Elders sell their flat to buyers at a discount that decreases with age. By selling Nuda, on average elders get up to two times more money than with a reverse mortgage.
Elders keep living home for the rest of their lives with full legal guarantees. They are full owners of usufruct for life as shown in the public registry, and can't be evicted.
After the elders' passing, buyers gain full rights to the property, and are able to sell, or rent. The economic cycle is complete.
Examples of Nuda properties currently available. More below.
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