Own Your Dream Weeks — Not the Whole House For over 20 years, I’ve helped families and...
EVERYTHING YOU NEED TO KNOW
Co-Ownership — The Homebase Way
SMARTER CO-OWNERSHIP, MADE SIMPLE
Transparent. Structured. Secure.
Mallorca Homebase enables real co-ownership of premium second homes through a Spanish company structure with eight owners. Each owner holds an equal share, enjoys predictable access, and benefits from a fully managed setup — without the cost or complexity of full ownership.
Our model provides legal clarity, transparent governance, and long-term cost control, allowing you to enjoy your Mallorca home when it fits your life — while preserving real ownership value.
Turn Your Dream into Ownership
You don’t need €1M to enjoy a €1M home. With just 12,5% of the budget, you can co-own a fully managed lifestyle property in Mallorca — and we’ll match you with the right co-buyers to make it happen.
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Lifestyle Co-Ownership – Everything You Need to Know
Answers to the most common questions from families, couples, and second-home buyers like you.
1. How many people co-own each home?
Each home is shared by 4 to 8 lifestyle owners, depending on the size of the property and whether buyers choose 1/8 (12.5%), 1/4 (25%), or a larger share.
We cap individual ownership at 49.9% to ensure balanced governance and a fair, collaborative ownership structure.
Your ownership percentage determines how much of the calendar you can reserve each year — without fixed weeks or rotating schedules. The booking system gives every owner predictable access based on ownership share, with the freedom to plan up to 24 months in advance.
2. Do I need to know the other co-owners beforehand?
No — you don’t need to know anyone in advance.
Mallorca Homebase facilitates the entire formation of the ownership group.
We match compatible buyers, align expectations, and ensure everyone signs the same ownership agreement, which defines use, governance, standards, and decision-making processes.
After closing, you can connect through Club Homebase, but participation is optional.
Co-ownership works because the home is fully managed, the rules are clear, and every owner has equal standing under the agreement.
3. What Exactly Do I Own?
You own real ownership — not a timeshare, not usage points, not rotating weeks.
Your share represents:
Equity in a dedicated Spanish S.L. that owns one single property
Legal rights to use the home based on your ownership percentage
Voting rights proportional to your share
Full alignment with the market value of the home
If the home appreciates, your share appreciates.
If you sell, you sell real equity — not time.
4. How does the calendar and booking system work?
The Mallorca Homebase booking system is designed to be fair, flexible, and simple:
• Plan up to 24 months ahead
Perfect for school holidays, summers, workation blocks, and long stays.
• No fixed weeks
You choose dates freely — the system fairly allocates access based on your 12.5–49.9% ownership.
• High-season fairness
When multiple owners request overlapping peak dates, access rotates year-to-year to keep everything balanced.
• Short-notice bookings
Inside 30 days, any owner can book available dates regardless of how much they have booked earlier.
• Last-minute bookings
Inside 7 days, you can book freely — no limits, no minimum stay.
• Minimum stay rules
High season: 7 nights
Mid season: 5 nights
Low season: 3 nights
Last-minute: no minimum
• Cleaning per stay
A professional cleaning and reset is required after every stay and billed per visit (not per week).
This system keeps the calendar predictable, flexible and fair for every owner.
5. Can I rent out my time if I’m not using it?
No.
Mallorca Homebase lifestyle homes are for private use only, shared among 4–8 aligned owners.
There is:
No short-term rental
No Airbnb
No income model
No guest-to-guest subletting
You may bring family, friends, and invited guests, but the home cannot be rented commercially.
This maintains the home’s quality, stability, and privacy.
6. Can I own shares in more than one property?
Yes.
You can co-own several lifestyle homes across Mallorca — or later across additional Homebase destinations. Many buyers choose one Palma home and one countryside or beach property.
Each home has its own S.L. structure, booking system, and owner group.
7. Can I sell or transfer my ownership share?
Yes — ownership is transferable. You may:
Sell your share on the open market
Sell internally to existing owners (Right of First Refusal applies)
Transfer ownership to family members or a holding company
Mallorca Homebase provides assistance for valuation, buyer screening, and administrative handling.
You always sell real equity.
8. What does it cost to buy an ownership share?
Your purchase price is based on:
The market value of the home
Your chosen ownership percentage (1/8, 1/4, or up to 49.9%)
Furnishing and upgrades
Legal setup costs
Initial reserve contribution for maintenance
No hidden fees.
Everything is presented transparently before purchase.
9. Are there yearly costs after I buy?
Yes — each owner pays a predictable annual fee covering:
Property management
Cleaning and turnover team
Utilities and subscriptions
Insurance
Pool/garden maintenance (if relevant)
Local taxes (pro-rated)
Repair & maintenance reserve
Administration / accounting for the S.L.
Annual costs are shared proportionally to ownership share.
10. What about cleaning and preparation after each stay?
A full professional cleaning and property reset is required after every stay.
This includes:
Deep cleaning
Fresh linens and towels
Restocking essentials
Inspection of any issues
Preparing the home for the next owner
The departing owner pays a fixed cleaning fee per stay, not per week.
Cleaning days do not count as usage days.
11. Are the homes fully furnished and move-in ready?
Yes.
All Mallorca Homebase homes are delivered fully furnished, professionally styled, and equipped with:
Slettvoll or equivalent interior standard
Complete kitchen setup
Bedding and linens
Outdoor furniture
High-speed internet
Smart home systems where possible
You simply arrive — everything is ready.
12. Who manages the property and operations?
Mallorca Homebase manages:
Day-to-day operations
Cleaning and turnovers
Maintenance and repairs
Utility contracts
Owner communication
Financial reporting
Compliance and taxes for the S.L.
Local teams perform all on-the-ground work.
You never have to coordinate handymen or worry about upkeep.
13. Is ownership legally protected?
Yes — ownership is protected through:
A Spanish S.L. created specifically for the property
A notarised purchase structure
A legally binding Co-Ownership Agreement
Voting rights proportional to ownership share
Minority protection through supermajority rules
No single owner can dominate or control the group.
14. Is financing available for my share?
Financing may be available through:
Partner banks
Private lender arrangements
Mortgage-backed co-ownership lending
Homebase’s vetted financing partners (depending on jurisdiction)
Your share can be used as collateral, and lenders can be secured by your equity position in the property’s S.L.
15. How is the property company structured?
Each home has its own Spanish S.L.
The S.L.:
Owns the property
Is governed collectively by the owners
Has maximum 49.9% per owner
Has a neutral administrator (Mallorca Homebase)
The S.L. model ensures transparency, stability, and clean separation from other properties.
16. What if I can’t use the home one year?
No problem — simply don’t book stays.
You won’t lose access in future years, and you are never forced to use time.
There is no rental, no rollover, and no penalty.
Co-ownership is intentionally flexible and low-pressure.
17. What is the legal role of Mallorca Homebase S.L.?
Mallorca Homebase acts as:
Administrator of the property company
Operator handling maintenance, budgeting, and reporting
Neutral coordinator for owner voting
Protector of standards and lifestyle quality
Onboarding partner for new buyers
Long-term steward of the home’s condition
Mallorca Homebase does not own shares in the property S.L.
18. Are the properties inspected before purchase?
Yes.
Before any home is offered:
A full technical inspection is carried out
All legal documents are reviewed
Structural conditions are assessed
Previous works and licenses are verified
Necessary upgrades or repairs are completed
Furnishing and styling are finalized
You buy into a home that is 100% ready for use.
19. What happens if an owner cannot pay their annual costs?
The rules are clear and fair:
A grace period is provided
The administrator notifies all owners
If unpaid, the share may be offered for sale
If still unresolved, the S.L. can initiate a forced sale of the share to protect the group
This ensures the home remains financially stable and that no single owner affects the others.
20. Can I increase or reduce my ownership later?
Yes.
You can:
Buy additional shares (1/8 at a time)
Sell part of your ownership (subject to group agreement)
Transfer ownership to family or a company structure
All changes follow the property S.L.’s rules and require standard documentation.