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 city view 426 537 $

Spain,Alicante

2 Bedrooms

2 Bathrooms

100 м²

Sale townhouse in Estepona 415 199 $

Spain,Estepona

3 Bedrooms

2 Bathrooms

157 м²

Sale townhouse in Costa del Sol 970 778 $

Spain,Costa del Sol

2 Bedrooms

2 Bathrooms

295 м²

Sale chalets/cottages in Santa Cruz de Tenerife 831 479 $

Spain,Santa Cruz de Tenerife

5 Bedrooms

3 Bathrooms

280 м²

Sale hotels in Santa Cruz de Tenerife 970 778 $

Spain,Santa Cruz de Tenerife

11 Bedrooms

7 Bathrooms

550 м²

Rent flat in Barcelona 2 138 $

Spain,Barcelona

2 Bedrooms

1 Bathroom

55 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.