How Co-Ownership Works

How Co-Ownership Works

HOW CO-OWNERSHIP WORKS

Own Smarter. Live Better.

Own a professionally managed second home through real co-ownership – without the full cost, complexity, or responsibility of owning alone.

How Co-Ownership Works in Practice

Explore the structure, rules, and real-world scenarios behind co-ownership – so you know exactly what you own, how it works, and why it’s safe.

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Your Co-Ownership Questions Clearly Answered

The most common questions buyers ask about ownership structure, usage, costs, and protection — explained in plain terms, without surprises.

You own real equity — only not access.

Depending on the property and what is most tax-efficient in your situation, ownership is structured in one of two ways:

1) SPV Structure (8 shares model)

The home is held in a dedicated property company (SPV).

You own registered shares in that company, which gives you:

  • Proportional equity in the property

  • Defined annual usage rights

  • Voting rights under a shareholder agreement

  • Transferable ownership

2) Direct Title Co-Ownership

In some cases, it is more efficient to co-own directly on the title deed.

Here, you are registered as a legal co-owner of the property itself, with a structured agreement governing usage, governance, and resale.

The structure is chosen case by case, based on:

  • Local regulation

  • Tax efficiency

  • Owner profile

  • Long-term flexibility

This is not a timeshare.

It is not a lifestyle club.

Club Homebase provides management, coordination, and booking structure — but your ownership remains real, documented, and legally defined.

You own part of the home.

Club Homebase supports the experience.

Because prime real estate has fundamentally changed.

In destinations like Mallorca and the French Riviera, the best homes are increasingly:

  • Too expensive to justify for single-family use

  • Underutilised 40–45 weeks per year

  • Locked behind rising entry barriers

Owning alone often means carrying unnecessary debt, maintenance responsibility, and idle capital.

Co-ownership changes the equation.

Instead of tying up €2–5M in one property used a few weeks per year, you:

  • Own a meaningful share

  • Use the home fully during your allocated time

  • Reduce personal leverage

  • Keep liquidity for other investments

  • Participate in long-term market growth

This is not about splitting something small.

It is about accessing something better.

You move from:

“I own too much house I barely use.”

To:

“I own exactly what I use — in a better home than I could justify alone.”

And because the model is structured from day one — governance, booking rotation, resale mechanisms — you avoid the friction that normally makes shared ownership risky.

Timing matters.

Prices in prime lifestyle markets are not getting cheaper.

Debt is not getting cheaper.

Quality inventory is not increasing.

Structured co-ownership allows you to:

  • De-risk entry

  • De-leverage intelligently

  • Maintain upside exposure

Without compromising lifestyle.

Because co-ownership only makes sense in strong, proven markets.

Mallorca and Cannes offer:

  • International demand

  • Limited supply

  • Stable legal frameworks

  • Strong long-term value resilience

These are destinations people return to year after year — not trend markets.

Mallorca delivers year-round Mediterranean living.

Cannes offers global prestige and seasonal strength.

Global Homebase will expand — but only into markets with real structural value.

Timeshares sell temporary access.

Global Homebase provides real ownership.

You own equity — either through shares in a property company or direct title co-ownership.

That means:

  • Legal ownership

  • Defined usage rights

  • Transferable shares

  • Exposure to market value

This is not prepaid holidays.

It is structured property ownership — designed for modern lifestyle use.

Booking follows a structured and transparent rotation model.

Each owner receives defined annual usage based on their ownership share. Prime weeks rotate over time to ensure long-term fairness.

You can:

  • Plan stays well in advance

  • Book according to your allocation

  • Swap weeks within the owner group

  • Make selected weeks available for rental if permitted

The system is designed to remove competition and uncertainty.

You know what you own.

You know when you can use it.

And over time, access balances fairly across seasons.

Each home is divided into 8 ownership shares.

Your annual usage is directly linked to how many shares you own.

  • 1/8 share ≈ 46 nights per year

  • 2/8 share ≈ 91 nights

  • 3/8 share ≈ 137 nights

  • 4/8 share ≈ 182 nights

  • Up to full ownership if you choose

Usage is structured through a clear booking system with seasonal balance and rotation logic where relevant.

This is not “request-based access.”

Your time is secured through ownership.

More shares = more time.

Simple. Transparent. Predictable.

You share the real operating costs of the home — proportionally to your ownership.

This includes property management, maintenance, cleaning, insurance, utilities, and a reserve fund for future improvements.

You are not paying inflated hospitality margins.

You are sharing real expenses — transparently and fairly.

That’s the difference between consumption and ownership.

There are three components:

  1. Your equity investment (the share purchase)

  2. Your annual operating budget contribution (fixed shared costs)

  3. Variable usage costs when you stay

The annual budget covers property management, insurance, maintenance, utilities, and reserves.

When you personally use the home, you cover direct stay-related costs such as cleaning, laundry, and guest preparation.

This keeps things fair:

You pay for what you use — and share what everyone benefits from.

Transparent. Proportional. Logical.

Yes — where legally permitted and structured for the specific home.

If you choose to release unused time, it can be rented professionally, and income is distributed proportionally.

Many owners use this to offset annual costs.

Others keep 100% for personal use.

Flexibility is part of intelligent ownership.

There is no expiration date.

You own real equity and can sell your share at market value when it makes sense for you.

This is not a prepaid vacation contract.

It is asset ownership with optionality.

You control your exit — not a corporate calendar.

Each home is divided into 8 equal ownership shares.

1/8 equals 12.5% real equity in the property — not usage credits, not points.

In practical terms, that translates into approximately 6–7 weeks per year (around 46 nights), structured through a fair rotation system to balance seasons over time.

Why 8?

Because it creates the right balance:

  • Meaningful ownership

  • Sufficient annual time

  • Strong liquidity if you ever choose to sell

You don’t buy a week.

You own 12.5% of a home — for as long as you decide to hold it.

Each home is divided into 8 equal ownership shares.

1/8 equals 12.5% real equity in the property — not usage credits, not points.

In practical terms, that translates into approximately 6–7 weeks per year (around 46 nights), structured through a fair rotation system to balance seasons over time.

Why 8?

Because it creates the right balance:

  • Meaningful ownership

  • Sufficient annual time

  • Strong liquidity if you ever choose to sell

You don’t buy a week.

You own 12.5% of a home — for as long as you decide to hold it.

You can purchase 1, 2, 4 — or all 8 shares.

Your ownership size depends on how much time, flexibility, and capital exposure you want.

  • 1/8 equals 12.5% ownership and approximately 6–7 weeks per year

  • 2/8 or 4/8 allow extended seasonal living

  • 8/8 equals full ownership — fully move-in-ready and professionally serviced

There is no artificial cap.

Ownership can be structured either:

  • Through a dedicated SPV holding the property (share model), or

  • As direct co-ownership on title where that is more tax-efficient

The structure is assessed case by case to ensure legal clarity and optimal alignment.

Regardless of ownership size, every home is delivered fully furnished, professionally managed, and ready for immediate use.

Most properties end up with 4 to 8 owners, depending on how many shares each buyer purchases.

This creates a community of aligned co-owners while keeping the group manageable and consistent with European governance standards.

Yes — but structured for private owners.

Each home is legally organized either through a dedicated property company (SPV) or direct co-ownership on title, depending on what makes the most tax and legal sense in that country.

You are not joining a hotel operator.

You are not buying into a fund.

You are owning real property — structured intelligently and transparently.

Owners can request time exchanges with other Global Homebase properties, subject to availability.

This allows flexibility:

Mallorca this year.

Cannes next year.

Future destinations over time.

Swaps are optional — but they add lifestyle freedom across the network.

Every property has a clear shareholder agreement.

Major decisions are predefined.

Operational matters are handled professionally.

Long-term interests are protected.

The goal is simplicity — not meetings.

Aligned co-owners. Structured decision-making. Clear rules from day one.

You can.

But you would carry:

  • 100% of the capital

  • 100% of the maintenance

  • 100% of vacancy risk

  • 100% of operational complexity

Co-ownership gives you:

  • Lower capital exposure

  • Professional management

  • Lifestyle flexibility

  • Access to premium homes

  • Participation in market growth

Smarter ownership.

Less idle capital.

More life.

The process is simple:

  1. Speak with a Homebase Advisor

  2. Review available homes

  3. Select your share size

  4. Complete legal onboarding

  5. Move in

No bidding wars.

No rushed decisions.

No hidden layers.

Just structured ownership — done properly.