We are s committed to studying each individual situation with sensitivity and exploring creative solutions. There are  alternatives such as reverse mortgages, bare ownership, or reverse rental, and others that we can explore together.

No. The cooperative will own the entire complex. As a member, you will have the right to lifelong use through a  "right of use". It is similar to renting, but with an initial deposit and no profit motive. You or your heirs will recover your initial contribution and the contributions to the social capital included in the monthly payments.

• Initial deposit: Corresponds to the social capital and is refunded when leaving the project or to the heirs.

• Monthly payment: Covers the use of the home, common areas, and proportional payment of the cooperative's mortgage.

The cost of the project depends on several factors, such as land acquisition and architectural development. To finance it, the following contributions are considered:

Initial contribution to the cooperative's social capital:

Private home:

• €50,000 for a one-bedroom apartment, garage, and storage.

• €60,000 for a two-bedroom apartment, garage, and storage.

Common areas:

• €20,000 per person for the central building and shared areas.

Monthly fees:

• Cover the costs of services, maintenance, operational needs of the cooperative, and mortgage repayment.

The initial contributions will be staggered to facilitate participation, while the monthly fees will be adjusted according to the services offered and the community's decisions.

Estimated monthly expenses cover:

• Community expenses of the cooperative.

• Financing of the project's external debt.

Estimates:

• €600 - €1,000 per member per month, depending on the size of the apartment and occupancy.

These figures are indicative and may vary based on decisions made in the assembly.

The personal care services decided by the cooperative assembly, in addition to personal care, are not included.

• Private housing:

• A one-time payment per housing unit, including garage and storage, regardless of whether one or two people live there.

Common areas:

• The costs of the central building and shared areas are calculated per person.

General cooperative expenses:

• These are distributed equally per person, ensuring transparent and sustainable management.

You must return the home in the same condition in which it was given to you. You will recover your initial contribution and contributions to the social capital, as stipulated in the statutes.

Yes, you will recover your initial contribution and the amortized capital from the mortgage loan.

• By act inter vivos: To another future member of the cooperative who requests to join and meets the requirements to become a member (usually listed on the waiting list).

• By succession causa mortis: The social contribution will be reimbursed to the heirs.

• Estimated initial contribution: Between €50,000 and €60,000, depending on the home, plus €20,000 for the common areas.

• Estimated monthly fee: €600-1,000, including general expenses and financing.

• Recovery of the initial capital:

Unlike a privately owned home, whose value depends on market fluctuations, in Lagungarri your initial investment is refundable. Additionally, this investment grows with the capital contributions made monthly to the cooperative, ensuring that the purchasing power of the invested money is maintained over time.

• Absence of speculation:

While traditional housing is subject to speculative dynamics such as real estate bubbles or economic recessions, Lagungarri eliminates this risk with a cooperative and non-profit model, where value does not depend on external factors.

• Additional benefit:

Lagungarri is not just a financial investment but a commitment to a fulfilling and peaceful lifestyle. In addition to the apartments, it includes services such as:

• Assisted care

• Social activities

• Shared spaces that promote coexistence

In addition to the services and community spaces that encourage interaction, the cooperative also offers significant economic advantages:

• More affordable collective services: By contracting services such as mobile phone, internet, Wi-Fi, cable TV, messaging, and shopping services, members can access significantly lower rates compared to individual contracts, while maintaining the attributes of a personal contract.

• Optimization of basic services: Although savings on expenses such as water and electricity will depend on the technical characteristics of the project (such as the use of energy-efficient systems or shared facilities), the cooperative will seek to implement solutions that reduce costs for the benefit of all members.

Transparent economic structure:

At Lagungarri, economic management is transparent: members have a voice and vote in financial decisions. This ensures that funds are used efficiently and that any profits generated are reinvested in the community, without intermediaries.

Family legacy without burdens:

Instead of inheriting a home with a mortgage or maintenance costs, the heirs of Lagungarri members receive the increased social capital, including the monthly contributions made to the social capital. This avoids administrative and financial complications, ensuring a simple, burden-free legacy.

1. Economic viability: Solid financial planning.

2. Social environment: Respectful and collaborative coexistence.

3. Future projection: Building a desirable and sustainable community.