A life annuity is a contract under which the owner (the creditor) sells a property to a purchaser (the debtor), in return for payment of a price converted into an initial capital sum, known as the Bouquet, with the balance being paid in the form of tax-free life annuities.
Selling a life annuity is the solution chosen by many senior citizens in order to receive a large sum of capital as well as an index-linked monthly annuity, net of tax.
Settle your estate by allowing a spouse who is not an owner to benefit from an annuity
Help your heirs financially (e.g. by donating the bouquet)
Longer life expectancy as a corollary of the “Papy Boom” era, and therefore an increase in the number of pensioners.
The financial crisis and the euro, combined with a certain mistrust of banks.
Frequently asked "viager" questions
Secure a regular, index-linked, tax-free income supplement through a lump-sum payment and an annuity that act as a second pension.
Savings on co-ownership charges, withholding tax and rental management, depending on the type of life annuity offered.
You can stay in your property until you die, in a neighbourhood that you know and love, close to all the amenities.
Settle your estate during your lifetime and make the most of your retirement.
An interesting solution for continuing to keep the usufruct of your property, until your death, for yourself and/or your spouse! This is the most common type of life annuity.
For those who do not or no longer live in the property and wish to avoid the hassle of rental management.
Sale with or without reservation of usufruct
Duration of the annuity
Summary report with costed project, submitted to the client and their notary
Proposed sales contract
Advertising launched on the partner's website
A file is sent to our database of prospective buyers
Organisation of on-site visits and collection of offers
Analysis of creditworthiness
Preparation of the sales agreement by the agency or by the surveyor, depending on local customs
Compromise signed at the agency or notary's office
Assistance with signing the deeds