Have you ever dreamed of owning a home in Mallorca, but thought it was out of reach?
With the Palmallorca Co-Ownership model, your dream may be closer than you think.
Our process takes you step-by-step from defining your ideal property to receiving the keys to your fully managed home in Palma, Mallorca—and you co-own it legally, securely, and affordably.
Here’s how it works:
Step 1: Define Your Mallorca Dream
Start by filling out a short Co-Owner Questionnaire, where you share your preferences on:
Location
Property style
Budget
Usage patterns (how often you’d like to stay)
This helps us match you with like-minded co-owners and suitable homes in Palma or elsewhere on the island.
Step 2: Matchmaking & Proposal
We use smart AI tools and personal insight to propose:
A compatible co-ownership group
A curated property
A pricing and legal structure
Booking rules and usage calendar
You’ll receive a clear plan before committing to anything.
Step 3: Reservation & Commitment
If you love the plan, you reserve your spot with a fully refundable deposit.
Step 4: Ownership Setup via Spanish Company
Each co-owned property is held through a dedicated Spanish S.L. company, set up by us (Mallorca Homebase S.L.).
You legally own shares in the company, which owns the home
You hold 5 weeks/year (100 shares = 9.62%)
You have full legal protection under Spanish and EU law
We retain 2 weeks (for repairs/maintenance) as a co-owner—not as an external service provider
Step 5: Signing and Payment
Once the company is formed, all co-owners sign:
A Shareholder Agreement
A Usage & Governance Agreement
An Administration Agreement
Funds are then transferred securely to the new company account.
Step 6: You’re In! Key Delivery
Now you’re a true Mallorca homeowner:
You get access to the booking system and owner app
You can join your private owner group on Palmallorca
All documentation and finances are 100% transparent
You can chat with fellow co-owners and join community events
Fair and Flexible Booking Rules
Each co-owner gets 5 weeks/year:
High Season (July–August): 1 week
Mid Season (June–September): Up to 2 weeks
Low Season: Up to 4 weeks
Booking access opens 24 months in advance
Weeks can be swapped, rented (in blocks), or passed to family
Community & Perks
As a Co-Home owner, you also:
Get Co-Home status on Palmallorca
Access private events and forums
Join curated interest groups
Benefit from discounts and partner offers
Have the option to sell your share in the future
What’s Included?
Shared ownership covers:
Property management
Linen, toiletries, and cleaning supplies
Pool and garden maintenance
Transparent company bookkeeping
Extras like wine or snacks are billed separately based on use.
Discover the Power of Co-Ownership in Mallorca
Looking for a smarter way to own a second home in Palma or across Mallorca?
Co-Ownership gives you legal property rights, 5 weeks of use per year, and a fully managed experience—at a fraction of the full cost.
- Learn more in our Homes in Mallorca Blog Series
- Join the discussion in the Co-Owning Properties Group (free Palmallorca.com membership required)
Want to Know More?
We’ve created 8 detailed internal documents to guide you through every part of the process. If you’re serious about co-owning a home in Palma or Mallorca, I’d love to share more with you directly.
📞 Call or WhatsApp me: +34 683 162 809
📧 Email: ta*@*********ca.com
🌐 Explore more: www.palmallorca.com
Let’s take your dream seriously—the keys to your Mallorca home may be just weeks away.
