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What is an annuity? The annuity

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The purchase of a pension is a very special opportunity to acquire a real estate. While the previous owner sold the object to the buyer and not immediately get the full purchase price, but a monthly pension in return. This monthly payment can either in the form of a time pension or a lifelong life annuity, be combined if necessary with a corresponding payment. In addition, receives the previous owner to request a right of abode for the specified duration of the contract and must not leave his familiar environment. Thus, the seller has the security of regular income as well as an accommodation and the buyer Gets the chance, without a real estate to acquire large capital outlay. In other countries such as France or the United States, the retirement of own real estate is already considered common method of pension schemes. In this country, this option has however still huge development potential.

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