From Dream to Keys – How Co-Ownership in Mallorca Actually Works

Co-Ownership Exists — But We’re Doing It Differently

Co-ownership of holiday homes is not a new idea. For over a decade, it’s been offered by international companies that combine properties in multiple countries — often with ownership structures placed outside Spain.

At Palmallorca, we focus 100% on Mallorca — and on doing things differently.

We’ve created a step-by-step solution where co-owners share one beautiful Mallorca property through a Mallorca-based S.L. company. Everything is fully managed, transparent, and tailored to your dream.

Here’s how it works in practice:


Step 1 – Define Your Dream

It all starts with you.

We ask future co-owners to describe their ideal setup:

  • What type of property are you looking for?
  • Where on the island would you love to stay?
  • What’s your budget?
  • How often, and when, do you plan to use the home?
  • What style or features matter to you?

This input helps us identify meaningful matches — both in terms of properties and potential co-owners.

Our official Co-Owner Dream Form will be published soon — stay tuned!

Co-Home matchmaker


Step 2 – Smart Matchmaking

Once we understand your preferences, our team (and smart AI tools) begin matching you with compatible properties — and with others who share your vision.

When a match is found, you’ll receive a clear, personalized proposal that includes:

  • Property details and photos
  • Price per share
  • Booking model and co-owner structure
  • Legal and administrative overview

If there’s mutual interest, we invite you into a group dialogue to explore next steps.


Step 3 – Reservation & Commitment

If the proposal fits your needs, you can secure your place by paying a €100 Reservation Certificate.

This gives you:

  • Priority rights to reserve specific weeks (shares)
  • A place in line before the offer is opened more broadly
  • A commitment without financial risk
  • The process is structured to be safe and fair:
  • Deposits are held in escrow until the group is complete
  • Reserved buyers have first right to confirm and finalize their shares
  • If shares remain, others with deposits are next in line
  • If the group is not formed, deposits are refunded in full

Once all 50 shares (equal to 50 weeks) are reserved and final payments are received into our lawyers’ client account, the purchase is executed:

  • A new Mallorca S.L. (Sociedad Limitada) is created
  • The property is acquired in the name of the company
  • Co-ownership agreements are signed
  • All legal, financial, and administrative steps are managed by our trusted partners on the island.

Step 4 – From Keys to Community

After purchase, you officially become a shareholder in the company that owns the property — and a co-owner of your dream Mallorca home.

You’ll receive:

  • Access to a smart booking calendar
  • Guaranteed usage weeks (with clear rotation rules)
  • Full property management including cleaning, maintenance, and support

No stress. No uncertainty. Just a smarter way to enjoy life in Mallorca — and be part of a like-minded owner group.


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.

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.

Upgrades & Improvements – Owner Votes & Budgeting

How new ideas and improvements are proposed, voted on, and funded.

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.

Join the Palmallorca Co-Owner Community (requires free membership)