\r\n\tIn a partial real estate sale, you sell up to 50 percent of your house or apartment to a commercial provider, receive the purchase price immediately in cash, and continue to live in the entire property thanks to a usufruct right (Nie\u00dfbrauchrecht). Consumer advice centers, BaFin, and Stiftung Warentest view this model critically. \r\n<\/p>\r\n
\r\n\tA partial sale is one of four main types of property pension (Immobilienrente) – alongside life annuity (Leibrente), reverse mortgage (Umkehrhypothek), and sale with usufruct. Always check the alternatives before making a decision, above all a classic bank loan.\r\n<\/p>\r\n\r\n \r\n\t\tIn a partial sale of real estate, you sell a share – usually between 10 and a maximum of 50 percent – to a specialized company, the so-called partial buyer. You receive the proportional market value as a lump-sum payout into your account. At the same time, a usufruct right according to § 1030 BGB<\/a> is registered in the land register in your favor. This means: You may continue to live in or even rent out the entire property, even though you only own a part of it.\r\n\t<\/p>\r\n\t \r\n\t\tIn return, you pay the provider a monthly user fee – a kind of rent for the sold portion that you continue to use. Partial sales are primarily aimed at older homeowners who want to extract capital from their fully paid-off property without moving out. For this reason, the model is often marketed under the umbrella term real estate pension or property monetization, even if you do not receive a monthly pension, but a lump-sum payout.\r\n\t<\/p>\r\n\tWhat is a partial real estate sale?<\/h2>\r\n\t