Buy a house for 60,000 euros: five affordable restricted properties in Spain.

Access to housing has become a major problem for many Spaniards. Prices are steadily rising and fewer and fewer citizens can afford to buy property.

Naked ownership represents one of the frequently used alternatives in this context. This right, regulated and dealt with by Spanish law, allows the acquirer to become the owner of a home but does not give the right to use it.

Bare property

Naked ownership is a right that people have to real estate that they own but cannot access because a third party owns it. This person, called the user, can remain in the dwelling until their death. At that''moment all rights pass into the hands of the buyer, who becomes the full owner of the home. Many people, in a growing real estate market, are opting to buy cheap bare ownership properties instead of looking for a new home for a much less favorable fee.

The main benefits of
The main advantages, apart from the price, which is usually 40-60% lower, lie in the financial benefits. Buyers will be able to take advantage of a number of benefits, such as exemption from transfer of ownership tax (ITP) when it comes to permanent residency. They can also deduct personal income tax (PIT) and get rid of expenses related to estate tax (IBI). The value of the property can also increase with''over time, and the new owner will not have to pay user compensation.
Caixabank Research
Caixabank Research has raised its forecasts for real estate prices in Spain for this year.
Real Estate Idealista
Real Estate Idealista has published some of the most attractive offers with the most affordable naked properties on the Spanish market.

Sale flat in Alicante with sea view 310 994 $

Spain,Alicante

2 Bedrooms

2 Bathrooms

98 м²

Sale flat in Alicante with city view 373 625 $

Spain,Alicante

2 Bedrooms

2 Bathrooms

105 м²

Sale flat in Costa Blanca 129 581 $

Spain,Costa Blanca

1 Bedroom

1 Bathroom

61 м²

Sale house in Langreo 35 634 $

Spain,Langreo

1 Bedroom

1 Bathroom

40 м²

Sale cottage in Alicante with park view 331 511 $

Spain,Alicante

3 Bedrooms

2 Bathrooms

110 м²

Sale villa in Benidorm with park view 772 087 $

Spain,Benidorm

3 Bedrooms

3 Bathrooms

261 м²

First, the website features a 134 square meter apartment near the center of Barcelona. This property is located in Sant Andreu and sells for 60,000 euros. It has two rooms, a kitchen, a living room and a bathroom. In Tarragona, specifically in El Vendrel, there is a similar property for 68,700 euros. In this case, the property, located on the fourth floor,''payments until she acquires all rights to the property.

Finally, Idealista moves to the Balearic Islands, where this private homeownership on bare property is located. This property of 182 square meters is located in the municipality of Llucmajor (Mallorca), a few kilometers from Palma. The price of this property is 175,000 euros and it has a living room, kitchen, three bedrooms, three bathrooms and a terrace. The cost of insurance will be split 50% between the seller and the buyer and the remaining utilities will be paid by the user.