Real Estate annuity
You’ve been saving for a long time for your own property and spent a lot of time, effort and money on it over the years to live comfortably until your old age.
But now, retired, you realise that the pension is not enough to guarantee you a carefree life.
- You may have to spend more on your health and care than you had planned or expensive renovations need to be done
- You may not be able to afford the necessary, elderly-friendly conversion or old debts still need to be payed off
- You may also simply want to support your family or finally go on the great journey you’ve been dreaming about for a long time.
By selling your house or apartment you could use the assets tied up in your property.
However moving out of your familiar environment is out of the question for you, especially as the rental prices are rising steadily and senior housing is rare.
You want lifelong, secure housing rights at home and more financial flexibility in the form of a supplementary pension?
Real estate annuity can fulfil this wish!
With the real estate life annuity you sell your property and receive instead of the purchase price a monthly pension payment until the end of your life as well as a lifelong, rent-free right of residence.
What are your advantages?
- No maintenance costs anymore
- Pensions and housing rights are secured in the land register and therefore absolutely safe
- On request, a combination of a monthly pension payment and a one-time payment is possible
- Usufruct right: The right to the rental income if you prefer to rent the property at some future date instead of using it yourself
What are the factors for how much monthly pension you would receive?
- Value of the property
- Condition of the property
- Your age and gender (minimum age 70 years)
The real estate life annuity is a transparent, customised solution for seniors’ retirement financing.
Living in the familiar environment, extra income and no more troubles or worries with the maintenance of the property – for more quality of life in old age.
Bellevie Immobilien is a cooperation partner of Germany’s largest real estate annuity provider. We will be happy to provide you with information material or arrange a personal and non-binding consultation with you – by phone, in our office or at your home.