxable value is reduced.

The sale of bare ownership raises points of vigilance

Once the transaction is finalized. certain precautions remain essential when you are a seller, to avoid misunderstandings or subsequent disputes with the buyer.

In principle. the usufructuary takes care of the daily use of the property: energy bills, common co -ownership charges, regular maintenance and small work. For its part, the bare owner assumes major repairs (roof, structure, restoration, etc.), defined by article 606 of the Civil Code. this heritage strategy progresses french

A disagreement with the usufructuary (retaining the enjoyment of the property) can occur when the distribution of. expenses is not clearly established. It is therefore essential that the act of sale unambiguously specifies the obligations of each party. Sometimes the two parts agree to adjust this distribution. These modalities must be inscribed in the notarial deed.

Certain tax exemption devices. such as those linked to the Malraux law or historic monuments, may include conservation or duration commitments, often making the resale more complex. Faced with these issues, do not hesitate to be accompanied. A professional can guide you in the legal and fiscal analysis of the operation. He can also ensure the proper writing of the deed of sale. The sale of bare ownership requires a personalized approach to guarantee a clear distribution of rights. duties, and to rule out any risk of future conflict.

this heritage strategy progresses french