MALLORCA HOMEBASE HQ | Global Homebase
Per ownership share
€600,000
Ownership Structure — Legal & Tax
A Mallorca Eco Finca with ETV License in Southeast Mallorca
5 Bedrooms · 5 Bathrooms · 663 m² · From 12.5% Ownership
OWNERSHIP STRUCTURE · LOS HIBISCUS

How You Own Los Hibiscus

Eight co-owners. One dedicated Spanish company. Zero mortgage.

Each share gives you 12.5% of a registered Spanish S.L. — a single-purpose vehicle that owns Los Hibiscus and nothing else. Your ownership is notarised, registered in the Spanish property register, and governed by a clear shareholders agreement in English and Spanish.

OWNERSHIP STRUCTURE

What you own — and how it is protected

Each co-owner holds a registered share in a dedicated Spanish S.L. — a single-purpose company that owns Los Hibiscus and nothing else. Your ownership is notarised, tracked digitally, and protected by a shareholders agreement from day one.

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Los Hibiscus

The property

🏢

Spanish S.L. (SPV)

One property. One company.

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8 Ownership Shares

12.5% each — equal rights

Your Share

Notarised. Registered. Protected.

Notarised ownership

Your share is registered via a notarial deed and recorded in the Spanish property register. Legally binding from day one.

Digital cap table

All shares tracked in real time via Ledgy. Ownership history, transfers and pre-emption rights — fully documented and auditable.

No debt in the property

Los Hibiscus is acquired entirely debt-free. No mortgage on the S.L. Each owner’s share is clean and unencumbered.

Shareholders agreement

Usage, rental decisions, maintenance and exit are all governed by a clear co-ownership agreement in English and Spanish.

TRANSPARENCY · CAP TABLE

Every Share Tracked in Real Time

All ownership shares in Los Hibiscus are registered and tracked on Ledgy — a professional cap table platform used by European companies and investors.

Every co-owner has their own verified account. Ownership percentages, transfer history, and shareholder agreements are all stored in one place — accessible at any time, fully auditable, and independently verifiable.

Ownership record

Notarised + Ledgy

Two layers of proof — Spanish property register and digital cap table. Both binding.

Access

Your own account

Each co-owner receives a personal Ledgy login. View your share, documents and history at any time.

Future transfers

Clean exit process

When a share changes hands, Ledgy records the transfer instantly alongside the notarial update.

ACQUISITION PROCESS

From Reservation to Keys

The process is straightforward and fully guided. From your first conversation to the moment you receive your keys, every step is documented and legally binding.

01

Book a conversation

A no-obligation call with Homebase to walk through the property, the structure, and your questions.

Day 1

02

Receive the memorandum

Full investment memorandum including financials, legal structure, usage terms, and upgrade plan.

Day 2–5

03

Reserve your share

A refundable reservation secures your share while legal documentation is prepared by the Spanish notary.

Week 1–2

04

Sign & notarise

Shareholders agreement and notarial deed signed in Spain. Your share is registered in the property register.

Week 4–8

05

Keys & Ledgy access

Receive your Ledgy account, your usage calendar, and the keys to Los Hibiscus.

Week 8–12

TAX & HOLDING STRUCTURE

Own Privately or Through a Company

Your share in Los Hibiscus can be held privately as an individual or through a holding company or investment vehicle. The optimal structure depends on your country of residence, existing assets, and long-term plans. We recommend taking independent tax advice — and we can connect you with advisors who know this structure well.

Private ownership

As an individual

You hold the shares personally. Rental income and capital gains are taxed according to the rules in your country of residence. Spain applies a 19–24% withholding tax on rental income for non-residents, with deductions available.

Corporate ownership

Via holding company

Many co-owners choose to hold their share through a personal holding or investment company. This can offer tax efficiency on rental income, easier estate planning, and cleaner exit options — depending on your jurisdiction.

Spanish property tax

IBI & local taxes

Annual Spanish property tax (IBI) and community costs are shared proportionally between co-owners. These are modest relative to the asset value and are handled by the S.L. administrator.

This is an orientation — not tax advice. Co-owners are encouraged to consult a tax advisor familiar with cross-border property ownership. We can provide introductions to advisors who know this structure. A full tax orientation document is available on request.

USAGE & BOOKING · LOS HIBISCUS

Your Time at Los Hibiscus

As a 12.5% co-owner, you have 42 nights per year at Los Hibiscus. Book through a simple online calendar — on your terms, year-round. The more you use, the less goes into the rental pool. The less you use, the more rental income you receive.

Your nights per year

42

nights at your disposal — use them all or let some generate rental income

That's

6.5

weeks across the year — high season, low season, or both

Your ownership

12.5%

of a dedicated Spanish S.L. — one of eight equal co-owners

Booking system

Live
calendar

real-time availability via Guesty — book any time, from anywhere

HOW TO BOOK

Simple. Transparent. Yours.

1

Log in to your booking calendar

Every co-owner has a personal Guesty account. See real-time availability — your own bookings, other owners' stays, and the rental calendar.

2

Select your dates

Book from 2 days to 2 years in advance. Choose any available dates within your 42-night annual allowance — minimum 2 nights per stay.

3

Confirm and arrive

Booking confirmed instantly. The local team is notified and prepares the property. A cleaning and preparation fee applies per stay — invoiced directly.

Booking rules at a glance

42 nights/year per 12.5% share — book any combination of stays throughout the year
Book 2 days to 2 years ahead — plan a holiday well in advance or book spontaneously
Minimum 2 nights per stay — short-notice bookings (under 30 days) do not count toward your 6 advance stays
Peak season (weeks 28–35, July–August): maximum 14 nights per co-owner — ensuring every share has access to at least 2 weeks of high season
Cleaning & preparation fee applies per stay — covers linen, cleaning, and property preparation. Amount confirmed at closing.
Rental to third parties: Los Hibiscus holds an ETV tourist licence. Co-owners have first priority at all times. The first AGM decides whether unused nights are offered for external rental — owners can choose to opt out.
Modifications accepted up to 14 days before arrival. Unused nights from cancelled stays return to the rental pool.