5 bedrooms detached house, 200 m²

Reggio Emilia, Reggio Emilia (province)

TWO-FAMILY WITH DOUBLE INDEPENDANT ENTRANCES IN BAGNO (RE)
We sell only Bare ownership
The property is now occupied by a 82-year-old usufructuary.

What is "bare ownership" (nuda proprietà) in Italy?
In Italy, bare ownership refers to a legal form of property ownership in which the buyer acquires the title to the property, but not the right to use or live in it until the usufructuary (usually the current occupant) passes away or renounces their rights.
This arrangement is common in Italy and represents a distinctive real estate investment model, particularly appealing to long-term investors.
Key Concepts:
Bare ownership (nuda proprietà): The buyer becomes the legal owner of the property but must wait to take full possession and use.
Usufructuary (usufruttuario): The person (typically elderly) who retains the right to live in or use the property for the remainder of their life (called life usufruct, or usufrutto vitalizio).
Full ownership (piena proprietà): Combines both bare ownership and usufruct — meaning the owner can use, rent, or sell the property without restrictions.
Legal Rights:
The usufructuary cannot sell the property but can reside in it or even rent it out unless otherwise agreed.
The bare owner can sell their interest at any time, and full ownership automatically reverts to them upon the end of the usufruct (usually upon the death of the usufructuary).
Investment Opportunity:
Purchasing bare ownership of a property in Italy offers a significant discount compared to market value — often 30% to 60% less, depending on the age and health condition of the usufructuary.
In this case, the usufructuary is 82 years old, which statistically implies a relatively short-term horizon for acquiring full possession. This makes the opportunity particularly attractive:
You invest at a reduced price.
You gain guaranteed future full ownership.
There are no property maintenance obligations for the buyer during the usufruct period (unless contractually specified).
Ideal for capital appreciation in medium-term and for succession planning (e.g. for children or heirs).

In a quiet and private closed street of Bagno (RE), we offer for sale a spacious semi-detached house with double private entrance, perfect for those who want a versatile housing solution suitable for multiple family needs. The property is spread over three levels and lends itself both as a unique house of large size, and as a house divisible into two separate units, always maintaining a high level of comfort and functionality.

On the ground floor there is access to a comfortable entrance that leads to a practical storage room and a hallway which develops the living room with kitchenette, a second storage room, a bedroom and a bathroom.

The second private entrance, on the other hand, is on the first floor and opens onto a central hallway that harmoniously separates the different rooms: there is a living room with kitchenette, a bathroom with window complete with all facilities, a utility room and a large bedroom with direct access to the balcony, ideal for enjoying moments of relaxation outdoors.

Going up to the second floor, a hallway leads to two spacious attics and another corridor leading to a third attic room, a utility room and a laundry room. However, the current owner has managed to make the most of the space with intelligence and taste, turning the first floor into a truly cozy and functional living area, with an entrance that opens into a large and bright living room with direct access to the balcony, a very spacious eat-in kitchen, a bathroom and a practical storage room. On the second level, the three attic rooms were used as bedrooms, while the laundry room has been converted into a large bathroom with tub and finished with care.

To complete the property there is a common courtyard area and a single garage of property, which adds further comfort to daily life. This solution is ideal for large families, for those looking for the possibility to welcome parents or children in separate but close spaces, or for those who want to carry out a professional study in their home.