Co-own · Mallorca
The numbers behind a share
What a share costs to buy, what the house costs to run, what you can earn by renting out weeks you do not use, and who does the work. Every figure can be changed below; the brochure shows only the headline.
Figures can still move a little. Until the first reservation in this home is completed, we may adjust costs and the budget, and the share price follows. From the first completed reservation, the share price is fixed for everyone.
Until the notary
Buying a share: from the price to all-in
The house is offered in 12 equal shares. Buy one or several; all twelve is the whole house, move-in-ready, for one owner or one company. All 12 are for sale unless the seller keeps some. The owners buy the house at the asking price, divided into shares. On top come the transfer tax, the notary, the registry and the lawyers, and a starting reserve so the house runs from day one. Move-in-ready always means fully equipped: the upgrade, plus furniture and equipment inside and out, kitchen, bed linen and towels.
What one share is made of
| Layer | The house | Per share | Paid to |
|---|
After the notary · Property Management
Running the home: the yearly budget
A first operating budget for a five-bedroom house with pool and garden, kept to the house’s real cost lines. Third-party work is passed on at cost, with the invoice. Homebase’s own services are a fixed price. The owners approve the budget once a year.
| Budget line | Per year | Per share |
|---|
Where the money goes
By group, for the whole house, in the period chosen.
Your own costs, outside the house budget
Paid by each owner, not from the house budget. Estimate for an EU resident who does not live in Spain.
After the notary · Owners Management
The ownership: weeks, register, resale and rules
Every share is the same: 1/12 of the house (8.33%), one vote and 28 nights a year, at the same price. No share owns a week. Owners book their stays in the Guest App, by rules that give every share the same chance at the best weeks.
How booking works
- Each share gives 28 nights a year. No share owns a week.
- Peak season, late June to mid September, has twelve weeks: one per share, seven nights.
- Each autumn the owners book the next year in rounds, in an order that rotates every year. Round two runs in reverse, so the owner who picks last in round one picks first in round two.
- After the rounds, free nights are first come, first served. Stays from two to fourteen nights.
- Nights still free 30 days before arrival can be booked by any owner without using their own nights. Changeover at cost.
- Owners can swap stays with each other in the Guest App.
- Four care weeks in low season, set by the Home Director. No guests.
| Share | Of the house | Nights a year | Peak nights | Booking order, round 1 · 2 | Status | Owner |
|---|
Selling a share later
The other owners have the first right to buy for 30 days. After that the share is offered on the open market through Homebase, at 5% from the selling owner.
The owners’ agreement, in short
Proposed terms. The lawyer drafts the agreement (or the S.L.’s articles) for the owners.
During the stay · Club Homebase
Club Homebase: the stay, priced in the open
The Guest App is the way in for owners, their guests and tenants: arrival, door codes, guest registration, reporting a problem, the concierge. The partner’s price is shown, Homebase’s fee is shown next to it, and discounts go to you.
| Example booking | Partner’s price | Homebase fee | You pay |
|---|
When the house earns · Homebase Rent
Renting out the weeks you do not use
Set which weeks you release and what the market pays; the simulator shows what comes back to you.
Each released week
Expected net to you, after channels, the Homebase fee and the changeover. Occupancy: winter 45%, spring 85%, summer 95%, autumn 65%.
| Week | Rate | Booked | Net to you |
|---|
The people
Who does the work
We live in Mallorca, with the homes we look after. Each role has one owner and one price, and the owners can replace the Home Director, Homebase included.
Back to the co-own brochureHow Homebase is paid
Homebase earnings: before and after the notary
Until the notary the seller pays the sales fee, shared with the partners who did the work. From the notary the owners pay Homebase for defined services at fixed prices. No mark-up on third-party costs and no kick-backs. Every Homebase price here is a proposal until it is in the published price list.
| Until the notary · once | Amount | Who pays · who gets it |
|---|
| From the notary · per year | Amount | Basis |
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