Financing Feasibility Single-Family Home Purchase

- Is the buyer then also simultaneously the landlord and has to build reserves to maintain the other unit as the landlord, for the freeloading ex-owner?

You are addressing the point that gives me a headache!

Whether the house is still inexpensive at all with lifelong right of residence and leasehold, I now strongly doubt as well.

I also don't think that with the right of residence it is worth what it is worth.

The landlord is 71 years old and the landlord's partner is 61 years old.

And does the lifelong right of residence also apply to the partner then? Why do they want to sell? Do they want to buy a motorhome and jet through Europe? What do they get from the sale? Everything! You have the obligations…

The apartment where we live is 110 sqm with a 150 sqm garden. Unfortunately, we completely renovated before we moved into the apartment. This cost us 8,000 euros from our savings. The leasehold is designed for a term of another 60 years.

What happens if he sells it to someone else? You would have protection of tenancy. So, I assume that someone with the lifelong right of residence will not find many interested buyers!

So, I assume that someone with a lifelong right of residence will not find many interested buyers!

I see it the same way. A potential landlord won't buy a house with a right of residence. An owner-occupier would first have to issue a termination for personal use against you, but would still have to deal with the heritable building right and a lifelong right of residence.

The owner would like to travel with the money. Why do you think it's a rip-off when the partner, the father, contributes 50,000 euros? After all, he is the one who ends up with the debt if something goes wrong?

That means he participates with 50% and not just with 50K€?

The owner would like to travel with the money. Why do you think it’s a rip-off if the father enters with 50,000 euros from the partner? In the end, he has the debts if something goes wrong?

He would only contribute 1/6 with the 50,000€… but wants 50%, 1/2 of the land register.

I see it the same way. A potential landlord does not buy a house with a right of residence. A personal user would first have to issue a notice of termination for personal use against you, but would still have the issue of the heritable building right and a lifelong right of residence.

Full agreement. A sale to third parties is burdened with so many difficulties that it will only be possible with a significantly reduced price. That would be the opportunity for the OP.