A Smart, Legal, and Flexible Way to Own a Second Home in the SunWhat You OwnEach co-ownership property is held in a dedicated Spanish company (S.L.), named HOMEBASE #1, #2, #3, etc. The company owns the home, and you own shares in that company — each share corresponds to a specific week of the year.Key Ownership Features:Real ownership of company shares — not a timeshare or usage licenseOne vote per...
mallorca co-ownership
Making Mallorca homes lived in, not left empty — for families and investors alike. Why Mallorca Homebase? Too many square meters in Mallorca stand empty for large parts of the year. Mallorca Homebase changes that by transforming underused properties into fully managed homes for co-owners and investors. We acquire or restructure properties on behalf of buyers, ensuring they are lived in, cared for, and...
Why We Use a Spanish S.L. — and Not Private Multi-Owner TitlesIn Spain, multiple individuals can co-own a property directly on the title deed. But in practice, this creates serious legal, tax, and administrative complications — especially for international owners.The Problems With Direct Co-Ownership:Ownership changes (e.g. sale or inheritance) must be made through a notary with unanimous consent from...