Fantastic Paris apartments cheap - the price demands a victim
Fantastic Paris apartments cheap - the price demands a victim
It was shortly after 7 p.m. on a Monday when the staff of the Korian Les Amarantes nursing home in Tours, in the southwest of Paris, found 92-year-old Yvette Brisset lifeless in her bed. Apparently she had swallowed up on a Madeleine cake - one of the famous French mussel cubes with lemon taste.The Madeleinetorte was brought by a man named Alain Jousselin that evening.
A surprising visitor
Jousselin, then 60 years old, was neither a family member nor a friend. He was a former firefighter who bought Yvettes house 25 years ago through a little -known French property model called Viager and has been waiting for his lawyer Abed Benjador CNN since then.
what is viaager?
In a viaager sale, older property owners-often in the 70s, 80s or 90s-sell their real estate at a greatly reduced price, sometimes for half of the market value. In return, you will receive a monthly payment from the buyer. In most cases, they retain the right to live in the property until the end of their life - also known as Viager Occupé. In other cases, the seller has already left the house at the time of the sale, which enables the buyer to move into the property immediately, while the monthly payments will continue to be made - a model that is referred to as Via autom.
real estate with a gambling factor
It is both real estate transactions and roulette. With the real estate ads, the age of the seller is typically displayed in addition to the offer price. The older the seller, the earlier the buyer could potentially take possession of the house.
Life Expectancy and discounts
"In France, a 70-year-old man has a life expectancy of around 16 years, so the discount is often 50%," explained Fréderic Coubronne, who heads a Viager agency in Paris. "Women live about five years longer, so a 75-year-old woman would have the same discount. The discount is even higher for couples because they tend to live together longer."
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