How Co-Ownership Works in Mallorca

How Co-Ownership Works in Mallorca - Mallorca Homebase

A Smart, Legal, and Flexible Way to Own a Second Home in the Sun

What You Own

Each co-ownership property is held in a dedicated Spanish company (S.L.), named HOMEBASE #1, #2, #3, etc.

The company owns the home, and you own shares in that company — each share corresponds to a specific week of the year.

Each HOMEBASE has:

  • 52 shares – one per week

  • 52 voting rights – one per share

  • Real equity in a Spanish company (not a timeshare or leasehold)

  • One vote per share in the Owner Association

  • Inheritance-friendly structure – shares are transferable

  • Max 21 shares per owner (3 ownership packages)

Week Packages: Legal Ownership with Flexibility

We offer a legally compliant, lifestyle-flexible structure based on fixed week packages.

Each buyer chooses one, two or three of 7 pre-defined ownership packages — and may own multiple (up to 21 weeks total).

All-Year Model with 52 Weeks Sold

We divide the year into three simple seasons:

🔴 Red (High Season):

June to mid-September – 16 weeks

Week 24–39

🟨 Yellow (Mid Season):

Spring, Fall, and holiday peak – 20 weeks

Week 12–23, Week 40–45, Week 51–52

🟩 Green (Low Season):

Remainder of year – 16 weeks

Week 1–11 and Week 46–50

All buyers select:

  • 2 or 3 consecutive Red Weeks

  • A block of 5 or 6 consecutive Yellow/Green Weeks

These blocks are pre-bundled to enable legal 30-day+ rentals.

Ownership Package Types

Each buyer selects 1 of 7 pre-configured ownership packages.

All packages include:

  • 2 or 3 Red Weeks (High Season, perfect for vacation or rental)

  • 5 or 6 Yellow/Green Weeks (Mid/Low Season, rental-eligible)

You own the exact weeks in your package, with full legal and usage rights.

Example: One buyer owns Weeks 28–29 (Red) + Weeks 40–44 (Mid/Low Season)

→ This qualifies for legal rental without tourist license (30+ days)

Booking, Swapping & Community

Each HOMEBASE includes a secure GDPR-compliant Owner Platform with:

  • Booking calendar

  • Week swap and rental coordination

  • Internal resale options

  • Chat, voice, video (for meetings, webinars, voting, etc.)

All owners are also part of the Palmallorca Community, unlocking:

  • Exclusive local benefits and service access

  • Private events and groups across Mallorca

  • A trusted network of like-minded homeowners

Legal Rental Without License

Rental is legal in Spain if the stay exceeds 30 days.

That’s why every HOMEBASE includes 5+ consecutive Yellow/Green weeks.

Income is distributed as follows:

  • 75% to the owner

  • 15% to the rental agency

  • 10% to HOMEBASE upkeep reserve

We handle legal guest registration, tourist tax, payouts, and accounting.

Flexibility After Purchase

After the initial round of week assignments:

  • Owners can swap usage rights with others

  • Sell weeks individually or as packages

  • List on our Secondary Marketplace

  • Reorganize ownership with full transparency in our cap table (via Ledgy)

Transparent Week-Based Pricing

For every €1M HOMEBASE property, pricing is calculated based on week type and season:

  • 🔴 Red Week (High Season) = €30,000

  • 🟨 Yellow Week (Mid Season) = €20,000

  • 🟩 Green Week (Low Season) = €10,000

Each owner’s total package price depends on the exact combination of weeks:

Examples:

  • 2 Red Weeks + 5 Green Weeks

    (€30,000 × 2) + (€10,000 × 5) = €110,000

  • 3 Red Weeks + 6 Mixed Yellow/Green Weeks

    (€30,000 × 3) + [(e.g. 3 Yellow × €20,000) + (3 Green × €10,000)] = €150,000

This pricing model ensures fairness and transparency across all owners.

It also reflects true market value and seasonal demand — with flexibility for lifestyle-focused users or rental-oriented investors.

Includes:

  • Fully furnished, legal & key-ready property

  • Interior design and setup

  • Full legal S.L. formation

  • Platform access and documentation

  • Week assignment and ownership structure

Why Mallorca Homebase?

  • Real legal ownership — not timeshare

  • Rent out legally without tourist license

  • Swap, resell, upgrade, or consolidate

  • Full transparency and digital platform

  • Community access with exclusive benefits

  • Lower entry point into prime properties

Ready to Own Smarter?

Choose your package.

Live your Mallorca dream.

Start today — legally, affordably, and effortlessly.

👉 View Available Properties

👉 Share Your Dream

👉 Contact Us

Shopping Cart
Scroll to Top