-30% at -50%. It is, on average, the fall in income that awaits you when you take your retirement. Batter at the moment when you finally have time to enjoy life … At the same time, you are sitting on a little unliquid gold heap, namely your main residence. Solutions exist to monetize its value such as sale in life annuity or the sale of bare ownership, but they prevent you from transmit your property to your children. The “conventional” joint possession allows you to sell part of your house, while remaining owner. This mechanism “Is little known in France”recognizes Thibault Corvaisier, founder of the start-up thank you Prosper, who has been trying to develop him in France for less than two years.
Take the example of Mathilde, a 72 -year -old retiree and owner of a house valued at 500,000 euros. She wishes to do 20,000 euros in work there and also ensure an additional income. Other owners may need money for “Refund a credit or finance the departure home departure from a member of the couple”illustrious Thibault Corvaisier. Via a notarial act, Mathilde sells 10% of her property, for 50,000 euros, therefore, to a company land Managed by thank you Prosper and in which savers invest. “In general, owners sell 20% to 30% of their property»»indicates Thibault Corvaisier. In exchange for 10% in Mathilde’s house, La Foncière paid him 20,000 euros immediately, as well as a sum of 250 euros per month for 10 years, the duration of the contract passed with thank you Prosper. Mathilde could very well have perceived the 50,000 euros at once, if she had preferred: “It is the owner who defines the payment terms”explains to Capital Thibault Corvaisier.
Real estate: this unknown tax reduction reduces up to 70 % the tax on your life annuity
Investment in cities of at least 30,000 inhabitants
A dozen years later, on the death of Mathilde, who will have continued to quietly live in her property, if her children wish to keep the house, they will be able to buy the share of the property. If they prefer to sell the property, they will receive the money corresponding to their share, Increased in capital gains. Ditto for the property. Note that the duration of 10 years of the contract with Merci Prosper does not constitute a deadline: if Mathilde had died after 15 years, her children would have bought the share of the property or sold the house after these 15 years. But they would have paid the property a “Occupation allowance” under the additional five years compared to the initial duration of the contract.
Doesn’t that be a problem for buyers to be faced with two sellers, Mathilde’s children on the one hand, the property on the other? “No, says Thibault Corvaisier, a conventional joint ownership is simpler than a estate joint possession”with its share of disagreements between heirs and, therefore, potential blockages! “However, only invests in cities of at least 30,000 inhabitantsin order to be sure to have a sufficient number of buyers for goods to be bought ”adds the manager.
Real estate: Selling bare ownership before the death of the usufructuary is now possible!
A yield of around 4.5%
A property which, because it thus encourages the home support of the elderly, allows its savers-investors to obtain a 25% reduction in their income taxwithin the framework of IR-PME for solidarity land. In parallel, it offers them an annual return of around 4.5%, figure Thibault Corvaisier. In 2024, the million euros collected by La Foncière from investors financed the purchase of real estate shares from a dozen seniors. Thank you Prosper hopes to finance around fifty throughout the year 2025.
