9 am to 6 pm

Monday to Friday

Av Gabriel Roca 25 BJ

07014 Palma de Mallorca

+34 902 848 650

info@homesinmallorca.es

Price Range: From to

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Description

We source properties suitable for joint-ownership and ensure they are fully furnished and adequately equipped for holiday occupation on a turnkey basis.

Each property is then placed into an individual Spanish limited company and 4 shares are created. Those shares are sold individually, dividing the equity into fractions of 1/4 of the property’s actual value.

Each share entitles the owner to occupy their shared property for twelve weeks per annum, as per the syndicate agreement, with the remaining four weeks per annum allocated for use for any maintenance works.

Each owner/shareholder owns a 25% holding that company, which holds the property as its sole asset.

Each owner/shareholder has full proportionate ownership & shareholder rights under Spanish law.

Fractional Ownership has the advantage of:

• You can afford to buy a more luxurious property than you can afford outright.
• The property is taken care of by a professional management team. Giving you peace of mind and no responsibilities.
• Your share is an asset, which can appreciate in value.
• Share the maintenance and on going costs of something you only use part time.

For further information please contact us directly

The building is located in the Old Town in the best place in Ibiza´s City. Built in 1740 in Dalt Vila in the 1999 has been declared world heritage by UNESCO .Ground floor: Entrance hall, staff loft with bedroom, bathroom and kitchenette. Guest apartment with bedroom, living room, kitchen, bathroom.Mezzanine:Beautiful entrance. Guest bedroom with a bathroom en suite, a further bedroom, guest cloaks room.Laundry and storage rooms. First floor: Dining room with balcony that offers great views to the cathedral, fully equipped kitchen, superb high ceiling, lounge, bedroom with bathroom en suite, multimedia room or private cinema. Second floor: Master suite with dressing room, distributor that leads to VIP -guest suite, both with bathrooms en suite and breathtaking views to the city, the port of Ibiza and the Mediterranean. Roof terrace: Incredible terrace with swimming pool and waterfall. Sitting area with deckchairs

  • Address: Ibiza
  • City: Ibiza
  • State/county: Balearic Islands
  • Country: Spain

Detail

Updated on February 12, 2018 at 10:04 am

  • Property ID: 29845
  • Price: €2,375,000
  • Bedrooms: 6
  • Bathrooms: 5
  • Property Type: Fractional
  • Property Status: For Sale

Contact info

Paul Moyle
Paul Moyle
+34 902 848 650+34 634 299 625
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