Turn Empty Homes in Mallorca into Life, Value and Liquidity with Co‑Ownership
Across Mallorca, thousands of beautiful properties sit unused for most of the year.
For the owner, that means carrying 100% of costs, 100% of responsibility, and only getting a few weeks of personal use.
For the island, it means empty houses, fewer visitors in the off-season, and a missed opportunity for local growth.
Mallorca Homebase has built a model that changes this – for you, for the property, and for the island.
We turn empty square meters into life, value and liquidity through a structured, legally safe and managed co-ownership model.
What We Do
We transform your property into a Homebase Ready property:
Fully upgraded
Fully serviced
Structured as a Spanish S.L. company
Marketed and sold as premium co-ownership shares to international buyers who want to own a part of Mallorca without the hassle.
Our target group:
Homebase Ready properties from €1M to €10M.
This is not for low-value properties. We focus on premium homes with potential for value creation.
Why Owners Choose Mallorca Homebase
You keep the weeks you want (7 to 21 weeks).
You no longer carry 100% of the costs.
We take over the full upgrade, management, legal and sales process.
We create 30–40% more market value by converting a traditional sale into a co-ownership model.
Based on a Clear Example
This example is based on a property that becomes Homebase Ready with a final value of €1M in the new Homebase #X S.L.
In many cases, the value created after our transformation is 30% – 40% higher than the original market value.
Sometimes even more.
Process Section (7 Steps)
Step 1 – Agreement
We agree on a Masterplan with you:
How many weeks you want to keep (7–21 weeks, max 40%)
Scope of upgrades and interior design
Timeline and budget
Financing structure
Step 2 – Creation of Homebase #X S.L.
We create a dedicated Spanish S.L. company that now owns your property.
You receive shares in that company instead of cash.
This structure defers capital gains tax – no tax is triggered now.
You become the majority shareholder (approx. 85% – 90%) of Homebase #X S.L. from day one.
Step 3 – Financing the Transformation
Turning a property into a Homebase Ready asset requires approximately €300,000 in liquidity in addition to the property itself:
Upgrades (20%): €166,667
Furnishings (5%): €41,667
Legal & setup (1%): €8,333
Transfer tax/VAT (10%): €83,333
This example is based on a €1M Homebase Ready property.
The liquidity is financed through:
Early co-owners buying at a small discount
Short-term bridge financing
Tokenized investors
Step 4 – Mallorca Homebase Sweat Equity
Mallorca Homebase receives 7–9 weeks as compensation for managing the full turnkey process:
Upgrades
Legal structure
Project management
Marketing and sales
And the equivalent of a traditional 5% real estate agent commission
Mallorca Homebase does not remain a co-owner.
We sell these 7–9 weeks once the property is Homebase Ready, so our interest is completely aligned with creating the highest possible value.
Step 5 – Upgrade and Transformation
We activate our local expert team to:
Manage renovations and upgrades
Handle interior furnishing and styling
Ensure all legal compliance
Create 3D renders and a complete marketing package
Step 6 – Marketing and Sale to Co-Owners
We present the property to a pre-qualified global audience through:
mallorcahomebase.com/shop
Palmallorca Community
Partner networks in Europe and North America
Step 7 – Co-Owner Structure
The property is divided into 52 weeks:
Red (16 weeks): High season (July/August) – €30,000/week
Yellow (20 weeks): Mid season (June/September) – €20,000/week
Green (16 weeks): Low season – €10,000/week
Buyers must choose:
1 block of 2–3 connected red weeks
1 block of 5–6 yellow/green weeks
So each co-owner owns 7–9 weeks.
Typically, a Homebase ends with 7 co-owners.
Fractional Ownership Premium
Fractional buyers pay a premium because:
They don’t carry 100% of the costs, only their share
They gain access to a fully serviced, top-condition property
They can simply arrive and enjoy, with everything handled
This convenience and structure increases demand and value.
Ownership After Homebase
You keep 7–21 weeks of ownership.
Example:
If Mallorca Homebase uses 7 weeks for sweat equity and 14 weeks are sold early to finance upgrades,
you keep 31 weeks = 59.6% of the property.
If the final value is €1.3M, your 31 weeks are worth €775,000.
Scaling Examples
Homebase Ready Value €1.5M → Pre-owner’s Value (59.6%): €894,000
Homebase Ready Value €4M → Pre-owner’s Value (59.6%): €2.38M
Homebase Ready Value €7M → Pre-owner’s Value (59.6%): €4.17M
Flexibility After Transformation
Once the property is Homebase Ready, you can:
Sell more of your weeks (all at once or in small blocks)
Buy more weeks if available
Rent out unused weeks (Mallorca Homebase manages everything)
Lifestyle Benefits
Top quality: Fully renovated and furnished – no more spending your holidays on repairs
Ease: When you arrive, everything works
Lower cost: Shared maintenance reduces your annual costs dramatically
Income: Renting unused weeks becomes easy and creates income
Freedom: Adjust your ownership over time
Comparison Block
Direct Sale
Market Value: Normal market price
Tax: Immediate capital gains tax
Liquidity: One-time payment
Commission: 5% to real estate agent
Use of Property: 0% after sale
Costs after Sale: 0%
Growth Potential: None
Mallorca Homebase
Market Value: 30–40% higher due to co-ownership premium
Tax: No tax at transfer. Tax deferred until shares/weeks are sold
Liquidity: Liquidity + retained shares to keep or sell later
Commission: Included in Mallorca Homebase sweat equity
Use of Property: Keep 7–21 weeks per year
Costs after Sale: Shared costs only for weeks kept
Growth Potential: Benefit from future appreciation and rental income
Tax Benefits Explained
Traditional Sale
If you sell your property outright, capital gains tax is paid immediately:
Non-residents: 19% (EU/EEA/Swiss) or 24% (others)
Residents: 19–28%
Example:
Bought for €200,000 → Sell for €700,000 = €500,000 gain → Tax up to 28% due immediately.
Homebase Model
Transfer to Homebase #X S.L.: No tax now – you receive shares
Tax is only paid when you sell your shares/weeks
You can spread these sales over several years, staying in lower tax brackets
Why This Creates 30–40% More Value
Fractional buyers pay a premium for convenience and service
Upgrades and styling increase the property’s appeal
International marketing finds more buyers
Tax deferral means you stay invested in a more valuable asset
Key Outcomes for the Pre-Owner
Own a share of a much more valuable property
Defer capital gains tax until you sell shares
Much lower annual costs
Top condition home – more enjoyable weeks
Rental income potential from unused weeks
Participation in future growth (5–10% annually, even higher for upgraded homes)
Give back to Mallorca:
– More off-season visitors
– A stronger local economy
– Sharing is caring – your unused square meters are transformed into life
Learn More
Request a Personal Call
Contact us today, and let’s make a plan for your Mallorca property.
