07 February 2018   |   by Sitgeshosues      

Rent with option to buy, an interesting choice

The rent with option to buy is an interesting bet both for owners and for those looking for a house. The advantage it offers to the tenants is that the money they invest in the rent will be subtracted, totally or partially, from the amount of the future sale, and in the case of the owners, it means having the property rented until its sale with the guarantee of the premium for purchase option as insurance.

The rent with option to purchase is a contract composed of two parts, one of rent and a pre-contract of sale, whereby the tenant pays a premium that grants him the right to decide if the purchase-sale contract is concluded after a determined term of time.

It is a type of atypical contract that requires to take into account many factors, it is not expressly regulated in the Civil Code, but it is recognized in the Mortgage Regulation and in the LAU, therefore the contract has to be very clear and the conditions must be very well specified. In Sitgeshouses we will be happy to provide you with all the information regarding the contracts with option to purchase so that your decision is the most appropriate and guarantee the success of the operation for both parties. Do not hesitate to contact us by calling +34 610 111 999 or in our office, at C / Bóvila 1 de Sitges.

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