A Place That Changes How You Think About Home
Built over ten years as a family dream, Los Hibiscus is a southeast Mallorca finca with a heated pool, ancient olive trees, and an ETV rental license. Now available for eight co-owners.
THE UPGRADE · LOS HIBISCUS
From Beautiful to Exceptional
The planned upgrade takes Los Hibiscus further — curated interiors, enhanced outdoor living, and every detail refined for co-ownership.
OWNERSHIP STRUCTURE
Each co-owner holds a registered share in a dedicated Spanish S.L. — a single-purpose company that owns Los Hibiscus and nothing else. Debt-free. Legally binding from day one.
Legal
Notarial deed
Registered in the Spanish property register. Binding from day one.
Transparency
Digital cap table
All shares tracked in real time via Ledgy. Fully auditable.
Finance
Debt-free
Los Hibiscus is acquired entirely without mortgage. Each share is clean.
Governance
Co-owner agreement
Usage, rental and exit governed by a clear agreement in English and Spanish.
RENTAL & RETURNS
Los Hibiscus holds a lifetime ETV tourist licence — one of Mallorca's most valuable assets. When you're not using your weeks, the property generates rental income shared proportionally between co-owners.
Estimated annual rental
shared across all co-owners
Your ownership share
= approx. €12,500/year
Personal usage
42 nights per year
Usage model
use more, rent less — or balance both
BOOKING · LOS HIBISCUS
Every 1/8 co-owner gets 42 nights per year at Los Hibiscus — booked in real time through Club Homebase. Use them, share them, or let them generate rental income through the ETV licence.
Nights per 1/8 share
per year — book from 2 days to 2 years ahead
Peak season max
nights July–August per share — 2 weeks guaranteed
Short-notice stays
unlimited — book within 30 days, min. 2 nights
ETV licence
lifetime tourist licence — rental income year-round
INVESTMENT OVERVIEW
Key Financial Metrics
Key financial and operational metrics for this property.
01
Property
Acquisition
Off-market acquisition price negotiated directly with the current owner.
€4,000,000
02
Renovation
& Setup
Interior upgrades, furnishing, operational setup, and co-ownership preparation.
€300,000
03
Transfer Tax
& Legal
Estimated acquisition tax and legal closing costs applicable to each ownership participation.
11% / ~€525,000
04
Total Project
Capitalization
Estimated total project investment including acquisition, setup, transfer tax, and legal costs.
€4,775,000
05
Annual Usage
Share
Each ownership share provides approximately 6.5 weeks and 42 annual nights of personal usage.
12.5% Ownership
06
1/8 Ownership
Share
Estimated all-in acquisition cost for one 12.5% ownership share including setup, taxes, and legal costs.
€600,000/share
07
Estimated Rental
Potential
Estimated annual rental income generated through licensed short-term rental operations.
€100,000
08 — ETV APPROVED
Price Per
Ownership Share
Estimated all-in acquisition cost for one ownership share including setup, taxes, and legal costs.
€600,000/share
Los Hibiscus — The Numbers
| Property type | Eco Finca — Mediterranean stone build |
| Living area | 663 m² |
| Plot size | 17,750 m² |
| Bedrooms | 5 double bedrooms, all en suite — sleeps 10 |
| Bathrooms | 5 — all with air conditioning & underfloor heating |
| Pool | 13.5m × 6m heated pool with solar cover |
| Location | Near Cas Concos, Southeast Mallorca |
| Nearest beach | Es Trenc — 20 min drive |
| Nearest town | Santanyí — markets, shops, restaurants |
| Palma airport | Approx. 45 min drive |
| Energy | Solar power system with large battery storage + own well |
| Connectivity | High-speed WiFi throughout — remote work ready |
| Accessibility | Ground floor suite with wet room for disabled guests |
| Tourist licence | ETV 15693 — ACTIVE |
| Year built | 2010 |
| Co-ownership | 8 shares · 12.5% each · Spanish S.L. structure |
Ten Years in the Making
Los Hibiscus did not happen overnight. Peter Bouzyk and his wife Joanna found the land in the southeast of Mallorca and spent a decade building the finca they had always imagined — stone by stone, room by room, garden by garden.
The result is a home that carries the care of its creators in every detail. The ancient olive trees were planted around the house, not removed for it. The heated pool was positioned to catch the afternoon light. The covered terrace was designed for long evenings, not quick coffees.
Now Peter and Joanna are ready to share what they built — with eight co-owners who will love it as they do, and care for it as if it were their own. Because it will be.
LOCATION
Los Hibiscus sits near Cas Concos in the Santanyí municipality — known for its authentic Mallorcan character and some of the island's most beautiful unspoilt beaches. Close enough to everything, far enough from the crowds.
EXPLORE THE AREA →LOCAL PRESENCE · LONG-TERM CARE
Local Present. Long Term Care.
A Mallorca-based team managing Los Hibiscus for relaxed shared ownership — year-round care, and stays worth remembering.
LOCAL TEAM · LOS HIBISCUS
Meet the Local Team Behind Los Hibiscus
A dedicated local team handles the day-to-day management of the finca — from maintenance and arrival preparation to coordination with trusted partners in the area.
Roles evolve as the property moves from upgrade to full ownership operation.
TORBEN AAGAARD · FOUNDER, MALLORCA HOMEBASE
Driven by a Passion for Shared Ownership
I believe great homes should be lived in, shared, and enjoyed — not left empty. My role is to guide Los Hibiscus into its next chapter together with future co-owners, local partners, and the people who care for the finca over time.
