Investments in annuities grew by 18.5%

According to data provided by Retirement Group, a pioneer and leader in Spain with more than 15 years of experience in the management of Real Annuities for the Elderly, investments in this area have increased considerably in 2010. In times of crisis like the present such investments are a great alternative to traditional investments (term deposits, stock, debt, mutual funds, etc.).. Investment Group purchased directly for their own societies, those properties for the Elderly that best fit their approaches investors, getting significant returns.

Following the signing of the deed of Notary Annuity by acquiring the bare ownership of housing, investors began to pay a monthly income until the death of the Elderly. The amounts for monthly rents are constant in most operations, thus impacting on the same inflationary effect over time. In addition, annuities are investments that are outside of certain joints in the housing market, since the possible periods of stagnation / reduction of home values ​​are offset by higher other revaluations has traditionally been the case.

The operations were performed on different ages of the Elderly, and from 69 to 84 years, with different characteristics and locations of housing, in particular, in twelve districts of Madrid and four cities near Madrid, with virtually all modalities: annuities, rents temporary income with lump sum payment and capital, as well as a right of usufruct of housing and waiving the right to use and enjoyment thereof by a need to move to nursing homes from the time of recruitment, and monthly rent of 550 € has been to € 4,780.

To perform this operation Investors need to have sufficient liquidity to meet all costs until the end of operations (sales expenses, rent monthly and annual expenses of the property). The duration of the operations will be provided until the death of the annuitant, the average time being between 10 to 15 years. However, investors have the availability of housing prior to the death of the annuitant, if they renounce the use and enjoyment of the house to want / need to move to a house / Senior Center.

Moreover, these investments have a real intrinsic social dimension. Income beneficiaries must pay monthly investors are necessarily the Elderly (aged 65 years), which in many cases, are in a situation of real need: their incomes are low and normally fail to end of the month, the money being urged to move to a residence, are facing debts or to pay a mortgage, want to help their children, among others. With the establishment of an annuity can significantly increase your income (up to 2-3 times their income from Social Security), and thereby improve their quality of life.