Equity release on Spanish properties


Posted and filed under Bare Ownership.

Equity release

Spanish Solutions offer Equity release on Spanish properties for seniors in Spain.

Many expats are struggling in Spain with the rising costs of living here, currency fluctuations, less spendability of their pensions or investments and in some cases family or medical issues too. 

Bare Ownership or Home reversion plans are now much more common in spain with 2,000 deals completed in 2019. 

With a plan such as this, an owner can sell their home in exchange for a tax efficient cash lump sum or a regular income. They reserve the right to stay there-  in their own home – rent free for life – for as long as they choose.  

When the client passes away or they enter long-term care in Spain, the house will be sold, and the investor will take their share of the proceeds.

The plan puts cash in our clients pockets right now. 

Cons of a Spanish Equity Release plan

  • It is not for everyone. 
  • These plans offer bad value if the client suddenly dies, shortly after taking one out.
  • The value of the inheritance clients leave behind is reduced. 
  • It is a delicate legal matter than must be handled by a professional law office. 
  • Spanish home owners will receive significantly less than the market value for their property. 

Pros of a Spanish Equity release plan 

  • A property owner  can take the money as a lump sum, regular payments, or a mixture of both.
  • The client can remain there, rent free for the rest of their lives.
  • Nobody ever needs to know the client has sold their home; there will be no “for sale” sign, no agents, no viewings etc. 
  • Yo can quickly have the cahs, generally within four weeks. 
  • All valuations are carried out by Tinsa. the Spanish national, independent valuation company. 
  • Money is in some cases, tax free. 
  • There are no upfront costs for the property seller. 
  • Spanish solutions are there to protect our sellers right through the process. 
  • No credit check or remortgage required. You cannot end up with negative equity and your heirs will never receive a bill, as can happen with Lifetime mortgage. 

If you think Equity release on your Spanish home is something that may interest you, please email Nicola in Spanish Solutions:

enquiries@spanishsolutions.net or check out our dedicated website, www.SpanishEquityRelease.Solutions.


  • mike butcher

    Dear Nicola – my wife and I have owned our Finca in Pollensa, Mallorca for 20 years and it is currently valued for retail sale a €495,000 – I am 75 and my wife is 73 years old so would be interested to hear what sum we could attract if we had a Bare ownership deal whereby the property would revert to the buyer after we both died. Our plan was to sell here and buy a cheaper property in Almeria but as we have lived here for many years we would prefer to stay put in the home we love in Mallorca.

    • Nicola Ryan

      Good Morning Mike,

      Thank you for your enquiry.

      We understand, we will contact you directly and forward further details of Bare Ownership to you. We look forward to speaking with you.

      Kind regards.

  • mike butcher

    Nicloa – a further small query please – my wife and I have been Spanish Residents for many years and are both in possession of the unwieldy A4 size Residency Certificates but my understanding is that we can now exchange these for small pocket size cards which would be far better but I cannot find how to obtain this new card so please advise. We live in Pollensa, Mallorca,

    • Nicola Ryan

      Good Morning Mike,

      This is a common question.

      The green residencia card took place of the green residencia certificate but they are both the same, only in different forms. To change to the card you would have to apply for the residencia again, there is not an option to exchange them, we are sorry. There is talk of Brits having to apply for their residencias again in order to be given a different type of residencia card but again, this has not been confirmed by the Foreign Office as yet. We would recommend waiting until this has been rolled out. We hope this helps.

      Kind regards

Leave a Reply

Your email address will not be published. Required fields are marked *




Looking for a solution?

Feel free to get in touch with any enquiries and one of our friendly members of staff will get back to you as soon as possible.

Form loading.