The Owners Agreement

The Owners Agreement – Shared Rules for Smooth Co-Ownership with Palmallorca - Kopi

Every Mallorca Homebase starts with a written Owners Agreement to keep ownership fair, transparent, and stress-free.

Why It Matters

Co-owning a Mallorca home works best when everyone follows the same rules. The Owners Agreement sets out how the property is used, managed, and enjoyed — with minimal friction.

What the Agreement Covers
Property Usage
  • Each share = usage rights, not fixed dates
  • Weeks booked via the shared calendar (up to 24 months ahead)
Voting & Decisions
  • 1 vote per share
  • Majority for daily decisions, 2/3 for major changes or resale
Maintenance & Upgrades
  • Local manager handles daily care
  • Bigger upgrades require group approval
  • Budgets include a reserve fund
Renting Out Weeks
  • Allowed under platform rules
  • Rental income goes to the company, credited to the owner’s account
  • Helps reduce shared annual costs
Fair Use Calendar
  • Weeks grouped into Prime, Premium Chill, and Peaceful months
  • Rotation ensures fairness if demand overlaps
Transparency & Admin Support
  • Local administrator runs the company and provides reports
  • Owners visible in a private online group
  • Quarterly and annual updates to the Spanish company register
  • All GDPR-compliant and transparent
Respect & Flexibility

Most co-owners prefer smooth management over knowing each other personally. Still, names and profiles are shared in the owners group to allow communication, upgrades, or simply quiet enjoyment.

And if your life changes, you’re not locked in:
  • Sell your shares on the Mallorca Homebase Marketplace
  • Existing owners have first right of refusal, ensuring fairness and protecting current members
Learn the Full Co-Ownership Solution

Mallorca Homebase offers a complete, transparent model for smarter second-home ownership — combining legal clarity, local expertise, and personal freedom.

From Dream to Keys – How It Works