Flexible Ownership with a Defined Exit Strategy
Palmallorca Co-Ownership gives you the freedom to enjoy your dream home in Mallorca — but also the flexibility to exit if your plans or priorities change.
This post explains how reselling your shares (your co-owned weeks) works, how the process is structured, and how we ensure fairness, transparency, and legal clarity.
What Exactly Are You Selling?
Each co-owner holds registered shares in a specific Spanish S.L., which owns the property. When you sell, you’re selling:
- Your shares in the company
- Your usage rights to specific weeks each year (in blocks of 20 shares per week)
- Your voting rights (1 vote per week / 20 shares)
- Your share of the assets and value of the company (including the property)
- The Palmallorca model always maintains an up-to-date owners book.
- The company administrator publishes this inside the owners’ online group, and quarterly updates the public registry, including an annual confirmation to ensure smooth tax reporting.
Who Can You Sell To?
Shares can be sold to:
-
Existing co-owners (who may want more weeks)
-
New approved buyers (must be from EU/EEA/Commonwealth/USA/Latin America or approved by all co-owners)
Palmallorca provides tools, communication, and visibility to help facilitate these transactions.
Palmallorca’s Support and Marketplace
Palmallorca will launch a dedicated secondary marketplace for share resale.
Sellers can:
- Set a minimum floor price
- Open their shares to auction bidding
- Let third-party buyers place offers
Then:
- Existing co-owners get first right of refusal at the final offer price from an external bidder
- This ensures the market sets the price, not internal discussions — unless the seller finds a buyer directly and they agree independently
- All resale activity remains compliant with the co-ownership agreement
This protects all co-owners from undervalued internal trades and keeps the process fair, open, and aligned with market dynamics.
How the Process Works
- Inform the Administrator or Palmallorca of your intention to sell
- Palmallorca prepares your listing in the Co-Owner Marketplace
- All co-owners are notified of the offer
- Auction bidding opens (optional)
- Existing co-owners can buy at the third-party offer price
- Once a buyer is confirmed, the Administrator updates the ownership records
New co-owners are always welcomed and introduced via the online group — where voting, upgrades, or group decisions are coordinated.
No Need to Know Your Co-Owners — But Full Respect for the Group
Palmallorca’s co-ownership model is designed to give you independence and clarity. You don’t need to personally know the other co-owners, and all relationships are handled via shared agreements and neutral administration.
That said, transparency and shared goals are central. Each new co-owner is introduced into the group and added to the digital owners group — ensuring everyone knows who they co-own with.
Why This Structure Matters
- Ensures your investment can be exited fairly
- Protects co-owners from unexpected or unwanted buyers
- Respects the original spirit of shared ownership
- Guarantees up-to-date documentation, owner transparency, and legal clarity
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.
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.
