Improvements – Owner Votes and Budgeting

Mallorca Homebase ensures every property stays updated, high-quality, and ready for satisfied owners and guests.

Enhancing the Property, Together

All Mallorca Homebase Co-Owned Homes are delivered fully furnished — inside and out — in timeless, high-quality design. We collaborate with Slettvoll (Norway) and other handpicked design partners to make each home elegant, functional, and move-in ready from day one.

Still, upgrades and improvements may be proposed over time — and these are decided together by the co-owners.

How Decisions Are Made

Voting Rights
  • 1 vote per week owned (e.g. 20 shares = 1 vote)
  • Simple majority (over 50%) approves most upgrades
  • 2/3 majority required for major upgrades or structural changes
Transparent Process
  • The administrator coordinates, gathers quotes, and presents options
  • All communication and voting happens transparently through the private online owners group

Creating the Budget

Annual Planning
  • Upgrades are discussed during the yearly owner meeting
  • Optional upgrade budgets can be proposed and pre-approved
Fair Contribution
  • Each co-owner contributes based on their number of shares
  • A reserve fund may be set aside for improvements

Example Projects

  • Interior refresh (paint, décor updates)
  • Garden or terrace improvements
  • Solar panels or energy upgrades
  • Structural repairs or design enhancements

Every project is costed, planned, and supervised locally to ensure smooth execution.

Who Coordinates the Work?

Professional Oversight
  • The administrator leads the process and collects 2–3 offers per project
  • A project manager is hired if the scope requires supervision
  • All costs and updates are reported in the annual financial summary
Local Partners

All contractors and service providers are Mallorca-based, fluent in Spanish, and experienced in navigating legal and technical requirements.

Summary

  • Every owner has a say, proportional to their ownership
  • Budgets and decisions are clear and transparent
  • Upgrades are managed professionally by Club Homebase
  • Owners and guests benefit from properties that improve over time

Learn the Full Co-Ownership Solution

Mallorca Homebase Co-Ownership is a complete, transparent model for smarter second-home ownership in Mallorca — built on legal clarity, local expertise, and personal freedom.

From Dream to Keys – How It Works