Companies that buy pro-indivisos: best options and opinions

Un Proindivised It is a legal concept relating to the right to property over an asset or right, that is, it means that the good or right belongs together to several people, without being materially divided or corresponding to a physical part of the pro-indivist. It is also known as a condominium, co-ownership or community of property.

The companies that buy these pro-indivisos they are companies that specialize in acquiring the undivided part that a person owns, in this way, they free the pro-indivist from co-ownership and, in turn, from the administrative burdens or conflicts that this situation implies.

El Increase in recent years of conflicts due to inheritances, separations or shared investments, it has meant that these transactions are increasingly common in Spain, so the Proindivisos buying market has grown notably in the last 10 years.

These types of companies have a Habitual processWhat, generally, everyone carries out, and consists of the following phases:

• Contact the company. The individual contacts the company and this rate, as a guideline, is the market value of the property in question and the percentage sold.
• Purchase offer. The company presents an offer to the individual.
• Legal management. If the proposal is accepted, it is legally reviewed and the transaction signed before a notary.
• Subsequent processing. Once the economic transaction with the customer has ended, it is the buying company that makes a decision on how to manage that co-ownership.

How much do companies that buy pro-indivisos pay?

El priced What is paid for the undivided part of the property is usually considerably lower than the real proportional value which would correspond to the property if it were without any charge or conflict.

Consequently, it depends a lot on several factors, which are:

• Location of the property.
• Percentage of the indivisible.
• Number of co-owners.
• Square meters.
• Physical condition of the property.
• Space distribution.
• Additional benefits.
• Associated expenses.
• Registry charges.
• Degree of conflict.

El Usual range where this data moves ranges from 20% to 40%. In some cases, it can be as high as 50% if conditions are right.

Best companies that buy pro-indivisos

They exist Three great guys of companies that buy pro-indivisos, which are:

• Companies that invest in the real estate sector: these are companies whose objective is to acquire these parts of the properties and then sell them in whole or in part and obtain a greater profit.
• Specialized law firms: in some cases, in addition to offering legal advice to customers, they buy on their behalf or act as intermediaries in order to facilitate the process.
• Private investors and equity funds: these are individuals or private investment funds that operate through intermediaries. They do not advertise or have a website through which to know them. They are the ones that focus on the most conflicting operations and seek benefits in the medium and long term.

Opinions about companies that buy pro-indivisos

The opinions regarding these types of companies are of a diverse nature due to their characteristics.

There are opinions positives since they base their way of acting on speed and conflict resolution. Many companies solve problems within 24-48 hours, which in turn provides immediate liquidity for customers. In addition, paperwork is streamlined by specialized firms and removes the client from the negotiation process and carrying out more complex procedures.

There are also opinions Negatives about these companies that focus on deals, which are well below market value. In turn, the pressure on customers to formalize a purchase immediately represents an unfavorable aspect because it generates mistrust.

Is it worth buying a proindiviso?

After all this information, the question arises as to whether or not it is worth buying a proindiviso, and that is that it depends on the situation of each customer.

Among the profits we highlight:

• Avoid potential conflicts in a shared property.
• It provides immediate availability of liquidity.
• Transactions have legal certainty.
• Most of the procedures are carried out by the purchasing companies.

However, there are also a number of handicaps, which are:

• Price well below the real market value.
• Pressure to accelerate the process that may result in unethical practices on the part of buying companies.
• Lack of transparency in some cases in situations of need.

Conclusion:

In short, companies that buy pro-indivisos are a practical and fast solution to sell part of a property in difficult situations, but that they entail a series of risks to consider before making the decision. It is essential to choose a good option that ensures transparency in the process and good legal advice.

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