Enhancing the Property, Together
All Palmallorca Co-Owned Homes are delivered fully furnished — inside and out — in timeless, high-quality design. We partner with Slettvoll (Norway) and other handpicked decor companies to ensure the homes are move-in ready and elegant from day one. This makes it easier to share the property between multiple owners, with no compromise on aesthetics or comfort.
Nevertheless, more upgrades and improvements may be proposed over time — and those decisions are made together.
How Decisions Are Made
- 1 vote per week owned (20 shares = 1 vote)
- Simple majority (over 50%) approves most upgrades
- 2/3 majority required for major upgrades or structural changes
- The administrator leads the process, gathers quotes, and presents options to owners
All communication and voting happens transparently through the private online owners group.
Creating the Budget
- Upgrades are discussed as part of the annual owner meeting
- Optional upgrade budgets can be proposed and pre-approved
- If agreed, each co-owner contributes based on their number of shares
- The company can maintain a reserve fund for improvements
Example Projects
- Interior refresh (paint, soft decor updates)
- Garden or terrace improvements
- Solar panels or energy upgrades
- Structural repairs or design enhancements
Each project is clearly costed, planned, and overseen by a trusted local project manager when needed.
Who Coordinates the Work?
- The administrator leads the process
- 2–3 offers are presented before any decision
- Project manager is hired if scope requires supervision
- Everything is reported in the annual financial summary
All professionals are Mallorca-based and fluent in Spanish, ensuring seamless execution and legal compliance.
Summary
- All owners have a say — based on how many weeks they own
- Budgeting is fair, clear, and transparent
- Upgrades are professionally managed
- Everyone benefits from a property that improves over time
Learn the Full Co-Ownership Solution
Palmallorca Co-Ownership is a complete, transparent model for smart second-home ownership in Mallorca — built around legal clarity, local support, and personal freedom. Explore the full series below to understand how it works and why it’s designed for the way people live, invest, and travel today.
Why Mallorca – And Why Now?
Discover why Mallorca remains one of Europe’s top lifestyle destinations — and why timing matters.
From Dream to Keys – How It Works
A practical guide to how we match co-owners and form your co-ownership group.
Who Buys Co-Ownership in Mallorca?
See the real people behind the model — from digital nomads to retirees and wellness seekers.
What You Really Own – Legal & Company Structure
Understand the secure ownership structure via Spanish companies and your rights.
Company & Tax Administration Made Easy
No headaches — all financial and legal admin is handled locally on your behalf.
Personal Taxation in a Mallorca Co-Ownership Model
Understand how private taxation works for co-owners — simple, fair, and legally secure.
The Cost & Operations Behind Co-Ownership
What your investment includes, how costs are shared, and what it means in practice.
How the Booking Rules Work
A smart system for using, rotating, and renting your weeks fairly.
The Owners Agreement – Shared Rules
How decisions are made, upgrades are approved, and everyone’s rights are respected.
Selling Your Shares – A Clear Exit Path
Exit easily through our resale and auction platform, with first rights for co-owners.
What Happens If a Co-Owner Stops Paying?
Built-in protection ensures others are not affected if someone defaults.
Legal Rental Rights for Co-Owners
Rent legally with transparency — learn how our 4-week rental logic works.
Property Management – Daily Care & Guest Prep
How the property is cleaned, managed, and prepared for each co-owner or guest.
What Happens If a Co-Owner Passes Away?
How inheritance works under EU law — with admin and continuity fully secured.
Can I Use My Weeks Flexibly or Swap with Others?
Yes — swap across seasons or even with other Palmallorca Co-Owners.
Want to Learn More?
Explore how you can own a slice of paradise — without the burden of full ownership.
