# VIVLA — Exclusive homes for a fraction of the price > Disfruta de tu segunda residencia sin las complejidades de la propiedad total y accede a nuestra red de casas para elevar tu experiencia de vacaciones. ## About Vivla Welcome to the modern way to live. Own your second home without the complexities of full ownership, and access our network of homes to elevate your holiday experience. ### Elevate your holiday experience - Exclusive homes at affordable prices - Unique locations - Special, personalized services - Resell any time - Easy and flexible booking - Investment gains - Quality time - True legal ownership, adapted for you ### Exchange, experience new destinations By being a VIVLA homeowner, you'll automatically gain access to our network of homes. This means you can exchange your stays across our properties and explore new destinations, maximizing your holiday experience like no other. ## Homes ### Casa Wave Seaside · Ibiza - URL: https://www.vivla.com/listings/casa-wave-seaside - Markdown: https://www.vivla.com/listings/casa-wave-seaside.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 120 m² - Price per 1/8 share: 260.000 € In Santa Eulalia del Río, Casa Waves Seaside is a spectacular home featuring a 40 m² terrace with sea views, designed to experience Ibiza with peace, privacy, and every comfort. It offers 3 bedrooms and 2 bathrooms, including a primary en-suite bedroom. The interior opens out onto a spacious terrace with a private jacuzzi, creating the perfect setting to have breakfast facing the Mediterranean,… ### Casa Wave Poolside · Ibiza - URL: https://www.vivla.com/listings/casa-wave-poolside - Markdown: https://www.vivla.com/listings/casa-wave-poolside.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 117 m² - Price per 1/8 share: 275.000 € In Santa Eulalia del Río, Casa Waves Poolside offers sea views, design, privacy, and the relaxed lifestyle of Ibiza. It features 3 bedrooms and 2 bathrooms, with an en-suite master bedroom. The living areas open directly onto the terrace, where a private jacuzzi invites you to enjoy the Mediterranean outdoors. The home includes a garage. It is part of an exclusive residential complex with a Clu… ### Casa Luma · Ibiza - URL: https://www.vivla.com/listings/casa-luma - Markdown: https://www.vivla.com/listings/casa-luma.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 274 m² - Price per 1/8 share: 315.000 € Immerse yourself in the most authentic Ibizan lifestyle with Casa Luma, located in the enclave of Cala Llenya. Designed by the prestigious COMAD studio, this 274 m² house is not just a house; it's a statement of contemporary design, where meticulous architecture and high-end materials come together to offer an unparalleled residential experience. With its completion scheduled for June 2026, this… ### Casa Saut · Baqueira - URL: https://www.vivla.com/listings/casa-saut - Markdown: https://www.vivla.com/listings/casa-saut.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 184 m² - Price per 1/8 share: 195.000 € Casa Saut is a newly built home where furniture and design become the final layer that ties architecture, landscape and emotion together. Inspired by contemporary Alpine style, it blends noble woods, stone, linen and soft neutral tones to create a warm, functional and honest atmosphere. Lighting pieces from Santa & Cole, Kave Home and Pilma bring balance and character, mixing mountain tradition w… ### Casa Sa Roda · Costa Brava - URL: https://www.vivla.com/listings/casa-sa-roda - Markdown: https://www.vivla.com/listings/casa-sa-roda.md - Bedrooms: 3 - Bathrooms: 4 - Floor size: 247 m² - Price per 1/8 share: 175.000 € Casa Sa Roda is one of those rare homes that has it all: 247 m² of contemporary architecture distributed across three floors connected by lift, three bedrooms, three full bathrooms and a guest toilet, two terraces with open views across the Mediterranean, and a private 105 m² garden with its own swimming pool. It also includes one private parking space. Just a five-minute walk from the historic… ### Casa Ostau · Baqueira - URL: https://www.vivla.com/listings/casa-ostau - Markdown: https://www.vivla.com/listings/casa-ostau.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 184 m² - Price per 1/8 share: 195.000 € Casa Ostau is a newly built home where furniture and design become the final layer that ties architecture, landscape and emotion together. Inspired by contemporary Alpine style, it blends noble woods, stone, linen and soft neutral tones to create a warm, functional and honest atmosphere. Lighting pieces from Santa & Cole, Kave Home and Pilma bring balance and character, mixing mountain tradition… ### Casa Luaña · Cantabria - URL: https://www.vivla.com/listings/casa-luana - Markdown: https://www.vivla.com/listings/casa-luana.md - Bedrooms: 5 - Bathrooms: 3 - Floor size: 208 m² - Price per 1/8 share: 175.000 € A beautiful Cantabrian-style home located in the peaceful hamlet of Sierra, Ruiloba, surrounded by a large private garden and with spectacular views towards the Picos de Europa. Its location allows you to enjoy the tranquillity of the countryside without giving up the coast: Comillas is just a 5-minute drive away, Luaña Beach about 5 minutes, and Comillas Beach about 7 minutes. The house feature… ### Casa Abanillas · Cantabria - URL: https://www.vivla.com/listings/casa-abanillas - Markdown: https://www.vivla.com/listings/casa-abanillas.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 214 m² - Availability: sold out (all 8 shares sold) A restored 19th-century stone house on 6 private hectares. 4 beds, 10 guests, near San Vicente de la Barquera's beaches. Nature, privacy & modern comfort. ### Casa Solaz · Cantabria - URL: https://www.vivla.com/listings/casa-solaz - Markdown: https://www.vivla.com/listings/casa-solaz.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 240 m² - Availability: sold out (all 8 shares sold) This 246 m² detached home (212 m² of interior living space) is designed for a life filled with light, ease, and flow. Every corner feels intentional — spacious where it needs to be, calm where it matters, and always connected to the outdoors. The ground floor is the heart of the home. A generous open-plan living and dining area extends effortlessly into the garden, with an integrated kitchen tha… ### Casa Nara · Costa de la Luz - URL: https://www.vivla.com/listings/casa-nara - Markdown: https://www.vivla.com/listings/casa-nara.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 175 m² - Availability: sold out (all 8 shares sold) Sustainable villa in Roche, Conil: 4 bedrooms, 175 m², private pool and solarium, minutes from the marina and golf courses. 6 weeks a year. ### Casa Mareta · Costa de la Luz - URL: https://www.vivla.com/listings/casa-mareta - Markdown: https://www.vivla.com/listings/casa-mareta.md - Bedrooms: 4 - Bathrooms: 5 - Floor size: 181 m² - Availability: sold out (all 8 shares sold) Single-storey new build in Roche: 4 en-suite bedrooms, 181 m², private garden and pool. 6 weeks a year through co-ownership. ### Casa Tarida · Ibiza - URL: https://www.vivla.com/listings/casa-tarida - Markdown: https://www.vivla.com/listings/casa-tarida.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 100 m² - Price per 1/8 share: 180.000 € 100 m² home above Cala Tarida: 3 bedrooms, 2 baths, private pool and sea views, 5 minutes from the beach. 6 weeks a year through co-ownership. ### Casa Torimbia · Asturias - URL: https://www.vivla.com/listings/casa-torimbia - Markdown: https://www.vivla.com/listings/casa-torimbia.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 202 m² - Price per 1/8 share: 135.000 € In Llanes, within the charming setting of La Galguera, this newly built detached villa presents a solid and versatile residential offering, designed for those who wish to experience the Asturian coast with comfort and style. With 202 sqm built on a plot of over 700 sqm, the property combines generous living spaces, an efficient layout, and a seamless relationship with the outdoors on every level.… ### Casa Alba · Costa de la Luz - URL: https://www.vivla.com/listings/casa-alba - Markdown: https://www.vivla.com/listings/casa-alba.md - Bedrooms: 3 - Bathrooms: 3 - Floor size: 148 m² - Price per 1/8 share: 145.000 € New-build penthouse in Zahara Pueblo, just a 4-minute walk from the beach of Zahara de los Atunes. A home of approximately 148 sqm, with parking, storage room and two private terraces, designed to enjoy the slow, authentic rhythm of one of the most special enclaves on the Cádiz coast. Its corner position allows natural light to flow through the interiors, creating a sense of openness, privacy an… ### Casa Rius · Baqueira - URL: https://www.vivla.com/listings/casa-rius - Markdown: https://www.vivla.com/listings/casa-rius.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 156 m² - Price per 1/8 share: 175.000 € In Garòs, one of the most charming villages in Val d'Aran, Casa Rius offers 156 m² spread across four floors, with 4 bedrooms, 3.5 bathrooms and space for up to 10 people. A spacious and welcoming mountain house, with different areas to spend time together while still enjoying privacy, plus a small private garden. Just 8–10 minutes from Baqueira Beret and very close to Arties and Vielha, this is… ### Casa Salina · Costa de la Luz - URL: https://www.vivla.com/listings/casa-salina - Markdown: https://www.vivla.com/listings/casa-salina.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 220 m² - Price per 1/8 share: 195.000 € A luminous duplex facing the Atlantic, in Atlanterra, surrounded by dunes, pine forests and some of the most special beaches in the area. Its approximately 220 m² are spread across two floors, with four bedrooms, three bathrooms and generous living areas that open to the outside. The large upper terrace becomes the heart of the home: a place to dine, unwind and savour the breeze and the sunsets.… ### Casa Gessóla · Baqueira - URL: https://www.vivla.com/listings/casa-gessola - Markdown: https://www.vivla.com/listings/casa-gessola.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 97 m² - Price per 1/8 share: 185.000 € Located in the highly sought-after Val de Ruda, Casa Gessóla is a 97 m² apartment thoughtfully designed to combine comfort, natural light, and effortless functionality — the kind that makes mountain living feel easy. The spacious and light-filled living and dining area opens onto a private balcony, perfect for unwinding after a day on the slopes. From here, the space flows naturally into a fully… ### Casa Son Parc · Menorca - URL: https://www.vivla.com/listings/casa-son-parc - Markdown: https://www.vivla.com/listings/casa-son-parc.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 224 m² - Price per 1/8 share: 155.000 € Villa at Sa Llosa Homes, Son Parc: 4 bedrooms, 3 baths, private pool and garden among pine woods. 6 weeks a year through co-ownership. ### Casa Hermosilla · Madrid - URL: https://www.vivla.com/listings/casa-hermosilla - Markdown: https://www.vivla.com/listings/casa-hermosilla.md - Bedrooms: 3 - Bathrooms: 3 - Floor size: 175 m² - Availability: sold out (all 8 shares sold) This penthouse with a 16-square-meter private terrace and storage unit, set within a beautifully restored classical building in Madrid’s coveted Salamanca neighborhood. Perched on the sixth and top floor of Calle Hermosilla, this 175-square-meter residence has been fully reimagined by the renowned architecture studio of Mónica Diago. The result is a luminous, one-of-a-kind home where historic cha… ### Casa Lábara · Cantabria - URL: https://www.vivla.com/listings/casa-labara - Markdown: https://www.vivla.com/listings/casa-labara.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 215 m² - Availability: sold out (all 8 shares sold) Set on the eastern edge of a small Cantabrian village, this Casa VIVLA stands as the gateway to an extraordinary holiday project—one that reimagines rural life with purpose, beauty, and belonging. This 4-bedroom, 4-bathroom home with an additional guest toilet spans 215 m² on a 1,005 m² plot. Its design blends contemporary comfort with a deep respect for place. Built using local materials—Cantabr… ### Casa Capdera · Baqueira - URL: https://www.vivla.com/listings/casa-capdera - Markdown: https://www.vivla.com/listings/casa-capdera.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 127 m² - Availability: sold out (all 8 shares sold) Located in the charming village of Arties, Casa Capdera strikes the perfect balance between modernity and warmth. Just minutes from Baqueira Beret, it offers an ideal retreat for those who love the outdoors without compromising on comfort. With 127 m² of bright and spacious living areas, this home features 3 bedrooms, 2 bathrooms, and high-quality finishes. Its private terraces and balconies pro… ### Casa Arties · Baqueira - URL: https://www.vivla.com/listings/casa-arties - Markdown: https://www.vivla.com/listings/casa-arties.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 132 m² - Availability: sold out (all 8 shares sold) Welcome to our beautiful townhouse in the heart of the charming village of Arties. Spread across 4 floors, the house offers versatile living spaces. On the ground floor, you'll find the entrance door and garage access. Step inside to a cozy chill-out room with a TV and a garage with room for one vehicle, along with a laundry area and storage space. The first floor welcomes you with a sunny and… ### Casa Salaró Terrassa · Baqueira - URL: https://www.vivla.com/listings/casa-salaro-terrassa - Markdown: https://www.vivla.com/listings/casa-salaro-terrassa.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 115 m² - Price per 1/8 share: 150.000 € Casa Salaró Terrassa is a stunning 115 m² home designed for those who value space, quality, and a seamless connection with nature. Located in the picturesque village of Salardú, it offers an idyllic setting just minutes from Baqueira Beret. This thoughtfully designed residence features 3 bedrooms and 2 bathrooms, ensuring comfort and privacy for the entire family. Its expansive 38 m² terrace ext… ### Casa Bruisha · Baqueira - URL: https://www.vivla.com/listings/casa-bruisha - Markdown: https://www.vivla.com/listings/casa-bruisha.md - Bedrooms: 5 - Bathrooms: 4 - Floor size: 200 m² - Availability: sold out (all 8 shares sold) Nestled in the charming village of Tredós, Casa Bruisha is the perfect refuge to enjoy the mountains without sacrificing comfort. With 200 m² and a capacity for 11 people, this house is spread over several levels. Upon entering, you will find a bright living-dining room with a wonderful terrace overlooking the mountains, an independent fully equipped kitchen, as well as a bathroom with a shower… ### Casa Salaró Penthouse · Baqueira - URL: https://www.vivla.com/listings/casa-salaro-penthouse - Markdown: https://www.vivla.com/listings/casa-salaro-penthouse.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 142 m² - Price per 1/8 share: 195.000 € Casa Salaró Penthouse is an exclusive 142 m² residence located in the picturesque village of Salardú, just minutes from Baqueira Beret. This penthouse combines contemporary design with an unparalleled natural setting, offering the perfect retreat for those seeking comfort and tranquility. With 3 bedrooms and 2 bathrooms, the property has been carefully designed to maximize space and natural ligh… ### Casa Bini · Menorca - URL: https://www.vivla.com/listings/casa-bini - Markdown: https://www.vivla.com/listings/casa-bini.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 187 m² - Availability: sold out (all 8 shares sold) Bioclimatic villa in Binisafuller, southern Menorca: 4 en-suite bedrooms, pool, gardens and padel courts. 6 weeks a year through co-ownership. ### Casa Naut · Baqueira - URL: https://www.vivla.com/listings/casa-naut - Markdown: https://www.vivla.com/listings/casa-naut.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 146 m² - Availability: sold out (all 8 shares sold) Discover this exclusive duplex, fully renovated in 2022, located in Bagergue, one of Spain's most beautiful villages. With 146 m², it offers 4 bedrooms and 3 bathrooms, featuring luxury finishes such as indirect lighting, wall paneling, and a wine cooler. The lower floor includes an open-concept living room with an integrated kitchen, one bedroom with 3 bunk beds and an en-suite bathroom, plus a… ### Casa Capdera Duplex · Baqueira - URL: https://www.vivla.com/listings/casa-capdera-duplex - Markdown: https://www.vivla.com/listings/casa-capdera-duplex.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 133 m² - Availability: sold out (all 8 shares sold) Located in the charming village of Arties, Casa Capdera Dúplex strikes the perfect balance between modernity and warmth. Just minutes from Baqueira Beret, it offers an ideal retreat for those who love the outdoors without compromising on comfort. With 133 m² of bright and spacious living areas, this home features 4 bedrooms, 3 bathrooms, and high-quality finishes. One bedroom and a bathroom are… ### Casa Tosalet · Costa Blanca - URL: https://www.vivla.com/listings/casa-tosalet - Markdown: https://www.vivla.com/listings/casa-tosalet.md - Bedrooms: 4 - Bathrooms: 5 - Floor size: 220 m² - Availability: sold out (all 8 shares sold) Ibizan-style villa in Tosalet with Montgó views: 4 bedrooms, 220 m², private pool and a separate guest flat. 6 weeks a year through co-ownership. ### Casa Aranyó · Baqueira - URL: https://www.vivla.com/listings/casa-aranyo - Markdown: https://www.vivla.com/listings/casa-aranyo.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 185 m² - Availability: sold out (all 8 shares sold) Nestled in the picturesque heart of Vielha, Casa Aranyó stands as an exceptionally designed home, where modern architecture dialogues with the Aran Valley. This spacious 182 m² duplex house offers a sanctuary of light and spaciousness, designed for those seeking the calm of the mountains without compromising on a contemporary lifestyle. Discover a home where every detail has been considered to co… ### Casa Valderrama · Costa del Sol - URL: https://www.vivla.com/listings/casa-valderrama - Markdown: https://www.vivla.com/listings/casa-valderrama.md - Bedrooms: 3 - Bathrooms: 4 - Floor size: 222 m² - Availability: sold out (all 8 shares sold) 222 m² home next to Valderrama Golf Club in Sotogrande: 3 bedrooms, 4 baths, terrace, pool and private lift. 6 weeks a year through co-ownership. ### Casa Aranèla · Baqueira - URL: https://www.vivla.com/listings/casa-aranela - Markdown: https://www.vivla.com/listings/casa-aranela.md - Bedrooms: 3 - Bathrooms: 3 - Floor size: 125 m² - Price per 1/8 share: 125.000 € Located in the picturesque heart of Vielha, Casa Aranèla is an exceptional refuge that perfectly combines modern design with the majesty of its natural surroundings. This 125 m² house offers a fluid and light-filled space, ideal for those seeking the serenity of the mountains without compromising on contemporary living. Get ready to enjoy a home where every window frames a postcard of the Aran Va… ### Casa Garos · Baqueira - URL: https://www.vivla.com/listings/casa-garos - Markdown: https://www.vivla.com/listings/casa-garos.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 152 m² - Price per 1/8 share: 180.000 € With 152 m² of space, 4 bedrooms and 3 bathrooms, Casa Garos opens onto a wide private garden with uninterrupted views of the high mountains. Here, the living room isn’t just an interior, it becomes a natural extension of the outdoors. Light pours in from every angle, the landscape frames each window, and moving between inside and outside feels completely effortless. Mornings begin with coffee fa… ### Casa Saladillo · Costa del Sol - URL: https://www.vivla.com/listings/casa-saladillo - Markdown: https://www.vivla.com/listings/casa-saladillo.md - Bedrooms: 2 - Bathrooms: 2 - Floor size: 135 m² - Price per 1/8 share: 135.000 € Located in the Capri area of Estepona, this residence is set within one of the most sought-after enclaves on the Costa del Sol, where the Mediterranean Sea, natural landscape, and the area’s unhurried rhythm define an authentic and light-filled way of living. Positioned between the sea and the mountains, it offers a relaxed lifestyle without compromising excellent connectivity to Marbella, Puer… ### Casa Baqueira 1500 · Baqueira - URL: https://www.vivla.com/listings/casa-baqueira-1500 - Markdown: https://www.vivla.com/listings/casa-baqueira-1500.md - Bedrooms: 2 - Bathrooms: 2 - Floor size: 60 m² - Availability: sold out (all 8 shares sold) 60 m² retreat in the 1500 area of Baqueira: 2 bedrooms, 2 baths, ski storage room and a parking space. 6 weeks a year through co-ownership. ### Casa Arsola · Baqueira - URL: https://www.vivla.com/listings/casa-arsola - Markdown: https://www.vivla.com/listings/casa-arsola.md - Bedrooms: 5 - Bathrooms: 4 - Floor size: 159 m² - Price per 1/8 share: 170.000 € Discover Casa Arsola, an imposing 159 m² residence in the picturesque heart of Vielha, where contemporary design meets the beauty of the Aran Valley. This spacious triplex home is conceived for those yearning for the tranquility of the mountains, enveloped in natural light and comfort. Every corner of this house offers a visual connection with the spectacular surrounding landscape. Layout With a… ### Casa Coves · Menorca - URL: https://www.vivla.com/listings/casa-coves - Markdown: https://www.vivla.com/listings/casa-coves.md - Bedrooms: 5 - Bathrooms: 4 - Floor size: 203 m² - Price per 1/8 share: 190.000 € New build in Coves Noves, Menorca: 5 bedrooms, 4 baths, 203 m², private pool and sea views 5 minutes from Arenal. 6 weeks a year. ### Casa Neret · Baqueira - URL: https://www.vivla.com/listings/casa-neret - Markdown: https://www.vivla.com/listings/casa-neret.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 98 m² - Price per 1/8 share: 120.000 € Casa Neret boasts 98 m² of built space, distributed across 3 bedrooms and 2 bathrooms (one en suite), along with a balcony with views and a rear terrace to enjoy the fresh Pyrenean air. It also includes a parking space and storage room. VIVLA Studio is developing a renovation project to transform it into a Casa VIVLA, enhancing its charm and functionality. Located in Bagergue, the highest and mos… ### Casa Muntanyó · Baqueira - URL: https://www.vivla.com/listings/casa-muntanyo - Markdown: https://www.vivla.com/listings/casa-muntanyo.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 125 m² - Price per 1/8 share: 140.000 € Home at 1,700 m in Pleta de Nheu with views over the Baqueira slopes: 3 bedrooms, 125 m², parking and tourist licence. 6 weeks a year. ### Casa Tuna · Costa de la Luz - URL: https://www.vivla.com/listings/casa-tuna - Markdown: https://www.vivla.com/listings/casa-tuna.md - Bedrooms: 5 - Bathrooms: 3 - Floor size: 120 m² - Availability: sold out (all 8 shares sold) Townhouse facing Atlanterra beach: 5 bedrooms, 120 m², two patios, sea views and a tourist licence. 6 weeks a year through co-ownership. ### Casa Garona · Baqueira - URL: https://www.vivla.com/listings/casa-garona - Markdown: https://www.vivla.com/listings/casa-garona.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 150 m² - Availability: sold out (all 8 shares sold) Traditional Aranese home in central Vielha with fireplace, garage and tourist licence: 4 bedrooms, 150 m². 6 ski weeks a year through co-ownership. ### Casa Deveses · Costa Blanca - URL: https://www.vivla.com/listings/casa-deveses - Markdown: https://www.vivla.com/listings/casa-deveses.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 210 m² - Availability: sold out (all 8 shares sold) Beachfront penthouse at Almare, Dénia: 4 bedrooms, 210 m², three terraces and 14,000 m² of shared facilities. 6 weeks a year through co-ownership. ### Casa Artiga · Baqueira - URL: https://www.vivla.com/listings/casa-artiga - Markdown: https://www.vivla.com/listings/casa-artiga.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 175 m² - Availability: sold out (all 8 shares sold) Casa Artiga is an impressive 175 m² triplex, designed for those seeking spaciousness, comfort, and a deep connection with nature. Located in Vielha, it offers a privileged setting with breathtaking views and easy access to all essential services. Spread across three levels, it features 4 bedrooms and 4 bathrooms, ensuring privacy and comfort for the entire family. Its two private terraces enhanc… ### Casa Solera · Costa de la Luz - URL: https://www.vivla.com/listings/casa-solera - Markdown: https://www.vivla.com/listings/casa-solera.md - Bedrooms: 4 - Bathrooms: 5 - Floor size: 181 m² - Availability: sold out (all 8 shares sold) Casa Solera presents itself as a stunning new-build semi-detached house, where meticulous architecture merges with the unmistakable Mediterranean style, immersing you in a dream lifestyle in Roche. With 181 m² distributed on a single floor and set on a generous 728 m² plot, this house is designed to offer a living experience in harmony with the beauty of its surroundings and to enjoy unique momen… ### Casa Fir · Baqueira - URL: https://www.vivla.com/listings/casa-fir - Markdown: https://www.vivla.com/listings/casa-fir.md - Bedrooms: 5 - Bathrooms: 3 - Floor size: 180 m² - Availability: sold out (all 8 shares sold) Are you a mountain person? Get ready for an amazing vacation in our stunning Casa Fir located in the exclusive Pleta de Baqueira.  This 180 square meters in 4 different floors has 5 bedrooms, 3 bathrooms, a cozy fireplace and has everything you need to enjoy the mountains either skiing on winter or hiking and biking in summer. It also includes a charming attic with several mattresses, ideal for… ### Casa Gades · Costa de la Luz - URL: https://www.vivla.com/listings/casa-gades - Markdown: https://www.vivla.com/listings/casa-gades.md - Bedrooms: 4 - Bathrooms: 5 - Floor size: 250 m² - Availability: sold out (all 8 shares sold) Casa Gades is a newly built, modern, and bright vacation villa with salt water infinity pool, close to the sandy beach in Roche - Conil de la Frontera.  The property is distinguished by its high-quality construction materials and a privileged location adjacent to a green zone. The interior showcases an open-concept layout that integrates the living room and kitchen, thoughtfully designed for poo… ### Casa Numa · Cantabria - URL: https://www.vivla.com/listings/casa-numa - Markdown: https://www.vivla.com/listings/casa-numa.md - Bedrooms: 5 - Bathrooms: 4 - Floor size: 377 m² - Availability: sold out (all 8 shares sold) 377 m² home in Cantabria with 5 bedrooms, 4 baths, panoramic views and a large garden. 6 weeks a year through co-ownership. ### Casa Saona · Formentera - URL: https://www.vivla.com/listings/casa-saona - Markdown: https://www.vivla.com/listings/casa-saona.md - Bedrooms: 3 - Bathrooms: 4 - Floor size: 200 m² - Availability: sold out (all 8 shares sold) New-build villa 900 m from Cala Saona: 3 bedrooms, 4 baths, 200 m², pool and courtyard in wabi-sabi style. 6 weeks a year through co-ownership. ### Casa Nin · Baqueira - URL: https://www.vivla.com/listings/casa-nin - Markdown: https://www.vivla.com/listings/casa-nin.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 119 m² - Availability: sold out (all 8 shares sold) Located in the high altitudes of the Aran Valley, specifically in the well-known area at 1,700 meters, in the Nin de Beret development, with extensive community gardens closed to traffic. This development is recognized as one of the best in the region. This apartment has a capacity for 6 people distributed across 3 rooms, one equipped with a double bed and the others with 2 bunk beds each. It f… ### Casa Arnica · Baqueira - URL: https://www.vivla.com/listings/casa-arnica - Markdown: https://www.vivla.com/listings/casa-arnica.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 153 m² - Availability: sold out (all 8 shares sold) Located in Vielha, Casa Árnica is an exclusive 153 m² ground-floor duplex that blends space, comfort, and design in a stunning natural setting. Its private garden and spacious terrace provide the perfect space to enjoy the fresh mountain air year-round. With 4 bedrooms and 3 bathrooms, this home is designed for those who seek both comfort and elegance. Bright interiors with high-quality finishes… ### Casa Ruda · Baqueira - URL: https://www.vivla.com/listings/casa-ruda - Markdown: https://www.vivla.com/listings/casa-ruda.md - Bedrooms: 5 - Bathrooms: 3 - Floor size: 130 m² - Availability: sold out (all 8 shares sold) 130 m² home in a pedestrian area with direct access to the Baqueira-Beret slopes: 5 bedrooms, 3 baths and ski storage. 6 weeks a year. ### Casa Taula · Menorca - URL: https://www.vivla.com/listings/casa-taula - Markdown: https://www.vivla.com/listings/casa-taula.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 180 m² - Price per 1/8 share: 210.000 € TASH & PARTNERS villa at Llar de Mar: 4 en-suite bedrooms, 180 m², private pool, solarium and gardens. 6 weeks a year through co-ownership. ### Casa Salaró · Baqueira - URL: https://www.vivla.com/listings/casa-salaro - Markdown: https://www.vivla.com/listings/casa-salaro.md - Bedrooms: 4 - Bathrooms: 3 - Floor size: 161 m² - Availability: sold out (all 8 shares sold) This 161 m² simplex apartment in a new multi-family residence in Salardù combines traditional stone and wood aesthetics with modern comfort. It features 4 bedrooms and 3 bathrooms, including two spacious double bedrooms with en-suite bathrooms and two additional bedrooms sharing a bathroom. The open-plan living area has an integrated kitchen, a flexible laundry area, and a bright, south-facing or… ### Casa Pinere · Baqueira - URL: https://www.vivla.com/listings/casa-pinere - Markdown: https://www.vivla.com/listings/casa-pinere.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 95 m² - Price per 1/8 share: 185.000 € Nestled in one of the most exclusive areas of the Aran Valley, Casa Pinere is the perfect getaway for ski enthusiasts and families alike. Just steps from the renowned Baqueira-Beret slopes, this home offers unparalleled access to the mountains, making it a true paradise for outdoor lovers. Currently under renovation to become a Vivla House, this 95-square-meter ground-floor apartment is designed… ### Casa Tanau · Baqueira - URL: https://www.vivla.com/listings/casa-tanau - Markdown: https://www.vivla.com/listings/casa-tanau.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 150 m² - Availability: sold out (all 8 shares sold) This 150 m² mountain home, south-facing, is located in the exclusive private urbanization of Tanau, at 1,700 meters above sea level. Spread over two floors, it features a spacious living-dining room with a closed fireplace separating the lounge and dining areas, as well as an integrated kitchen. The terrace, accessible through one of the large windows, offers panoramic views of the ski resort, th… ### Casa Ribes · Ibiza - URL: https://www.vivla.com/listings/casa-ribes - Markdown: https://www.vivla.com/listings/casa-ribes.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 284 m² - Availability: sold out (all 8 shares sold) Ribes is a 284 square meter south-facing apartment with breathtaking sea views. Additionally, it features over 100 square meters of terrace space. Its filled with natural light, has high ceilings and four spacious bedrooms, four brand new bathrooms, and an amazing terrace with a private pool to invite friends over, have family quality time, or even enjoy by yourself with your favorite book. It a… ### Casa Sidonia · Costa de la Luz - URL: https://www.vivla.com/listings/casa-sidonia - Markdown: https://www.vivla.com/listings/casa-sidonia.md - Bedrooms: 4 - Bathrooms: 4 - Floor size: 239 m² - Availability: sold out (all 8 shares sold) New-build villa in Roche, 8 minutes from the beach: 4 en-suite bedrooms, private pool and a 685 m² garden. 6 weeks a year through co-ownership. ### Casa Nheu · Baqueira - URL: https://www.vivla.com/listings/casa-nheu - Markdown: https://www.vivla.com/listings/casa-nheu.md - Bedrooms: 3 - Bathrooms: 2 - Floor size: 111 m² - Availability: sold out (all 8 shares sold) Are you a mountain enthusiast? Get ready for an incredible vacation in our stunning Casa Nheu, nestled in the exclusive Pleta de Nheu urbanization, just a quick 5-minute drive from the Tanau chairlift! Newly renovated! This 111 square meter apartment features 3 spacious bedrooms, 2 bathrooms, a cozy fireplace, and everything you need to enjoy the mountains, whether skiing in winter or hiking and… ### Casa Oyambre · Cantabria - URL: https://www.vivla.com/listings/casa-oyambre - Markdown: https://www.vivla.com/listings/casa-oyambre.md - Bedrooms: 5 - Bathrooms: 5 - Floor size: 296 m² - Availability: sold out (all 8 shares sold) VIVLA Studio-renovated home in Canales: 5 bedrooms, 5 baths and 296 m², 15 min from Oyambre beach. 6 weeks a year through co-ownership. ## Pages ### Aviso legal - URL: https://www.vivla.com/terminos - Markdown: https://www.vivla.com/terminos.md ### Contact Us - URL: https://www.vivla.com/contact-us - Markdown: https://www.vivla.com/contact-us.md *Let's talk* #### Send us a message Share a few details and an advisor will be in touch with you shortly. ### Cookies Policy - URL: https://www.vivla.com/legal-notice-and-cookies - Markdown: https://www.vivla.com/legal-notice-and-cookies.md #### Cookies Policy *Updated May 10, 2022* VIVLA LIFESTYLE S.L. (hereinafter, "Vivla"), directly or via third party contracted for providing measurement services, may use cookies and other similar mechanisms for storing and retrieving data from terminals ("cookies") when you use Vivla website (hereinafter, "Website") to allow and facilitate your interaction with the Website. The statistics services (own and third-party) used by the Website may use cookies for the purposes of establishing metrics and usage of the Website. The use of cookies lets the server on which the Website is hosted recognise your web browser and know your connection IP address, source (URL), use time, browsing history and preferences so as to make your browsing more straightforward. Cookies are also used to measure the audience and traffic parameters and to track the trend and number of visits. #### WHAT ARE COOKIES? A cookie is a file downloaded to your computer when you use a Web page. Cookies allow a them to, among other things, store and retrieve data on the browsing habits of a user or their device. Depending on the information in the cookies and how you use your computer, cookies may be used to recognise you. #### TYPES OF COOKIES ##### By entity managing the domain: First-party cookies Third-party cookies ##### By expiry: Session cookies Persistent cookies ##### By purpose: Technical cookies Preferences or personalisation cookies Analytics or measurement cookies Behavioural advertising cookies #### WHAT TYPES OF COOKIES DO WE USE? ##### Technical Cookies: these are essential and strictly necessary for the correct functioning of a web portal and the use of the different options and services it offers. ##### Preferences or personalisation cookies: These cookies allow us to enhance functionality and provide you a more personalised experience. 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These cookies store information on the user's behaviour obtained through the continuous observation of their browsing habits, which allows a specific profile to be developed to display advertising according to the said behaviour. #### COOKIES WE USE BY ENTITY MANAGING THE DOMAIN ##### Facebook Pixel **Facebook** — third-party cookies, analysis cookies, persistent cookies — 3 months. ##### Google Analytics **Google** — Third-party cookies, analysis cookies, persistent cookies — 2 years. ##### Google Ads **Google** — Third-party cookies, behavioural advertising cookies, persistent cookies — 13 months. ##### Hotjar **Hotjar** — Third-party cookies, analysis cookies, persistent cookies — 1 month. ##### Hubspot **Hubspot** — Third-party cookies, personalization cookies, persistent cookies — 2 years. ##### LinkedIn **LinkedIn** — third-party cookies, analysis cookies, persistent cookies — 3 months. ##### Twitter **Twitter** — third-party cookies, analysis cookies, persistent cookies — 3 months. This information table will be updated as soon as possible when the services offered on this website change. However, it is possible that the information table may temporarily not include a cookie, tag or other similar device due to an update, although there will always be devices with identical purposes to those included in this chart. #### WHO ARE THE RECIPIENTS OF THE INFORMATION? WHERE ARE THEY LOCATED? The information collected through the Cookies may be used both by Vivla and by third-party collaborating companies, such as advertising network operators and agents and/or advertises, for the purposes described in the previous section. Some of these third-parties may be located in third countries whose legislation does not offer an equivalent level of data protection; however, the User may consult the appropriate guarantees they offer to ensure that international transfers of data are carried out taking into account the rights and freedoms of the data subjects. The User can find out more about these third-parties, as well as the types of cookies they install, the purposes for which they process the data, the guarantees they offer to carry out international transfers, the retention periods, and how preferences can be configured with respect to them, through their privacy policies. In any case, Vivla is not liable for the accuracy and content of the privacy policies offered by such third parties on their websites. #### COOKIES MANAGEMENT Taking into account the information provided in this Cookies Policy, below we explain how you can manage the cookies used via the different options of the most common browsers (Explorer, Firefox, Chrome, Safari and Opera). The "Help" functionality of most browsers tells you how to configure your browser to not accept cookies, to notify you whenever you receive a new cookie and to completely disable all cookies. You can also disable or delete similar data used by browser add-ons, such as "Flash Cookies", by changing the settings of these add-ons. For more information, visit the websites of the add-on manufacturers. You can also delete cookies through the settings panel on your device. For instance, you can find out how to manage your cookie preferences in the most common browsers via the following links: Firefox Chrome Explorer Safari Opera If you use a different browser, see the documentation for your browser. The opt-out mechanism creates a cookie that allows us to remember that you don't want additional cookies. However, if you delete your cookies after opting out, you will have to opt out again. These changes only apply to the browser via which you are currently connected. To delete cookies in other devices, you must follow the process described in those devices. #### MORE INFORMATION You can contact VIVLA via info@vivla.com where you can write to exercise your rights of access, rectification or cancellation, limitation of processing, opposition, to data portability or not to be subject to a decision based solely on automated processing, as well as to withdraw the consent given. To the extent that the information processed relates only to unique codes or identifiers of devices or browsers used by the user, and does not relate to data that directly identifies the user, the above rights shall not apply, unless the user provides additional information that allows his or her identification. If you would like additional information about the processing of your data, you can consult VIVLA's Privacy Policy. This Cookies Policy has been revised and published on 10 of May of 2022. ### How it works - URL: https://www.vivla.com/how-it-works - Markdown: https://www.vivla.com/how-it-works.md ### Co-ownership made simple With VIVLA your holiday home is more than just an investment: it's an opportunity to strengthen family connections, forge traditions, build equity and create a lifetime of memories for all generations to come. *Step 1* #### Find your dream home Begin your VIVLA journey by exploring our selection of homes and talking to our Market experts. Let us get to know you better to assess if VIVLA is the lifestyle purchase your family needs. *Step 2* #### Try before you buy Want to try before you buy? Our team will help set up a virtual tour, in-person visit or rent a stay at any VIVLA home, so you can fall in love and see if it's right for you. *Step 3* #### Get questions solved and paperwork ready Our legal team will address any questions or concerns you may have, and thoroughly review the contract with you before you sign. A transparent and professional purchasing process with all legal guarantees, robust contracts and full ownership title signed at notary. *Step 4* #### Book, exchange, and enjoy! It's time to enjoy! As a VIVLA owner, booking your stays is simple. Plan 12 months ahead and enjoy 6 weeks every year. Plus, you can easily and seamlessly exchange weeks with other VIVLA owners at any location. *Step 5* #### Freedom to sell or transfer anytime VIVLA properties appreciate in value, ensuring seamless and profitable resale. You set the price, and we find a buyer within 6 months. Or easily transfer to a better VIVLA home anytime. #### Meet our expert guides *SDR Team Leader* ##### Elena Pernía Aznar Captivated by the luxury real estate sector for +10 years, with a background in esteemed agencies like Engel & Völkers, she now leads as our Head of SDRs. *Chief Sales Officer at Vivla* ##### Alvaro López-Cotelo Bringing over 15 years of experience, Co-founder status at Revenue Squared and Real Estate lover, he's revolutionizing our sales approach at VIVLA. *Account Executive* ##### Pepe Ivars Tur With an entrepreneurial spirit, Pepe has independently launched several projects. As one of our top sales executives, he plays a pivotal role in driving the growth of VIVLA. #### Got questions? ##### When can I use my house? You always get 42 days, which are divided differently depending on whether they are beach or mountain houses. Beach: 6 weeks — June-September (high season): 2 weeks; (mid-season): 2 weeks; (low season): 2 weeks. Mountain: 7 stays — Ski season: 17 days divided into 3 stays; 1 stay of five days in high season (December Bridge, Christmas, Epiphany, and Holy Week); 2 stays in mid-season (the remaining ski weeks that are not high season); rest of the year: 3 stays of 6 days and 1 stay of 7 days in July or August. ##### What annual maintenance expenses do I have? They vary depending on each home, typically between 3% and 5% per year of the fraction’s price. For example, if your fraction costs €100,000, the typical monthly maintenance cost would be around €300. ##### Can I leave my things at home? Yes, we have storage spaces available so you can leave some of your things, such as skis in the case of Baqueira. ##### Can I rent my house and generate an income? Yes, it is your house and you can rent it out. We take care of doing it for you so you don’t have to worry about anything, and we do not charge any commission for this. The price is set based on the market. ##### What happens if I want to sell my fraction? You can sell your shares any time after the first 12 months. You decide on the selling price and can sell by yourself. Alternatively, we can fully take care of the sale by finding and selecting buyers, advertising your shares on our website, doing any additional marketing work, and working jointly with real estate agents to finalize the process. ### Privacy Policy - URL: https://www.vivla.com/privacy - Markdown: https://www.vivla.com/privacy.md #### Privacy Policy *Updated May 10, 2022* Thank you for deciding to visit us. We want your experience on our website to be the best it can be. #### Who is responsible for the treatment of your data? **VIVLA LIFESTYLE S.L** B67916957 Calle de Carbonero y Sol, 8, 28006 Madrid info@vivla.com ##### Purposes of the processing of personal data Manage and maintain the business relationship. Allow your registration on the web. Attend to requests for information. Send commercial communications of our own or of third parties, always through Vivla. Conduct surveys to learn more about the products you offer. Conduct satisfaction surveys. ##### Source Provided by the user himself. Obtained by browsing the website. ##### Legal basis The execution of the contract with the user. The legal obligations of Vivla. The legitimate interest of Vivla, in relation to those processings necessary for the fraud prevention during the contracting, or commercial communications related to its products or services. The user's consent for the surveys. ##### Data transfers All are necessary for the fulfillment of the above mentioned purposes, or are carried out in compliance with a legal obligation. Public administrations, suppliers for the provision of the requested services, companies and collaborating entities. #### Data Subjects' Rights We inform you that you can exercise, where appropriate, the rights of access, rectification or deletion, limitation of processing, opposition, to the portability of the data or not to be subject to a decision based solely on the automated processing, as well as to withdraw the consent given. #### Identification of the Controller VIVLA LIFESTYLE S.L is the Controller of the processing of your personal data in order to provide you the services identified in this website vivla.com VIVLA LIFESTYLE S.L, is a company domiciled at Calle de Carbonero y Sol, 8, 28006 Madrid and its Tax ID number is B67916957. Vivla is committed to the fundamental right to the protection of your personal data and this privacy policy is intended to inform you of your rights. ##### What information will we collect from you? You should be aware that there are different ways to collect personal data: ##### The data you provide directly to us. We collect information about you when you contact us though the channels provided for this purpose, such as the register or contact form. When you contact us through these channels, we will ask for your consent to obtain your email address, your mail, name and surname. In case we have a telephone meeting, we may ask you for additional information about your person, such as tastes and hobbies, lifestyle, etc. in order to offer you the products that best suit you. All the fields marked with an asterisk (*) in the forms provided will be mandatory, the omission of any of them could lead to the impossibility of us being able to provide the services requested. You must provide truthful information, and it is forbidden to impersonate anyone or to use an alias or anonymous name. You may not, when providing any information that may be requested from you, choose expressions that are offensive, coinciding with brands, tradenames, names or pseudonyms of public figures or celebrities for whose use you are not authorized. It is essential that you keep your reference data, passwords and access codes generated at all times. You will be solely responsible for the use of your personal account, and in this respect you undertake to make diligent use of this information, not to make it available to third parties, and to inform us, without delay, of its loss or theft. In order to ensure that the information provided is always up to date and free of errors, you must notify Vivla as soon as possible of any changes to your personal data. Likewise, by clicking on the "I accept" (or equivalent) button incorporated in the aforementioned forms, you declare that the information and data you have provided are accurate and truthful. ##### Data obtained indirectly. When you browse, different cookies and other tracking devices may be installed on your device, as explained in our Cookies Policy. ##### What is the source of your data? We consider that all the data processed by Vivla has been provided to us freely. In the event that the personal data provided is from a third person, you guarantee that you have informed them of this Privacy Policy and have obtained their authorisation to provide the data to Vivla for the purposes indicated above. You also guarantee that the information provided is accurate and up to date, and you are responsible for any direct or indirect damage or harm that may be caused as a result of non-compliance with this obligation. ##### How will we use your personal information and what services will we provide you? Vivla acts as the controller of the personal data for the following purposes: Based on the management of the contractual or precontractual relationship: To manage the acquisition of the products that we offer on our Website and to attend to any type of incident or request derived from the same, and carry out any management related to the shipment or after-sales service. To manage your registration as a user on our website, as well as allow your access to the private area. To provide you with the services you have requested and to attend to your requests for information, as well as to facilitate the exercise of your rights. Based on the existence of a legitimate interest of Vivla: To send you promotions for future bookings/purchases. To keep you informed about the products and services of Vivla, as well as to send you news, events and other activities that we carry out in Vivla, by conventional and/or electronic means (e-mails, SMS, …), related to the products or services that we carry out and that may be of your interest. To carry out periodic reviews of our services and carry out satisfaction surveys in order to evaluate and improve the quality of the service we provide. Carry out internal reviews and, if necessary, contact the client in the event that a possible fraud or identity theft is detected or there are well-founded suspicions. However, if you do not wish your data to be processed for these purposes, you may object at any time by contacting us at info@vivla.com as indicated in the Rights Management section of this Privacy Policy. ##### On the basis of the explicit, free and unequivocal consent that you give us at the time of collecting your data: Carry out segmentation and profiling tasks according to your interests. If applicable, to keep you informed about products and services of third parties, always sent through Vivla, and provided that you have given us your explicit consent to do so, by conventional and/or electronic means (emails, SMS, …), regarding entertainment, travel, culture, art, music, gastronomy, environment, sport or technology. However, if you do not wish your data to be processed for any of these purposes, you may object at any time by contacting us at info@vivla.com, as indicated in the Rights Management section of this Privacy Policy. #### Data transfers and international transfers. All transfers of personal data that we carry out are necessary for the fulfilment of the above-mentioned purposes, or are made in order to fulfil a legal obligation: To public administrations and the administration of justice, and to law enforcement agencies in compliance with the legal obligations applicable to us. To the courier companies we work with to deliver your orders. Companies providing payment services (banks, payment gateways, etc.), in case the customer makes a payment through the service offered by one of these companies. Companies providing IT services, tools or IT infrastructure on which the services provided by Vivla are based, such as hosting providers, CRMs, emailing service companies, etc. In this regard, we inform you that any transfer will be made taking into account all the necessary legal safeguards. We also guarantee that we sign specific contracts with all our service providers as established by the regulations. Furthermore, Vivla guarantees that the necessary safeguards are in place to ensure that the data can be transferred securely, either because the provider offers adequate guarantees, through, among others, the signing of Standard Contractual Clauses of the European Commission, or any of the exceptions contained in the regulations. #### Exercising your rights. We inform you that you will be able to exercise the following rights: ##### Rights of access to your personal data to know which ones are being processed and the processing operations carried out with them. ##### Right to rectify any inaccurate personal data. ##### Right to delete your personal data, where possible. ##### Right to request limitation of the processing of your personal data when the accuracy, legality or necessity of the data processing is in doubt, in which case, we may retain the data for exercise or defence of claims. Right to object to automated decision making, including profiling. Right to object to the processing of your personal data when the legal basis that enables us to process them is the legitimate interest. ##### The right to the portability of your data when the legal basis that enables us to process them is the existence of a contractual relationship or your consent. Right to revoke the consent granted to Vivla. You can exercise your rights at any time and for free in the following ways: By sending an e-mail info@vivla.com indicating the right you wish to exercise and your identification data. By sending a written request to the address Calle de Carbonero y Sol, 8, 28006 Madrid indicating the right you wish to exercise and your personal data. In addition, when you receive any communication from us, by clicking on the unsubscribe section that will contain that communication, you can unsubscribe from all previously accepted commercial communications. We also inform you that you have the right to file a complaint at the Spanish Data Protection Agency, Spanish Data Protection Authority, if you believe that we have breached the applicable data protection legislation regarding the processing of your personal data. In addition, we inform you that you can sign up for the Robinson List at www.listarobinson.es: the advertising exclusion system managed by the Spanish Association for the Digital economy (ADIGITAL), where you can register in order to show your opposition to your data being used for the purpose of sending you commercial communications. #### Retention periods and Cookies. We will only keep your data for as long as necessary to provide you with these services. Any of the data you provide us through the channels will be blocked as long as they are no longer necessary to manage the service and will only be available if there is a legal obligation (derived from a request from the appropriate authorities) and when you exercise your rights. Regarding the personal data obtained through the Vivla channels, Vivla uses Cookies according to the Cookies Policy that you can consult here. #### Security and confidentiality. We are dedicated to the security of your information. In order to prevent unauthorized access or unauthorized disclosure of personal data, we have undertaken appropriate technical and physical measures and management processes to safeguard and secure the information we collect from you. #### Minors Minors under 18 years of age may not use the services available through the Website. #### Update of the privacy policy We do our best to keep our privacy policy fully updated on a monthly basis. If we make changes, they will be clearly identifiable in a conspicuous manner (for example: we may communicate changes to you by email). This privacy policy has been reviewed and published as of May, 10, 2022. ### Sobre nosotros - URL: https://www.vivla.com/sobre-nosotros - Markdown: https://www.vivla.com/sobre-nosotros.md ## Blog ### Eighty Summers: The Calculation Nobody Does - URL: https://www.vivla.com/blog/ochenta-veranos - Markdown: https://www.vivla.com/blog/ochenta-veranos.md - Published: 26 de agosto de 2026 - Reading time: 7 min The calculation almost nobody does before buying a house. Someone said it over dinner, without giving it any importance, and it stays with you far longer than it should: "If all goes well, you have about eighty summers left." Eighty. Not eighty years. Eighty summers. Eighty times the air changes at the end of June. Eighty times you pack a bag that is far too big. Eighty times someone says "shall we get in?" and you say yes. And then they run out. Life expectancy in Spain stands at 84 years. That is the INE figure, and one of the highest in the world: more than ten years of life gained since 1975. Eighty-four summers, then, with luck. Round it down to eighty, because you will not remember the first three or four. Eighty little squares. They fit on a napkin. Your eighty summers Your age: 42 At 42, half the grid is already spent. Summers already lived This summer The ones left Move the age slider and look at how many squares are left on the right. Basis: life expectancy in Spain, 84 years (INE), rounded to 80 memorable summers. If you are 42, half of it is already spent. Not in a dramatic sense — well spent, most likely — but spent. That part, more or less, everyone senses. What nobody senses is the second calculation. Summers are not distributed evenly In 2015 a writer named Tim Urban published an essay with a very simple idea: instead of measuring your life in years, measure it in times. How many more times you will see the sea. How many more books you will read. How many more dinners you will have with your mother. He ran the numbers on his parents. He lived far away, saw them about ten days a year, and they were in their mid-sixties. This is what came out: The day he left home, at 18 93 % He had already used up 93% of all the in-person time he would ever spend with his parents. Not 50%. 93%. At 18, with his whole life ahead of him and almost all of the time with them already behind. Now turn it around and put yourself on the other side of the table. If you have children, 93% of all the time you will spend in the same room as them happens before they turn 18. Time-use data confirms it from another angle: time spent with your children peaks in your thirties and falls from there. It does not taper. It falls. And there is no argument involved. Nobody leaves angry. One year there is university, then a year abroad, then a flatshare, then a job in another city, then a partner with another family and other plans for August. Eighteen summers, twelve good ones, six months This is where the maths gets genuinely uncomfortable. And it is worth saying plainly: this is a napkin, not a study. You have 18 summers with a child under your roof. Eighteen. That is not an estimate, it is arithmetic. Of those 18, they will not remember the first three. The last three already belong to them: friends, festivals, a first summer job, a boyfriend or girlfriend. That leaves twelve. Twelve summers in which you are, literally, their entire world. Now look at your actual calendar. In Spain the legal minimum is 30 calendar days of holiday a year. Of those, with luck, half fall in summer and fall at the same time as theirs. Fifteen days. Being generous. 12summers in which you are their entire world × 15summer days that genuinely overlap = 180days in total. Six months. Less than a pregnancy. That is all the summer you will ever share with your child. Added up. In full. And that half-year either holds — or fails to hold — everything they will describe thirty years from now when someone asks them where they come from. The wrong question At VIVLA there are a lot of conversations about houses. They start with price, location, returns. Sensible things. But at some point, in almost all of them, the subject shifts without anyone announcing it. And it stops being about the house. The second-home industry has spent decades answering the wrong question. The question the buyer is asked is "how much house can you afford?". The question they are asking themselves, even if never in those words, is "how many summers do I have left and what do I do with them?". They are not the same question. And the first one leads to some fairly bad decisions. Because a whole house does not give you more summer. It gives you twelve months of responsibility in order to use four weeks. The boiler goes, the pool, the residents' association, the insurance, the person who opens up in May, the pine tree that came down, the phone call in September. Plus a very specific kind of guilt: the house is empty. You have to go. Even though this year you fancied Greece. Nobody buys a house in order to acquire an obligation in August. But it is what an enormous number of people end up with. And there is something more uncomfortable still: however big the house, you can only be in one place at a time and you only have 30 days. By the pure arithmetic of your own calendar, a whole house sits empty more than 90% of the year. That is not the owner failing. It is the model. ■ What your calendar can use: ~8% of the year □ What you pay for: 100% You are paying 100% of something your life can only use 8% of. What the research says Two things are worth having on the table before making a decision like this. 57 % Experiences over things 57% of people said their experiential purchase had made them happier, against 34% who chose the material one. The reason is not sentimental, it is mechanical: you get used to things, you do not get used to memories. And there is a bonus almost nobody counts: anticipation. Waiting for an experience brings more joy than waiting for an object, so May and June count too. They are also summer. Van Boven & Gilovich, Cornell · Journal of Personality and Social Psychology, 2003 87 Years following the same families The longest longitudinal study of human life that exists. After almost nine decades, the conclusion is so simple it is almost offensive: what predicts whether you will be healthy and happy at 80 is not money, or status, or cholesterol. It is the quality of your relationships at 50. Harvard Study of Adult Development, running since 1938 Translated: the hours you put into the people you love now are the only investment with that return. An eighth is more time than you have What you buy at VIVLA is a fraction of a house. An eighth, a quarter, a half. With a deed, a notary and your name on the register. And the objection that always comes up, on the first call, is the same one: "yes, but it isn't entirely mine". That is understandable. But it is worth running the numbers one last time. 6weeks a year of real use with an eighth against 4weeks of holiday you actually have An eighth of a house is more time than you have. Buying the whole house would not have given you a single extra day of summer with your children. It would have given you eight times the bill and twelve months of management for exactly the same days on the beach. You are not buying less house. You are buying only the part your life is capable of using. And the rest — the money that did not go on a boiler breaking down in February, when you are not there — stays where it should: in another summer, somewhere else, in bringing the grandparents, in having room for the cousins. The twelfth summer None of this is written to rush anyone. Urgency is a poor adviser and a worse salesman, and a decision like this should not be made with a knot in your stomach. It is written because the calculation changes something. Eighty summers is not many. But it is eighty. It is a real number, it is yours, and most people have never looked at it. Looking at it is not depressing: it is the one thing that turns an ordinary summer into a decision, instead of something that simply happens. This August someone in your house is going to say "shall we get in?". It is one of the ones you have left. Say yes. See available homes How co-ownership works The calculations in this article are illustrative estimates built on the assumptions stated in the text (life expectancy in Spain according to INE, the legal minimum of 30 calendar days of annual holiday under the Spanish Workers' Statute, and an average split of days across seasons). They are not personal projections and not advice of any kind. The weeks of use attached to each share are governed by the contractual documentation of each home. ### Menorca: Ibiza's Calmer, Greener Sister - URL: https://www.vivla.com/blog/menorca-guia-para-compradores - Markdown: https://www.vivla.com/blog/menorca-guia-para-compradores.md - Published: 23 de julio de 2026 - Reading time: 7 min If Ibiza is energy, Menorca is calm. A UNESCO Biosphere Reserve — greener, quieter, more family — with some of the least built-up coast in the Mediterranean, and entry prices that still make sense. Destinations · 20 August 2026 · VIVLA Menorca has been a UNESCO Biosphere Reserve since 1993, and that single designation explains most of what you see: unbuilt coves, a bridle path that rings the entire island, and a property market that grew slowly instead of vertically. Two historic towns at each end. A rugged, windswept north. A softer, sandier south. Menorca is small enough to cross in under an hour and structured enough that choosing a zone really does choose a lifestyle. What follows: the areas by vibe, the nature and the food, what the property stock actually looks like, when to come, and how to own a share of it rather than the whole thing. Key takeaways Calm over scene. Greener, quieter and more family-oriented than Ibiza, with Biosphere protection guarding the coast. Four distinct zones: Mahón for connections, Ciutadella for character, the south coast for beaches, the north coast for wildness. Gentler entry prices than Ibiza across the island, though prime coastal villas still command strong figures. Sharply seasonal. June to September is the window; much of the island turns inward in winter and flight routes thin out. Co-ownership from 150.000 € for a 1/8 titled share carrying six weeks a year (VIVLA listings, 20 August 2026). TL;DR — Menorca for buyers in 60 seconds The island divides east–west. Mahón holds the capital, the airport and year-round life around one of the world's great natural harbours. Ciutadella, at the far end, is the honey-stone old town where the evenings happen. The south coast has the white-sand coves and most of the coastal villa stock; the north coast is red earth, Tramuntana wind and near-empty beaches. Stock runs from inland farmhouses to modern coastal villas and town apartments, at prices below Ibiza's across the board — a large part of why buyers look here at all. Best months are June to September, with direct flights into Mahón (MAH) concentrated in the warm half of the year. If honest usage is a few weeks a year, co-ownership is the arithmetic that works: VIVLA shares on the island run 150.000 € to 190.000 € for one eighth of a real, titled home (VIVLA listings, 20 August 2026). Map & highlights Roughly 50 km end to end, Mahón in the east and Ciutadella in the west. The Camí de Cavalls, an ancient bridle path, rings the entire coastline — about 185 km of waymarked trail linking one cove to the next. Nowhere on the island is more than 30–45 minutes from the airport. Map of Menorca: main areas, towns, coves and Mahón Airport Outline map of Menorca showing the four main buying zones, Mahón and Ciutadella, the southern coves, the north coast, Mahón Airport and the VIVLA co-owned homes at Son Parc and Coves Noves. NORTH — TRAMUNTANA WEST — CIUTADELLA SOUTH — THE COVES EAST — MAHÓN Cala Pregonda Cala Morell Cala Galdana Cala Macarella Cala en Turqueta Son Bou Es Grau Cap de Cavalleria Monte Toro Cap de Favàritx Mahón (Maó) Ciutadella Es Mercadal Alaior Ferreries Fornells SON PARC COVES NOVES Mahón Airport (MAH) Mahón Airport (MAH) Towns & villages Coves Nature & landmarks VIVLA homes Coastline: Natural Earth 1:10m (public domain). Place coordinates: WGS84. Zone names are descriptive, not administrative. VIVLA home locations from each listing page, 20 August 2026. The main areas — vibe & highlights Four zones cover almost every serious buying decision on the island. East · Connections Mahón (Maó) The capital, wrapped around one of the world's great natural harbours — a long, deep inlet lined with restaurants and a working port, with Georgian traces left over from the island's British chapter. Close to the airport and the practical heart of Menorca: the sensible base for buyers who want good connections and year-round life rather than a summer-only bolthole. West · Character Ciutadella The historic, more romantic end: a honey-stone old quarter, a pretty port lined with restaurants, and the most atmospheric evenings on the island. For buyers who want culture and a sense of place, this is the emotional heart. It sits further from the airport than Mahón — most people decide the old town is worth the extra half hour. South · Beaches The south coast Softer landscapes and the famous white-sand coves — Macarella, Galdana, Turqueta — backed by pine woods and turquoise water. Most of the coastal villa and apartment stock sits here, and it is the most family-friendly stretch: more built infrastructure than the north, and a short walk or drive to a proper beach. North · Wild The north coast Wilder, rockier, far less developed — red-earth landscapes, strong Tramuntana wind, dramatic light. For buyers who want nature and space over polish, the north delivers a Menorca that feels genuinely remote. Properties trade a little convenience for seclusion, and the beaches, when you reach them, are the most striking on the island. Culture, nature & dining Menorca's identity is bound up with its landscape. The whole island is a UNESCO Biosphere Reserve, and the Camí de Cavalls lets you walk from cove to cove, section by section, without ever leaving the coast. There is deep history inland too, in the talayotic sites: prehistoric stone monuments unique to the island, scattered across the countryside and older than many of Europe's better-known ruins. On the plate, Mahón cheese is the calling card — tangy, aged, protected by its own denomination — alongside a growing table of restaurants working with island produce and the daily catch. This is a place for slow days and long dinners rather than late nights, which is precisely the appeal for the people who fall for it. What kind of property to expect Traditional farmhouses. Inland stone houses with thick walls and working land around them. The most characterful stock on the island, and the one where planning status and legalisation of extensions need checking before you commit. Coastal villas. Concentrated near the southern coves and in the northern residential enclaves. Newer builds increasingly combine island materials with contemporary layouts and private pools. Town apartments. In and around Mahón and Ciutadella. The realistic entry point if the priority is walkable life and year-round services rather than a garden. Residential enclaves. Gated communities such as Sa Llosa Homes in Son Parc, in the north: 50 chalets of three and four bedrooms, built with island materials inside pine woods (VIVLA listing, 20 August 2026). The market here is quieter and more affordable than Ibiza's, and that gap is a large part of why buyers look at Menorca at all. Prime coastal villas still command strong prices, but the entry point across the island is gentler — and the maths that pushes people towards co-ownership is the same everywhere: a second home used six weeks a year is expensive capital sitting idle for ten months. Best time to go & getting there JuneWarm water, fewer crowds, everything open. Sant Joan in Ciutadella — rearing horses through the streets — is the cultural fixture of the year. July & AugustPeak season: full beaches, full restaurants, highest prices. This is when the quiet north stops being a compromise and starts being an advantage. SeptemberThe owners' month. Sea still warm, roads clear, restaurants open and the island exhaling after the rush. October to MayThe island turns inward: many businesses close and flight routes thin out. It is also the best test of whether a zone really works for you. Menorca is genuinely more seasonal than Ibiza or Mallorca. Mahón airport (MAH) sits beside the capital and nowhere on the island is more than 30–45 minutes away; direct flights connect to European and UK hubs mainly in the warmer months, with routes thinning noticeably in winter. Ferries to Mallorca and the mainland run alongside, and are the practical option if you are bringing a car. VIVLA in Menorca The island, co-owned. Real homes with real title deeds, on the quietest coast in the Balearics. Every share is one eighth, carrying six weeks a year. Swipe to explore → ← → Coves Noves · North coast Casa Coves 190.000 € · 1/8 share 5 bed4 bath203 m² View home → Son Parc · North coast Casa Son Parc 155.000 € · 1/8 share 4 bed3 bath224 m² View home → ================================================================ --> Request more information See all Menorca homes Shares shown are 1/8, each carrying 6 weeks a year. Prices as published on each home's page on 20 August 2026 and subject to change — check the listing for current availability. Frequently asked questions Is Menorca a good place to buy? Yes — for calm, nature and value rather than scene. It is quieter and more affordable than Ibiza, and UNESCO Biosphere protection guards the coastline that makes it special. The trade-off is seasonality: the island slows down considerably between October and May, so it suits buyers whose usage is concentrated in the warm months, or who actively want a quiet winter base. How much does a villa in Menorca cost? Less than Ibiza overall, though prime coastal villas still run high. Co-ownership changes the entry ticket entirely: a 1/8 share of a VIVLA home on the island runs from 150.000 €, with Casa Coves in Coves Noves at 190.000 € (VIVLA listings, 20 August 2026). Menorca or Ibiza? Menorca for calm, nature and family life; Ibiza for energy, scene and glamour. Menorca is greener, less built and cheaper to enter; Ibiza has denser winter connectivity and a far bigger restaurant and nightlife economy. Buyers who value quiet, and who will use the house with children, tend to prefer Menorca. Are there direct flights to Menorca? Yes, mainly in the warmer months, from a range of EU and UK hubs into Mahón airport (MAH). Winter routes are limited, reflecting the island's seasonality — plan off-season trips around a connection through Madrid, Barcelona or Palma. Ferries to Mallorca and the mainland run alongside. Can I co-own a home in Menorca? Yes. VIVLA structures each property as its own Spanish company, with Tier 1 firm in Spain as legal partner, divided into eight shares. What you acquire is a titled 1/8 share and the six weeks a year attached to it — not a timeshare and not a use licence. Purchase, legal structure, maintenance and scheduling are handled for you, and shares can be resold without a new deed. Current homes on the Menorca page. This guide is general information about the Menorca property market and the VIVLA co-ownership model. It is not legal, tax or investment advice. Prices, flight schedules and availability carry the date of the source cited and change over time. Before acquiring any property or share, take independent legal and tax advice for your own circumstances and jurisdiction of residence. ### Ibiza: The Complete Guide for International Buyers - URL: https://www.vivla.com/blog/ibiza-guide-for-buyers - Markdown: https://www.vivla.com/blog/ibiza-guide-for-buyers.md - Published: 21 de julio de 2026 - Categories: destinos - Reading time: 9 min > The complete Ibiza guide for buyers: best areas, what villas cost, the culture and food, when to visit and how flights work — plus co-ownership with VIVLA. You have probably been to Ibiza. You have probably not looked at it as a place to own something, which is a completely different exercise — because the version of the island you meet in August is the version designed for people who leave after ten days. This guide is written for the second exercise. Where the zones actually are and who each one suits, what property costs and why, what the island offers when the clubs are closed, when to come, and how hard it really is to get here in February. Prices, flight counts and distances all carry their source and date, so you can check them rather than take them on faith. ##### TL;DR — Ibiza for buyers in 60 seconds Ibiza is expensive and structurally supply-constrained. Houses ask around 8,843 €/m² and apartments 6,729 €/m² (Engel & Völkers, 23 June 2026), against a Spanish national average of 2,517 €/m² (Idealista). Across the Balearics as a whole, the average transaction price hit 4,173 €/m² in Q1 2026, up 10.3% year on year (API Baleares / Idealista, Q1 2026). Ibiza sits comfortably above that. A typical island transaction is around 1.1 M€ — roughly five times the Spanish average. Geographically it is simple. The southwest coast (Sant Josep, Es Cubells, Cala Jondal, Cap Martinet) is where the trophy villas and the highest prices are. The centre (Santa Gertrudis, Sant Rafel) is the balanced option: village life, restaurants, and the shortest drive to the airport. The north (Sant Joan, Santa Agnès, Sant Miquel) is the quiet, rural, cheaper half. Ibiza Town gives you a walkable city and a UNESCO-listed old quarter. Santa Eulària is the family town with actual year-round services. ##### Map & highlights Ibiza is 572 km² — smaller than the Isle of Wight, larger than Malta. That scale matters more than any other single fact when you buy here: the island is small enough that you are never structurally cut off from the airport, the hospital or a good restaurant, so "remote" on Ibiza means fifteen extra minutes of driving, not a change of lifestyle. The airport sits in the flat southern plain next to the Ses Salines salt pans; almost everything else radiates north from it. Map of Ibiza: main areas, coves, Dalt Vila and Ibiza Airport Outline map of Ibiza and Formentera showing the five main buying zones, the principal towns and coves, Ses Salines, Es Vedrà and the location of Ibiza Airport (IBZ). ↓ FORMENTERA NORTH — SANT JOAN CENTRAL INTERIOR EAST — SANTA EULÀRIA SOUTHWEST — SANT JOSEP IBIZA TOWN Ibiza Airport (IBZ) Ibiza Town / Dalt Vila Santa Eulària des Riu Santa Gertrudis Sant Antoni Sant Josep Sant Joan de Labritja Sant Miquel Cala Benirràs Cala Comte Cala Jondal Cala d'Hort Cala de Sant Vicent Es Vedrà Ses Salines Ibiza Airport (IBZ) Towns & villages Coves Nature & landmarks Coastline: Natural Earth 1:10m (public domain). Place coordinates: WGS84. Zone names follow the island's municipal boundaries and are indicative, not administrative. ##### The main areas — vibe & highlights Five zones cover almost every serious buying decision on the island. - **Santa Gertrudis & the central interior. **The default answer for buyers who want the island without the season. A single village square of restaurants and galleries, agricultural land around it, and 18 minutes to the airport (Rome2Rio, 2026) — the shortest drive of any residential zone. Fincas and modern villas on large plots. This is where people who live here year-round tend to end up. - **Santa Eulària des Riu. **The most town-like option: a promenade, a marina, international schools nearby, supermarkets that stay open in winter. Quieter than Ibiza Town, better serviced than the north. 22 km and roughly 22 minutes from the airport, with an hourly direct bus. The pragmatic family choice. - **Sant Josep & the southwest coast. **Es Cubells, Cala Jondal, Cala Conta, Cap Martinet. The highest values on the island and the sunsets everyone photographs, with Es Vedrà offshore. Villas here regularly achieve 10,000–20,000 €/m². Also the busiest coastline in July and August. Sant Antoni sits at the northern end of this municipality, 23 minutes from the airport. - **Sant Joan de Labritja & the north. **The rural half: terraced hillsides, small coves like Benirràs and Cala de Sant Vicent, hippy-market culture at Las Dalias and Sant Joan's Sunday market. The lowest average prices on the island — spainhouses.net puts Sant Joan de Labritja at 6.697 €/m² against an island average of 8.890 €/m² (13 July 2026). The trade-off is distance: Cala de Sant Vicent is 38 km from the airport, roughly 35–40 minutes. - **Ibiza Town (Eivissa). **Dalt Vila, the walled upper town, plus Marina Botafoch and Talamanca. The only genuinely walkable option, and the only one where you can live without a car. Marina Botafoch and Talamanca have recorded the island's highest average asking prices by district. Five minutes from the airport to Platja d'en Bossa; ten to fifteen to the old town. ##### Culture, nature & Michelin-star dining Dalt Vila, the fortified upper town of Eivissa, has been a UNESCO World Heritage Site since 1999 under the listing "Ibiza, Biodiversity and Culture" — a designation that covers not only the Renaissance walls but the Posidonia seagrass meadows offshore and the Phoenician site at Sa Caleta. It is the reason the water here is the colour it is: Posidonia filters it. On the natural side, the Ses Salines natural park in the south protects the salt pans, the dunes and the channel across to Formentera. Es Vedrà, the limestone islet off the southwest coast, is the island's visual signature. The north holds the coves worth the drive — Benirràs, Cala Xarraca, Cala d'en Serra. The food scene has grown up considerably. Three Ibiza restaurants hold a Michelin star in the 2026 guide: La Gaia at the Ibiza Gran Hotel under chef Óscar Molina, Omakase by Walt in Ibiza Town, and Unic in Sant Josep. That is down from five in the previous edition — Es Tragón and Etxeko by Martín Berasategui both lost the distinction because they were not operating when the guide was compiled, with Es Tragón relocating (Guía Michelin 2026, vía Diario de Ibiza, noviembre 2025). Two of the three are within fifteen minutes of Ibiza Town, which is a mild but real argument for buying in the east half of the island. And then the markets: Las Dalias in Sant Carles on Saturdays, Punta Arabí in Es Canar on Wednesdays. Both survive from the island's 1970s counterculture and both are now firmly part of its commercial calendar. ##### What kind of property to expect Three broad categories, with very different price behaviour. - **Fincas payesas. **Traditional whitewashed farmhouses with thick walls and small windows, usually inland and usually on agricultural land. Restored examples in the centre and north are the most characterful stock on the island. They are also the most complicated: planning status, legalisation of extensions and water rights all need checking before you commit. - **Modern villas. **The dominant premium product — flat roofs, glass, infinity pools, often built or influenced by studios like Blakstad. A four-to-six-bedroom villa with a pool and sea views in the southwest lists between 3 M€ and 10 M€, with the architecturally significant builds going well beyond. - **Apartments. **Concentrated in Ibiza Town, Marina Botafoch, Talamanca, Playa d'en Bossa and Santa Eulària. Average 6.729 €/m² (Engel & Völkers, June 2026). The realistic entry point to the island, and the only category where sub-500.000 € still buys something reasonable. Here is the structural problem for anyone shopping the middle of that range. Ibiza's supply is capped by planning restrictions and by the simple fact that the island is 572 km². Prices have risen accordingly — Balearic transaction prices were up 10.3% year on year in Q1 2026. If your honest usage is six or eight weeks a year, spending 3 M€ to leave a villa empty for ten months is a poor allocation of capital, and the market gives you no discount for the empty months. That is the gap co-ownership is built for, and it is the reason VIVLA operates on the island at all. More on the mechanics further down. ##### Best time to go — seasonality & events Ibiza's calendar is unusually sharp for a Mediterranean island. Understanding it is half of understanding the property market. - **July–August — peak. **Everything is open, everything is full, and everything costs more. Roads to the southwest coast are genuinely slow. This is when a house in the quiet north stops being a compromise and starts being an advantage. - **May–June and September–October — the shoulders. **The island most owners actually prefer. Water is warm from June through October, restaurants are open, and you can park. If you are visiting to assess a purchase, come in one of these windows and again in July, so you see both versions. - **November–April — off-season. **Much of the tourist infrastructure closes. Santa Eulària, Ibiza Town and Santa Gertrudis keep functioning year-round; the resort strips largely do not. Winter here is mild and quiet, and it is the single best test of whether a zone works for you. Season openings and closings at the major clubs bracket roughly May to October, and the island's biggest cultural fixture, Sant Joan's midsummer, falls on 23–24 June. The practical implication for buyers: viewing trips in the shoulder season give you access to agents and vendors who are unreachable in August. ##### Distances & travel — airport and flights Nowhere on Ibiza is far from Ibiza Airport (IBZ). Approximate drive times, no traffic (Rome2Rio, 2026): - **Platja d'en Bossa: **5 minutes - **Ibiza Town: **10–15 minutes - **Santa Gertrudis: **18 km, 18 minutes - **Santa Eulària des Riu: **22 km, 22–25 minutes - **Sant Antoni: **19 km, 23 minutes - **Cala de Sant Vicent (far north): **38 km, 35–40 minutes Air connectivity is the part that surprises people, because it is two different airports depending on the month. In summer, IBZ serves around 87 non-stop destinations across 19 countries with roughly 40 airlines, at about 1,120 flights a week (FlightConnections / FlightsFrom, July 2026). Ryanair alone runs around 122 weekly departures. Busiest routes are Palma, Barcelona and Madrid; the biggest international ones are Amsterdam and Paris-Orly. In winter the schedule contracts hard, to the year-round Spanish links — Madrid, Barcelona, Palma — plus a small number of European city routes. Plan an off-season trip around a connection through Madrid or Barcelona rather than assuming a direct flight. There are no scheduled long-haul services from the Americas, Asia or Oceania; the only intercontinental route is a seasonal one to Tel Aviv. Ferries from Dénia, Valencia and Barcelona run year-round and are the practical option if you are bringing a car. ##### Owning a home in Ibiza with VIVLA If you have read this far, the arithmetic is probably already bothering you. A villa that works on this island costs several million euros, and you are going to use it for six weeks a year. VIVLA exists to close that gap. Each property is set up as its own company, with Tier 1 firm in Spain as legal partner, and divided into eight shares. What you acquire is an equity stake plus a shareholder loan, and the usage rights attached to it — not a timeshare, not a use licence, and not a booking. Entry into the portfolio starts from around 135.000 €. A share of a home valued at roughly 800.000 € sits around 150.000 €. Purchase, legal structure, maintenance and the scheduling calendar are handled for you, and there is an annual management fee covering the running of the house. When you sell your share, no new deed is issued. VIVLA in Ibiza The island, co-owned. Real homes with real title deeds, on one of the tightest property markets in the Mediterranean. Every share is one eighth, carrying six weeks a year. → Swipe to explore ← → Sant Josep · Cala Tarida Casa Tarida 190.000 € · 1/8 share 3 bed2 bath186 m² View home→ Under construction Santa Eulària · Cala Llenya Casa Luma 315.000 € · 1/8 share 4 bed3 bath274 m² View home→ Under construction Santa Eulària des Riu Casa Wave Seaside 260.000 € · 1/8 share 3 bed2 bath120 m² View home→ Talk to our Ibiza team See all Ibiza homes Shares shown are 1/8, each carrying 6 weeks a year. Prices as published on each home’s page on 21 July 2026 and subject to change — check the listing for current availability. ##### Frequently asked questions **Is Ibiza a good place to buy property?** Ibiza is one of the tightest and most expensive residential markets in the Mediterranean. Houses ask around 8.843 €/m² and apartments around 6.729 €/m² (Engel & Völkers, June 2026) — roughly three times the Spanish national average of 2.517 €/m² (Idealista). Buildable land is capped by planning rules and the island is small, so supply does not expand easily. That has supported prices, but it also means high entry tickets and thinner liquidity than the mainland. It suits buyers with a long horizon who will genuinely use the house. **How much does a villa in Ibiza cost?** A four-to-six-bedroom villa with a pool and sea views in the southwest typically lists between 3 M€ and 10 M€. Prime coastal plots achieve 10.000–20.000 €/m², with ultra-prime builds going beyond that. Inland and northern villages are materially cheaper. The typical island transaction is around 1,1 M€, about five times the Spanish national average. **Which area of Ibiza is best to live in?** It depends how much noise you want. Santa Gertrudis and the central interior are the safest all-round choice — villages, restaurants, 18 minutes to the airport. Santa Eulària suits families wanting a town with year-round services. Sant Josep and the southwest hold the highest-value villas and the best sunsets, at the highest prices. Sant Joan in the north is the quietest and the furthest out, at 35–40 minutes. Ibiza Town works if you want walkable city life and Dalt Vila on your doorstep. **Are there direct flights to Ibiza?** In summer, heavily so: around 87 non-stop destinations across 19 countries with about 40 airlines, roughly 1.120 flights a week at peak (FlightConnections / FlightsFrom, July 2026). Ryanair, easyJet, Vueling, Iberia and Jet2 carry most of it. Winter is a different airport — the schedule contracts to Madrid, Barcelona and Palma plus a handful of European routes. There are no direct long-haul services from the Americas or Asia; those connect through Madrid or Barcelona. **Can I co-own a home in Ibiza?** Yes. VIVLA structures each property as its own company, divided into eight shares, with Tier 1 firm in Spain as legal partner. You acquire an equity stake plus a shareholder loan and the usage rights that come with it, rather than the whole villa. Entry starts from around 135.000 €, and a share of a home valued at roughly 800.000 € sits around 150.000 €. Management, maintenance and scheduling are handled for you, and shares can be resold without a new deed. *This guide is general information about the Ibiza property market and the VIVLA co-ownership model. It is not legal, tax or investment advice. Prices, flight schedules and market data carry the date of the source cited and change over time. Before acquiring any property or share, take independent legal and tax advice for your own circumstances and jurisdiction of residence.* ‍ ### Fractional Ownership in Spain: For Sale, How It Works & What It Costs - URL: https://www.vivla.com/blog/fractional-ownership-spain - Markdown: https://www.vivla.com/blog/fractional-ownership-spain.md - Published: 20 de julio de 2026 - Categories: copropiedad - Reading time: 9 min > How fractional ownership works in Spain, what a share really costs, and how to buy one. VIVLA gives you a titled 1/8 stake in a real home, not a timeshare. Two numbers decide whether fractional ownership makes sense for you. The first is how many weeks a year you would actually use a second home in Spain. The second is what that home costs to own outright. Run them together and the arithmetic gets uncomfortable. A buyer of an €800,000 villa in Mallorca typically uses it 6 to 8 weeks a year. They pay 100% of the price, 100% of the transfer taxes and 100% of the running costs for roughly 13% of the calendar. The other 44 weeks, the house sits empty and still bills them. Fractional ownership corrects that ratio. You buy the share of the home you will use, and you pay for the share of the home you own. This guide covers what you are actually buying, what a share costs in Spain, what is on the market, and how the purchase works step by step. If you want the concept from scratch first, start with the deep dive on [what fractional ownership is](https://www.vivla.com/blog/what-is-fractional-ownership). This page is for when you already know the model exists and want the price. **TL;DR: fractional ownership in Spain in 60 seconds** Fractional ownership is legal co-ownership of one specific property. With VIVLA, each home is held by a Spanish SL — a Sociedad Limitada — structured with Tier 1 firm in Spain and divided into 8 shares. Buy a share and you hold equity in that company, a shareholder loan and a defined right to use the home. You are an owner, not a guest. That is the line separating it from a timeshare, which sells a right of use and no asset. Entry starts from around **€135,000**. Your share tracks the value of the property, the weeks attached to it can be rented out, and you can sell it — and because the sale transfers the share in the SL rather than the house, no new deed is required and the other 7 owners are untouched. **How fractional ownership works: the VIVLA model** Each home gets its own company. VIVLA sources the property, buys it, renovates and furnishes it, and places it inside a Sociedad Limitada created for that single house. The SL is divided into 8 shares. The legal architecture was built with Tier 1 firm in Spain, one of the largest law firms in Spain, and it is the same structure on every home in the portfolio. What you hold as a co-owner is 3 things at once: - **Equity in the SL.** A real stake in the company that holds the title to the house. - **A shareholder loan.** The financing leg of the same position, which is what keeps the structure efficient rather than turning every purchase into a fresh property transfer. - **A defined right of use.** One eighth of the calendar, allocated by a rotating booking rule so that peak weeks move between owners across years instead of belonging permanently to whoever booked first. Because the asset sits in a company, resale is a share transfer. Nobody signs a new deed on the property. That single structural decision is what makes a fraction liquid in a way a timeshare contract never is. Here is how the 3 models compare on the points that decide the purchase: - **What you own. **Timeshare: a usage contract. Fractional: equity in the SL that owns the home. Whole ownership: the deed. - **Entry cost. **Timeshare: low, and it buys you nothing. Fractional: from around €135,000. Whole ownership: the full property price plus 6%–13% ITP. - **Annual cost. **Timeshare: a maintenance fee that escalates and that you cannot escape. Fractional: 1/8 of the real running costs of the house. Whole ownership: 100% of them, used or not. - **Resale. **Timeshare: a market where sellers routinely find no buyer at any price. Fractional: a share sale at the market value of the property. Whole ownership: a normal sale, plus months of process. - **Appreciation. **Timeshare: none; the value falls from signature. Fractional: your share tracks the property. Whole ownership: the property. If you want that comparison in full, with the Marbella worked example, read [fractional ownership vs timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know). **What it really costs: share price, fees and the maths** Shares start from around **€135,000**. A 1/8 share of a home valued at roughly €800,000 sits at around **€150,000**. Read those 2 figures carefully, because the second one is not the first divided by anything. €800,000 divided by 8 is €100,000, and no fraction is sold at that price. The ticket you pay absorbs 3 things beyond the raw property value: - **Transfer costs. **The taxes and fees of buying real estate in Spain, which on a second-hand purchase run from 6% to 13% depending on the region and the bracket. You pay 1/8 of that once, inside the ticket, rather than the full amount yourself. - **Renovation, design and furnishing. **The house is delivered finished. There is no year of works between signature and your first August. - **The VIVLA margin. **The company sources, structures, buys, renovates and manages. That is a service with a price, and it is inside the number rather than hidden behind it. On top of the share, you pay an annual management fee. It covers the running costs of the house — maintenance, insurance, local taxes, utilities, cleaning between stays, and the concierge who handles the property year-round — divided across the 8 owners. It typically runs between €4,000 and €7,000 a year, roughly 3% of the value of your share: on a €135,000 entry share that is about €4,000, and it scales with the size and service load of the house rather than with a fee schedule set by an operator you cannot leave. Now do the whole-ownership comparison honestly. Buying that €800,000 villa outright means €800,000 plus €48,000 to €104,000 in ITP, plus notary, registry and legal fees, plus a renovation, plus 100% of the running costs forever — for the 6 to 8 weeks a year you will actually be there. The fraction is not a discount on the same product. It is a different product, priced against the use you will genuinely get. **Luxury fractional ownership: same model, higher tier** The phrase "luxury fractional ownership" describes the tier, not the mechanism. A share in a €3,000,000 villa in Ibiza and a share in a smaller house in Cerdanya are the same legal instrument: 1 of 8 stakes in an SL that owns a specific home. What changes as you move up the tier is 3 things. The location tightens — Mallorca, Ibiza, Menorca, the Costa del Sol, Baqueira — to the addresses where whole ownership has priced out most buyers who would only use the house for a season. The house itself gets larger and better specified, so the share price rises with it. And the service load increases: pre-arrival stocking, staff, boat and ski logistics, the operational layer that makes a house 200 km from your life feel like it was waiting for you. What does not change is the ownership. You are still an equity holder in a Spanish company holding a Spanish title. The tier does not dilute that, and it does not turn the product into a membership. Anyone selling you "luxury access" without an SL and a cap table is selling you a timeshare with better photography. **Fractional ownership properties for sale in Spain** Availability is the part of this market nobody explains properly, so here is the shape of it. VIVLA operates across the destinations where Spanish second-home demand concentrates: the Balearics (Mallorca, Ibiza, Menorca), the Costa del Sol, the Costa Brava, the Costa de la Luz, the Costa Blanca, Cantabria, Cerdanya and Baqueira for the ski season, and the countryside around Madrid. Each home is a specific, named property with a specific number of shares left. That is the structural difference from browsing a property portal: you are not looking at a market of thousands of equivalent listings, you are looking at a finite set of houses, each with at most 8 owners, and shares in the strongest locations do not sit unsold for long. Ibiza and Mallorca move fastest. Ski inventory in Baqueira is seasonal and thin. The practical consequence is that "what is available" is a question with a live answer, not a permanent one. The current homes and the shares remaining in each are listed at [VIVLA listings](https://www.vivla.com/listings). If a specific destination matters more to you than a specific house, say so early — the right home in the right place is a question of timing more than of budget. **How to buy a fractional share in Spain, step by step** The process is shorter than a standard Spanish purchase, because most of the friction has already been absorbed before the home reaches you. - **1. Shortlist the home. **You are buying a specific house, not a portfolio. Visit it if you can. The weeks you will get are the weeks in that calendar. - **2. Reserve the share. **A reservation takes the share off the market while the paperwork runs. Shares in the strongest homes are not held indefinitely. - **3. Run due diligence on the SL. **Read the company's articles, the shareholders' agreement, the usage rules and the exit terms. This is the step most buyers skip and the one that decides how the next 10 years feel. The documents exist precisely so you can read them. - **4. Get your NIE and a Spanish bank account. **Non-resident buyers need a Spanish tax identification number. Start it early: it is the step most likely to add weeks to your timeline, and it has nothing to do with VIVLA. - **5. Sign. **You sign into the SL, not onto a new property deed. That is why it is faster than a conventional purchase. - **6. Open your calendar. **Booking rights start immediately. The rotation rule decides which peak weeks fall to you in year 1. The whole-property alternative — NIE, offer, arras, notary, Model 600, Land Registry, then a renovation — typically runs for months. A share purchase compresses that because the property transaction already happened. **Is fractional ownership a good investment?** It is a use-first purchase with a real asset underneath. That is the honest framing, and it is a better one than either extreme you will hear elsewhere. The asset side is real: your share is equity in a company holding Spanish property, and it moves with the value of that property. If the house appreciates 20%, so does your stake. You can sell. You can pass it to your children. None of that is true of a usage right. But the returns argument is not the point, and anyone leading with it is selling you something. The economics that actually work are the avoided ones: you did not pay for 44 weeks of a house you were never going to occupy, you did not carry 100% of the ITP, and you are not paying full running costs on an empty building for 10 months a year. Renting your weeks is available when a block of the calendar is worth more to the market than to you that year — the trade-offs are set out in [renting out your share vs using it](https://www.vivla.com/blog/rent-out-co-ownership-share-vivla) — but a fraction is not an income product and VIVLA does not sell it as one. Comparing operators rather than models? The differences between VIVLA, Pacaso, Myne and August are set out [here](https://www.vivla.com/blog/vivla-vs-pacaso-myne-august-comparison). **Frequently asked questions** **Is fractional ownership the same as a timeshare?** No. A timeshare sells you a right to use a property for a fixed period each year; the developer keeps the asset. Fractional ownership sells you a share of the asset itself. With VIVLA, each home is held by a Spanish SL divided into 8 shares, and buying one makes you an equity holder in that company. Your share appreciates with the property, can be rented out and can be sold. A timeshare does none of those 3. **Can I sell my fractional share?** Yes. You sell the share in the SL that holds the home, not the home itself, so no new deed on the property is required and the other 7 owners are not disrupted. The price you get tracks the market value of the property at the time of sale. VIVLA supports the resale process rather than leaving you to find a buyer alone. **How much does a fractional home in Spain cost?** Shares start from around €135,000. A 1/8 share of a home valued at roughly €800,000 sits at around €150,000. The figure is not the property price divided by 8: the ticket already absorbs the transfer costs, the renovation and interior design, and the VIVLA margin. On top of the share you pay an annual management fee covering the running costs of the home, typically €4,000 to €7,000 a year — around 3% of the value of your share. ‍ **Can I rent out my weeks?** Yes. The weeks attached to your share are yours to use or to let. Renting makes sense when a specific block of the calendar is worth more to the market than it is to you that year, and it makes no sense when you were going to use the home anyway. It is an option, not a yield promise, and VIVLA does not sell fractions as an income product. **Who owns the property legally?** A Spanish Sociedad Limitada incorporated for that single home, with the legal structure built with Tier 1 firm in Spain. The SL holds the title. The 8 owners hold the SL: an equity stake, a shareholder loan and a defined right to use the home. That is real ownership routed through a company, which is what makes the share transferable without touching the deed. **How many weeks a year do I get with one fraction?** One eighth of the calendar, allocated by a rotating booking rule rather than by argument, so that no owner is permanently stuck with February. Peak weeks rotate between owners across years. If you want more of the year, you buy more than one share. *This article is general information, not legal or tax advice. Share prices, fees and availability change; confirm current figures and terms with VIVLA and with your own adviser before signing. Transfer tax rates cited are the general ITP bands applicable to second-hand residential purchases in Spain and vary by autonomous community.* ### Why VIVLA Is not a Timeshare - URL: https://www.vivla.com/blog/why-vivla-is-not-a-timeshare - Markdown: https://www.vivla.com/blog/why-vivla-is-not-a-timeshare.md - Published: 20 de julio de 2026 - Categories: copropiedad - Reading time: 8 min > VIVLA is co-ownership, not a timeshare: a titled 1/8 of a real home you can sell, not weeks of use. Here is the point-by-point difference. It is a fair question, and it is asked constantly, so it deserves a straight answer rather than a defensive one. Is VIVLA a timeshare? No. And the reason is not a matter of branding or tone. It is structural, and it comes down to a single word that both models happen to use: **share**. A timeshare sells you a share of *time* — weeks of use in a property somebody else owns. VIVLA sells you a share of the *asset* — a titled stake in one specific home. Everything else that matters, the cost over 10 years, whether you can ever sell, who controls the property, follows from that difference. This guide takes the objection apart in the open: what a timeshare actually is, what VIVLA actually is, the point-by-point comparison, the four versions of "but it still sounds like a timeshare," and how to tell the two apart yourself before you sign anything with anyone. **TL;DR: VIVLA vs a timeshare in 60 seconds** A timeshare is a right to use a property for a fixed period each year. You do not own the asset; the developer does. You pay a maintenance fee that tends to rise, cannot easily be cancelled, and the secondary market is so weak that owners frequently cannot sell at any price. VIVLA is co-ownership. Each home is held by a Spanish SL — a Sociedad Limitada — divided into 8 shares. Buy one and you hold equity in that company, a shareholder loan and a defined right to use the home for 6 weeks a year, one eighth of the calendar rather than the 1 or 2 weeks a timeshare sells. Your share tracks the value of the property, the weeks attached to it can be rented, and you can sell it like any other piece of real estate. One model sells time. The other sells title. **What a timeshare actually is (and why the concern is fair)** Start with an honest definition, because the caricature helps nobody. A timeshare is a contractual right to use a property, or a resort's pool of properties, for a set period each year — typically 1 or 2 weeks. In a deeded timeshare you may hold a recorded interest; in a right-to-use timeshare you hold a lease that expires, often after 20 to 99 years, after which everything reverts to the developer. Three features define the experience. Your access is a slice of time — usually 1 or 2 of the 52 weeks in the year — not a stake in a building; a single unit is often split among as many as 52 owners. You pay an annual maintenance fee that the operator can raise, with limited transparency and no realistic way to walk away. And the exit is brutal: the resale market for timeshares is one of the weakest in real estate, with contracts frequently listed for as little as €1 and still finding no buyer, to the point where "how to get rid of a timeshare" is a search term with its own industry attached. So the suspicion behind the question is not paranoia. Anyone who has watched a relative sink money into a contract they could never leave is right to interrogate anything that involves the word "share" and a Mediterranean villa. If you want the full breakdown of the model, read [what a timeshare is](https://www.vivla.com/blog/what-is-a-timeshare). The point of this piece is what happens when you hold that model up against VIVLA. **What VIVLA actually is: titled co-ownership** VIVLA does not sell weeks. It sells a share of a company that owns a house. Each home is placed inside its own Spanish SL, a structure built with Tier 1 firm in Spain, one of the largest law firms in Spain, and identical across every property in the portfolio. The SL is divided into 8 shares. What you acquire when you buy one is three things at once, and none of them is a usage contract: - **Equity in the SL. **A real stake in the company that holds the title to the specific home. Your name is on the cap table. - **A shareholder loan. **The financing leg of the same position, which keeps the structure efficient and is part of what makes a resale a share transfer rather than a fresh property sale. - **A defined right of use. **One eighth of the calendar, allocated by a rotating booking rule so peak weeks move between owners across years instead of belonging permanently to whoever booked first. The consequence that a timeshare can never match: because the asset sits in a company, selling your position transfers the share in the SL. Nobody signs a new deed on the property. That single structural fact is what makes the share liquid, inheritable and able to appreciate. It is ownership, routed through a company, and it is the opposite of a right that expires. **Timeshare vs VIVLA: the point-by-point comparison** Set them side by side on the five things that decide whether you should sign. The pattern is consistent: one model gives you use, the other gives you an asset. - **What you own. **Timeshare: a usage contract; the developer owns the property. VIVLA: equity in the SL that owns one specific home, with a real title behind it. - **Cost. **Timeshare: an upfront price that buys no asset, plus a perpetual maintenance fee that can escalate. VIVLA: the price of 1 of 8 shares, plus an annual management fee split across the 8 owners that covers the running costs and ends when you sell. - **Resale. **Timeshare: a captive secondary market where sellers routinely find no buyer, even at nominal prices. VIVLA: a sale at the market value of the property, transferring 1/8 of the SL with no new deed. - **Control and exit. **Timeshare: a right-to-use contract can run 20 to 99 years and sometimes passes to heirs automatically. VIVLA: you decide the asking price and sell through VIVLA or independently; the position is yours to exit. - **Time. **Timeshare: 1 or 2 fixed weeks, or a points system that still ties you to a network. VIVLA: 1/8 of the calendar allocated by a rotating rule, with peak weeks shared fairly across years. Two existing pieces go deeper if you want the long form. For the three-way comparison against multi-ownership, read [co-ownership vs multi-ownership vs timeshare](/blog/co-ownership-vs-multi-ownership-vs-timeshare). For the head-to-head with the Marbella worked example, read [fractional ownership vs timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know). **‘But it still sounds like a timeshare’ — four objections answered** The comparison above convinces most people. For the ones it does not, here are the four versions of the doubt, each answered without spin. - **‘You are only buying weeks.’ **No. You are buying equity in the SL that owns the home. The **6 weeks a year** are a consequence of the ownership, not the thing you purchased. Sell the share and the weeks go with it, because they were never the asset — the stake in the company was. - **‘You will never be able to sell.’ **This is the defining timeshare failure, and it is exactly what the SL structure removes. You sell the share at the market value of the property, transferring your position in the company without a new deed on the house. The resale mechanics are set out in co-ownership vs multi-ownership vs timeshare. - **‘The fees are perpetual.’ **A timeshare maintenance fee is tied to a contract you cannot leave, which is what makes it feel like a trap. A VIVLA management fee covers the real running costs of the home — maintenance, insurance, taxes, cleaning, concierge — split across 8 owners, and it ends the day you sell your share. It is a cost of ownership, not a life sentence. - **‘You get pressured in, then trapped.’ **The entire position rests on documents you are meant to read: the SL's articles, the shareholders' agreement, the usage rules and the exit terms. Nothing about the model depends on you not reading them. A product that needs a high-pressure room to close is telling you something; one that hands you the paperwork is telling you the opposite. **How to tell the difference yourself before you buy** Do not take VIVLA's word for it, or anyone else's. There is a four-point test that separates real co-ownership from a timeshare wearing better photography, and you can apply it to any operator, including this one. - **Ask for the ownership structure and the title. **Is there an SL, an LLC or a recorded deed — something that makes you a legal owner — or only a usage contract? If nobody can show you a title, you are looking at a timeshare. - **Ask how resale works. **Can you sell on the open market, at a price you set, transferring a share? Or are you dependent on the operator taking the contract back? Captive resale is a timeshare tell. - **Ask what the annual fee covers, and when it ends. **Real running costs, split among owners, ending when you sell, is ownership. A perpetual fee attached to a contract you cannot leave is not. - **Ask whether you hold equity or points. **Equity in a company that owns a specific home is an asset. Points in a network are a membership. Only one of them appreciates. VIVLA is built to pass all four, which is the whole reason the objection has an honest answer rather than a defensive one. If you want to see the actual homes and the shares available in each, they are at [VIVLA listings](https://www.vivla.com/listings). **Frequently asked questions** **Is VIVLA a timeshare?** No. A timeshare sells a right to use a property for a set period each year; the developer keeps the asset. VIVLA sells a titled share of a specific home. Each property is held by a Spanish SL divided into 8 shares, and buying one makes you an equity co-owner. Your share can appreciate, be rented and be sold. A timeshare does none of those 3. **What is the difference between fractional ownership and a timeshare?** Ownership. Fractional ownership gives you a real, titled share of one specific property, held as equity, that tracks the value of the home and can be resold. A timeshare gives you a usage contract, no title, no appreciation and a resale market where sellers routinely find no buyer. They look similar on a brochure and are structurally opposite on paper. **Can I sell my VIVLA share?** Yes. You sell the share in the SL that holds the home, not the home itself, so no new deed is required and the other 7 owners are not disrupted. The price tracks the market value of the property at the time of sale, and VIVLA supports the resale process. A timeshare, by contrast, is notoriously hard to exit at any price. **Do I pay perpetual maintenance fees?** No. You pay an annual management fee that covers the running costs of the home, split across the 8 owners, for as long as you own the share, and it ends when you sell. That is different from a timeshare maintenance fee, which is tied to a usage contract you cannot easily leave and which can escalate with no way out. **Do I own the property or just a right to use it?** You own it. Legally you hold equity in the Spanish SL that owns the home, plus a shareholder loan and a defined right to use it. That is real ownership routed through a company, which is what makes the share transferable. A timeshare gives you use without ownership; VIVLA gives you ownership, and use follows from it. **How can I tell a real co-ownership from a timeshare in disguise?** Ask for 4 things: the ownership structure and title, the resale terms, what the annual fee covers and whether it ends when you sell, and whether you hold equity or points. Real co-ownership answers all 4 in writing. A timeshare cannot. *This article is general information, not legal or tax advice. Model terms, fees and resale conditions vary; confirm the specifics of any co-ownership or timeshare product in writing, and with your own adviser, before you sign.* ### Formentera: The Island You Almost Can't Buy Into - URL: https://www.vivla.com/blog/formentera-guide-for-buyers - Markdown: https://www.vivla.com/blog/formentera-guide-for-buyers.md - Published: 20 de julio de 2026 - Reading time: 8 The smallest and most protected of the Balearics: turquoise water, white sand, barely any cars and no airport. Strict planning keeps supply fiercely scarce — which is exactly why what exists here is so rare, and why co-ownership started on this island. Destinations · 20 July 2026 · VIVLA Formentera has no airport, and that is the point. You fly to Ibiza and take a ferry — roughly 30 minutes — and the small friction of that crossing is what keeps the island as quiet as it is. A ferry port at La Savina, a whitewashed capital at Sant Francesc, the low-key buzz of Es Pujols, and a coastline of famous beaches: Ses Illetes to the north, the long stretch of Migjorn along the south, Cala Saona to the west. Formentera is small enough to know in a couple of days. Buying here is another matter — and that is the whole story of this guide. Key takeaways Scarcity is the defining feature. Strict planning protection means very little stock, and whole homes rarely change hands. No airport. Fly to Ibiza (IBZ), then a ferry of around 30 minutes from Ibiza town to La Savina. Four distinct zones: La Savina and Es Pujols for arrival and life, Sant Francesc for the everyday, Es Cap de Barbaria for silence, Migjorn for the barefoot rhythm. A sharp season. June to September is peak; May and October are the sweet spot; winter is very quiet. This is where VIVLA started. The first fractional sale in Spain was a Cala Saona villa valued at 2,5 M€, sold in 1/8 shares at 345.000 € each, taxes included (Idealista, 22 July 2022). TL;DR — Formentera for buyers in 60 seconds Everything arrives through La Savina. Sant Francesc, in the centre, is where residents actually live and shop. Es Pujols is the closest the island gets to a scene, which still means beach bars and an early night by Ibiza standards. Es Cap de Barbaria and the interior are near-empty; the Migjorn coast is where the days dissolve into swimming and long lunches. Property is the hard part. Planning rules guard supply, so what exists is a handful of discreet traditional houses and a small number of low-profile seafront villas that rarely appear on the market. Owning a whole home here is out of reach for most buyers; owning a titled eighth is not. Casa Saona — VIVLA's first home, 900 m from Cala Saona — is fully sold, so the closest active shares today are in Ibiza, half an hour away by ferry (VIVLA listings, 20 July 2026). Map & highlights About 19 km end to end and never more than a few kilometres wide. There is no airport and barely any traffic; most visitors move by bike, scooter or boat. Everything below sits within 20 minutes of the ferry port at La Savina. Map of Formentera: areas, beaches, the ferry port and Casa Saona Outline map of Formentera showing La Savina ferry port, Sant Francesc, Es Pujols, Sant Ferran and El Pilar de la Mola, the beaches of Ses Illetes, Cala Saona and Migjorn, Es Cap de Barbaria, the Mola lighthouse and the location of Casa Saona. IBIZA · ~30 min by ferry NORTH — LA SAVINA & ES PUJOLS CENTRE — SANT FRANCESC MIGJORN COAST LA MOLA ES CAP DE BARBARIA Ses Illetes Cala Saona Platja de Migjorn Cap de Barbaria Far de la Mola Estany Pudent Sant Francesc Es Pujols Sant Ferran El Pilar de la Mola CASA SAONA La Savina (ferry port) Ferry port Towns & villages Beaches Nature & landmarks VIVLA home Coastline: Natural Earth 1:10m (public domain). Place coordinates: WGS84. Zone names are descriptive, not administrative. Casa Saona location from its listing page, 20 July 2026. The main areas — vibe & highlights Four stretches of a very small island, each with a different reason to be there. North · Arrival & life La Savina & Es Pujols La Savina is where you arrive: the port, the marina and the gateway to everything, with bike and boat rental right off the ferry. A short hop away, Es Pujols is the island's most animated spot — beach bars, restaurants and a gentle summer buzz that still feels a world away from Ibiza's intensity. A good base for first-timers who want a bit of life within walking distance. Centre · Everyday Sant Francesc The small, whitewashed capital: a church square, a handful of boutiques and galleries, and the everyday heart of local life. It is where residents actually shop and gather, which gives it a lived-in feel the beach spots lack. Central and calm, it is the natural choice if you want to be equidistant from both coasts and close to year-round services. South-west · Silence Es Cap de Barbaria & the interior The wild, remote southern end: a famous lighthouse at the edge of the cliffs, big skies and near-total quiet. This is Formentera at its most elemental, with dark stars at night and almost no development. For buyers who want isolation above all, the cap and the interior deliver a version of the island most day-trippers never see. South · Barefoot The Migjorn coast The long southern shoreline — a string of open beaches and low-key beach restaurants strung along the water. It is the island's relaxed centre of gravity, where days revolve around swimming, walking the sand and a long lunch with your feet almost in the sea. Less a village than a stretch of coast that defines the rhythm Formentera is loved for. The beaches, the nature & the car-free rhythm Formentera's beaches are its legend. Ses Illetes is regularly ranked among the best in the world — pale sand, impossibly clear water, part of the Ses Salines Natural Park it shares with Ibiza. Migjorn and Cala Saona are barely a step behind. The island's culture is bike-and-boat: many visitors get around on two wheels, and the pace is deliberately, gloriously slow. Development is tightly controlled, which is precisely why the water stays that colour and the island stays this quiet. It is a place that has actively protected itself, and that protection is the entire reason it still feels the way it does. Spend a few days here and the unhurried, low-profile rhythm is the thing you take home. What kind of property to expect — and why co-ownership fits Very little of it. That is the headline. Strict planning protection means supply is guarded fiercely, and homes rarely change hands. Discreet traditional houses. Low, whitewashed, often inland or set back from the coast, built to disappear into the landscape rather than announce themselves. A handful of low-profile seafront villas. Rare, tightly held, and priced accordingly when they do appear. Scarcity as the whole story. It is what keeps the island beautiful and what makes ownership genuinely premium — the two are the same fact seen from different sides. Which is why co-ownership makes more sense here than almost anywhere. Buying a whole home in Formentera is out of reach for most buyers; a titled 1/8 share is real and achievable. There is history behind that too: the first fractional sale in Spain was a villa near Cala Saona valued at 2,5 M€ and sold in eighths at 345.000 € each, taxes included (Idealista, 22 July 2022). That house — Casa Saona, 3 bedrooms, 4 bathrooms, 200 m², 900 m from the beach — is where the model began, and it is now fully owned (VIVLA listing, 20 July 2026). Best time to go & getting there MayThe perfect shoulder. Warm enough to swim, everything opening up, beaches you can have almost to yourself. June to SeptemberPeak. Full ferries, full beach restaurants, the island at its busiest — and at its most alive. Book crossings ahead in August. OctoberThe other sweet spot. Sea still warm from the summer, light turning golden, the crowds gone and prices with them. November to AprilVery quiet. Much of the island rests, with limited services and fewer sailings. Wonderful if silence is what you came for. The logistics are the defining feature: Formentera has no airport. You fly to Ibiza (IBZ) and take the ferry from Ibiza town — roughly 30 minutes, with frequent sailings in season. It sounds like a hurdle; in practice it is a filter that keeps the island calm. It also makes Ibiza and Formentera a natural pair, and plenty of owners treat the two together. VIVLA in Formentera Where the model began. Casa Saona was VIVLA's first co-owned home, and it is fully owned today — there are no shares available in Formentera right now. Join the waiting list for the island, or look at the two closest active homes, half an hour away by ferry in Ibiza. Swipe to explore → ← → Sold out · Waiting list Cala Saona · Formentera Casa Saona Fully owned · join the waiting list 3 bed4 bath200 m² View home → Ibiza · 30 min by ferry Cala Tarida · Ibiza Casa Tarida 190.000 € · 1/8 share 3 bed2 bath186 m² View home → Request more information See all VIVLA homes Shares shown are 1/8, each carrying 6 weeks a year. Availability and prices as published on each home's page on 20 July 2026 and subject to change — check the listing for current availability. Frequently asked questions Can you actually buy property in Formentera? Yes, but supply is extremely limited by strict planning protection, and whole homes rarely appear on the market. For most buyers the realistic route is co-ownership: a titled share of a house that already exists, rather than waiting for a rare whole-home listing. How much does a home in Formentera cost? Scarcity keeps it premium. As a documented reference point, VIVLA's first fractional sale in Spain was a villa near Cala Saona valued at 2,5 M€, divided into eighths at 345.000 € each, taxes included (Idealista, 22 July 2022). A share gets you island access for a fraction of the whole. Is there an airport in Formentera? No, and that absence is a large part of why the island stays quiet. You fly to Ibiza (IBZ) and cross by ferry from Ibiza town in roughly 30 minutes, with frequent sailings in season and a reduced timetable in winter. Which beach is the best? Ses Illetes is the most famous, regularly ranked among the best beaches in the world and protected inside the Ses Salines Natural Park. Migjorn — long, open and lined with low-key beach restaurants — and Cala Saona, on the west coast, are outstanding in their own right. Can I co-own a home in Formentera with VIVLA? Formentera is where VIVLA began, with Casa Saona near Cala Saona. That home is fully owned today and there are no shares available on the island right now, so the honest answer is: join the waiting list, or consider Ibiza, thirty minutes away by ferry, where shares are currently available. Current status on the Formentera page. This guide is general information about the Formentera property market and the VIVLA co-ownership model. It is not legal, tax or investment advice. Prices, ferry schedules and availability carry the date of the source cited and change over time. Before acquiring any property or share, take independent legal and tax advice for your own circumstances and jurisdiction of residence. ### Co-ownership: how to exit a shared or inherited home - URL: https://www.vivla.com/blog/undivided-extinction-condominium - Markdown: https://www.vivla.com/blog/undivided-extinction-condominium.md - Published: 17 de julio de 2026 - Categories: copropiedad - Reading time: 8 min > Article 400 means no co-owner is trapped. The 4 ways out of a undivided, and why an extinción de condominio pays 1.5% AJD instead of 6%–13% ITP. Most guides about a **undivided** open with the legislation. Open with the exit instead. Article 400 of the Spanish Civil Code says that no co-owner is obliged to remain in a community of property. Nobody can trap you in a property you happen to share. Not a sibling, not an ex-partner, not a fund that bought in behind your back. That single sentence is worth more than any treatise. It is also routinely ignored by people who spend years locked into an inherited apartment, paying half the IBI and half the roof repairs on a home they never use, because one relative keeps saying no. The exit exists. It has 4 forms, a defined tax cost, and a fallback that works even when the other owners refuse to sign anything at all. This guide covers what a undivided is, the 4 ways out, how an **extinction of condominium** works step by step, why it is taxed at approximately 1.5% rather than the 6% to 13% a normal purchase pays, and what happens when nobody agrees. #### **TL;DR: what a undivided is and how you leave one** A undivided is shared ownership of an undivided property. Two siblings inherit an apartment. A divorcing couple keeps the family home at 50/50. Nobody owns a specific room or a particular half — each of you holds an abstract share in the entire property. You are never locked in. Article 400 gives every co-owner the right to demand division at any time, without giving reasons. The cleanest way to use it is an **extinction of condominium**: one owner acquires the property in its entirety and compensates the others in cash. Spanish courts do not characterise that as a sale. It pays **AJD** instead of ITP, so your tax bill decreases from **6%–13% to approximately 0.75%–1.5%**. If nobody agrees, a judge divides the property for you, and an indivisible apartment ends up at public auction, typically considerably below market value. #### **What a undivided actually is** Articles 392 to 406 of the Civil Code govern all of this. Article 392 defines the community: property belongs *pro indiviso* when several people own it at once. Under article 393, the shares are presumed equal unless somebody proves otherwise. Three situations produce almost every case: - **Inheritance.** Three siblings inherit the family home. One intends to sell immediately, one intends to retain it, and one has lived abroad for a decade and answers messages every 3 weeks. - **Divorce or separation.** A couple purchases at 50/50 and then splits, but the mortgage — unlike the relationship — survives intact and stays in both names. - **Joint purchase.** Friends or unmarried partners buy together, with no written regulations covering who uses the property, who pays for what, or how anybody gets out. The trap is not legal. It is practical. Article 398 requires a majority of interests to manage the property, so a minority owner can block a decision without ever forcing one. And you continue paying regardless. Article 395 obliges you to contribute to conservation costs whether or not you set foot in the property. One detail the majority of owners overlook: you do not need anybody's permission to sell. Article 399 lets you sell, assign or mortgage your own share whenever you like. Finding a purchaser is the difficult part: you are offering a fraction of a property that no single person controls. #### **The 4 ways out of a undivided** Rank them by cost and speed. One pattern appears immediately: agreement is always cheaper than court. - **1. One owner buys the rest out (extinction of condominium).** The cleanest route by a distance. The property is valued, one co-owner acquires it in its entirety, the others are compensated in cash, and the operation is taxed at approximately **0.75%–1.5% AJD** instead of full transfer tax. - **2. Sell the whole property and distribute the proceeds.** Article 404 contemplates this where the property cannot be divided, which is the situation with almost any apartment. You get a market price rather than an auction price, but you need unanimity to do it. - **3. Sell your share to a third party.** Legal under article 399, brutal in practice. The specialist funds that buy undivided shares apply a heavy discount, because they are purchasing a conflict along with the underlying property. - **4. Court division (acción de división de la cosa común).** The nuclear option, and the reason the first 3 work at all. Any co-owner may litigate, the action needs no justification, and under article 1965 it never becomes time-barred. Option 4 exists to make options 1 to 3 possible. A co-owner who understands that a judge can force a sale, regardless of their opinion, becomes a considerably more reasonable negotiator. Most of these disputes settle before anyone files anything. #### **Extinction of condominium, step by step** This is the route that pays the least tax, and the sequence of the operations is what preserves the favourable treatment. - **Agree a valuation.** Adopt the Catastro reference valuation as your floor. Since 2022 it operates as the default tax base, and an artificially low figure will simply be corrected by the regional authority. - **Assign the property to one co-owner.** A home is legally indivisible, and article 404 allows exactly this: the whole property goes to one owner, who compensates everybody else. - **Compensate in cash.** Pay the exiting owners the valuation of their participation. Compensate with other properties, or pay less than the share is worth, and the tax treatment changes against you. - **Sign before a notary.** The public deed is what triggers AJD in the first place; without it there is no gradual quota to pay and no title to register. - **File the tax.** Model 600, generally within 30 working days of signature, at the tax agency of the region where the property sits. - **Register.** Inscribe your new sole ownership at the Land Registry so the change is enforceable against third parties. If a mortgage is still running, add one further step. The bank has to release the exiting owner from the loan, and it is under no obligation to agree. That negotiation, not the notary, is what delays most of these operations. #### **The tax rule that changes the maths: AJD, not ITP** Here is the number that determines the entire calculation. A normal second-hand purchase pays ITP at 6% in Madrid, 7% in Andalusia, 8% in Galicia and 10% in Catalonia, climbing to 13% in the upper brackets in Catalonia and the Balearics. An extinction of condominiumo does not pay ITP at all. The Supreme Court has held repeatedly that dissolving a community is not a transfer of property. It is the specification of an abstract right you already held. Under article **7.2.B)** of the consolidated ITPAJD law (Royal Legislative Decree 1/1993), only declared excess allocations fall into ITP. The rest is taxed as **AJD** — the gradual stamp duty on notarial deeds — at 1.5% as the general regional rate and 0.75% in Madrid. The base is narrower too. In judgment **1484/2018** of 9 October, the Supreme Court fixed the doctrine: the taxable base is only the share you acquire, not the total value of the property. The Dirección General de Tributos confirmed it in binding ruling V3344-19. The Court extended the criterion in judgments 1502/2019 and 719/2024. Run it on a €300,000 apartment owned 50/50, where one sibling takes the whole: - **Taxed as a purchase (ITP, Catalonia, 10%):** 10% of €150,000 = **€15,000**. - **Taxed as extinction of condominium(AJD, 1.5%):** 1.5% of €150,000 = **€2,250**. - **Difference:** €12,750 on an economically identical operation, decided entirely by how the notarial deed is structured. Two conditions protect that treatment: the property has to be indivisible, and the compensation has to be proportional to each share. Pay somebody more than their quota and you have created an excess allocation, which is taxed as an ordinary onerous transfer at the full ITP rate. Watch IRPF as well. Article 33.2.a) of Law 35/2006 states that dividing common property is not in itself a capital alteration. That shield disappears the moment updated values produce an actual capital gain for one of you. #### **When nobody agrees: court division and the auction** Sometimes one owner simply refuses to move. Then you litigate. The acción de división de la cosa común cannot be obstructed. It requires no justification and has no deadline. A judge will either divide the property physically, which almost never works with an apartment, or order it sold at public auction through the BOE auction portal, distributing the proceeds by participation. Be honest with yourself about what that means in practice. Auctions clear below market value. On top of the discount you are adding lawyers, procurador, judicial costs and, frequently, years of your life. Even an agreed lock-up expires: the pact of indivision permitted by article 400 cannot exceed **10 years**. The conclusion is uncomfortable but consistent. The threat of court is worth considerably more than court itself. Use it to force an agreement, not to reach a judge. #### **From a forced co-ownership to a structured one** Step back from the legislation for a moment. The problem with a undivided is not that a property has several owners; it is that the property has several owners and no governing regulations whatsoever. Nobody chose the arrangement. Nobody agreed who gets the property in August, who pays for the new roof, or how any of you would leave. The Civil Code resolves that vacuum with a singularly blunt instrument — divide it, or sell it. Structured co-ownership inverts every one of those defects, starting with the fact that you choose to enter it. Each home is held in a company divided into **8 shares**. Usage is allocated by a rule rather than by argument, running costs are apportioned in advance, and the exit is defined before you sign. The property is shared; the conflict is eliminated. That is the entire difference between a undivided you inherited and a co-ownership you designed. Buying from abroad? The process, taxes and paperwork are set out in this [guide to buying property in Spain as a foreigner](https://www.vivla.com/blog/buying-property-spain-foreigners-2026-guide). The homes currently available are at [VIVLA listings](https://www.vivla.com/listings). #### **Frequently asked questions** **Can I be forced to sell my share of an inherited property?** Not directly, but effectively yes. No co-owner can compel you to sell your share to them. But any of them can bring an action to divide the common property under article 400, and if the property is indivisible the judge can order a public auction. Refusing to negotiate does not preserve the status quo. It typically just lowers the price everybody receives. **What tax does an extinction of condominium pay?** AJD rather than ITP. The gradual stamp duty is typically **1.5%**, or 0.75% in Madrid, and it applies only to the share being acquired, following Supreme Court judgment 1484/2018. Several regions bonify it heavily in divorce cases. If the compensation is disproportionate, the excess is taxed as a transfer at the full ITP rate of 6% to 13%. **Can I sell my part of a undivided without the others?** Yes. Article 399 of the Civil Code lets you sell, assign or mortgage your share freely, and the remaining owners cannot veto it. The obstacle is commercial, not legal. Specialist funds do buy these shares, but at a steep discount, because what they are really buying is a dispute with the people who stayed. **How long does it take to dissolve a undivided?** With agreement, weeks — valuation, deed, tax, registry — plus whatever time the bank needs if a mortgage has to be renegotiated. Without agreement, a court division routinely runs into years and ends at auction. The distance between those 2 timelines is the whole argument for settling. **Are a undivided and co-ownership the same thing?** Legally they overlap, but in practice they are opposites. A undivided is unwanted and unregulated, arriving through an inheritance or a divorce nobody anticipated. Managed co-ownership is chosen. The split, the usage calendar and the exit route are agreed before anybody signs. *This article is general information, not legal or tax advice. Rates, deductions and regional bonuses change; confirm your own position with a lawyer or tax adviser before signing. Sources: Spanish Civil Code, articles 392–406 (BOE); Royal Legislative Decree 1/1993 (ITPAJD); Supreme Court judgments 1484/2018, 1502/2019 and 719/2024; DGT binding ruling V3344-19.* ### VIVLA vs Pacaso vs Myne vs August: the real comparison (2026) - URL: https://www.vivla.com/blog/vivla-vs-pacaso-myne-august-comparison - Markdown: https://www.vivla.com/blog/vivla-vs-pacaso-myne-august-comparison.md - Published: 17 de julio de 2026 - Categories: copropiedad - Reading time: 8 min > Four luxury co-ownership platforms compared on coverage, entry ticket, ownership model and the real differences — and which fits your home, budget and language. Four platforms sell the same headline: own a luxury second home for a fraction of the price, and skip the responsibilities that come with it. They are not interchangeable. They sit in different countries, use different legal vehicles, and start at very different prices. The gap is the whole point. The deciding variable is not the brand. It is **where your home will be, how you want to own it, and how much you are ready to commit**. A 1/8 share runs from roughly €90,000 with one platform to €365,000 with another. Your legal title can be a Spanish deed, an American LLC or a German land-registry entry. Get those three facts straight and the choice narrows fast. This comparison maps VIVLA, Pacaso, Myne and August against five objective criteria. Every figure is public or labelled as of the close of May 2026. No scoring, no "best platform" verdict — the conclusions are yours to draw. #### TL;DR: which one fits you, in four lines The short version, one line per platform, before the detail: - **VIVLA**: Spain only, a Spanish SL per home, run in Spanish. Fractions from ~€90,000. - **Pacaso**: the global pioneer, in Spain too (Marbella, Ibiza). LLC model, from ~$200,000. - **Myne**: the widest European map and the lowest entry, from ~€99,000. - **August**: one purchase, five homes across Europe, from ~€365,000. #### Methodology: how this comparison was built **Five criteria, no subjective rating.** Each platform is measured on the same axes: **geographic coverage** (where the homes actually are), **entry ticket** (the cheapest share), **legal ownership model** (the vehicle that holds your title), **included services**, and **platform maturity**. Sources are public: company sites, press coverage and industry trackers, plus Spanish outlets idealista and elEconomista. Figures that move quarterly, such as ticket bands and home counts, are flagged. The aim is not to crown a winner. It is to match each model to the buyer it was designed for. #### The comparison table (read this first) **Ten data points across all four platforms, as of the close of May 2026.** Read it as a filter, not a scoreboard. Criterion | VIVLA | Pacaso | Myne | August | Headquarters | Spain | San Francisco, US | Berlin, DE | London, UK | Founded | 2022 | 2020 | 2021 | 2018 | Coverage | Spain only | ~40 markets (US, EU, MX) | 7–9 EU countries | FR, IT, UK, ES | Entry ticket | from ~€90,000 | from ~$200,000 | from ~€99,000 | from ~€365,000 | Ownership model | Spanish SL per home (deed) | Dedicated LLC per home | KG + land registry | Share in portfolio co. | Fraction | 1/8–1/2 (~6 wks/yr) | 1/8–1/2 (~44 nights) | from 1/8 | ~1/21 of five homes | Homes / scale | Scaling ES portfolio (>€100M AUM) | 1,500+ co-owners | 7–9 countries | ~70 homes, 570+ owners | Resale | Private / VIVLA / buy-back; ~10% appr. | Via Pacaso (1-yr hold) | At market value | August sources buyer | Languages | Spanish + multilingual | English-first | DE / EN / ES | English-first | Operates in Spain | Yes | Yes (Marbella, Ibiza) | Yes (Mallorca, Ibiza) | Yes (Mallorca, BCN) | #### The four platforms in detail ##### VIVLA: when it is the right fit **VIVLA fits when your home is in Spain and you want the whole thing handled in Spanish.** It is the first premium co-ownership company in Spain, founded in 2022 by Carlos Gómez, Carlos Floria and Iván Rodríguez. It is also the best-funded of its category in Europe, after a €26 million round led by Samaipata. The funding is not a footnote. The legal model was built by Tier 1 firm in Spain, so you sign a notarial deed and become the registered owner of a fraction — not the holder of a [use-right, as in timeshare](/blog/co-ownership-vs-multi-ownership-vs-timeshare). Each home is split into a maximum of eight fractions. One eighth gives you about six weeks a year, two of them in high season, and you can purchase 1/8 to 1/2. Active destinations span the Balearics (Ibiza, Menorca), the Costa Blanca and Costa del Sol, Cádiz and Madrid, and ski resorts such as Baqueira, with new locations announced for 2026 (idealista, February 2026). Tickets run from roughly €90,000 to €300,000, on homes valued between €750,000 and €2.5 million. [Running costs](/blog/how-much-second-home-spain-costs-cash-flow) are 1.5 to 2% a year — about €200 monthly per €100,000 fraction. The wrong fit is simple. If your target is outside Spain, VIVLA does not cover France, Italy or the Alps, so look elsewhere. ##### Pacaso: the American pioneer, now in Spain too **Pacaso is the name that made co-ownership mainstream.** Founded in October 2020 in San Francisco by ex-Zillow executives Austin Allison and Spencer Rascoff, it reached a $1 billion valuation within six months. Since then it has transacted close to $1 billion across roughly 40 markets, with more than 1,500 co-owners. **The scale is real.** One correction matters, because the misconception is widespread: Pacaso **does operate in Spain**. It entered Europe through Marbella in November 2021 and now lists homes in Spain including Ibiza and the Costa del Sol. The model places each home in a dedicated LLC. It distributes 1/8 to 1/2 shares among up to eight owners, and charges a 12% service fee plus monthly management. A 1/8 share gives about 44 nights a year, with a one-year minimum hold, and shares start near $200,000. The real difference against a Spanish operator is the vehicle — you own a slice of an American-style LLC, not a Spanish deed directly. That is the real distinction. ##### Myne: the broadest European map, lowest entry Myne, based in Berlin and founded in 2021, has the **widest European spread** of the group. Its homes sit across seven to nine countries: Germany, Austria, Italy, Spain (Mallorca, Ibiza, Tenerife, the Costa del Sol), Portugal, France, England, Croatia and Sweden. It acquired German rival Villa Circle and calls itself Europe's market leader in managed co-ownership. Entry is the lowest here, from about €99,000, for homes that range past €800,000 in value. **The map is the selling point.** Ownership is held through a KG structure with entry in the local land register, so you are a registered co-owner — not a use-right holder. A holiday-exchange programme lets you swap stays between Myne properties: a Mallorca finca one season, an Alpine chalet the next. If you are drawn to mountain destinations or want a pan-European footprint, Myne covers ground the Spain-only platforms do not. ##### August: co-own a portfolio of five homes **August works differently from everyone else on this list.** Founded in 2018 in London by Mélie Dunod and Nicolai Watzenig, it does not sell one house. You buy into a **collection of five homes** in different destinations, typically a 1/21 share, and you can stay across all of them. It manages about 70 homes in 19 portfolios for 570-plus co-owners, at roughly 80% occupancy. One purchase, five homes. Coverage spans France (Riviera, Alps), Italy (Tuscany, Rome), the UK (Cotswolds, London) and Spain (Mallorca, Barcelona). Shares start around €365,000 for the Pied à Terre city collection, €435,000 for the Signature villas and €1.8 million for the Prime tier, on homes averaging €1.5 million each. You hold real title, and August sources the next buyer when you sell. It suits a buyer who wants five destinations, not one, with the budget to match. #### Five questions to choose between them Run your situation through these five and the field sorts itself: #### What these platforms share, and why the model works Strip away borders and prices, and the four platforms still make the same case that has [reshaped the Spanish market](/blog/spain-real-estate-market). A second home in Southern Europe sits empty most of the year; by one estimate there are 18 million such homes used only about 15% of the time. Paying 100% for 15% use is the problem co-ownership solves. That is the whole premise. The market has validated that case with capital — not just marketing. Pacaso has raised more than $300 million and transacted close to $1 billion; VIVLA closed €26 million and reports about 10% average appreciation on resold fractions; August serves 570-plus co-owners at 80% occupancy. That is the real shift. The question for a serious buyer is no longer "is this model safe?" but "which version of it fits my home, my language and my budget?" #### Frequently asked questions **What is the difference between VIVLA and Pacaso?** Both sell managed fractions through [fractional ownership](/blog/what-is-fractional-ownership), and both operate in Spain. The core difference is the vehicle and the operation: VIVLA gives you a Spanish notarial deed and runs locally in Spanish, while Pacaso places the home in an American-style LLC. VIVLA is Spain-only; Pacaso spans about 40 markets worldwide. **Which co-ownership companies operate in Spain?** All four platforms here have Spanish homes: VIVLA (Spain-only), Pacaso (Marbella, Ibiza, Costa del Sol), Myne (Mallorca, Ibiza, Tenerife) and August (Mallorca, Barcelona). **How much does it cost to enter each platform?** The cheapest typical share is roughly €90,000 with VIVLA, €99,000 with Myne, around $200,000 with Pacaso, and €365,000 with August. **Which one is the most reliable?** Reliability tracks maturity and funding more than marketing. Pacaso is the largest by transactions, August has the longest track record since 2018, and VIVLA is the best-funded in its Spanish category. Check independent reviews on Trustpilot and confirm the legal structure before you sign your paperwork. **Can you use more than one platform?** Yes. Nothing stops you owning a VIVLA fraction in Mallorca and a Myne share in the Alps. Each share is a separate asset with its own deed, costs and resale path; treat each of your purchases on its own numbers. *This article is for general information and reflects public data as of the close of May 2026. Tickets, coverage and company status change, so confirm current terms directly with each platform before any purchase.* ### Renting Out Your VIVLA Share vs Using It Yourself: When It Pays and How It Works - URL: https://www.vivla.com/blog/rent-out-co-ownership-share-vivla - Markdown: https://www.vivla.com/blog/rent-out-co-ownership-share-vivla.md - Published: 29 de junio de 2026 - Categories: copropiedad - Reading time: 7 min > How renting works on a VIVLA co-ownership share: realistic income, when it pays, the 2026 rules after the registry ruling, and the tax treatment explained. You have six weeks a year in your VIVLA home. Let's be realistic: some years you will not use all of them. The weeks you leave on the table can be rented out, and that income goes towards reducing the running costs of the house — without turning you into an Airbnb host. Ownership · 22 July 2026 · VIVLA The important nuance: you are not renting out your house. You are renting out the weeks allocated to you that you decide not to use. The home belongs to several owners, so nobody lists the whole property on their own. Key takeaways First you choose, then you swap, and only then you rent. Renting applies only to what you were never going to use. You manage nothing. VIVLA lists, prices, distributes and handles the guest from start to finish. Deduction: a 15% management fee plus platform commissions when the booking comes through a public channel — combined, around 25% of the gross. The money does not land in your account as extra income: it is applied to reduce the fees and costs attached to the home. The decision rule: if you will use it, use it; if you will not, rent it; if you want a different destination, swap it. TL;DR — in 60 seconds A 1/8 share gives you 42 days a year, roughly six weeks. Once the two selection rounds and the 30-day swap window have closed, the stays you are not going to use can be put up for rent. You decide which weeks you release; VIVLA handles the rest, listing on platforms such as Airbnb and across its own members network — where around 65% of bookings originate. On each booking VIVLA retains 15% for management; if the booking arrives through a public channel, that platform's commission is added, for a combined deduction of around 25% of the gross. What remains is not paid out as rental income: it goes towards the fees and costs of the home. Think less "I am making money renting my house" and more "the weeks I will not use help pay for the year". The sequence First you enjoy it. Then you swap. Whatever is left can be rented. The calendar follows a fixed sequence, and renting always comes last. Nobody loses days by putting weeks on the market. 01 You choose your stays Both selection rounds are completed so every owner can plan their holidays. 02 You can swap A 30-day window to exchange a stay for another VIVLA home, within the same season. 03 You rent what is left Any remaining stays can be put up for rent and help offset the year's costs. In short: enjoy first, swap second, and if time is still left over, put it to work. Do you have to manage the rental? No — and that is probably the best part. No photos to take, no listings to write, no guests to message, no pricing to calculate, no check-ins to coordinate and no five-star reviews to chase. Listing and pricing. VIVLA lists the stay and adjusts the rate to demand for each date and destination. Dual distribution. The stay is distributed on platforms such as Airbnb and across VIVLA's own members network, which generates around 65% of bookings. The guest relationship. Bookings, check-ins, check-outs, issues and cleaning all sit on VIVLA's side. Your only decision. Which weeks you want to release. That is it. What do you actually keep? The question anyone would ask. VIVLA retains 15% for managing the rental. When the booking comes through a public platform, that platform's commission is added on top, so the combined deduction can sit at around 25% of the gross amount. ~75% · applied to your costs 15% · VIVLA management ~10% · platform commission Indicative split of the gross amount of a booking arriving through a public channel. Bookings from VIVLA's own network carry no platform commission. Figures provided by VIVLA, July 2026. There is a meaningful difference from a conventional rental: the money does not land in your account as extra income. It is used to reduce the fees and costs attached to your VIVLA home. Which is why the accurate sentence is not "I am going to make money renting my house" but "there are weeks I will not use, and they can help pay part of the year's costs". Considerably more interesting than leaving them empty. How much can it offset? Three scenarios There is no universal figure, because the outcome depends on four variables: weeks rented × price of those weeks × occupancy × associated costs. A week in August in Ibiza is not a week in November, and Christmas in Baqueira is not an ordinary May. The three cases below start from the same assumption — a 200.000 € share, with weeks that rent between 3.500 € and 5.000 € — and apply a 25% deduction. Quiet scenario You rent 2 weeks 2 × 3.500 € = 7.000 € gross. You give up very little of your holiday. ≈ 5.250 €net, applied to your costs Middle scenario You use 2 and rent 4 4 × 4.000 € on average = 16.000 € gross. You still go for two weeks. ≈ 12.000 €net, applied to your costs Barely going this year You rent 5 prime weeks 5 × 5.000 € on average = 25.000 € gross. An unusual year. ≈ 18.750 €net, applied to your costs Does this mean you will always hit those numbers? No. It depends on the destination, the dates, demand and actual occupancy. These are examples to understand how the model works, not a promise of returns. So which weeks should you rent? This is the real question. Renting out a week you actually wanted is not quite the same as making money: if you have spent the whole year dreaming about August and end up giving it away for a few euros more, you are missing precisely the reason you bought the house. If you will use itUse it. No figure compensates for the week you spent all year waiting for. If you will not use itRent it. An empty week offsets absolutely nothing. If you want another destinationSwap it. You keep the days and change house within the network. If you do have flexibility and your priority that year is cutting costs, the highest-demand weeks carry the most potential: on the coast, July and August; in the mountains, Christmas, Easter and the best ski weeks. Which brings the obvious paradox: those tend to be exactly the weeks you most want for yourself. Rent or swap? It depends on what you are trying to achieve. They are two different tools for the same idea: your weeks adapting to your life rather than the other way round. You want to cut costs. Rent. The stay goes on the market and the net amount is applied to the fees and costs of the home. You want a different destination. Swap. The exchange window works within the same season and trades one stay for another VIVLA home. You want to be in your house. Use it. That is what you bought it for. What about tourist licences? The least glamorous part of this article, and one of the most important. Renting a home to tourists means complying with the applicable regulation, which varies considerably depending on where the house is: Catalonia has its requirements, Andalusia has its own, Cantabria too. On top of that, since 2025 residents' associations have greater power to approve, limit or prohibit tourist rentals in certain buildings. The difference from a conventional second home is that you do not have to become an expert in Spanish tourism regulation: VIVLA handles the licences and requirements needed to operate the home under the rules applicable in each autonomous community. Yes, the regulation exists; no, you are not the one managing it. And tax? Another entirely reasonable question. In a conventional tourist rental, the income does not benefit from the tax reductions available for certain primary-residence lettings, and how it is taxed depends on how the property is operated. A VIVLA home works differently: the property belongs to a Spanish company (SL) in which the owners hold shares, and VIVLA manages the rental. Income is administered at entity level and applied to reduce costs associated with the home, rather than behaving like a conventional letting you collect each month. As always with tax, every personal situation differs: for anything specific, review it with an adviser. So — is it worth it? It depends on how you use your house, and that may be exactly the point. Some owners want to squeeze every single day: perfect. Others know they will use four weeks this year and have two spare: also perfect. And there will be years when you travel more, take less holiday, or simply fancy trying a different house. None of this has to be decided for ever. If you have six weeks and use six, enjoy them. If you use four, you can rent two. And if one year you fancy trading Mallorca for Baqueira, that is what the swap is for. The goal is not to turn your second home into a business: it is for a house bought to be enjoyed to actually be used — and for it not to sit empty when you are not there. VIVLA Want to see the numbers for your own case? Every destination and every season has its own demand. The team can go through which weeks make most sense to rent and how much of your annual costs they could offset. Request more information How co-ownership works Frequently asked questions Can I rent out my co-owned home? Yes. You can put up for rent the weeks you are not going to use, once the selection rounds and the swap window have closed. You are not listing the whole property yourself: what goes on the market are your free stays, and VIVLA manages the entire process. Do I have to list the house on Airbnb myself? No. VIVLA handles the listing, the pricing, the bookings and the guest relationship, both on public platforms and across its own members network. Your only decision is which weeks you release. Can I rent out just one or two weeks? Of course. There is no obligation to rent out all your weeks: enjoy four and rent two, enjoy five and rent one, or use all six. How much can I make renting out my weeks? It depends on the destination, the season, demand and how many weeks you release, so the honest answer is scenarios rather than a fixed return. As an illustrative example, with weeks priced between 3.500 € and 5.000 € and a combined 25% deduction, renting two weeks leaves around 5.250 € net and renting five prime weeks around 18.750 €. Is the rental money paid out to me? Net income does not behave like rent you collect each month: it is applied to offset the fees and costs associated with your home, with the corresponding settlement. Which is better: renting or swapping? It depends what you need. If the goal is cutting costs, renting makes sense. If you want to use your days but somewhere else, the swap fits better: you keep the stay and change house within the network, within the same season. The financial scenarios in this article are illustrative examples built on the assumptions stated in the text — not a forecast and not a promise of returns: the actual outcome depends on the destination, the dates, demand, occupancy and associated costs. Management terms, commissions and the workings of the rental programme may vary and are governed by the contractual documentation of each home. This content is not tax or legal advice either; for your specific case, consult an adviser. ### How to Sell Your VIVLA Share: Process, Timeline and Price - URL: https://www.vivla.com/blog/how-to-sell-co-ownership-share-spain - Markdown: https://www.vivla.com/blog/how-to-sell-co-ownership-share-spain.md - Published: 24 de junio de 2026 - Categories: copropiedad - Reading time: 8 min > How selling a co-ownership share in Spain really works: resale timeline, valuation, capital-gains tax and the step-by-step process. Real ownership, real exit. Most guides about co-ownership conclude the day you sign. The question that actually keeps buyers awake arrives later — what happens when you want out? This guide answers that end to end. The exit, not the entry. The apprehension is reasonable. Spain spent 20 years watching "multipropiedad" trap owners inside contracts they could not escape, and the timeshare legislation that now governs that territory, [Ley 4/2012, de 6 de julio](https://www.boe.es/buscar/act.php?id=BOE-A-2012-9111), superseded the earlier Ley 42/1998, de 15 de diciembre (BOE, 7 July 2012) and still rejects the term itself as inadequate. So perceiving any shared second home as a one-way door is a rational instinct. It simply does not describe what you actually hold with VIVLA. What you hold is **ownership interest in the company that owns the property**: each home is acquired through [an LLC/SL that VIVLA establishes](https://www.vivla.com/blog/owning-property-through-an-llc-makes-sense) alongside the tier 1 firm in Spain, then partitioned into 8 shares among up to 8 co-owners, each representing 1/8 of the home. That single distinction determines everything below — how the share transfers, who establishes the price, and which taxation applies. Where a figure is verified, it is cited. Where it is not, it is flagged. A number you cannot source is worse than no number. #### The exit in four facts Read this if you read nothing else. - **You transfer ownership interest, not the bricks.** The position bundles **equity in the property company (LLC/SL)**, a shareholder loan, and the usage rights — conveyed together to the next owner, with no fresh deed to draft. - **You set the price; VIVLA does not repurchase the share.** The transaction completes at **market value**, with no forced internal pricing and no discount to the operator. VIVLA supplies a Comparative Market Analysis as a reference, and the figure remains yours. - **One constraint: an initial 12-month period.** Thereafter the timeline is yours. The remaining co-owners hold a **first right of refusal**, which generally accelerates the sale rather than obstructing it. - **You pay tax on the gain.** As a resident, the gain enters the IRPF savings base, taxed from **19% to 30%** in 2026 (idealista, February 2026). #### Why this is not a timeshare exit This is the objection sitting beneath every other one, so it goes first. A timeshare and an ownership share both struggle at resale, yet for opposite reasons, and only one of those reasons would ever be the seller's to carry. A timeshare constitutes a **right of use, not ownership**, and that distinction is the entire game. The [Ley 4/2012](https://www.boe.es/buscar/act.php?id=BOE-A-2012-9111), in force since 2012, transposed Directive 2008/122/CE, governs contracts exceeding 1 year, and grants a mandatory 14-day withdrawal right. It also prohibits marketing these products as "propiedad" at all, because legally they are not property. That is precisely why such a right depreciates against a contractual clock, while its notoriously illiquid secondary market clears most resales considerably below the original purchase price. An ownership share represents the opposite proposition. Because the seller retains **equity in a company that owns a tangible asset**, the value of the position correlates with the underlying property market rather than a depreciating countdown, and a transfer therefore conveys a genuine asset position instead of a membership in a scheme. The fuller comparison lives in [fractional ownership versus timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know). That single legal difference is why the exit operates as it does. #### What you are actually selling Each VIVLA home divides into 8 equal shares, so a single share equals 1/8 of the asset. 3 components migrate to the next owner, bundled as one position. None of them is a slice of bricks inscribed in an individual name at the registry. - **Equity stake.** The ownership percentage in the property company (LLC/SL), or 1/8 for a single share. This is the component that captures appreciation, or absorbs a decline, in step with the asset. - **Shareholder loan.** The recoverable financial value attached to the share, a standard feature of this kind of structure. On exit the owner recovers it — it is not a gain, and that distinction is material for the tax. - **Usage rights.** The specific calendar. The next owner inherits it, so the booking schedule and the resident community continue undisturbed. Because the home resides inside a company, transferring the position requires no new escritura. [The LLC structure](https://www.vivla.com/blog/owning-property-through-an-llc-makes-sense) is what keeps the handover clean. #### The exit process, step by step Here is the sequence, once you decide to sell. VIVLA administers the operational steps. You retain the decisions — including the price. - **Initial 12-month period.** Resale opens after the first 12 months of ownership. This is the only holding constraint, and there is no minimum beyond it. - **Pricing.** VIVLA provides a Comparative Market Analysis of the asset's current value, and you determine the figure — no internal calculator, no imposed price. - **First right of refusal.** The remaining co-owners may purchase first, retaining the home inside the known group. This can complete a sale rapidly, before it reaches anyone outside. - **External market.** If no co-owner exercises that option, the share opens to the external market, supported by VIVLA's network of qualified buyers. - **Standard transfer.** The buyer clears VIVLA's standard vetting, the position transfers under ordinary property-company procedure, and the seller settles any tax due. The honest caveat resides in the first-refusal window. It is a feature, not a free hand — it generally accelerates the sale, yet the exit is not fully open from minute one. As for the duration of the whole process, the answer depends on the destination rather than on any brochure promise: a share in a liquid market resells on the timeline of a complete home in that same market, whereas a share where demand is thin will require longer, because that principle governs every property in Spain and not merely fractions of one. VIVLA homes maintain waiting lists across many destinations, which can render a share quicker to place than a complete home — yet it remains a real-estate transaction, constrained by market conditions and the price you establish. #### How your share is priced when the market moves Pricing is the cleanest part of the model, and the part most operators quietly avoid. VIVLA does not repurchase the share at a discount, because the seller is an owner establishing a price rather than a member cashing out, and that price is set against the asset's **current market value**, employing VIVLA's Comparative Market Analysis only as the reference point. So the share moves with the market, in both directions. If the property has appreciated the owner captures the proportional upside, and if it has declined the share falls in step, precisely as a complete home would. There is **no buy-back floor**, and anyone offering one is genuinely selling a use-right disguised as an asset. #### The tax on your gain Because you are selling shares in a company, the taxation follows a **capital gain** on that transfer, computed as the disposal value minus the acquisition value minus the associated costs of notary, registry and any agency. The shareholder-loan portion recovered on exit remains outside the gain — it is the return of a credit, which is exactly why this two-part structure becomes material when the numbers are calculated. As a Spanish tax resident, the gain enters the IRPF savings base on a progressive scale that, for 2026, operates at **19% up to 6,000 EUR**, 21% from 6,000 to 50,000 EUR, 23% from 50,000 to 200,000 EUR, 27% from 200,000 to 300,000 EUR, and **30% above 300,000 EUR**. The uppermost bracket increased from 28% to 30% with effect from 1 January 2025 ([idealista, February 2026](https://www.idealista.com/news/finanzas/economia/2026/02/12/884145-novedades-fiscales-en-ahorro-e-inversion-para-2026-asi-son-los-nuevos-tipos-de-hasta-el)). The main-residence reinvestment exemption does not apply, because this is a second home and not a "vivienda habitual". The complete picture resides in the [co-ownership tax guide](https://www.vivla.com/blog/co-ownership-tax-guide-spain-2026). Non-resident sellers face a more intricate picture, because Spanish withholding and local land taxes can apply differently depending on how the transfer is characterised — as a disposal of shares or of the underlying property. That determination is specific enough to warrant a tax adviser, so any non-resident should confirm the exact position before selling. #### Four real exit scenarios The same process produces markedly different outcomes, depending on why and when you sell. Four common cases, with no personal data. - **Year 3, life changed.** Standard process, standard timeline for the destination, taxation on whatever gain exists. Nothing exotic. - **Year 5, stronger market.** You capture the proportional upside on a share that has appreciated. This is the case the model is built for. - **One month, under pressure.** The co-owners' first-refusal window is your fastest lane — an internal buyer can complete without the external market. - **Passing it to your children.** This is succession, not a sale. The position transfers mortis causa, under inheritance rules, not capital gains. #### What this guide will not sugarcoat The point of owning a real position, instead of a use-right, is that the truth gets disclosed. So here is the part most pages omit. - If the market declines, the share falls with it, proportionally. There is no buy-back floor. - Liquidity depends on current demand for the destination. A hot market sells fast. A quiet one does not. - The co-owners hold a first right of refusal, so the exit is not fully open from minute one, though it generally accelerates the sale. - There is an initial 12-month period before resale opens. None of that is a reason not to buy. It is the difference between owning an asset and renting a promise. #### Frequently asked questions **Can I sell my VIVLA share whenever I want?** After the initial 12-month period, yes. The share is a transferable ownership position, so the timing is yours. The only standing condition is the first right of refusal for the other co-owners, which runs before the external market and generally accelerates the sale rather than blocking it. **Does VIVLA buy my share back?** No, and that is the point. VIVLA manages the sale and provides a market analysis, but the share goes to a real buyer at a price you set. You are not redeeming a membership to the operator at a discount — you are transferring an ownership position you legally hold. **What exactly am I selling?** The complete economic position: your equity stake in the property company, your shareholder loan, and your usage rights. The next owner inherits all three, including the calendar, so the home's bookings and community are not disrupted. **At what price does it sell?** At the current market value of the asset, proportional to the share. VIVLA provides a Comparative Market Analysis as a reference, but the final figure is yours. There is no internal calculator and no imposed pricing. **What about the tax?** You pay capital-gains tax on any profit. As a resident, the gain enters the IRPF savings base, from 19% to 30% in 2026. The non-resident treatment, the buyer's withholding and plusvalia municipal depend on the share-versus-property characterisation and require confirmation from a tax adviser. **What if the home has lost value?** Then the share has lost value too, proportionally, precisely like a complete home. Property can fall. That is real ownership, not a flaw in the model, and any product that guarantees otherwise deserves suspicion. *This guide is informational, not tax or legal advice. Treatment depends on your residency, the figures of your specific sale, and any double-taxation treaty. Confirm your case with a tax adviser before selling.* ### How Much a Second Home in Spain Really Costs: A 5-Year Cash Flow - URL: https://www.vivla.com/blog/how-much-second-home-spain-costs-cash-flow - Markdown: https://www.vivla.com/blog/how-much-second-home-spain-costs-cash-flow.md - Published: 22 de junio de 2026 - Categories: real estate - Reading time: 8 min > The real year-by-year cost of a second home in Spain: mortgage, IBI, community fees, maintenance, insurance and tax — compared with VIVLA co-ownership. Most second-home guides quote you a price and stop there. The price is the smallest decision you will make. An **800,000 €** home costs **18,000 to 26,000 € every year** to keep — before a single mortgage payment — and the biggest line on that bill is not the one you are watching. #### The 800,000 € home — the base case To make the numbers yours and not a brochure's, take a concrete base case: a 200 m² home in a mid-to-high coastal area, inside a development with a pool and shared areas, bought without renting it out. If the case is pricier or cheaper, the ratio holds — scale the figures to your price and the cash flow keeps its shape. The real driver of the cost, as the table will show, is not the IBI or the community fee. It is maintenance and a tax most owners discover too late. #### The 8 annual costs you need to know ##### 1. IBI (property tax) — 1,200 to 3,500 € Each town hall sets it on the cadastral value. The national average runs 400-1,300 € (Fotocasa), but an 800,000 € home in a prime coastal area climbs to 1,200-3,500 € a year. Ask the seller for the last bill before you buy: that is the exact number, no guessing. ##### 2. Community fees — 800 to 3,000 € With a pool, garden, lift and security, the fee climbs fast. Fotocasa puts the general range at 20-200 €/month; in a prime development with services, count on 1,500-3,000 € a year. Ask too whether special levies are coming: a new façade or lift gives no warning. ##### 3. Insurance — 350 to 700 € Insuring a second home costs more than your main one. It sits empty much of the year, so it is more exposed to break-ins and to damage nobody catches in time (Fotocasa). It is the smallest cost on the list, and the one you notice most when it fails. ##### 4. Minimum utilities — 1,200 to 2,000 € Even if you do not set foot in it for six months, the standing charge on electricity, water and gas runs just to keep the supply connected — count on 100-170 €/month in minimums alone. Disconnecting and reconnecting each season costs more than leaving it on. ##### 5. Maintenance — 1% of value (8,000 €) The sector's rule of thumb: set aside 1% of the property's value a year for upkeep and periodic repairs. On 800,000 €, that is 8,000 € a year. Some years nothing gets spent; the year of the roof, the boiler or the façade, the provision earns its keep. This is the line that inflates the real cost most, and the one most owners ignore. ##### 6. Income tax — the imputed-income charge almost nobody calculates Here is the invisible cost. The Spanish tax office treats a second home at your disposal as if it generated income, even sitting empty, and imputes it to income tax: 2% of the cadastral value, or 1.1% if that value was revised in the last 10 years through a collective assessment (Agencia Tributaria, article 85 of the Income Tax Law). Against that amount no expense at all is deductible. On a cadastral value of 400,000 €, that is 4,400 € added to the taxable base and taxed at your marginal rate: between 1,600 and 2,000 € a year, just for owning it. ##### 7. Accountant & filing — 200 to 400 € You can file the return yourself — imputed income, IBI and the rest — but an accountant runs 200-400 € a year. Small but recurring, and worth it: getting the imputation wrong means a parallel assessment with interest. ##### 8. Cleaning & upkeep — 600 to 1,500 € Someone has to open, air, clean and check the house between stays. If you do not live nearby, that is 600-1,500 € a year in periodic service. It is not optional in a home that spends months closed: damp and neglect cost more than the cleaning. #### Year-by-year cash flow (800,000 € base case, 5 years) Here it all is, in one place. The 80,000 € in Year 0 is not the price of the home — that base case is the 800,000 € above. It is what you pay on top to close the purchase: transfer tax of 8-10%, notary, registry and stamp duty, roughly 10% of the price. The one-off side is covered in our guide to the [costs of buying a house in Spain](/blog/costs-of-buying-a-house-in-spain). Years 1 to 5 are running costs, and the last row — the cumulative total — is the one worth reading twice. Concept | Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Purchase – transfer tax + fees (one-off) | 80,000 | — | — | — | — | — | IBI | — | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | Community | — | 2,200 | 2,200 | 2,200 | 2,200 | 2,200 | Insurance | — | 550 | 550 | 550 | 550 | 550 | Min. utilities | — | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | Maintenance (1%) | — | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | Income tax (imputed) | — | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | Accountant | — | 350 | 350 | 350 | 350 | 350 | Cleaning/upkeep | — | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | ANNUAL TOTAL | 80,000 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | CUMULATIVE | 80,000 | 98,300 | 116,600 | 134,900 | 153,200 | 171,500 | *Figures in €. Base case 800,000 €. Year 0 = purchase costs; years 1-5 = running costs.* Five years of ownership: about 171,500 € out the door, of which 91,500 € is pure running cost that never comes back (the rest is the purchase). And that is before a single euro of mortgage. Finance 60% of the price — standard for a second home — and the interest stacks on top. #### And if you put it on holiday let... The popular assumption: I rent it out and it pays for itself. The numbers say otherwise. Gross rental yield in Spain ran about 6.7% in Q1 2026 (idealista); on 800,000 € that looks like 48,000 € a year. But out of that come professional management (20-25%), the 4-6 weeks kept for personal use and not earning, income tax on the return, and the accelerated wear of a home that cycles guests. The real net yield drops to 2-4%. Then there is the regulation, shifting under your feet. The national single rental register (NRA) was mandatory from July 2025, and the Supreme Court struck it down in May 2026 (ruling 620/2026). Still in force: the single digital window that shares data with the platforms, and the regional registers — the Balearics, the Canaries and others keep their own, each with its own limits. The translation: buy to rent, and the purchase includes a moving regulatory target. Price it in. #### Co-ownership: how the cash flow changes Managed co-ownership does not touch one line of the list above. It touches all of them at once. The buyer takes a fraction (one-eighth) with registered title, not a usage right, and a single annual fee covers maintenance, management, cleaning, insurance and turnaround. The capital required is a fraction of full ownership, and the recurring running cost for the co-owner is around **3,000-8,000 €** a year. The honest comparison has two readings, and they should not be mixed: - **Capital tied up:** a one-eighth share instead of the whole 800,000 €, plus the ~80,000 € purchase you skip. That is where the ~85% saving sits: the bulk of your capital stays free. - **Annual running cost:** ~3,000-8,000 € versus 18,000-26,000 €, and none of the management lands on you. The saving here is large too — on the order of 65-85% — and it comes with something no table shows: zero calls from the plumber. Concept | Full ownership | Co-ownership 1/8 (VIVLA) | Initial capital | 800,000 € + ~80,000 € purchase | ~85% less (one-eighth share) | Running cost/year | 18,000-26,000 € | ~3,000-8,000 € | Management | Yours, 52 weeks a year | Included (VIVLA) | Typical use/year | Whatever you manage; fixed cost stays | ~6 weeks, ready to use | Appreciation | 100% of the asset | 100% of your fraction (same proportion) | #### The key question: who captures the appreciation? The most common objection: 'with co-ownership I don't get the appreciation.' False. With full ownership you capture 100% of the asset's appreciation. Co-ownership captures 100% of your fraction: own an eighth, and when the house rises 14%, that eighth rises the same 14%. Same proportion, far less capital tied up. The gain is not split worse; it is split the same, on a smaller base you chose. #### Frequently asked questions ##### What does it cost to keep an 800,000 € home empty? Between 18,000 and 26,000 € a year in running costs (IBI, community fees, insurance, minimum utilities, maintenance, imputed income tax, accountant and cleaning), before any mortgage. Empty does not mean cheap: maintenance, minimum utilities and the imputed-income charge are paid regardless. ##### Is second-home maintenance tax-deductible? If the home is empty or for personal use, no: against the income the tax office imputes, no expense is deductible (Agencia Tributaria, art. 85 LIRPF). It only changes with a rental: for the rented days, the proportional expenses (IBI, community fees, insurance, interest) are deductible against the rental income. ##### What does VIVLA's annual fee include? Maintenance, full management, cleaning, insurance and turnaround between stays, plus the proportional share of IBI and community fees. The idea is a predictable fee and nothing to manage — no providers, no bills, no surprises. ##### Do I pay IBI in a co-ownership? Yes, but proportional to your fraction and normally bundled into the annual fee, not a separate bill you have to chase. The co-owner pays an eighth of the home's IBI, just as they capture an eighth of the appreciation. ##### And if I put it on holiday let? Gross yield averaged about 6.7% in Q1 2026 (idealista), but the real net drops to 2-4% after management, tax, personal-use weeks and wear. Add a moving regulatory target: the national register was struck down by the Supreme Court in May 2026, while regional registers stay in force. Count on it before you assume it pays for itself. ### The 9 Best Places to Invest in a Second Home in Spain in 2026: A Market Report - URL: https://www.vivla.com/blog/best-places-invest-second-home-spain-2026 - Markdown: https://www.vivla.com/blog/best-places-invest-second-home-spain-2026.md - Published: 22 de junio de 2026 - Categories: destinos - Reading time: 11 min > A data-led report on the 9 best destinations to invest in a second home in Spain in 2026: appreciation, rental yield, liquidity and regulation by market. Most second-home guides lead with a postcard and a feeling. This one leads with data, because the gap between Spain's headline numbers and what they mean for a buyer is where money is made or lost. Free-market housing closed 2025 up **13.1% year on year at 2,230 EUR/m2**, a record since the official series began (Ministerio de Vivienda). Resale prices ran faster, up **16.9% year on year to 2,748 EUR/m2 in April 2026** ([idealista](https://www.idealista.com/news/inmobiliario/vivienda/2026/05/05/895924-el-precio-de-la-vivienda-usada-vuelve-a-subir-a-doble-digito-hasta-un-16-9-en-abril)). None of that tells you where to buy. The national average is the least useful number in real estate. What follows ranks **nine destinations** on the factors that actually decide whether a second home holds its value, plus the model that changes the entry math entirely. #### Why is 2026 still a sellers' market for second homes? Because supply is tight, financing eased, and demand keeps widening. Every Spanish region posted double-digit annual gains into 2026, led by Murcia (23%), Cantabria (19.2%), Asturias (17.7%) and Andalusia (17.6%) (idealista, April 2026). Gross residential rental yield, meanwhile, slipped from 7.3% to **6.7%** in Q1 2026 (idealista): prices are outrunning rents. The pressure is structural — limited new build and a chronic shortage in exactly the coastal, island and capital markets buyers want. Here is the snapshot, by destination. - **Madrid** — capital at 5,960 EUR/m2, up 9% year on year; the deepest, most liquid resale market in Spain. Liquidity and capital growth. - **Mallorca** — the Balearic region is the most expensive in Spain at 5,252 EUR/m2 (idealista); prime Andratx and Son Vida trade above 5,600 EUR/m2. Low risk, deep prime market. - **Ibiza** — among Spain's most expensive municipalities, with new tourist-rental licences frozen since 2022. Peak rental yield. - **Menorca** — UNESCO Biosphere status structurally caps supply. Steady multi-year appreciation. - **Costa del Sol (Marbella)** — Andalusia resale up 17.6% year on year; the deepest international resale pool in Spain. - **Baqueira-Beret** — counter-seasonal mountain demand; around 5% of prime transactions are already fractional (idealista, early 2026). - **Costa Brava** — Catalonia resale up 14.1% year on year; planning rules cap new supply. Discreet value. - **Asturias / Cantabria** — the fastest momentum off a lower base (Cantabria +19.2%, Asturias +17.7%), entry around 1,800-2,200 EUR/m2. Lower entry, rising curve. - **Canary Islands** — regional average 3,283 EUR/m2, up 10.1% year on year (idealista); 22.8% of Q1 2026 buyers were foreign, third-highest in Spain. Year-round occupancy. #### How did we select the nine destinations? Five factors, weighted equally, applied before any list was drawn up. A serious report shows its method; a listicle hides it. - **Five-year appreciation** — sustained growth, not one hot quarter. - **Liquidity** — how fast a quality home sells at market price, which protects your exit. - **Gross vacation-rental yield** — income potential if you let. - **Regulatory stability** — local short-term-rental rules and clampdown risk. - **International buyer demand** — depth of the resale pool. One macro factor sits above all nine: Spain ended its Golden Visa residency-by-investment scheme on 3 April 2025. It mattered less to these prime markets than headlines suggested, since most luxury demand is lifestyle-driven, but confirm it with a tax adviser if residency is part of your thesis. #### 1. Madrid — the liquidity and investment play Madrid is not a beach market, and that is the point: it is where capital goes when liquidity and appreciation matter more than coastline. The capital reached **5,960 EUR/m2 in April 2026, up 9% year on year**, and held 5,984 in May (idealista). The Comunidad de Madrid is the second most expensive region in Spain after the Balearics at 4,707 EUR/m2, prime districts clear 8,000, and Salamanca tops 10,000; the province's used-home prices rose 13.5% year on year. The case is structural — the deepest buyer pool in the country, the shortest selling times, and demand that does not depend on summer. For a buyer who wants a pied-a-terre that also compounds and stays liquid, Madrid is the lowest-friction hold on this list. It is also the one destination here VIVLA does not operate, which is precisely why it belongs at the top of an honest ranking. #### 2. Mallorca — the low-risk lifestyle option Mallorca is where you buy when capital preservation matters more than maximum yield. The Balearic region is the most expensive in Spain at **5,252 EUR/m2** (idealista), and the prime southwest trades far higher: Andratx runs **5,635 to 6,672 EUR/m2** and topped 7,000 in 2025, up roughly 14% year on year, while Son Vida sits above 5,500 (Engel & Voelkers). The point is not the price; it is the **depth of the market**. A well-located Mallorca home has a broad pool of domestic and international buyers, which keeps days-on-market low and protects your exit. Short-term-rental activity is governed by Balearic regulation, so confirm the licence status of any specific property. #### 3. Ibiza — the highest vacation-rental yield Ibiza produces the strongest gross rental returns here, concentrated in a fierce July-to-August peak. That seasonality is the catch: occupancy outside summer is thin, and the island froze new tourist-rental (VFT) licences in 2022, so the supply of legally lettable homes is effectively fixed. It remains among the most expensive municipalities in Spain by price per square metre. Buy here for income and scarcity value, not for liquidity. #### 4. Menorca — the Mediterranean's quiet compounder Menorca is the steady one. As a UNESCO Biosphere Reserve, the island has a structural ceiling on development, which supports values on the way up and limits new supply indefinitely. Its season also runs longer and calmer than Ibiza's. VIVLA's own search data shows real, under-served demand here — exactly the signal a report should act on rather than ignore. #### 5. Costa del Sol (Marbella) — the international magnet The Costa del Sol has the deepest international buyer base in Spain: British, German and Nordic capital concentrated along Marbella's Golden Mile. Andalusia resale prices rose **17.6% year on year** into 2026 (idealista), among the steepest in the country. That international depth is the asset, because it widens your resale pool well beyond domestic demand. #### 6. Baqueira-Beret — the premium snow play The only mountain destination on this list, and that is the point. Baqueira-Beret's demand peaks in winter, a natural counterweight to a coastal portfolio that sits empty from October to May. Premium ski property in the Spanish Pyrenees is scarce and tightly held — and it is already the clearest proof of where this market is heading: idealista reported in early 2026 that around **5% of prime Baqueira transactions are already fractional co-ownership**. #### 7. Costa Brava (Begur, Cadaques) — discretion and scarcity The Costa Brava offers steadier, less volatile growth than the Costa del Sol, with strict planning rules in Begur and Cadaques that cap new supply and support prices. Catalonia resale prices rose **14.1% year on year** into 2026 (idealista). It draws discreet high-net-worth demand, much of it French. #### 8. Asturias / Cantabria — the new premium north The clearest momentum play. Cantabria resale prices rose **19.2%** and Asturias **17.7%** year on year into 2026 (idealista), among the fastest in Spain and off a much lower base: entry sits around 1,800 EUR/m2 in Asturias and 2,190 in Cantabria, a fraction of island levels. The driver is post-pandemic demand from Madrid and Barcelona buyers seeking cooler summers. VIVLA already sees strong branded demand across the region. #### 9. The Canary Islands — the year-round play Every other destination on this list has a season. The Canaries do not. Sitting off the coast of Africa, the islands stay warm through January — exactly when Mallorca, Ibiza and the Costa del Sol go quiet — which lets a holiday let in Tenerife or Gran Canaria fill weeks in February that a mainland villa cannot. The demand shows in the numbers. The regional average is **3,283 EUR/m2, up 10.1% year on year** (idealista, April 2026), strong appreciation at a price point still well below the Balearics or Madrid. And **22.8% of all island purchases in Q1 2026 were made by foreign buyers** (Registradores), the third-highest share in Spain after the Balearics and the Valencian Community — this is not a market that depends on domestic demand to hold its value. The honest catch is regulation, and it is a real one. In December 2025 the islands passed **Ley 6/2025**, described by the regional holiday-rental association (ASCAV) as the most restrictive short-let law in Spain. It caps tourist use at 10% of the housing stock per municipality (20% on La Palma, La Gomera and El Hierro), freezes new licences for up to five years while town halls rewrite their planning, and requires new-builds to spend their first decade as residential housing. Properly registered existing lets can consolidate and keep operating — but the era of buying anything and listing it is over. Here you buy a home that is already legally licensed, not one you hope to license later. Who it is for: the buyer who wants rental income across the whole calendar rather than a summer spike, and who will do the licensing due diligence to earn it. Like Madrid, VIVLA does not operate here — the Canaries make this list because the data puts them here, not because we have a home to sell you on them. #### The alternative that changes the math: co-ownership Everything above assumes you buy 100% of a home. That assumption is what prices most buyers out of these markets. With [fractional co-ownership](https://www.vivla.com/blog/what-is-fractional-ownership), the entry ticket and the running costs both divide across eight owners, while the asset stays in the same prime locations. The shift is structural, not cosmetic. Instead of freezing 1M+ EUR of capital in a holiday home, co-ownership lets you access these premium homes at a fraction of the cost — shares in VIVLA's portfolio start from around **135,000 EUR**. Annual costs run roughly **3,000 to 5,000 EUR** with the property fully managed, you capture **100% of the appreciation on your share**, and you hold a deeded, inheritable, resellable share recorded at the Registro de la Propiedad — not a usage right. VIVLA reports that resale of a share typically completes in one to two months, and owners can hold fractions in several destinations through its exchange network. VIVLA operates or is expanding across several of these markets — Baqueira, Menorca and the premium north of Asturias and Cantabria among them, with more coming. For a buyer who would genuinely use a home a few weeks a year, that reorders this entire ranking, because the available inventory and the cost per week of enjoyment both change. Explore [the current VIVLA homes across these destinations](https://www.vivla.com/listings). #### Frequently asked questions ##### Where is the best place to invest in a second home in Spain in 2026? It depends on what you optimise for. For liquidity and capital growth, Madrid. For low-risk prime lifestyle, Mallorca. For peak vacation-rental yield, Ibiza. For year-round occupancy and winter demand, the Canary Islands. For stable multi-year appreciation, Menorca and the Costa Brava. For the deepest international resale market, the Costa del Sol. For a counter-seasonal mountain asset, Baqueira-Beret. For the fastest momentum off a lower base, Asturias and Cantabria. Appreciation is highly uneven by region, so the destination matters more than the timing. ##### Is Madrid or Mallorca a better investment? Madrid offers the deepest, most liquid market in Spain and demand that does not depend on the season, which makes it the lower-friction hold for capital growth. Mallorca offers scarcer prime stock and stronger lifestyle pull, with the most expensive region-level prices in the country. Madrid suits buyers prioritising liquidity; Mallorca suits buyers prioritising a prime second home they will actually use. ##### How much does a second home cost in Spain? Entry tickets in prime destinations start well above the national average of about 2,230 EUR/m2 for free-market housing (Ministerio de Vivienda). Acquisition costs add roughly 10 to 13% on top, and annual running costs run about 1 to 2% of value. Co-ownership divides both across eight owners, with entry fractions from around 135,000 EUR. ##### What taxes do I pay when buying? On a resale, ITP transfer tax of 6 to 10% by region; on a new-build, 10% VAT plus stamp duty. Notary, registry and legal fees add 2 to 3%. Once owned, an empty second home is taxed on imputed income under Article 85 IRPF at 1.1% or 2% of cadastral value. ##### What is the average vacation-rental yield? Gross residential rental yield in Spain was 6.7% in Q1 2026 (idealista). After costs, taxes and management, net yields typically settle at 3.5% to 4.5%. ### Rent, Buy or Co-Own: How to Decide on Your Second Home in Spain - URL: https://www.vivla.com/blog/rent-vs-buy-vs-co-ownership-second-home - Markdown: https://www.vivla.com/blog/rent-vs-buy-vs-co-ownership-second-home.md - Published: 15 de junio de 2026 - Categories: copropiedad - Reading time: 10 min > Rent, buy outright or co-own a second home in Spain? A 10-year comparison of cost, ownership, liquidity and which option fits your annual usage, with 2026 data. Most articles on this topic argue for one answer. This one does not, because the honest answer turns on three things most buyers never weigh together: how many weeks a year you will genuinely use the home, how much you want the capital to return, and how much operational hassle you are willing to carry. Get those right and the decision makes itself. Spain's market makes the stakes real. Gross residential rental yield was **6.7% in Q1 2026** ([idealista](https://www.idealista.com/news/inmobiliario/vivienda/2026/04/07/891696-la-rentabilidad-de-la-vivienda-cae-hasta-el-6-7-en-el-arranque-de-2026)), free-market prices closed 2025 up 13.1% year on year (Ministerio de Vivienda), and annual running costs on a vacant second home run 1 to 2% of its value whether you use it or not. Three options, three very different cash-flow profiles. #### What are the three ways to have a second home? Renting, buying outright, and fractional co-ownership. Each solves a different problem. ##### Vacation renting You pay per stay through Booking, Airbnb or a local agency. Zero capital tied up, total flexibility on location, nothing to maintain. The trade-off is absolute: you capture no appreciation, build no asset, and every euro you spend is gone — in peak weeks in prime destinations the nightly rate is brutal. ##### Buying outright You own 100% of a home. Full control, full appreciation, full inheritance. You also carry the full entry ticket, the full annual cost, and the full operational and tax burden, every month, used or not. We cover the buy-side math in depth in [our guide on whether you should buy a second home in Spain](https://www.vivla.com/blog/should-you-buy-second-home-spain). ##### Fractional co-ownership You buy a deeded share, typically one-eighth, of a single home through a Spanish SL company, recorded at the Registro de la Propiedad. You get around six weeks of use a year and split every cost line with the other owners. Real, resellable, inheritable property; a fraction of the ticket and the burden. A handful of specialist operators now offer this in Spain, Vivla among them. #### The 10-year comparison, factor by factor This is the comparison that matters. It assumes a buyer who can put up to 100,000 EUR a year toward a second home and weighs the three routes over a decade on a prime reference home. The percentage cost structures are anchored in current Spanish data; the Vivla figures are the operator's own. - **Entry ticket** — Rent: none. Buy outright: full price plus 10-13% acquisition costs. Co-own: from around 100,000 EUR for a one-eighth share. - **Annual fixed cost** — Rent: only what you book. Buy: 1-2% of property value. Co-own: roughly 3,000-5,000 EUR, fully managed. - **Real property?** — Rent: no. Buy: yes. Co-own: yes, a deeded share at the Registro de la Propiedad. - **Appreciation captured** — Rent: none, the money is spent, not recovered. Buy: 100%. Co-own: 100% of the appreciation on your share. - **Exit and liquidity** — Rent: instant, you just stop booking. Buy: a median of 4-7 months to sell. Co-own: resale of the share through a managed secondary market, which Vivla reports typically completes in 1-2 months. - **Management burden** — Rent: none. Buy: you, or a manager at 15-25%. Co-own: none, the home is fully managed. - **Scalability** — Rent: trivial, but builds nothing. Buy: one home, all your capital. Co-own: hold fractions in several destinations through Vivla's exchange network. - **Imputed income tax (empty)** — Rent: none. Buy: Article 85 IRPF on the full value. Co-own: Article 85 IRPF, pro rata on your share. Read it line by line. Renting wins on flexibility and zero burden, and builds nothing. Buying wins on control and full upside, and loses on cost and operational weight. Co-ownership sits between, with real ownership in prime locations at a fraction of the carrying cost and none of the management. #### When does each option actually make sense? ##### When renting makes sense You travel fewer than **two weeks a year**, you rotate destinations rather than returning to one, and you have no interest in a patrimonial asset. At that usage, the per-week cost of renting an excellent villa is far below the all-in cost of owning one that sits empty 50 weeks a year. Flexibility is the feature, and you are not trying to build anything. ##### When buying outright makes sense You will genuinely spend **12 or more weeks a year** in a single location for the next decade, you hold 800,000 to 1,000,000 EUR liquid (so the capital is not your only nest egg), and you want to capture all of the appreciation, often as a generational asset. At that usage and that liquidity, full ownership is the right tool and the math holds. ##### When co-ownership makes sense Your real usage sits at **2 to 12 weeks a year**, your budget is in the low-to-mid six figures rather than seven, and you want real property in a top location without the full ticket or the job of running an empty house. This is the band most second-home buyers actually fall into once they count honestly, and it is the band the market has historically served worst. On the numbers above — entry, annual cost, management and appreciation captured per euro deployed — co-ownership is the rational choice across this entire range. #### The 4 mistakes people make choosing - **Underestimating the cost of an empty home.** IBI, community fees, insurance, standing utilities and maintenance on an 800,000 EUR home run roughly 6,000 to 8,000 EUR a year before anyone sleeps there. - **Assuming the rental pays the mortgage.** Net yields land at 3.5 to 4.5% after costs and tax, not the 6.7% gross headline (idealista, Q1 2026), and Spain's tightening short-term-rental rules and mandatory rental registry make operation harder than it was three years ago. - **Confusing co-ownership with a timeshare.** Co-ownership is a deeded, resellable share of the real estate. A timeshare is a usage right with no underlying asset. - **Ignoring the exit.** Spanish coastal property takes a median of 4 to 7 months to sell when priced correctly, and selling triggers capital gains tax, plusvalia municipal, and a 3% retention for non-resident sellers. #### Where does co-ownership cross over to buying outright? There is a rough economic break-even, and it turns on three thresholds at once. If you will use the same home **more than 12 weeks a year**, AND you hold **800,000 to 1,000,000 EUR liquid**, AND you intend to keep it **more than seven years**, full ownership starts to win mathematically, because you capture 100% of the appreciation and amortise the fixed costs over heavy use. Fall below any one of those three, and co-ownership delivers more enjoyment and more asset per euro. The point is not that one option is universally best. It is that the right choice is a function of your honest week count, your liquidity and your holding horizon — run those three numbers first, and for the 2-to-12-week buyer the comparison above lands on co-ownership. #### Frequently asked questions ##### Is it profitable to buy a second home in Spain to rent it out? Gross yield was 6.7% in Q1 2026 (idealista), but net yields land at 3.5 to 4.5% after costs, management and tax. It is profitable mainly with professional operation in a year-round market such as Malaga capital, Alicante or central Mallorca, at which point it is a small business, not a vacation home. ##### What is the difference between co-ownership and a timeshare? Co-ownership is a deeded, inheritable, resellable share of a single home recorded at the Registro de la Propiedad, with around six weeks per share allocated by rotating priority. A timeshare is a usage right to a fixed week, with no underlying real-estate asset. ##### How much does it cost to keep an empty second home in Spain? Annual running costs run 1 to 2% of property value even when the home is empty: IBI, community fees, insurance, standing utilities, maintenance and imputed income tax under Article 85 IRPF. For a 450,000 EUR home that is roughly 4,500 to 13,000 EUR a year. ##### Can I rent out my share in a co-ownership? It depends on the operator and the home's operating agreement, so confirm the rules before buying. The Vivla model centres on personal use of your allocated weeks; review the SL operating agreement with independent legal advice. ##### How long does it take to sell a second home in Spain? A median of 4 to 7 months in coastal markets when priced at market, longer when overpriced. Selling triggers capital gains tax, plusvalia municipal, and a 3% retention for non-resident sellers. ### Buying Property in Spain for Foreigners: Complete Guide [2026] - URL: https://www.vivla.com/blog/buying-property-spain-foreigners-2026-guide - Markdown: https://www.vivla.com/blog/buying-property-spain-foreigners-2026-guide.md - Published: 22 de mayo de 2026 - Categories: properties - Reading time: 7 min read > Around 90,000 foreigners buy property in Spain every year. The process has traps: taxes most people don't see coming, a document you absolutely need before anything else, and a series of mistakes that cost foreign buyers tens of millions of euros annually. #### Why Spain continues to attract international buyers Spain remains one of Europe’s most attractive second-home markets, combining climate, accessibility, lifestyle, and relatively strong long-term demand across many coastal regions and islands. Foreign demand has continued to grow in recent years, particularly in destinations such as the Balearic Islands, Costa del Sol, and Costa Blanca. In the Balearic Islands alone, **foreign buyers account for roughly 30–35% of all property purchases**, while nationally international buyers represent around 15% of transactions. For many buyers, owning a property in Spain is less about speculation and more about lifestyle: spending more time outdoors, creating a Mediterranean base for family and friends, or escaping colder climates throughout the year. At the same time, buying property abroad naturally comes with additional legal, administrative, and operational complexity — especially for buyers unfamiliar with the Spanish system. For buyers considering a second home in Spain, understanding the process upfront makes the experience significantly smoother — particularly when navigating a different legal and administrative system. Below is a practical overview of the main steps, timelines, and costs typically involved when purchasing property in Spain as a foreign buyer in 2026. #### The 8-step process — what actually happens From serious buyer to holding the keys: typically 2 to 4 months. Here's what you're navigating. 1. **Get your NIE.** Your Número de Identificación de Extranjero — the foreign ID number without which nothing in Spain moves. No bank account, no contract signing, no tax payments. Start this before you find the property. Full section below. 2. **Open a Spanish bank account.** You'll need one to transfer the purchase price and pay ongoing taxes and fees. BBVA, Santander, CaixaBank, Sabadell all handle non-resident accounts. Some require in-person; some can be done remotely. 3. **Find the property. Check the *****Nota Simple*****.** The Nota Simple is a one-page document from the Property Registry showing who actually owns the property, whether there are outstanding mortgages registered against it, and its legal status. Read it before you fall in love with the kitchen. 4. **Hire a Spanish property lawyer.** Not legally required. Practically non-negotiable for non-residents. Your lawyer reviews contracts, verifies clean title, checks for hidden debts, and makes sure the contract protects you — not just the seller. Cost: 1 to 1.5% of the purchase price. 5. **Sign the Reservation Contract.** Short document, small deposit (€3,000–6,000), takes the property off the market while due diligence runs. 6. **Sign the *****Arras***** (Private Purchase Contract).** The main pre-sale agreement. You pay 10% of the purchase price here. If you walk away, you lose the 10%. If the seller walks away, they owe you double. This is binding. Have everything verified before you sign. 7. **Mortgage approval (if applicable).** 4 to 6 weeks for non-resident applications. Start early. The NIE and the mortgage are the two most common sources of delay. 8. **Sign the *****Escritura***** at the notary.** Final deed. Both parties, public notary, in person. You pay the balance plus taxes and fees. The notary registers the transfer. You get the keys. #### The NIE — your first priority The NIE is the single biggest time-killer for foreign buyers. Without it: no legal documents, no bank account, no taxes paid. Without it, you're frozen. Three ways to get it: - **In Spain, in person.** Oficina de Extranjería or National Police station. Form EX-15 (EU) or EX-18 (non-EU). Fee: ~€10. Processing: same day to 2 weeks depending on location. Book the appointment online — walk-ins rarely work. - **At a Spanish consulate in your country.** Slower (4–8 weeks typically) but means no special trip before starting your search. - **Via your lawyer with Power of Attorney.** Adds €200–400 in fees. Saves you the queue and the trip. Most practical if you're managing the purchase remotely. Start the NIE process the moment you decide to seriously look. Not when you've found the right property — when you decide to look. It's the most avoidable delay in the whole timeline. #### Taxes and costs — the number that surprises everyone The purchase price isn't what you pay. **Add 10 to 12% on top.** Every time. Without exception. Where that goes: - **Transfer Tax (ITP):** 6–11% of purchase price, depending on autonomous community. Resale properties only. In Andalucía: 7%. In Cataluña: up to 11%. In Madrid: 6%. - **VAT + Stamp Duty (IVA + AJD):** for new builds only. 10% IVA plus 1–1.5% AJD. - **Notary fees:** 0.5–1%. Legally regulated. - **Property Registry:** 0.1–0.25%. - **Lawyer:** 1–1.5%. Non-resident buying without a lawyer is a category error. **Example — €500,000 villa in Andalucía :** - ITP **(ITP 7%)**: €35,000 - Notary + Registry: ~€5,000 - Lawyer: ~€6,500 - **Total extra: ~€46,500** - **Total outlay: ~€546,500** Understanding these costs upfront helps buyers plan more realistically from the beginning. #### Common mistakes international buyers should avoid 1. **Skipping the lawyer.** Around 40% of foreign buyers try to navigate the purchase without independent legal advice. The risks: properties with undisclosed debts, planning irregularities that restrict your use, contracts that protect the seller. 1–1.5% is not a big number against the downside. 2. **Not reading the Nota Simple.** This single document tells you who owns the property, what mortgages are registered against it, and whether there are any restrictions. Read it. Or make sure your lawyer has. 3. **Underestimating total costs.** 10–12% extra. It's not negotiable. Plan for it. 4. **Ignoring tourist rental regulations.** Ley 1/2025 significantly tightened holiday rental licensing across Spain. If you plan to rent the property when you're not there, check the specific licensing status for that municipality before you commit. 5. **Buying 100% of a property you'll use 8% of the year.** See the last section. #### When co-ownership can make more sense than buying a whole property For buyers who mainly want to enjoy a few weeks per year in Spain rather than own and manage an entire property full-time, co-ownership can often be a more practical alternative. Instead of purchasing 100% of a property alone, buyers purchase a fraction — for example 1/8 ownership — while sharing many of the costs and operational responsibilities. In practice, this can simplify many of the steps described above: - **NIE number and legal setup.** Obtaining an NIE number is still required, but VIVLA connects buyers with trusted English-speaking legal and tax partners who can usually organize much of the process remotely and digitally. - **Property search and negotiations.** Instead of spending months searching portals, organizing viewings, comparing locations, and negotiating prices, buyers can choose from a curated portfolio of homes in destinations such as Ibiza, Mallorca, Costa del Sol, and Costa Blanca. - **Due diligence and *****Nota Simple*****.** The property search, negotiation, legal verification, due diligence, and Nota Simple review have already been completed before a home is offered through VIVLA. - **Reservation contracts, *****Arras*****, and *****Escritura*****.** Reservation contracts, Arras agreements, and the original Escritura process are already handled upfront by VIVLA during the acquisition of the property itself. As a result, buyers avoid much of the traditional 2–4 month acquisition timeline and can often complete their co-ownership purchase in a matter of weeks to start enjoying their property as soon as possible. - **Taxes and acquisition costs.** Taxes and acquisition costs associated with purchasing the property are already incorporated into the VIVLA share price, helping buyers avoid many of the unexpected additional costs often associated with buying property abroad independently. - **Tourist rentals and unused weeks.** For owners who are not using all of their weeks personally, VIVLA also offers internal rental and exchange possibilities within its owner network, reducing the need to independently navigate short-term rental logistics and evolving tourist rental regulations. - **Property management and ongoing administration.** In addition, furnishing, maintenance, cleaning, utilities, operational management, and many ongoing administrative processes are already organized through VIVLA, helping simplify ownership after the purchase itself. Before moving into the practical questions below, it’s worth remembering why so many international buyers continue to go through this process in the first place. For most people, buying property in Spain is not just a financial decision — it’s about lifestyle: more time outdoors, long Mediterranean summers, family gatherings, slower routines, and having a place to return to year after year. The legal and administrative side matters, but ultimately the goal is simple: spending more time enjoying Spain itself. #### Frequently asked questions ##### **Do I need a lawyer to buy property in Spain?** Not legally required, but strongly recommended for non-resident buyers. A Spanish property lawyer helps verify ownership, contracts, debts, and planning permissions. ##### **How long does the process take?** Typically 2–4 months from accepted offer to Escritura. Mortgage financing and the NIE process are often the longest parts of the timeline. ##### **Can foreigners buy property in Spain?** Yes. Spain places no general restrictions on foreign property buyers, including EU citizens, UK citizens post-Brexit, Americans, Dutch, and other non-Spanish nationals. UK buyers should keep in mind the 90/180-day rule post-Brexit, and property ownership itself no longer provides residency through the Golden Visa programme, which ended in 2025. Depending on nationality and personal circumstances, additional tax or residency considerations may still apply. ##### **Can non-residents get a mortgage in Spain?** Yes. The non-resident mortgage market in Spain is active, and many international buyers finance part of their purchase through Spanish banks such as BBVA, Santander, and Sabadell International. Non-resident buyers can typically finance around 60–70% of the property value, depending on the bank, income profile, and property type. Mortgage approvals usually take around 4–6 weeks and require documents such as tax returns, bank statements, proof of income, and credit history. Working with a specialist non-resident mortgage broker can often simplify the process significantly and help buyers access more competitive conditions. ##### **Can I rent out my property?** In principle yes, although tourist rental licensing requirements vary significantly by region and municipality and have become stricter in many parts of Spain in recent years. ##### **Is now a good time to buy in Spain?** Spanish property prices rose 11.2% in 2024 according to INE data, while many premium coastal and island markets continue to experience constrained inventory and strong international demand. Most analysts expect lifestyle-driven markets such as the Balearic Islands, Costa del Sol, and Costa Blanca to remain structurally attractive over the long term due to limited supply, international demand, climate, and accessibility. For many buyers, Spain continues to represent not only a real estate opportunity, but also a lifestyle investment — and historically, Spain has consistently remained one of Europe’s most desirable second-home destinations. ### Sharing a Second Home in Spain: Legal, Financial and Lifestyle Guide - URL: https://www.vivla.com/blog/sharing-second-home-spain-guide - Markdown: https://www.vivla.com/blog/sharing-second-home-spain-guide.md - Published: 19 de mayo de 2026 - Categories: real estate > Sharing a second home in Spain is legal and increasingly common, but the three available formats (informal co-ownership, formal fractional, private timeshare) work under very different rules. This guide covers the legal framework (Civil Code arts. 392 to 406), the financial side (imputed income, cost splits, taxes on exit), and the lifestyle questions (usage calendar, maintenance, guests) that actually determine whether shared ownership works in practice. #### Three ways to share a second home in Spain (and why the format matters) Most people use "sharing a second home" as a single concept, but Spanish law and Spanish tax treat at least three very different arrangements under that umbrella. The format you choose determines who decides what, who pays for what, and who can force a sale. **Informal co-ownership (comunidad de bienes).** Two or more people buy a property together and appear on the deed as co-owners with stated percentages. This is the most common path for siblings inheriting a family home, friends pooling resources to buy a coastal apartment, or couples buying with parents. It's regulated by Articles 392 to 406 of the Spanish Civil Code, which set the default rules when no other agreement exists. **Formal fractional co-ownership.** A professional operator structures the ownership through a single-purpose vehicle (usually an SL), divides it into shares (typically eight), and handles management, calendar, maintenance and resale. Each owner buys a share and gets a guaranteed allocation of weeks per year. This is the Vivla model, and the legal and financial mechanics are different from a casual three-way purchase. **Private timeshare or aprovechamiento por turno.** Different in nature: you don't own the property, you own a right of use for specific weeks per year. Regulated by Law 4/2012 in Spain after several rounds of European court rulings. We mention it for completeness, but it's not really "sharing a second home" in the property sense. The rest of this guide focuses on the two real ownership formats, because that's where families actually get stuck. #### The legal side: what the Civil Code actually says If you buy a property in Spain with other people and don't set up a separate legal entity, you default to *comunidad de bienes*. The Civil Code treats this as a temporary state, designed to give people a clean exit, not to lock them in forever. That single design choice changes everything. ##### Each owner has a quota, not a room [Article 392 of the Civil Code](https://www.boe.es/buscar/act.php?id=BOE-A-1889-4763) defines co-ownership: a property belongs *pro indiviso* to several people. None of them owns a specific bedroom or floor. Each one owns a percentage of every square meter. If you and two friends buy a house, each with a 33.3% stake, the kitchen is one third yours, one third theirs, one third the third owner's. The legal term is "quota," and it's abstract by design. This sounds like a technicality, but it has practical consequences. You can't sell your bedroom. You can't physically partition the home unless the building permits it (Article 401). And every decision about the property has to be made by the rules the Civil Code lays out, not by who happens to be there on a given Sunday. ##### Decisions are made by majority, not by unanimity [Article 398 of the Civil Code](https://www.boe.es/buscar/act.php?id=BOE-A-1889-4763) establishes that everyday administration decisions ("administración y mejor disfrute de la cosa común") are made by the majority of co-owners, weighted by quota — not by headcount. Two co-owners with 60% combined can outvote one co-owner with 40%, even on questions about how the home is used. This is the most common source of conflict in informal co-ownership. The Civil Code is explicit that majority rule applies to usage calendars, basic repairs, contracting a cleaner, and similar. Anything that goes beyond ordinary administration — making structural changes, taking out a mortgage on the share, or selling the whole property — requires unanimity. If the co-owners can't agree on majority decisions, Article 398 sends them to court. A judge can appoint an administrator. That's the formal route. In practice, families either talk it through or stop using the home. ##### Any co-owner can force a sale This is the rule that surprises people most. [Article 400 of the Civil Code](https://www.boe.es/buscar/act.php?id=BOE-A-1889-4763) says that no co-owner can be obliged to remain in the community indefinitely. Any one of you can request the division of the property at any time. If the property can't be physically divided (most flats and houses can't), the court will order a public auction and divide the proceeds proportionally. There's one exception: the co-owners can sign a pact to remain in indivision for up to 10 years, renewable by agreement. Without that pact, your sister can decide on a Tuesday morning that she wants out, and you'll be selling the family home whether you wanted to or not. This is the single most important legal fact about informal co-ownership in Spain, and almost nobody mentions it before signing. The legal escape valve is by design. It's why the Civil Code calls this a transitory state. ##### You can sell your share, but the others have first refusal [Article 1522 of the Civil Code](https://www.boe.es/buscar/act.php?id=BOE-A-1889-4763) gives the remaining co-owners a right of preemption (tanteo) and a right of buyback after the fact (retracto). If you decide to sell your 33% to an outsider, you have to offer it to the other co-owners first, at the same price and terms. If you go ahead and sell anyway without notifying them, they have nine days from when they find out to step in and buy the share from the new owner at the agreed price. In practice, this means a share in an informal co-ownership is hard to sell to anyone outside the original group. Buyers don't want a property where the other owners can yank it back. The market discount on a one-third share sold to a stranger is steep, often 20 to 30%, which is why most exits end with one co-owner buying the others out or the whole property going to a forced sale. #### The financial side: how costs and taxes actually split The financial picture in a shared second home looks different from owning the whole thing yourself. Some lines split cleanly. Others don't. ##### Imputed income is divided by quota, not by use Under [Article 85 of the IRPF Law](https://sede.agenciatributaria.gob.es/Sede/vivienda-otros-inmuebles/imputacion-rentas-inmobiliarias.html), the Spanish tax authority charges every owner of a non-rented second home an annual phantom rental income equal to 1.1% or 2% of the cadastral value. We covered that mechanic in detail in our piece on [whether you should buy a second home in Spain](https://www.vivla.com/blog/should-you-buy-second-home-spain). In a shared property, that imputation is prorated by ownership quota, not by who actually used the home. The Agencia Tributaria states this explicitly in its [official guidance on calculation of imputed income](https://sede.agenciatributaria.gob.es/Sede/vivienda-otros-inmuebles/imputacion-rentas-inmobiliarias/calculo-renta-imputada.html): "Cuando la titularidad de un bien inmueble corresponda a varias personas, la imputación de la renta que se derive del mismo se considerará obtenida por cada una de ellas en proporción a su participación en dicha titularidad." Worked example. Coastal house, cadastral value 180,000 €, cadastre revised in 2018. Two co-owners at 50% each. - Total imputation: 1.1% × 180,000 € = 1,980 € per year. - Each co-owner declares 990 € on their IRPF. - At a 37% marginal rate, each pays around 366 € of tax annually on income neither of them received. The quota split is fixed by the deed. If one co-owner uses the home for 10 weeks and the other for 2, the tax authority doesn't care. The 50/50 split on phantom income applies regardless. ##### Running costs split by quota — until they don't Article 393 of the Civil Code establishes the proportionality principle: benefits and burdens of co-ownership are split according to each owner's quota. In theory, IBI, community fees, insurance, basic utilities and structural maintenance all divide cleanly by the percentages on the deed. In practice, the costs that scale with use don't follow the same logic. If one co-owner spends 12 weeks a year at the property and another spends 2, the electricity, water, gas, deep cleaning and minor wear-and-tear are not really a 50/50 split. Most families end up using one of three workarounds: - **Single account, settled by deed quota.** Simplest, fairest to the heavy user, most likely to breed resentment over time. - **Single account, settled by usage weeks.** Owner-occupied weeks pay a flat fee per week to cover variable consumption. Requires someone to track the calendar. - **Split fixed costs by quota, variable costs by week of use.** The cleanest solution and the most common in formalized co-ownership structures. None of these is in the Civil Code. They're private arrangements between co-owners. Get them in writing before the first summer. ##### Selling triggers three tax events, paid proportionally When the property eventually sells, three tax events fire. Each one is split by quota. - **IRPF capital gain.** The difference between sale price and acquisition price is split by ownership percentage. Each co-owner reports their proportional gain on their own tax return at the savings tax rate (19% up to 6,000 €, scaling to 30% above 300,000 €). - **Plusvalía municipal.** The local tax on increase in land value is owed to the town hall. Each co-owner pays their proportional share. - **Non-resident retention.** If any co-owner is a non-resident, the buyer retains 3% of that co-owner's share of the sale price and pays it directly to Hacienda. Exiting a shared property is more administratively complex than exiting a sole-owned one, because each co-owner files separately and may sit in different tax brackets. A coordinated tax planner pays for themselves in this scenario. ##### Mortgages on shared property are harder, not easier Spanish banks finance the property, not the share. If three co-owners take out a mortgage together, they're all jointly and severally liable for the entire loan. If one stops paying, the others have to cover it or the bank forecloses on the whole property, not on the defaulting share. Some banks will finance individual quota purchases (one person buying their 33% with a personal loan secured against the share), but the rates are worse and the loan-to-value is lower, typically 50% versus 70 to 80% on a standard mortgage. Most informal co-ownership purchases end up financed with either cash, personal funds split equally, or one shared mortgage with all owners on the hook. #### The lifestyle side: where most shared homes actually fail The legal and financial questions have answers. The lifestyle question — can you share a home with these specific people without breaking the relationship — is where most informal co-ownership goes wrong. ##### The usage calendar is the make-or-break document The first thing every shared home needs is a usage calendar. Not a verbal agreement, not "we'll work it out". A written schedule for at least the next two years that allocates weeks to each owner. The patterns that work in practice: - **Fixed allocation by quota.** Each co-owner gets a number of weeks per year proportional to their share, picked in advance. - **Rotating priority.** Each year, one owner gets first pick of dates, then the next, and so on. The order rotates annually. - **High-season versus low-season buckets.** Each owner gets a quota of high-season weeks (summer, Christmas, Easter) and a quota of low-season weeks, picked separately. The pattern that always fails is "we'll just text each other and figure it out". By year two, you've had three conflicts over the same August week, and somebody has stopped speaking to somebody else. ##### Maintenance is a relationship problem disguised as a financial one Every shared home accumulates a list of small problems: the dishwasher needs replacing, the pool pump is making a noise, the curtain rod fell down. None of these problems are big on their own. The conflict comes from who notices, who pays, who decides on the supplier, and who waits at home for the repairman. The co-owner who uses the home most ends up doing most of the work. They also end up paying disproportionately for "small things" that don't trigger a group decision. Within two years, they're frustrated. Within four years, they want out. The fix is to professionalize maintenance from day one. Pay a property manager or local concierge a flat monthly fee to handle everything between visits. The cost is real (typically 80 to 200 € per month for a coastal property), but it's the cheapest insurance against the most common failure mode of shared homes. ##### Bringing other people changes the deal What happens when your co-owner sister wants to bring eight of her friends for a week? What happens when your co-owner cousin wants to rent his weeks on Airbnb? What happens if one owner's new partner ends up using the home more than the original co-owner? None of these have default answers in the Civil Code, and all of them break shared homes. Write them down before the first visit. The standard provisions that work: - Maximum number of guests per stay. - Permission required for non-family guests beyond a certain threshold. - No commercial rental (or, conversely, rental allowed with revenue split by quota). - Pet policy, smoking policy, party policy. These look excessive on paper. They're not. The two-page co-ownership agreement that covers them is the single most valuable document in informal sharing. #### When formal fractional co-ownership solves these problems Most of the problems above come from the gap between what the Civil Code provides as default and what families actually need. The Civil Code gives you majority rule, proportionality, and an exit valve. It doesn't give you a calendar system, a maintenance protocol, a guest policy, or a structured way to sell your share without a 30% discount. This is the gap that formal [fractional co-ownership](https://www.vivla.com/blog/what-is-home-co-ownership) fills. Vivla and similar operators handle each of those problems by design: - Each owner has a guaranteed allocation of weeks, picked through a rotating priority system, locked into a calendar app. - Maintenance is handled by a professional management company, paid for through monthly fees split among the eight owners. Nobody is the "responsible" one. - Guest policies, rental rules and behavioral standards are written into the operating agreement of the underlying SL. - Exit happens through a managed resale process, not through forced auction. The operator typically guarantees a buyer pool for the share. The trade-off is the obvious one: you don't own the whole home, and you don't pick your co-owners. You buy a share in a vehicle that owns the property, and the operator vets the other shareholders. For families who don't have a pre-existing group of three or four to buy with, or who don't want to manage the relationship work themselves, formal fractional ownership is structurally easier than informal. For families who do have the group, the legal side of the Civil Code still applies — but a private agreement that adds the missing pieces (calendar, maintenance, guests, exit) on top of the Civil Code default can get you most of the way there. #### The decision framework Three honest questions before you sign anything. First, do you have a pre-existing group of two to four people who can agree on a written co-ownership agreement before the purchase? If yes, informal co-ownership with a strong private contract works. If no, formal fractional is structurally safer. Second, are you ready for the possibility that any co-owner can force a sale under Article 400? If yes, proceed. If that thought terrifies you, you need a 10-year indivision pact in writing, and even then, plan for the eventual exit. Third, is the home in a destination you want to return to year after year for at least a decade? Sharing a second home only pays off if the asset gets used. Drift in usage hurts shared ownership even faster than sole ownership, because the heaviest user resents subsidizing the rest. If you answered yes to all three, sharing a second home in Spain works. Pick the right format for your group, get the agreement in writing before the notary, and treat the calendar like a contract from day one. ### Should You Buy a Second Home in Spain? The Honest Math Behind the Decision - URL: https://www.vivla.com/blog/should-you-buy-second-home-spain - Markdown: https://www.vivla.com/blog/should-you-buy-second-home-spain.md - Published: 19 de mayo de 2026 - Categories: real estate > Buying a second home in Spain still makes sense in three specific situations. Outside those, the math gets uncomfortable once you account for Article 85 IRPF imputed income, annual running costs of 1 to 2% of property value, and gross rental yields that fell to 6.7% in Q1 2026 according to idealista. This article walks through both sides with current Agencia Tributaria rules and 2026 market data, so you know which side you're on before you sign anything. #### Why this question is harder than it looks Most articles on buying a second home in Spain sell you the dream: capital appreciation, weekends by the sea, a legacy for the kids. Few of them show you the actual annual cost, the real net rental yield, or the gap between how many weeks you think you'll use the home and how many you actually will. We've spent the last four years helping Spanish and international families work through this decision. The pattern is consistent. Families who are happy with full ownership had three things in common before they bought. Families who regret it underestimated the same three numbers every time. This article lays both sides on the table. Current Spanish tax law, Q1 2026 market data, and the framework we use to help people decide. By the end you should know whether full ownership, seasonal rental or fractional co-ownership fits your situation best. #### When buying a second home in Spain actually pays off Three scenarios pass the math cleanly. If your situation matches one of them, full ownership is the right tool. **Scenario A. You will genuinely use the home 12+ weeks a year.** Not aspirationally, actually. The home becomes your second base, you have stable work and family logistics, and you can commit to the location for a decade or longer. At that usage level, the cost per week of enjoyment drops into territory competitive with renting an equivalent villa, and the emotional value of having a familiar place starts to compound. **Scenario B. You treat it as a rental business.** Your target location has strong year-round demand (Málaga capital, central Mallorca, Alicante city, Barcelona for medium-term rentals). You are prepared to operate the property like a small business: tourist license, professional management, occupancy optimization, mid-stay cleanings. With a competent operator you can realistically clear a net 4 to 5% yield, which beats most income-generating alternatives at similar risk. The catch is that it stops being a vacation home and becomes an SME. **Scenario C. You pay cash and the property is part of a generational plan.** Running costs and tax inefficiencies are immaterial to your household finances. The asset stays in the family for two or three generations and serves as an anchor location. In this scenario the tax treatment is the price of optionality, not a problem. If you can put a clean checkmark next to one of those three, the rest of this article is a useful sanity check. If you can't, the next sections matter more. #### The upfront cost: purchase taxes, closing costs and financing Before the annual math, there's the entry math, and it runs well above the sticker price. Buying a second home in Spain carries one-off acquisition costs that typically add **10% to 13%** on top of the purchase price. - **Transfer tax or VAT.** On a resale property you pay *ITP* (Impuesto de Transmisiones Patrimoniales), between 6% and 10% depending on the autonomous region. On a new-build you pay 10% VAT plus *AJD* (stamp duty, 0.5% to 1.5%). - **Notary, land registry and legal fees.** Notary plus inscription at the Registro de la Propiedad, plus a lawyer if you use one, add roughly 2 to 3% combined. - **Appraisal and arrangement fees** if you finance the purchase. Financing is tighter than for a primary home. Spanish banks that lend up to 80% of value on a first residence usually cap second-home mortgages at around **70% LTV**, often at a slightly higher rate, because a discretionary second property is treated as higher risk. That means a larger deposit up front, on top of the 10 to 13% in taxes and fees. Rates and regional ITP brackets change, so confirm exact figures with a tax advisor who handles resident or non-resident second-home cases before you sign. #### What most buyers underestimate Five numbers tend to surprise people in year two, when the honeymoon ends and the spreadsheet shows up. ##### 1. The Spanish tax authority charges you rent on a home you're not renting out If your second home is not your primary residence and is not being rented, Spanish tax law treats it as if it generated phantom rental income. This is called *imputación de rentas inmobiliarias* and is regulated by [Article 85 of the IRPF Law](https://sede.agenciatributaria.gob.es/Sede/vivienda-otros-inmuebles/imputacion-rentas-inmobiliarias/que-inmuebles-se-imputan-rentas-inmobiliarias.html). The Agencia Tributaria applies a percentage to the property's cadastral value: - **1.1%** if the cadastre was revised in the last ten tax years. - **2%** for everything else. That figure is added to your general taxable base and taxed at your marginal rate. Worked example: coastal apartment in Andalucía, cadastral value 95,000 €, revised in 2014. Imputation: 1,045 € per year. At a 37% marginal rate, 386 € of annual tax on income you never actually received. Over 20 years of ownership, around 7,720 €, and that's a conservative figure that ignores any future cadastral revision. The imputation is based on availability, not actual use. Keeping the keys in your pocket twelve months of the year is enough. The Agencia Tributaria publishes [an official worked example](https://sede.agenciatributaria.gob.es/Sede/ayuda/manuales-videos-folletos/manuales-practicos/irpf-2025/c10-regimenes-especiales-imputacion-atribucion-rentas/regimen-imputacion-rentas-inmobiliarias/ejemplo-imputacion-rentas-inmobiliarias.html) using a beach apartment occupied for one month a year. Verified at [sede.agenciatributaria.gob.es](https://sede.agenciatributaria.gob.es/Sede/vivienda-otros-inmuebles/imputacion-rentas-inmobiliarias/calculo-renta-imputada.html) on 19 May 2026. ##### 2. Annual running costs land between 1% and 2% of property value Most owners we've worked with had only budgeted the mortgage and the IBI. Here's the full year for a typical 450,000 € coastal property: - **IBI (municipal property tax)**: 600 to 1,400 € depending on municipality and cadastral value. - **Community fees**: 1,200 to 4,800 € a year in a development with pool, garden and concierge. - **Home insurance**: 350 to 700 €. - **Utilities while vacant**: 600 to 1,200 € for standing charges, basic electricity and water. - **Maintenance and cleaning**: 1,500 to 4,000 €, covering one cleaner before each visit, pool service, garden and small repairs. - **Imputed income tax**: typically 300 to 1,000 €, depending on cadastral value and marginal rate. Total floor: roughly 4,550 € a year. Total ceiling: roughly 13,100 €. For a property used six or seven weeks a year, that works out to between 650 € and 1,870 € per week of actual enjoyment, before mortgage interest, before any furniture replacement, before the special assessment when the building decides to redo the roof. Two variables drive most of the range. Community fees vary enormously depending on the development. Maintenance scales with absence: a house unused eight months of the year demands more upkeep than a primary residence, not less, because nobody catches the leak before it becomes a problem. ##### 3. Net rental yield is far below the headline number Is it profitable to buy a second home in Spain to rent it out? Less than the headline yield suggests, and it depends entirely on location and operation. According to [idealista's Q1 2026 study](https://www.idealista.com/news/inmobiliario/vivienda/2026/04/07/891696-la-rentabilidad-de-la-vivienda-cae-hasta-el-6-7-en-el-arranque-de-2026), the gross rental yield on residential property in Spain has fallen to **6.7%**, down from 7.3% a year earlier. Madrid sits at 4.7%, Barcelona at 5.2%. The high-yield capitals (Murcia 7.5%, Segovia 7.3%, Lleida 7.3%) are not where most second-home buyers actually want to be. That 6.7% assumes 100% occupancy and ignores every operating cost. Subtract community fees, IBI, insurance, maintenance, management commission (15 to 25% for managed rentals in coastal Spain), occasional vacancies and tax on rental income, and net yields typically settle between 3.5% and 4.5% in residential rental. Lower in seasonal vacation rental once you factor cleaning between stays. Three structural headwinds got heavier in 2026: - Spain's **Ley de Vivienda** introduced rent caps for landlords with more than five properties in declared stressed areas, and a 2% cap on annual rent increases under Royal Decree-Law 8/2026, covering contracts expiring before January 2027. - The **mandatory rental registry** for vacation and seasonal rentals, operational since 2026, adds a compliance layer. - Local authorities in Málaga, Sevilla, Palma and Barcelona have either frozen or restricted new vacation rental licenses. The asset class is harder to operate than it was three years ago, and the soft 6.7% headline understates the gap with what owners actually take home. ##### 4. Property is the least liquid asset most families own Spanish residential property in coastal markets takes a median of 4 to 7 months to sell when priced at market, longer when overpriced, which most second homes are because owners anchor to what they paid plus capex. Selling triggers three tax events. Capital gains in IRPF start at 19% and scale to 30%+ on larger gains. Plusvalía municipal, the local tax on the increase in land value, is owed to the town hall. If the buyer is a non-resident, there's a 3% retention on the sale price kept by the buyer and remitted to Hacienda as a payment on account. A second home that doesn't get used much will sit on the market for half a year while still costing community fees, IBI and imputed income tax. Owners often discount 8 to 12% from initial asking price by month four. Net of selling costs (5 to 7% in agent fees, notary, registration and taxes), an exit at year five with no real appreciation can produce a meaningful loss. ##### 5. Actual usage drifts down to half of what you planned The most common pattern, and the one that catches almost everyone off guard. Year one: 14 weeks of use, often the entire summer. Year two: 9 weeks. Year three: 6 weeks. By year four most owners are at 4 or 5 weeks plus occasional weekends. Not because they love the home less, but because work schedules shift, school calendars change, kids want to travel elsewhere, and the novelty of a fixed destination fades. At 5 weeks of actual use, a 450,000 € property carrying 10,000 € of annual running cost plus opportunity cost on the capital (15,000 € against a conservative 3.5% return on the same capital invested elsewhere) costs around 5,000 € per week of enjoyment. Renting an equivalent villa for those same five weeks would cost between 8,000 € and 18,000 €. Buying breaks even versus renting only if you genuinely use the home 8 to 10 weeks a year, every year, for at least a decade. #### How to figure out which side you're on Pull last year's calendar and count three things. First, how many full weeks did your family actually spend on holiday last year? Not "could have", not "wanted to". Actually did. Second, how many of those weeks were in a single location you would return to year after year? Be honest with yourself, if your family rotates between three destinations, that's a different decision than if you keep going to the same village in Mallorca every summer. Third, how many of those weeks would you have wanted to spend in your own home if you'd had a key? This is the test of real demand, separated from logistics. If the answer is 10 or more concentrated in one place, buy. Run the numbers with an accountant who has handled non-resident or resident second-home tax cases, and read our checklist on [what to keep in mind when buying a second home](https://www.vivla.com/blog/9-things-to-keep-in-mind-when-buying-a-second-home). If the answer is 4 to 8 weeks split between two or three places, full ownership is the wrong tool. The math gets uncomfortable and the home turns into a thing you manage instead of a thing you enjoy. There's a better way. #### The middle path most buyers don't know exists The hidden alternative to full ownership for the 4-to-8-weeks crowd is [fractional co-ownership](https://www.vivla.com/blog/what-is-home-co-ownership). The model works like this: you buy a one-eighth share of a fully renovated home in one of the best locations, get six to seven weeks of guaranteed use per year, and split every cost line above with seven other families. The numbers shift meaningfully. Acquisition cost drops to roughly an eighth of full ownership. Annual running costs drop by the same factor. The home stays beautifully maintained because professional management handles everything between stays. Imputed income tax still applies proportionally, but on a much smaller asset base. And when you don't use the home, you're not paying to keep an empty house standing. The trade-off is real: you get six to seven weeks instead of unlimited access, and the home is yours by share rather than fully. For families whose actual use sits in the 4-to-8-week range, the trade-off is typically the right one, same destination, same caliber of home, fraction of the cost and zero operational burden. ##### How fractional co-ownership actually works (and why it isn't a timeshare) The model is more concrete than most people assume. A home is divided into eight shares held through a Spanish *SL* company registered in the mercantile registry. You buy one or more shares: a single share is a deeded, inheritable, resellable stake in the real estate, not a usage right. Each share carries roughly six weeks of use per year, allocated through a rotating-priority system so every owner cycles through high season over multi-year periods instead of being locked to the same week forever. Three features separate it cleanly from a timeshare. You own a registered share of the property: the SL holds the home, you own the shares, and the ownership is recorded at the Registro de la Propiedad. You can resell through the secondary market like any real estate asset. And you get six weeks per share, not a single fixed week. ##### Why this fits the 2026 market Spain remains one of Europe's largest second-home markets. The [INE 2021 Census](https://www.ine.es/prensa/censo_2021_jun.pdf) counts 26.6 million dwellings, of which 18.5 million are primary residences, leaving roughly 8 million classed as second or vacant homes. Second-home ownership is firmly an upper-income category: 15.5% of households own one nationally, rising to 31.2% in households earning above 5,000 € net a month, per the [INE ECEPOV 2021 release](https://www.ine.es/prensa/ecepov_2021_feb.pdf). In the premium destinations where buyers actually want to be (Ibiza, Formentera, Menorca, Sotogrande, Baqueira), tight inventory and planning limits keep full-ownership prices high. That is exactly where owning a fraction of an excellent home beats owning all of an average one. ##### How the buying process runs The process compresses what is normally a year of solo negotiation into roughly four to eight weeks. It starts with a discovery call to clarify how many weeks a year you realistically expect to use a home, which destinations fit your life, and your budget. From there you receive a curated shortlist, every home in it having passed Lucas Araoz's 150-point quality inspection across location, architecture, structural condition, light and long-term value. Most buyers visit two or three homes before placing a refundable reservation, which opens a window for legal review of the SL structure and the operating agreement (independent legal review encouraged). Closing happens before a Spanish notary with full registry inscription, the same legal act as any property purchase in the country. #### The decision in one paragraph Three scenarios make full ownership of a Spanish second home a clean decision: high actual usage (12+ weeks per year for a decade), professional rental operation in a year-round market, or cash-rich legacy holding. For everything else, the gap between gross and net yield, the 10-to-13% entry costs, the annual running costs, the imputed income tax and the drift in actual usage tend to make full ownership a worse deal than it looks on paper. Run your honest week count first. If it falls in the 4-to-8-week zone, fractional co-ownership delivers more enjoyment per euro spent, with none of the operating burden. ### What Is a Co-Owner: Rights, Duties & How It Works in 2026 - URL: https://www.vivla.com/blog/co-ownership-rights-and-duties-spain - Markdown: https://www.vivla.com/blog/co-ownership-rights-and-duties-spain.md - Published: 13 de mayo de 2026 - Categories: copropiedad - Reading time: 6 min > Being a co-owner of a home is not the same as living in it, renting it or managing it. It is a specific legal category, with real rights and real obligations, regulated by the Spanish Civil Code. If you hold a share of an asset — through a joint purchase, an inheritance, a gift, or through a managed model like Vivla — you are a co-owner. This is what that actually means in practice. #### Legal definition of a co-owner A co-owner is any individual or legal entity that holds a fraction of the title over a real estate asset together with other people, as regulated by articles 392 to 406 of the Spanish Civil Code. Article 392 of the Civil Code puts it this way: «Community exists when ownership of a thing or a right belongs pro indiviso to several persons.» *Pro indiviso* does not mean you own «your physical part» of the property. It means you hold rights over 100% of the asset, in proportion to your share. If you hold 1/8, you hold rights over 12.5% of every euro, every week and every relevant decision affecting that property. There are three common situations in which you become a co-owner: - You bought the property jointly with other people. - You inherited it together with other heirs — what is known as proindiviso hereditario in Spanish law. - You acquired a stake in a managed co-ownership such as Vivla’s. #### Co-owner vs. timeshare holder — the difference that changes everything The two terms sound alike. The legal and financial gap between them is enormous. A **co-owner** is a real owner. Public deed. Land Registry. An asset with market value. They can sell it, bequeath it, pledge it as collateral. What they hold is real estate. A **timeshare holder** has a temporary use contract over an asset that belongs to someone else. No deed of ownership. No Land Registry entry. When they try to resell, the market offers somewhere between 0% and 15% of what they paid. And the maintenance fees keep arriving year after year, whatever they rise to. The comparison on what actually matters: - **Ownership:** co-owner = real owner. Timeshare holder = right of use only. - **Land Registry:** co-owner = registered as titleholder. Timeshare holder = not registered. - **Resale:** co-owner = at market price. Timeshare holder = secondary market is virtually non-existent. - **Inheritance:** co-owner = passes freely to heirs. Timeshare holder = contractual restrictions. - **Appreciation:** co-owner = yes, like any real-estate asset. Timeshare holder = no. The confusion is historical: timeshares were marketed for decades using the word «ownership» in an intentionally ambiguous way. They were not the same thing then and they are not the same thing now. #### Rights of a co-owner The Spanish Civil Code recognises four fundamental rights that no one can strip away from you: - **Use of the entire asset (art. 394).** You are not restricted to «your physical percentage» — you can use the whole property, always respecting the use of the other co-owners and the agreed purpose of the asset. - **Share in the fruits (art. 393).** If the property generates income — rentals, yields — you receive your proportional share. Automatically. - **Right of division (art. 400-404).** At any time, unless expressly agreed otherwise, you can demand the liquidation of the co-ownership. If the asset is divisible, it is divided. If it is not, it is sold and the proceeds are split. - **Right of first refusal and withdrawal (art. 1522).** If a co-owner sells their share to a third party, you have priority to acquire it at the same price. The deadline to exercise it: 9 days from the notification of the sale. In managed co-ownership models — such as Vivla — these four rights remain fully intact. What is added is a use-regulation framework that organises the calendar of weeks, the maintenance protocols and the exit process. With no friction. #### Duties of a co-owner Rights have a mirror image. As a co-owner, you also have duties: - **Contribute to conservation and maintenance costs (art. 395).** Property tax (IBI), insurance, repairs, management. In proportion to your share. No exceptions. - **Do not alter the common asset without agreement (art. 397).** No co-owner can carry out significant renovations on their own. Decisions that affect the whole require consensus — or at least a majority, depending on the type of action. - **Respect the others’ right of use.** You cannot monopolise the property or prevent access for the rest. - **Be liable for damage caused.** If you misuse the property and cause harm, you are responsible. #### The 3 paths to becoming a co-owner - **Joint purchase.** You acquire a share directly through a public deed before a notary. It is registered in the Land Registry in your name. It is the most direct route and the most common one. - **Inheritance.** You receive a fraction of a property together with other heirs. The proportional share is registered in the Land Registry. It is also the most frequent source of conflict between co-owners — especially when there is no clear management protocol. - **Managed co-ownership (Vivla model).** You acquire shares in a limited company (Sociedad Limitada) that holds registered title over the property. Same legal rights as a direct Civil Code co-ownership, with the advantage that everything operational — maintenance, calendar, exit — is already solved from day one. #### Being a co-owner with Vivla — what changes in practice Legally, nothing changes compared with any co-ownership under the Civil Code. Your four fundamental rights remain fully intact. What the managed model solves is what tends to be most frustrating in ordinary co-ownerships: coordination. - **Maintenance, cleaning and check-in:** handled. You do not have to coordinate it. - **Weeks calendar:** a fair, pre-defined and transparent allocation system. No yearly negotiations. - **Costs:** a clear annual proportional fee, with no surprises. - **Exit:** a defined protocol for when you want to sell your stake. Right of first refusal between co-owners first, then external market. It is not timeshare. It is not multipropiedad. It is real ownership with the entire operation already solved. For someone who values their time as much as their capital, the difference matters. #### Frequently asked questions ##### Can a co-owner sell their share without asking permission? Yes. They can sell their share freely. The rest have a right of first refusal — they can acquire it at the same price within 9 days. If they do not exercise it, the seller can sell to anyone on the market. ##### What happens if a co-owner dies? Their share passes to their heirs, who automatically become co-owners. The asset is not dissolved. The heirs can continue in the co-ownership or exercise the right of division to liquidate it. ##### How many co-owners can there be? The Spanish Civil Code sets no limit. Managed models work with a maximum of 8 owners per property — which translates into about 6-7 weeks of effective use per holder per year, plus the rental potential of the rest. ##### Can a co-owner rent out on their own? They can rent out their use time. Renting out the whole property without the others’ agreement requires consensus. In managed models, the use regulation governs this with precision. ##### How are expenses split? Always in proportion to the share. If you hold 1/8 of the property, you pay 1/8 of property tax (IBI), maintenance, insurance and management. No ambiguity. ##### What happens if a co-owner does not pay? The others can claim the debt. With repeated non-payment, they can even request the dissolution of the co-ownership. In managed models there is usually a reserve fund covering operations while the situation is resolved. ### Vivla Protection Autopilot Guarantees - URL: https://www.vivla.com/blog/vivla-protection-autopilot-guarantees - Markdown: https://www.vivla.com/blog/vivla-protection-autopilot-guarantees.md - Published: 25 de abril de 2026 - Categories: copropiedad - Reading time: 8 min > Vivla Protection shields your investment; Vivla Autopilot manages your home without lifting a finger. The **two guarantees** that differentiate managed co-ownership from DIY co-ownership. When someone considers buying a co-ownership share for the first time, the doubts aren't about the model in the abstract: they're very specific questions. What if another co-owner doesn't pay their maintenance share? Who looks after the home between visits? How does the calendar work if someone always wants the same week? And if I want to sell and the others won't let me? These are legitimate objections, and Vivla has turned them into the centre of its value proposition. Instead of ignoring or minimising them, it has solved them with two specific products: **Vivla Protection** and **Vivla Autopilot**. Understanding how they work is understanding why managed co-ownership is a different model from DIY co-ownership. One data point that speaks for itself: **more than 20% of Vivla co-owners** invested in the company itself in the €1.4M 2025 funding round (source: OkDiario press release, February 2026). There's no better trust signal than your own clients becoming shareholders. #### Vivla Protection: full shield for your investment Vivla Protection is Vivla's guarantee system that protects each co-owner from the risks associated with sharing an asset with other people. ##### **Coverage of other co-owners' non-payments** If one of the 7 other co-owners can't or won't pay their share of common expenses —IBI, maintenance, insurance, management fee— Vivla Protection guarantees that **this doesn't affect your use experience** or property maintenance. Vivla acts as guarantor and manages debt collection with the defaulting co-owner, without others needing to worry or coordinate anything. ##### **Maintenance guarantee** The property's condition is guaranteed regardless of co-owners' financial circumstances. If the property needs repair or preventive maintenance, it's done within Vivla's operational framework, without needing co-owner agreements for one-off authorisations. ##### **Insurance coverage** The property's home insurance includes civil liability coverage, building and contents damage. Co-owners are covered for damages that may occur during use of the home within the limits of the active policy. Vivla Protection's existence transforms co-ownership from a model with inter-partner dependence risk to one where each co-owner has **independent guarantees**. It's the fundamental difference between managed and DIY co-ownership. #### Vivla Autopilot: fully delegated management Vivla Autopilot is the integrated management system that makes being a co-owner literally a non-job. ##### **Booking and calendar app** Access and week booking is managed through the Vivla app. The system ensures equitable use time distribution among the 8 co-owners, with full transparency over each week's availability. Booking is as simple as choosing dates in a travel app. ##### **Proactive maintenance** Vivla doesn't wait for something to break to act. The model is **preventive maintenance**: regular inspections, equipment updates per lifecycle, and rapid response to any incident. The co-owner doesn't need to call anyone or look for providers; Vivla manages the entire operational chain. ##### **Concierge service** The concierge service includes home preparation before arrival —professional cleaning, temperature adjustment, preference configuration— and assistance during the stay for any operational need. ##### **Automated tax management** The SL that owns the property has its own tax obligations. Vivla manages all SL tax obligations and provides each co-owner with the information they need for their personal declaration: annual certificates, income imputation, IRPF or IRNR documentation (for non-residents). ##### **Co-owner reporting** Co-owners receive regular reports on the state of their investment: maintenance done, incidents resolved and account status of expenses. #### What the co-owner data says Trust in an investment model doesn't come only from documents; it comes from the experiences of those who have already gone through it. These are the data points that best reflect it: - More than **20% of Vivla co-owners** have invested in the company as shareholders (source: OkDiario, February 2026). When your clients trust you to the point of investing in your company, it's the strongest possible validation. - The **average resale time** of a share is under 4 weeks (Vivla data, validated on idealista). This indicates the market considers shares valuable assets. - Average **resale appreciation** in Vivla's portfolio has been +11%, demonstrating the model generates real value for owners. Want to see how Vivla works in detail? Visit [vivla.com](https://www.vivla.com) or request a service demo with an advisor. #### Co-ownership with Vivla vs DIY co-ownership Comparative summary: co-ownership with Vivla vs DIY co-ownership. - **Non-payment management:** With Vivla, Vivla Protection covers and manages. In DIY, requires partner coordination and potential conflict. - **Maintenance:** With Vivla, proactive and managed by Vivla. In DIY, partner coordination and provider search. - **Use calendar:** With Vivla, automatic equitable app. In DIY, manual coordination with potential conflicts. - **Resale:** With Vivla, active platform with <4 weeks average. In DIY, no platform, manual process. - **Tax management:** With Vivla, automated. In DIY, requires own advisory. - **Inter-partner conflicts:** With Vivla, mediated and resolved. In DIY, no professional mediator. #### Frequently asked questions about Vivla Protection and Autopilot **Q: What exactly happens if another co-owner doesn't pay?** A: Vivla Protection activates the coverage and debt recovery process internally. Other co-owners don't have to do anything: their access to the home and property maintenance remain guaranteed. Vivla manages the default situation directly with the co-owner in question. **Q: How exactly does the use calendar work?** A: Vivla's app manages the calendar with a system ensuring equitable time distribution. Each co-owner can see availability in real time and book their weeks in advance. The system is designed to prevent calendar conflicts proactively. **Q: Can I rent out my weeks if I can't use them?** A: Conditions on subletting or renting your own weeks are regulated in each SL's shareholders' agreement. Consult the specific conditions of the property you're interested in at [vivla.com](https://www.vivla.com). **Q: What exactly does the Vivla management fee include?** A: Generally, the fee covers operational property management (maintenance, cleaning, insurance), SL tax management, calendar and app service, and concierge service. Specific details and the fee amount are available on each property sheet or by consulting an advisor. ### Second home without mortgage alternatives - URL: https://www.vivla.com/blog/second-home-without-mortgage-alternatives - Markdown: https://www.vivla.com/blog/second-home-without-mortgage-alternatives.md - Published: 22 de abril de 2026 - Categories: copropiedad - Reading time: 10 min > Want a vacation home but don't want decades of debt? These are the **5 real alternatives** to the classic mortgage in 2026, analysed with pros and cons. Owning a vacation home remains one of the most widespread dreams of Spanish families. And yet, in 2026 the financial barrier to achieve it is higher than ever. The data is striking: average price per square metre in prime destinations has hit historic highs. In the Balearics, between €4,000 and €8,000/m². On the Costa del Sol, between €3,000 and €5,000/m². For a €500,000 villa in a top-tier destination, you need between **€140,000 and €160,000 just as down payment** (28–32% required by the bank for a second home). And that's without counting purchase taxes —another 8–10%— or the €340,000–360,000 mortgage with monthly payments of €1,500–2,000 over decades. The result: many families wanting a second home cannot afford full purchase. But that doesn't mean a second home is out of reach. In 2026 there are **five real alternatives** to the classic mortgage, with different levels of investment, risk and enjoyment. Here we analyse them all honestly. #### Option 1: Managed co-ownership Managed co-ownership is the most balanced alternative between **real ownership, accessible cost and hassle-free experience**. ##### **How does it work?** You buy 1/8 of a premium property through an SL. You're a real owner: notarial deed, Property Registry. The management company (Vivla) handles all operations. You use the property 6–8 weeks a year. And when you want to exit, you sell your share in the active market. ##### **The barrier reduction** A €1,200,000 villa in Mallorca is accessible at **€150,000 instead of €360,000 down payment**. That isn't a cost; it's real ownership. And annual holding costs —between €1,000 and €1,750 per co-owner— are a fraction of those of a whole home. ##### **Pros** - Real ownership with all its benefits: appreciation, inheritance, resale. - Fully delegated management: no work for the owner. - Real liquidity: average resale time <4 weeks (Vivla data). - Costs split between 8: IBI, maintenance, insurance. - Access to premium properties otherwise inaccessible. ##### **Cons** - Limited use: maximum 6–8 weeks per year. - Dependence on the management company. - Initial investment required: from ~€90,000. - You can't freely customise the property. Discover available properties with Vivla at [vivla.com/listings](https://www.vivla.com/listings) — no commitment. #### Option 2: Long-stay vacation rental Long-stay vacation rental is the option with lowest financial commitment. Instead of buying, you rent a vacation home for 1–2 months a year, whenever you want. No capital investment, no mortgage, no management. ##### **The numbers** Two months in a quality villa in Mallorca in mid-high season: between **€8,000 and €15,000**. In Baqueira a high-season week: €2,000–4,000. The price rises every year and in peak season can be prohibitive. ##### **Pros** - Zero long-term financial commitment. - Maximum flexibility: different destination each year if you want. - No management or maintenance work. - You can change destination or property style freely. ##### **Cons** - You don't build wealth. Rental money is gone for good. - Prices rise yearly and you have no control over them. - You don't always find availability on your preferred dates. - It's not 'your' home: you can't customise, leave belongings, feel at home. - Long term, accumulated cost can exceed purchase cost. #### Option 3: Group purchase among friends or family Buying a vacation home in a group with friends or family is a real option, but **more complex than it looks at first sight**. ##### **How to structure it** The most common is purchase in proindiviso (all as direct co-owners on deed) or via an ad hoc SL. Without proper formalisation from the start, conflicts are almost inevitable. The minimum essential is a written agreement covering: use calendar, who can bring whom, what happens if someone wants to sell, how spending decisions are made, and what occurs if a partner has financial problems. ##### **The real risks** - **Calendar conflicts:** vacation weeks are the most disputed of the year. Without clear rules, conflicts are guaranteed. - **Non-payments:** if a partner can't pay their share, the rest must cover or the home deteriorates. - **Life changes:** divorces, job changes, moves abroad. Any partner's life change can affect the group. - **Exit:** selling part of the proindiviso can be complicated without a clear mechanism. - **Maintenance decisions:** who calls the plumber? Who pays if the sofa needs replacing? Group purchase can work well between people with high mutual trust, good economic level and good communication. But without professional management and solid agreements, it's the option with the highest probability of conflict. #### Option 4: House swapping / home exchange House swapping is a model that has existed for decades but platforms like HomeExchange or Love Home Swap have modernised and scaled it. ##### **How it works** You offer your usual home (or a second one if you have one) in exchange for accessing another person's home in a different destination. The exchange can be simultaneous (same period) or non-simultaneous (you accumulate credits and use them when you want). ##### **Pros** - Very low cost: mainly platform fees (€50–200/year) plus flights. - Access to authentic non-hotel properties in destinations worldwide. - The experience of living like a local instead of as a tourist. ##### **Cons** - You need an attractive home to offer. Not everyone has an interesting home to swap. - It's not ownership: you don't build an asset. - Quality variability: the home you receive may not be what you expected. - Requires advance planning and your own home's availability. - Limited to destinations where there's demand for your home. #### Option 5: Fractional investment with returns Fractional real estate investment is a different model from co-ownership: instead of buying for personal use, you buy property shares as pure investment, seeking rental yield and appreciation. ##### **Platforms in Spain** Several fractional real estate investment platforms operate in Spain (like Urbanitae, Housers) where you can invest from €500 in real estate projects and earn returns of **5–8% gross annually**. ##### **The key difference vs co-ownership** In fractional investment you do NOT use the home personally. It's a financial investment on a real estate asset. The return is monetary but there's no vacation use. For someone wanting a second home *to enjoy* —not just to invest— this model doesn't solve the problem. ##### **Pros** - Very low minimum investment (from €500 on some platforms). - Potential 5–8% gross return. - Real estate diversification without high capital. ##### **Cons** - No personal vacation use. - Limited liquidity (depends on platform and project). - Risk of non-payment or project delays. - It's not the same as having 'your' vacation home. #### Comparative table: which suits you? Comparative table: which suits you? - **Managed co-ownership:** €90–485K (share). Real ownership YES. Personal use 6–8 weeks/year. Appreciation YES (+11% average). Delegated management. Low complexity. - **Long-term rental:** €0. Real ownership NO. Personal use flexible. No appreciation. No management. Very low complexity. - **Group purchase:** variable (fraction). Real ownership YES. Personal use proportional. Appreciation YES. Management among partners. High complexity. - **House swapping:** €0 (+ platform fee). Real ownership NO. Variable use. No appreciation. Self-management. Medium complexity. - **Fractional investment:** from €500. Real ownership partial. No personal use. Appreciation YES (5–8% gross). Platform management. Low complexity. #### Frequently asked questions **Q: Can I finance a co-ownership with a personal loan?** A: Co-ownership investment doesn't require a mortgage by structure (you don't buy the property directly but shares in an SL). However, you could use a personal loan or a mortgage-backed loan on another property to finance the purchase. The convenience of financing depends on your personal financial situation and the loan rate vs expected return. **Q: What's the minimum investment for a co-ownership?** A: Shares in Vivla's portfolio start from approximately €90,000 for properties in more competitive destinations. For premium properties in Ibiza or Mallorca, shares can be between €300,000 and €485,000. **Q: Does seasonal rental (LAU) need a tourist licence?** A: No. Seasonal rental under LAU article 3.2 is not tourist rental and doesn't need a VUT licence. Nor is it affected by Organic Law 1/2025. It's a legal alternative to consider for those wanting to monetise their second home without the requirements of tourist rental. **Q: Is group purchase of a vacation home legal?** A: Yes, completely legal. Proindiviso (direct co-ownership) is regulated in the Civil Code. Purchase via an SL created by buyers is also a standard legal mechanism. The key is properly formalising agreements between partners from the start through a notarised shareholders' agreement. **Q: When is full purchase with mortgage worth it?** A: When you use the home more than 10–12 weeks a year, when you have the necessary capital without compromising your liquidity, or when the destination and type of property are very specific and unavailable in co-ownership. For most families with real use of 4–8 weeks per year, alternatives to full purchase are more financially efficient. ### Co-ownership vs multi-ownership vs timeshare - URL: https://www.vivla.com/blog/co-ownership-vs-multi-ownership-vs-timeshare - Markdown: https://www.vivla.com/blog/co-ownership-vs-multi-ownership-vs-timeshare.md - Published: 19 de abril de 2026 - Categories: copropiedad - Reading time: 11 min > Why more and more families are looking for alternatives to full purchase The vacation real estate market in Spain is living in 2026 one of its most contradictory moments: prices in prime destinations have reached historic highs —in Baqueira, 5% of purchase-sale transactions in the premium segment are already carried out through co-ownership (source: idealista, February 2026)— and at the same time the demand for a second home has not stopped growing. The result is a real financial gap for thousands of families. To acquire a second home on the Mediterranean coast or in the Pyrenees in 2026, banks require a down payment of between 28% and 32% of the purchase price. In a house of €800,000, that means having ready between €224,000 and €256,000 before signing. The mortgage rates for a second home, although they have stabilized around 3-3.5%, continue being significantly higher than for a primary residence. The total cost of ownership —down payment, mortgage, maintenance, community, insurance, periods without use— turns the classic second home into a luxury within reach of fewer people each year. Faced with this scenario, three models have emerged that promise to make the vacation home accessible: multipropiedad, timeshare and co-ownership. It sounds similar. It is not. Confusing them can cost you tens of thousands of euros and years of frustration. This guide explains to you the real differences, with data, so that you can decide with criteria. #### What multipropiedad is (and why it has such a bad reputation) Multipropiedad in Spain is regulated by Law 42/1998, of December 15, on rights of use by turn of real estate for tourist use. The technical name says it all: it is a right of use, not a property. You are not the owner of the asset. You do not appear in the Property Registry as owner. You do not benefit from the appreciation of the property. What you buy is the right to use that property during a specific period each year —usually one or two weeks— and nothing more. This distinction is fundamental because it generates economic and legal consequences very different from those of real property. When the flat goes up 20% in value, that benefit is not yours. When rates drop and the market appreciates, neither. You are a user, not an owner. The historical problems of multipropiedad in Spain are well documented and have led to its practical disappearance as a mass consumption product in Europe: **Abusive clauses and void contracts:** The Court of Justice of the European Union has issued multiple rulings against Spanish multipropiedad contracts for absence of pre-contractual information, abusive clauses, verbal contracts and violation of the withdrawal period. Thousands of consumers have recovered amounts paid through judicial means. **Growing maintenance fees without control:** Community expenses are not limited and have increased systematically year after year. Owners who bought in the 90s today pay between €800 and €1,500 annually for the right to use one or two weeks. Without the possibility of effective voting on those costs. **Practically non-existent resale market:** Second-hand platforms are full of multipropiedades offered at €1 —literally— without buyers. Once purchased, multipropiedad is almost impossible to sell at a reasonable price. The residual value tends to zero. **Without appreciation:** Since it is not real property, multipropiedad does not rise in value with the market. It is pure expense, not investment. **Complexes in litigation or closed:** Consumer associations (OCU, FACUA) have documented cases of complexes definitively closed or in prolonged judicial processes where the holders lost their entire investment. Does multipropiedad make any sense? In a very specific profile —one or two weeks a year, always in the same place, very low purchase price— it could have been a reasonable option decades ago. In 2026, with alternatives like co-ownership available, it is difficult to justify. #### What timeshare is Timeshare is the Anglo-Saxon model equivalent to the Spanish multipropiedad, popularized in the United States, the Caribbean and the Atlantic islands. It shares the fundamental characteristic: it is a right of use over someone else's asset, not real property. The main difference with respect to the Spanish multipropiedad is that it is usually managed through large hotel chains (Marriott Vacation Club, Hilton Grand Vacations, Wyndham), which brings greater service consistency. Some timeshare models evolved toward 'points' systems that offer more flexibility to choose destination and dates. However, the structural problems are the same as in multipropiedad, and in some aspects more pronounced: Annual fees of $500-2,000 or more, with guaranteed 2-5% annual increases. Throughout 10 years, the sum of fees can exceed the original purchase price. Extremely complicated resale that loses between 70% and 90% of value according to industry data. The secondary timeshare market is notoriously difficult and there exists a whole industry —partly fraudulent— of companies that charge to 'free you' from your timeshare. Without wealth building: just like multipropiedad, timeshare is an expense, not an investment. It does not generate wealth. Variable legal complexity depending on the country of origin of the product and the applicable legislation. The most important difference with respect to the Spanish multipropiedad is the scale and the brand: timeshares from large chains have somewhat more liquidity (although scarce) and better management quality. But the underlying economic model is the same: you pay for time of use in an asset that is not yours. #### What co-ownership is Co-ownership is radically different. It is not a right of use: it is real property. When you buy a share in co-ownership, you acquire a proportional part of a real property. You appear in the public deed before a notary. Your share is registered in the Property Registry. You are a legal co-owner of the asset, with all the rights that this entails. The modern model of managed co-ownership —the one that Vivla offers— operates through a Limited Liability Company (SL). The property is typically structured into 8 shares, each one representing 1/8 of the asset. Each co-owner is a shareholder of that SL and has a real right to the appreciation, to the resale, to inherit and to donate their share exactly like any other real estate asset. What differentiates managed co-ownership from DIY co-ownership between friends or family? Everything. The management company (in this case Vivla) takes care of the complete management: maintenance, cleaning, insurance, tax management, usage calendar and all the logistical aspects. The co-owners only have to enjoy. **Real property registered in the Property Registry:** there are no opaque contracts, there is a notarial deed. **Real appreciation:** the average on resales carried out by Vivla has been between 9% and +11%. This is possible because the underlying asset follows the dynamics of the real estate market. **Real liquidity:** the average resale time of a share with Vivla is less than 3 months. It contrasts with the practical impossibility of selling a multipropiedad. **Proportional and fair use:** with 1/8 of the property, approximately 6-8 weeks of use per year managed through a transparent calendar and app. **100% delegated management:** without coordination between co-owners, without maintenance surprises, without operational work for the owner. *Do you want to know how much a co-ownership really costs in your favorite destination? Discover it at *[*vivla.com*](https://www.vivla.com) #### Complete comparative table: Multipropiedad vs Timeshare vs Co-ownership Aspect | Multipropiedad | Timeshare | Co-ownership (Vivla) | Type of right | Use (Law 42/1998) | Use | Real property | Property Registry | No | No | Yes, notarial deed | Appreciation | No | No | +9% average (Vivla data) | Liquidity / Resale | Practically impossible | Loses 70-90% of value | < 1 to 4 months | Annual cost | €800-1,500 in fixed fees | $500-1,000/year + increases | Proportional, shared among 8 | Contractual transparency | Historically opaque | Variable | Public notarial deed | Regulation | Law 42/1998 (ES) | Country of origin | Civil Code, full protection | Typical use per year | 1-2 fixed weeks | 1-2 weeks (with points) | ~6 weeks (1/8) | Inheritance / Donation | Limited and complex | Limited | Yes, like any real estate asset | Do you build wealth? | No | No | Yes | #### Key legal aspects in Spain The legal framework is one of the most important points to understand the real differences between the three models. ##### **Multipropiedad: Law 42/1998 and its problematic history** Law 42/1998 establishes requirements of pre-contractual information, withdrawal periods of 10 days and restrictions on down payments. However, its compliance has been historically deficient, and Spanish and European jurisprudence accumulates hundreds of rulings favorable to consumers. If you have a multipropiedad and you paid before 1999 or with a verbal contract, it is probable that you have the right to claim. ##### **Organic Law 1/2025 (LPH) and its impact: does it affect co-ownership?** The new Organic Law 1/2025, in force since April 3, 2025, allows communities of owners to prohibit tourist rental in a building by vote of 3/5 of owners and shares. This rule has generated much alarm among owners of tourist flats. However, co-ownership is NOT affected by this law. The reason is technical but important: co-ownership is real property, not tourist rental. The owner of a co-ownership uses their own property; they do not need a tourist rental license, they do not need community approval and they are not subject to this vote. This is a real and significant competitive advantage. ##### **Managed co-ownership: solid legal structure** The co-ownership managed by Vivla is articulated through an SL that owns the property. The co-owners are shareholders with shares. This structure brings legal stability, avoids the risk of the classic proindiviso (where any co-owner can demand the division), facilitates the transmission of shares and guarantees a clear taxation. The public deed before a notary is the maximum guarantee of the transaction. #### Which is the best option for you? The answer depends on your profile, your objectives and your financial situation. Here an honest decision tree: ##### **If you are looking for the lowest possible price and you will only use the accommodation 1-2 weeks a year** Multipropiedad is no longer the answer: the secondary market is destroyed and the accumulated costs make it rarely worthwhile. Quality vacation rental or even a travel club can be more efficient. ##### **If you want a resort with hotel service and a lot of destination flexibility** Timeshare from a recognized chain can make sense, assuming from the beginning that it is an expense, not an investment, and that you will not recover the capital. The use must justify the cost. ##### **If you are looking for real property + appreciation + flexibility + hassle-free management** Managed co-ownership is the most balanced option. You build real wealth, you benefit from the real estate market, you can sell, and the management is completely delegated. With VIVLA, the initial investment varies between €90,000 and €485,000 depending on the property and the share, with an average use of 6-8 weeks a year. ##### **When NOT to choose co-ownership?** If your objective is purely investor without personal use, more suitable financial vehicles exist. *Talk to a Vivla advisor without commitment. They will tell you if co-ownership fits your profile — and if it does not fit, also. Visit *[*vivla.com*](https://www.vivla.com) #### Frequently asked questions ##### **Q: Can I sell my share in co-ownership whenever I want?** A: Yes. The share in co-ownership is a real asset that you can sell at any moment through the standard notarial process. The resale price reflects the market value of the property at that moment. ##### **Q: Is co-ownership the same as a timeshare?** A: No, they are completely different models at a legal and economic level. Timeshare is a right of use over someone else's asset; you do not appear in the Property Registry and you do not benefit from the appreciation. Co-ownership is real property: you are a co-owner of the property, you build wealth and you can sell recovering market value. ##### **Q: What happens if another co-owner does not pay their part of the expenses?** A: In the Vivla model there exists Vivla Protection, a guarantee system that covers the non-payments of other co-owners. Your use and the services of the home are not affected by the financial situation of other shareholders. It is one of the key differences with DIY co-ownership between private individuals. ##### **Q: How is the usage calendar managed?** A: The calendar is assigned in a proportional and equitable way, guaranteeing that each co-owner has access to weeks both in high season and low season. With 1/8 of the property (the standard share), you have available approximately 6-8 weeks a year. The management is carried out through the Vivla app. ##### **Q: Is co-ownership completely legal in Spain?** A: Yes. Co-ownership is regulated in the Spanish Civil Code (articles 392-406) and the participated SL model is a standard legal structure completely recognized. All the operations are formalized before a notary with public deed. There does not exist any legal restriction for this model. ##### **Q: Does the new Tourist Rental Law of 2025 affect co-ownership?** A: No. Organic Law 1/2025 that allows communities to prohibit tourist rental only applies to vacation rental. Co-ownership is real property, not rental. You do not need a tourist license, you do not need your community's vote and you are not subject to any restriction of the new regulation. ### Co-ownership destinations in Spain 2026 - URL: https://www.vivla.com/blog/co-ownership-destinations-spain-2026 - Markdown: https://www.vivla.com/blog/co-ownership-destinations-spain-2026.md - Published: 18 de abril de 2026 - Categories: destinos - Reading time: 10 min > Vivla expands to **5 new destinations** in 2026: Canary Islands, Asturias, Costa del Sol, Formigal and Mallorca reinforcement. Complete zone guide with prices, profiles and choices. In 2026, Vivla makes a significant leap in its expansion strategy. The company, which began operating in premium Balearic destinations (Ibiza, Mallorca, Menorca, Formentera) and Baqueira, announces its arrival in five new destinations: **Canary Islands, Asturias, Costa del Sol, Formigal** and a reinforced expansion in Mallorca (source: OkDiario, February 2026). This expansion responds to real demand. The destination posts on Vivla's blog already accumulate over 22,000 monthly impressions on Google, validating interest in second homes via co-ownership beyond the Balearics. The Spanish vacation co-ownership market has gone from luxury niche to a **category with real and diversified demand**. With 125 homes targeted for 2026 and €30M revenue in 2025, Vivla is in a growth moment that makes it relevant to know each new destination's characteristics. #### Canary Islands: sun, sea and year-round appreciation The Canary Islands are the destination with the highest growth potential for co-ownership in 2026. The reasons are structural: ##### **Year-round climate** The Canary Islands have an annual average temperature of 22–24°C. Unlike Mediterranean destinations with concentrated summer seasons, in the Canary Islands the property can be used any month of the year. For a co-owner with 6–8 weeks annually, this maximises use flexibility. ##### **Solid international demand** Germans and British constitute the main foreign buyers of second homes in the Canary Islands. The new Canarian Law 6/2025 on vacation housing has brought more regulatory clarity to the sector, although with restrictions in saturated zones. The real estate market shows **5–7% annual appreciation** in 2025. ##### **More competitive prices than the Balearics** The average price in prime Canary Islands zones (south Tenerife, south Gran Canaria, Lanzarote) is between **€2,500 and €4,500/m²**, compared with €4,000–8,000/m² in the Balearics. ##### **Ideal Canary co-owner profile** Families wanting to enjoy warm climate in winter, active retirees seeking a winter base, and Northern Europeans escaping continental climate. #### Asturias: the green paradise of the north Asturias is the most differentiated destination in Vivla's 2026 expansion. While the rest of the portfolio is sun and beach, Asturias offers a completely different profile: **nature, gastronomy, tranquillity and unique landscapes**. ##### **The demand for the «other tourism»** Inland and nature tourism has grown significantly in Spain since 2020. Madrid and northern families seeking escape from summer heat, who value gastronomy and contact with nature, and want a different second home from the beach. ##### **Competitive prices** The average price in quality second-home zones (Llanes, Ribadesella, Gijón, Candás) is between **€1,500 and €3,000/m²**. Co-ownership shares would be correspondingly more accessible. ##### **Specific Asturian destinations** Llanes and Ribadesella: the most demanded Cantabrian coast, with white sand beaches and cliffs. Gijón: city with urban offer and beach. Candás/Luanco: quiet residential area. For the Vivla profile, rehabilitated mansions, country houses and inland farmhouses are the property type most aligned with the brand. ##### **Ideal Asturian co-owner profile** Families from Madrid or Castile and León looking to escape the heat. Lovers of gastronomy and nature. Remote workers seeking a base for long stays in a different environment. #### Costa del Sol: the reinvented classic The Costa del Sol —and Marbella in particular— remains one of the most active premium second-home markets in Europe. In 2026, Vivla's presence in this area responds to documented demand: ##### **Mature market with new dynamics** Costa del Sol prices grew **9% year-on-year in 2025**. Málaga has consolidated as a European tech hub, with a community of international remote workers driving quality housing demand. The buyer profile is mainly international: British, Nordics, Germans. ##### **Marbella, Estepona, Nerja** Marbella remains the symbol of luxury on the Costa del Sol. Estepona is the highest-growth market in 2025–2026, with quality projects at more competitive prices than Marbella. Nerja and the eastern coast have a more authentic profile and lower prices. ##### **Year-round** The Costa del Sol has **more than 320 sunny days a year** and a mild winter. Like the Canary Islands, it allows property use in months that are impossible elsewhere. ##### **Ideal Costa del Sol co-owner profile** International buyers, especially British and Nordic. Families with children practising golf or water sports. Active European retirees seeking a second home with good climate. #### Formigal: skiing in winter, mountain in summer Formigal is the alternative to Baqueira in the Aragonese Pyrenees. Vivla already has a consolidated presence in Baqueira, and the Formigal expansion broadens the mountain portfolio with a different resort. ##### **Double season: the great advantage** Formigal has **two clear use seasons**: skiing from December to April, and mountain, hiking and cycling from June to September. This solves the seasonality problem of any pure ski resort. Families buying in Formigal have natural use in two completely different seasons. ##### **More accessible alternative to Baqueira** Formigal prices are generally more competitive than Baqueira. For families wanting quality skiing but with a tighter budget, Formigal is the ideal option. ##### **Ideal Formigal co-owner profile** Families with skiing children from Zaragoza, Madrid and the Basque Country. Families wanting to combine ski winters with mountain summers. Profile of 35–55 years with children of 5–18 years. The most demanded property type: chalets with fireplace, slope access and group space. ##### **Mallorca: the consolidated jewel** Mallorca is already a consolidated destination in Vivla's portfolio, with 5,969 monthly impressions for the destination blog post alone. The 2026 expansion reinforces island presence with more properties and greater zone diversity. Prices in premium areas (Pollença, Deià, Santa Ponsa, SW area) are between **€4,000 and €8,000/m²** and continue rising, with very active international demand from Germans, British and Swiss. #### Comparative table of destinations Comparative summary of Vivla destinations in 2026: - **Ibiza:** €5,000–8,000/m². High season June–Sep. Direct flights. Status: active. - **Mallorca:** €4,000–8,000/m². High season May–Oct. Direct flights. Status: active and expanding. - **Menorca:** €3,500–6,000/m². High season June–Sep. Seasonal flights. Status: active. - **Baqueira/Pyrenees:** €4,000–7,000/m². Double season (Dec–Apr / Jun–Sep). Car/train. Status: active. - **Costa del Sol:** €3,500–6,000/m². May–Oct, plus year-round sun (>320 days). Direct flights to Málaga. Status: 2026 expansion. - **Canary Islands:** €2,500–4,500/m². Year-round. Direct flights. Status: 2026 expansion. - **Asturias/Cantabria:** €1,500–3,000/m². June–Sep. Plane or car. Status: 2026 expansion. - **Formigal:** €2,500–4,500/m². Double season. Car/Zaragoza. Status: coming soon. #### How to choose your ideal destination With so many options, how to decide? These are the key questions: ##### **Sea or mountain?** If your use is mainly summery and you enjoy the sea, any coastal destination works. If skiing is an important motivation or you prefer a cooler climate, Baqueira or Formigal are the options. If you want maximum use flexibility and have no clear preference, the Canary Islands or Costa del Sol (year-round climate) offer the highest use return. ##### **Seasonal or year-round?** Seasonal-use destinations (Asturias, Balearics) have more competitive prices but more limited use windows. Extended-use destinations (Canary Islands, Costa del Sol) maximise available use weeks. ##### **What's your budget?** Shares in the Canary Islands and Asturias are more accessible than in the Balearics. If your budget is tighter, these destinations offer access to quality properties at a lower entry price. If your budget allows premium destinations, Ibiza or Mallorca have the best historical appreciation. ##### **With or without children?** With small children: beach, pool, services, easy access. Mallorca, Canary Islands or Costa del Sol. With older skiing children: Baqueira or Formigal. Without children or with adult children: Ibiza, Asturias (gastronomy) or Costa del Sol (golf) may fit better. Want to see the available properties in each destination? Visit [vivla.com/listings](https://www.vivla.com/listings) and filter by your favourite destination. #### Frequently asked questions by destination **Q: When is the best time to go to the Canary Islands in co-ownership?** A: The Canary Islands are excellent year-round, but winter (November–March) is the most valued season for Northern Europeans. That's when the climate contrast with the origin is greatest and use demand is highest. In summer it's also pleasant but not as different from continental Europe. **Q: What property type does Vivla have in Asturias?** A: The Asturian portfolio includes rehabilitated mansions and farmhouses inland and modern villas on the coast. The style is more rural and authentic than in the Balearics, aligned with the profile of the tourist who chooses Asturias for nature and gastronomy. **Q: Is Formigal worth it if I only ski?** A: If you only ski, real use will be 2–4 weeks in season. To maximise the value of co-ownership in Formigal, the ideal is to combine winter skiing with at least a couple of summer mountain weeks. Double use turns Formigal into a much more efficient investment. **Q: Which destination has the best historical appreciation?** A: The Balearics (Ibiza and Mallorca) have the best appreciation history in Spain, with 8–10% annual growth in the recent cycle. The Costa del Sol has shown similar growth in the last 2–3 years. The Canary Islands are in an acceleration phase. For proven historical appreciation, the Balearics are the reference. ### Co-ownership Spain complete guide 2026 - URL: https://www.vivla.com/blog/co-ownership-spain-complete-guide-2026 - Markdown: https://www.vivla.com/blog/co-ownership-spain-complete-guide-2026.md - Published: 15 de abril de 2026 - Categories: copropiedad - Reading time: 15 min > The **definitive guide** on co-ownership of homes in Spain in 2026: legal framework, managed model, step by step, advantages, risks, destinations and FAQ. Co-ownership of a home is the shared ownership of a property by two or more proprietors. In legal terms, each co-owner holds a proportional share of the asset —an **undivided interest**— and has all the rights of real ownership: the right to use the asset, to receive any income it produces, to transfer their share, to benefit from its appreciation, and to participate in decisions about the asset. In Spain, co-ownership is regulated primarily in the **Civil Code, articles 392 to 406**. These articles establish the rights and obligations of co-owners, the rules for managing the common property, and the grounds for terminating co-ownership. Two main types of co-ownership exist in practice: ##### **Ordinary co-ownership (proindiviso)** The classic form, frequently arising from inheritance: several heirs jointly receive a property. Each has their proportional share but the property isn't physically divided. The problem with proindiviso is that any co-owner can demand division of the common asset at any time (art. 400 CC), which can force a sale or judicial division. ##### **Managed co-ownership (modern model)** The model represented by Vivla, where co-ownership is structured through a **Sociedad Limitada (SL)**. The SL owns the property, and the co-owners are SL shareholders with proportional shares. This structure provides legal stability, eliminates the risk of the proindiviso division action, facilitates share transfer and enables professional asset management. Managed co-ownership is also known internationally as «co-ownership», «fractional ownership» or «propiedad fraccionada», although these terms have no direct translation in Spanish law. #### What is co-ownership of a home Managed co-ownership of vacation homes is a relatively new model in Spain —with pioneers like Vivla starting operations in 2020–2021— although it has a longer track record in Anglo-Saxon markets, especially the US and UK. The model works as follows: a specialised company (in this case Vivla) selects and acquires premium properties in high-demand vacation destinations. Each property is divided into shares —typically **8**, though it can vary— offered to individual buyers. Each buyer acquires a share of the SL that owns the property, becoming a legal co-owner. From that point on, the management company handles all operational aspects: - Preventive and corrective property maintenance. - Cleaning and preparation before each stay. - Home insurance, civil liability and other coverage. - Calendar management for use among the 8 co-owners. - SL tax management and reporting to each co-owner. - Concierge services and co-owner attention. - Resale management when a co-owner wants to sell. Co-owners don't need to coordinate directly with each other or make operational decisions. The management company acts as intermediary and professional administrator of the asset. This is the fundamental difference from DIY co-ownership: **delegated management turns the second home into a hassle-free experience**. #### Managed co-ownership: the modern model Managed co-ownership is frequently confused with other models. Executive summary of the main differences: - **Managed co-ownership:** YES you're an owner (notarial deed). YES it appreciates (+11% Vivla average). YES you can sell (<4 weeks average). YES delegated management (management company). - **Multipropiedad:** NO you're not an owner (right of use). NO appreciation. Selling is almost impossible. Partial management. - **Timeshare:** NO you're not an owner. NO appreciation. You lose 70–90% on resale. Yes there's management (hotel chain). - **Vacation rental:** NO you're not an owner. No appreciation applies. Optional management. - **Full purchase:** YES you're an owner (full property). YES appreciation. YES sale (standard market). NO delegated management (on your own). For a complete and detailed comparison between co-ownership, multipropiedad and timeshare, visit the dedicated article: [Co-ownership vs Multipropiedad vs Timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know). #### Differences with multipropiedad, timeshare and rental The process of buying a co-ownership share with Vivla follows these 6 steps: - **1. Choose destination and property:** Browse the catalogue at vivla.com/listings. Each property has its complete sheet with photos, features, share price, destination and availability status. - **2. Select the home:** Once chosen, you can reserve your share. At this point price and operation conditions are agreed. - **3. Due diligence:** Vivla provides all technical and legal documentation: property registry, charges, technical reports, SL bylaws, shareholders' agreement. - **4. Notary signing:** The share purchase is formalised by public deed before a notary. It's a completely standard transaction from the legal standpoint. - **5. Calendar onboarding:** After signing, you join the property's use calendar. Vivla assigns your proportional weeks and gives you access to the app. - **6. Enjoyment:** You book your weeks through the app, arrive at your property with everything ready and enjoy. No management, no coordination. #### Step by step: how to buy a co-ownership ##### **Access to premium properties** Co-ownership democratises access to high-quality vacation homes that would otherwise be inaccessible. A €1,200,000 villa in Mallorca becomes accessible at **€150,000 in 1/8 co-ownership**. The property level doesn't change; the capital required does. ##### **Shared costs** Maintenance, insurance, taxes and all fixed costs are split among 8 owners. The €6,000 annual IBI of a villa becomes €750 per co-owner. ##### **Fully delegated management** You don't have to worry about anything operational. No plumbers, no cleaning, no insurance, no SL tax filings. Vivla manages it. Your relationship with the property is purely about enjoyment. ##### **Real liquidity** The average resale time for a Vivla share is **under 4 weeks** (source: idealista, February 2026). This is a radical difference from multipropiedad or timeshare, where resale is almost impossible. ##### **Appreciation** As real ownership, the share appreciates with the real estate market. Average resale appreciation in Vivla's portfolio has been **+11%**, although past performance doesn't guarantee future results and outcomes may vary by destination and market cycle. ##### **Diversification** With the capital of one full home, you can hold shares in multiple properties in different destinations. You diversify both enjoyment and real estate risk. #### Advantages of co-ownership An honest analysis also includes the limitations. This builds trust and helps buyers make informed decisions. ##### **Limited use** With 1/8 of the property, you have approximately **6–8 weeks** of use per year. If you need more time in the same property, co-ownership doesn't give you that flexibility. The real maximum is 8–10 weeks. ##### **Dependence on the management company** Your experience as a co-owner depends largely on the quality of management. If the management company has operational, financial or service problems, that affects your experience. That's why it's crucial to choose a management company with a proven track record and financial solvency. ##### **Living with other co-owners** Although you don't coordinate directly with the other 7 owners day-to-day, they are your partners in the SL. If one has financial difficulties or wants to sell at an inconvenient time, there can be implications. The shareholders' agreement regulates these situations, but it must be understood well. ##### **Real estate market risk** Like any real estate asset, the share can lose value if the local market falls. Prime destinations have lower historical volatility, but **there is no appreciation guarantee**. ##### **Non-instant liquidity** Although liquidity is much higher than multipropiedad, it isn't instant like equities. Selling can take days or weeks. If you need the capital urgently, it may not be immediately available. #### Disadvantages and risks: what you should know Managed co-ownership fits especially well with these profiles: ##### **Families with children who want vacations without logistics** A family that goes 5–8 weeks a year to their favourite destination and wants always-available, hassle-free quality housing. ##### **Professionals without time to manage a property** People with high purchasing power but little time. They want second-home enjoyment without the work of maintaining it. ##### **Investors who want to diversify with a tangible asset** People who want exposure to the vacation real estate market without tying up all their capital in a single asset. With co-ownership, they can hold shares in two or three different destinations. ##### **Expats and international citizens** People who live outside Spain but want a base here for vacations or eventual return. Delegated management is especially valuable when you don't live near the property. #### Who is co-ownership for? Some market and Vivla portfolio data that help size up the opportunity: - **Baqueira:** 5% of premium 2025 sales are already in co-ownership (source: idealista, February 2026). - **Vivla:** €30M in 2025 revenue, over 200 transactions, €100M in assets under management. - **Average resale appreciation Vivla:** +11%. - **Average resale time:** under 4 weeks. - More than **20% of Vivla co-owners** invested in the company in the €1.4M 2025 funding round (source: OkDiario press release, February 2026). Vivla operates in Spain's main premium vacation destinations: Ibiza, Mallorca, Menorca, Formentera, Baqueira, Cádiz/Costa Blanca. And expanding for 2026: Canary Islands, Asturias/Cantabria, Costa del Sol and Formigal. To see all available properties with current prices, visit [vivla.com/listings](https://www.vivla.com/listings). #### Co-ownership in numbers and popular destinations Managed co-ownership has a solid legal framework in Spain that protects buyers: ##### **Civil Code (articles 392–406)** Regulates rights and obligations of co-owners, common property administration and termination grounds. The SL model eliminates the most problematic risks of classic proindiviso. ##### **Buyer protection** As a sale of SL shares, the process is regulated by share-sale legislation. The notarial public deed guarantees legal security of the transaction. ##### **Difference from tourist rental** Co-ownership is **not subject to tourist housing regulation (VUT)**. Organic Law 1/2025 (LPH) which allows homeowners' associations to prohibit tourist rental does not apply to co-ownership. The co-owner uses their own property, doesn't rent to tourists. More info: [2026 tourist rental regulation](https://www.vivla.com/blog/tourist-rental-regulation-2026-spain-second-home). ##### **Shareholders' agreement**SLs of managed co-ownership typically have a shareholders' agreement regulating issues like use rules and calendar, share-sale protocol, right of first refusal among partners, default management, and other contingencies. This document is essential to read before buying. #### Legal framework and frequently asked questions **Q: How much does a co-ownership with Vivla cost?** A: Shares in Vivla's portfolio range from approximately **€90,000 to €485,000**, depending on destination, property type, number of shares and market conditions. **Q: How many weeks can I use my co-ownership?** A: With 1/8 of a property, proportional use is approximately 6–8 weeks per year. The calendar is managed equitably, ensuring access to weeks in both high and low season. **Q: How does the use calendar work?** A: Vivla manages the calendar through its platform and app. The system ensures equitable time distribution among the 8 co-owners. It's transparent and accessible at all times. **Q: Can I rent out my weeks if I can't use them?** A: Conditions vary depending on each SL's model. Consult the shareholders' agreement of the specific property you're interested in. Generally, the model is designed for personal use, not rental. **Q: What if another co-owner doesn't pay their share?** A: Vivla Protection covers non-payments. Your access to the property and maintenance aren't affected by other partners' financial situations. **Q: Can I make alterations to my co-ownership?** A: Significant alterations require the agreement of the majority of partners, as established by the shareholders' agreement. Minor decoration improvements are subject to Vivla's conditions. **Q: What if I want to sell my share?** A: You can put it up for sale at any time. Vivla manages the process and usually has active demand. Average resale time is under 4 weeks. **Q: Can I leave my share as inheritance?** A: Yes. The share is an asset that can be inherited, donated or transferred like any other asset. **Q: Is co-ownership suitable for pure investment (no use)?** A: The model is designed primarily for personal use combined with appreciation. If your goal is purely return without personal use, more suitable real estate investment vehicles exist (SOCIMIs, funds). **Q: What's the typical Vivla co-owner profile?** A: Families with children aged 35–55, medium-to-high income, who value quality vacations but don't want to manage a property. Also international professionals and expats. **Q: How does Vivla select properties?** A: Vivla has a rigorous selection process including location and demand analysis, technical inspection, independent valuation and appreciation potential analysis. More info: [how Vivla selects homes](https://www.vivla.com/blog/how-vivla-selects-unique-holiday-homes). Have more questions? The Vivla team is available for a no-commitment consultation. Visit [vivla.com](https://www.vivla.com). ### Advantages and tips for buying a rural house - URL: https://www.vivla.com/blog/advantages-and-tips-for-buying-a-rural-house - Markdown: https://www.vivla.com/blog/advantages-and-tips-for-buying-a-rural-house.md - Published: 15 de abril de 2026 - Categories: copropiedad - Reading time: 8 min > Thinking about buying a rural house? Whether you're looking for a **vacation home** or a **permanent residence**, moving to a rural area offers many advantages. In this guide we cover the benefits, key considerations, financing options and how to find the perfect rural house without losing your mind in the process. The first step to buying a rural house is understanding the advantages and the considerations that come with purchasing a rural property. Rural houses can offer the perfect escape from the hustle and bustle of city life: they provide a more peaceful and relaxed lifestyle, with the opportunity to connect with nature and be part of a tight-knit community. On top of that, rural houses are often **more affordable than urban ones** and usually come with more land to make the most of. #### Advantages of buying a rural house The main advantage of buying a rural house is the sense of **connection with nature** and the surrounding environment. You'll get to enjoy the beauty of the countryside, fresh air and the opportunity to belong to a tight-knit community. It's a great way to escape the stress of urban life and find peace and quiet. Rural houses typically sit on larger plots than urban properties, giving you more space to enjoy the outdoors. You can garden, hike, bike or simply relax in a quiet setting. You'll also have more privacy and the chance to be surrounded by wildlife. And if you're interested in starting a business, rural areas can offer the perfect opportunity, with lower overhead costs and more space to expand in case you want to remodel or renovate. #### Key considerations before buying a rural house Before closing the purchase, there are several factors to evaluate. First, decide whether you're looking for a **vacation home** or a **permanent residence**. This will help you narrow your search and make sure you're looking at properties that fit your needs. You should also factor in the **cost of living in the area**: taxes, insurance, utilities and other expenses. If you're planning a long-distance move, add that to the calculation. Research the availability of services in the area, such as schools, hospitals and grocery stores. Finally, consider the local climate and weather conditions: they can affect both the comfort of your home and the availability of recreational activities throughout the year. #### Financing options Once you've decided to buy, it's time to think about financing. There's a wide range of options available, including **mortgages**, **home equity loans** and **cash purchases**. It's important to research each alternative to figure out which one best fits your situation. Mortgages are the most common financing option for rural houses. Terms vary depending on the lender and the property. Home equity loans are another option, allowing you to borrow against the value of your current home. Cash purchases are also possible, but they require a significant upfront investment. #### How to find the perfect rural house Once you've settled on a financing method, it's time to start the search. You can begin online by checking listings on the main real estate portals. You can also get in touch with a local real estate agent who knows the area and can help you find the perfect property. It's essential to **visit the properties you're interested in** to get a real feel for the area and make sure it's the right fit for you. Once you've found the house, you can start the process of making an offer. #### Inspection and negotiation Before making an offer, it's essential to **inspect the house**. An inspector will check the foundations, roof, plumbing, electrical system and other areas to make sure everything is in working order. This helps you confirm the actual condition and identify any potential issues. It's also important to research the local laws and zoning rules. This will help you understand what kind of activities are allowed on the property and whether there are restrictions on land use. With the inspection done and the information in hand, you can start the negotiation. Research comparable sales in the area to make sure you're getting a fair price, and factor in the condition of the property and any necessary repairs or renovations. Stay firm on your offer and be prepared to walk away if the negotiation isn't moving forward, but also remain open to compromise. #### Closing the purchase and moving in Once the price is agreed, it's time to **close the purchase**. This process involves signing the purchase documents and transferring the property title. Your priority will be making sure all the paperwork is in order and that all applicable taxes and fees have been paid. The process can take time, so be patient and prepared for possible delays. After closing, the move begins. It's an exciting and also daunting process, since you're leaving your old home behind and starting a new life in a rural area. You may need to adjust to a slower pace of life and the lack of some services and infrastructure. Take time to explore the area and get to know your new community: it will help you feel at home much sooner. #### Looking for a second home without the hassle of full ownership? Buying a rural house on your own is a rewarding experience, but it also means handling maintenance, taxes and the full weight of the expenses. If what you're after is enjoying a **second home in privileged settings** without taking on 100% of the investment or the headaches, [VIVLA's co-ownership](https://www.vivla.com) is an alternative worth exploring. With VIVLA you can buy anywhere from ⅛ to ½ of unique villas in Spain's most exclusive destinations, enjoy up to 6 weeks a year and forget about the day-to-day: we take care of maintenance, cleaning, renovations and legal management. [Discover how it works](https://www.vivla.com) and start enjoying your second home the way you always imagined. ### What is a timeshare - URL: https://www.vivla.com/blog/what-is-a-timeshare - Markdown: https://www.vivla.com/blog/what-is-a-timeshare.md - Published: 15 de abril de 2026 - Categories: copropiedad - Reading time: 8 min > A **timeshare** is a shared-use arrangement where multiple buyers each pay for the right to use a vacation property for a set period every year, usually one week. You either own a deeded fraction of the property or hold a right-to-use lease from the developer. The **FTC** defines it primarily as a vacation product, not a real-estate investment, and the U.S. industry tracked **$24,714 as the average purchase price and $1,480 in annual maintenance fees** in 2024 according to the ARDA 2025 State of the Vacation Timeshare Industry report. Below, the full breakdown — and where the model leaves buye The concept dates back to 1963, when Swiss developer Hapimag pioneered the first vacation-ownership scheme in Switzerland. Two years later, the Hilton Hale Kaanapali project replicated the formula in Maui, and by the late 1970s timeshares had spread through North America and Europe. Spain caught the wave during the 1990s, mostly through coastal resorts. The product made sense for a specific traveler: someone who returns to the same destination year after year and prefers a guaranteed slot to a hotel reservation. That niche still exists. U.S. timeshare resorts ran at an **80% average occupancy rate in 2024** — well above the roughly 63% reported for the hotel sector — and the industry posted **$10.5 billion in total sales volume**, per the ARDA/Ernst & Young 2025 report. The problem is what happens after you sign. Annual fees climb, resale is brutal, and the contracts can last decades. The model has evolved alongside legal scandals (a 2015 ruling by Spain's Tribunal Supremo voided thousands of European timeshare contracts) and shifting buyer expectations toward flexibility and actual property ownership. This guide walks through the mechanics, the real costs, the risks, and where fractional ownership fits as a modern alternative. #### What exactly is a timeshare and how does it work? A timeshare is a **vacation-property ownership model where multiple buyers share use of a single unit** — typically a condo, villa, or resort apartment — with each owner allocated a fixed amount of time per year. The unit is divided into 52 weekly intervals, and you pay for one or more of them. There are two foundational structures, and the difference matters legally: - **Deeded ("fee simple") timeshare**: you receive a recorded deed for your fractional interest in the real estate. You can sell, rent, or pass it on through inheritance. You also remain liable for taxes and fees indefinitely. - **Right-to-use (RTU) timeshare**: you don't own anything tangible. You lease usage rights from the developer for a fixed period — commonly 20 to 99 years — after which the contract expires and the property reverts to the developer. The FTC notes that the laws governing timeshares vary by the state or country where the property sits, which complicates resale and exit. The ARDA 2025 report counted **1,497 timeshare resorts and roughly 195,800 units** in the United States alone, with 71% configured as two-bedroom or larger to fit family travel. #### What are the main types of timeshare contracts? Beyond the deeded vs. right-to-use split, timeshares are sold under four usage formats. Each one trades flexibility for predictability: - **Fixed week**: the same week, the same unit, every year. Best for travelers who want zero booking friction and accept that "their week" is locked in. Holiday weeks command a premium. - **Floating week**: you book any available week within a defined season. More flexibility, more competition during peak demand. - **Points-based (vacation clubs)**: you buy a balance of points and redeem them across a network of resorts. Larger properties, peak weeks, and premium destinations cost more points. Hilton Grand Vacations, Marriott Vacation Club, and Wyndham Destinations operate the largest U.S. point networks. - **Biennial**: usage every other year, often half the upfront cost and half the annual fees. There's a fifth category that creates confusion: **"fractional ownership" sold inside the timeshare industry**. Some resort developers use the term loosely to describe deeded timeshares of 1/4 or 1/13 with longer usage windows. True fractional ownership — the kind built around a single luxury home with 4 to 12 co-owners — sits in a separate legal and economic category, covered below. #### How much does a timeshare cost in 2026? Sticker price is only the down payment on a much longer bill. According to the **ARDA 2025 State of the Vacation Timeshare Industry report**, the average U.S. timeshare interval sold for **$24,714** in 2024. The average annual maintenance fee climbed to **$1,480** that same year — a 17.5% jump in twelve months and roughly a 36% increase over five years, per the Ernst & Young analysis behind the ARDA report. A realistic cost stack looks like this: - **Upfront purchase**: $24,714 average; entry-level deals can start near $10,000, luxury intervals run well past $50,000. - **Annual maintenance fees**: $1,480 average, raised most years. Industry average financing rate sits around 14.8%, pushing monthly payments to $325–$400 for buyers who finance the purchase. - **Special assessments**: one-off charges for renovations, storm damage, or underfunded reserves. The ARDA 2025 report noted that close to 30 resorts temporarily closed in 2024 due to storm damage, which pushes insurance and reserve calls up. - **Exchange and booking fees**: $10–$50 per transaction, plus annual membership in exchange networks like RCI or Interval International. Over a 20-year hold, Finn Law Group's estimate puts cumulative maintenance fees alone near **$44,484** — separate from the purchase, financing, and assessments. The FTC's own consumer guidance is blunt about this: *"the value of a timeshare is in its use as a vacation destination, not as an investment."* #### Why do timeshares have such a bad reputation? Three structural problems explain the reputation, and none of them have been fixed by the industry. **Contracts that don't end when you want them to.** Most timeshares lock buyers into perpetual fee obligations. Paying off the original purchase doesn't stop maintenance charges — those continue for as long as you hold the deed, and they continue rising. Some owners report cumulative payments exceeding the resale value of the property within a decade. **A resale market that barely exists.** Run any "for sale by owner" timeshare listing through eBay or Redweek and you'll find weeks listed for $1 with no takers. Supply outstrips demand because developers prioritize new sales over secondary inventory, and most buyers who want to use the model buy direct. The FTC has documented sustained patterns of resale and exit scams that re-victimize owners trying to escape. **Legal cracks in the model.** Spain's Tribunal Supremo issued a landmark 2015 ruling declaring most European timeshare contracts illegally sold, allowing thousands of holders to claim back their investment. Multiple Spanish chains went bankrupt in the aftermath. The U.S. has seen its own pattern of FTC enforcement actions against resale fraud operators — Resort Solution Trust and Vacation Communications Group are two documented cases where the FTC and Florida Attorney General secured court orders freezing assets and halting deceptive practices. The defense from the industry is that satisfied long-term owners exist and resort occupancy is strong — both true. The catch is that the model works for the resort operator regardless of whether it works for any individual owner. #### Fractional ownership: a more flexible alternative to timeshare Fractional ownership and timeshare get lumped together, but they're structurally different products. Where a timeshare typically splits a single unit among 52 owners and grants one week of access, fractional ownership splits **a single luxury home among 4 to 12 co-owners** and grants several weeks per share. The decisive distinction is the deed: a fractional owner receives a recorded ownership interest in the actual property (usually through an LLC or tenancy-in-common structure), which means the share can appreciate, be sold on the open market, financed, or inherited like any other real-estate asset. At [VIVLA](https://www.vivla.com), each home is divided into 8 fractions. Buying one fraction gives you legal ownership of one-eighth of a designed, fully managed vacation home in destinations like Ibiza, Formentera, Menorca, Costa Brava, Baqueira, or Costa del Sol — and **6 weeks of confirmed use every year**. Costs are split proportionally across owners: a single annual fee covers maintenance, utilities, insurance, the Studio's interior renovation, and the Community Team's daily management. Three differences that matter most when you compare side-by-side: - **Equity vs. expense**: a fractional share is real estate and behaves like real estate; a timeshare is a vacation product, and the FTC says so explicitly. - **Resale**: a fractional home in a desirable Spanish market trades through standard real-estate channels. A timeshare typically does not. - **Time and flexibility**: 6 weeks of use per fraction at VIVLA versus 1 week of use per timeshare interval, with rotating high-season access so every owner gets prime dates. [See available VIVLA homes](https://www.vivla.com/listings) or [talk to our team](https://www.vivla.com/contact-us) to understand how the model fits the way you actually want to spend time in a second home. ### Investing in a second home in Spain 2026: financial analysis - URL: https://www.vivla.com/blog/investing-second-home-spain-2026-financial-analysis - Markdown: https://www.vivla.com/blog/investing-second-home-spain-2026-financial-analysis.md - Published: 11 de abril de 2026 - Categories: real estate - Reading time: 11 min > Honest analysis with real numbers: in 2026, what suits you better, buying a full second home or going through **co-ownership**? Clear figures, no bias. The Spanish second-home market in 2026 maintains solid demand despite peak prices. According to data from CaixaBank Research and INE, the vacation home sector grew approximately **5–7% in price during 2025**, with prime destinations (Balearics, Costa del Sol, Pyrenees) leading the rise. Prices in areas like Mallorca or Ibiza are between **€4,000 and €8,000/m²** in premium zones, with mid-tier complete villas starting at €800,000–1,200,000. Mortgage rates for second homes have stabilised at around **3–3.5%** for fixed-rate loans, with banks requiring a down payment of between **28% and 32%** of the purchase price. This means that to finance a €1,200,000 villa, you need between €336,000 and €384,000 down payment just to qualify for the loan. For many families, that barrier is real and growing. The context: prices are at peaks but demand isn't falling. Premium tourism to Spain remains robust, remote work continues to drive demand for functional second homes, and international buyers —especially British, Germans and Nordics— remain active. For 2026, analysts anticipate more moderate growth (**2–4%**) but sustained in premium destinations. #### The 4 options for owning a second home Before the financial analysis, we need to clearly define the real options available in 2026: ##### **1. Full purchase with mortgage** The classic option. You buy 100% of the property, normally with mortgage financing. Maximum use flexibility but more capital tied up and higher financial cost. ##### **2. Managed co-ownership (Vivla model)** You buy 1/8 of the property through an SL. Real ownership, proportional use (~6–8 weeks/year), delegated management, proportional appreciation. ##### **3. Long-stay vacation rental** You rent a vacation home for long periods (1–2 months). No capital investment, maximum flexibility, but no asset building and prices that go up every year. ##### **4. Vacation membership/club** Vacation club models that offer access to luxury properties for an annual fee. No ownership, no capital investment, premium experience but no asset. #### Financial analysis: Full purchase vs Co-ownership This is the analysis that really matters. Let's compare the two real-ownership models using the same property as base: a **premium villa in Mallorca valued at €1,200,000**. - **Asset price:** €1,200,000 (full purchase) vs €150,000 (1/8 co-ownership). - **Down payment required (30%):** €360,000 vs €150,000 (100% in co-ownership). - **Mortgage:** €840,000 vs €0. - **Monthly mortgage payment (3% / 25 years):** ~€3,982/month vs €0. - **Purchase costs (ITP + notary):** ~€120,000 vs ~€14,000. - **TOTAL initial outlay:** ~€480,000 vs ~€164,000. - **Total annual costs (estimated):** ~€24,000–35,000/year vs ~€1,000–1,750/year. - **Annual use:** unlimited vs ~6–8 weeks/year. - **Appreciation (+11% in 5 years):** +€132,000 vs +€16,500. - **Liquidity:** high (standard real estate market) vs high (<4 weeks Vivla average). ##### **The real cost per night of use** This is the most honest metric for comparison: how much does each night you actually use your vacation property really cost you? The average real use of a second home in Spain is **35 days per year** (Pacaso data for second-home owners). With that figure: - **Full purchase (€1.2M villa, 35 nights/year):** ~€430 per night just in financial and maintenance costs. - **Co-ownership 1/8 (€150K, 42 nights' use/year):** ~€190 per night in total amortised costs. - **Vacation rental of same villa in high season:** €600–900/night (no asset at the end). The analysis is clear: if you use the property **less than 12 weeks a year**, co-ownership has a significantly lower effective cost per night than full purchase. Above 12 weeks of real use, full purchase starts becoming more efficient. And vacation rental has the highest cost per night of the three models, with no return on capital. #### Real returns of a second home Second-home returns have two dimensions worth separating: ##### **Use return (lifestyle return)** The value of the experiences and vacations you enjoy in your property. Not directly monetisable, but real. A family that spends 6 weeks a year in their Mallorca villa gets experiential value that has no market price. ##### **Financial return** Asset appreciation plus eventual rental yield (if applicable). In Spanish prime destinations, average appreciation has been **5–10% annually** in the 2020–2025 cycle. Gross rental yield in tourist areas ranges between 3% and 6% of property value, with net yields of 2–4% after costs and unused seasons. In co-ownership without rental (own use only), the return is the appreciation of the share plus the "savings" on vacation rental you don't have to pay. If the equivalent vacation rental in your destination is €20,000 per year and your effective ownership cost is €8,000 per year, the adjusted "use return" is **8% on investment**. ##### **The hidden cost of not using your home** An aspect rarely analysed: the cost of having capital tied up in a property you barely use. If you invest €480,000 in a full villa and use it 35 days a year, you have 330 days a year when that capital generates neither financial return nor use return. The opportunity cost of that capital, at a conservative alternative return of 3%, is **€14,400 annually**. In co-ownership, you tie up €164,000 for the same 35–42 days of access. The opportunity cost drops to **€4,920 annually**. The difference —€9,480 annually— is the economic benefit of co-ownership's capital efficiency. #### Where to invest in second homes in 2026 The best destinations for co-ownership in Spain in 2026 according to market data and Vivla's portfolio: - **Balearics (Ibiza, Mallorca):** 2025 appreciation +8–10%. Average price €5,000–8,000/m². Very high international demand. Profile: investors and premium families. - **Costa del Sol (Marbella, Estepona):** 2025 appreciation +7–9%. Average price €3,500–6,000/m². High demand (British, Nordics). Profile: active retirees and remote workers. - **Baqueira / Pyrenees:** 2025 appreciation +6–8%. Average price €4,000–7,000/m². Medium-high demand. Profile: skiing families. - **Canary Islands:** 2025 appreciation +5–7%. Average price €2,500–4,500/m². High demand (Northern EU). Profile: year-round climate, families. - **North (Cantabria, Asturias):** 2025 appreciation +3–5%. Average price €1,500–3,000/m². Low-medium demand. Profile: domestic tourism, nature. Which is the best destination for your profile? Discover the available properties at [vivla.com/listings](https://www.vivla.com/listings) and speak with an advisor to analyse the options. #### Checklist before deciding Before deciding on your second home, these are the key questions you should answer: - How many weeks a year will you really use the property? (Honesty here is essential). - How much capital do you have available without compromising your usual liquidity? - Is your goal personal experience/use or also financial return? - Do you have the structure to manage the property or do you need to delegate everything? - What's your time horizon? (3 years, 10 years, generational?) - Are you clear on the tax treatment in your country of residence? - Which destination fits your lifestyle and your family's? - Is your family on board with the destination and the model? If after answering these questions your estimated use is less than 8–10 weeks per year, available capital is below €400,000 or operational management is a real obstacle, **co-ownership is probably the most efficient option** for you. #### Frequently asked questions **Q: Is a second home worth it in 2026 with current prices?** A: It depends on the time horizon and use. In Spanish prime destinations, demand fundamentals remain solid (tourism, remote work, international demand). Over 5–10 years, the combination of vacation use and appreciation can make the investment profitable. The key analysis is the effective cost per night compared with rental alternatives. **Q: How much does a second home in Spain appreciate?** A: In the 2020–2025 cycle, prime destinations have grown between 5% and 10% annually. Predictions for 2026–2030 are for more moderate growth, 2–5% annually, depending on the area. The Balearics and Costa del Sol remain the markets with the highest international demand and best outlook. **Q: Can I finance a co-ownership with a mortgage?** A: Vivla's managed co-ownership model doesn't require mortgage financing: the share is bought outright. However, if you have capital in another property, you can use a mortgage on another home to finance the down payment. Consult your bank for personal or mortgage financing options available to you. **Q: Is a second home better on the coast or in the mountains?** A: Depends on your usage profile. The coast has higher international demand and better historical appreciation. The mountains (Baqueira, Pyrenees, Formigal) have a double season (winter skiing + summer hiking/cycling) but lower price and lower international demand. For 6–8-week family use with kids, the mountains can offer a better price/experience ratio. **Q: What's the minimum capital needed for a Vivla co-ownership?** A: The minimum investment varies by property. Indicatively, shares in Vivla's portfolio range from approximately **€90,000 up to €485,000**, depending on the destination, type of property and size. Visit vivla.com to see available properties with current prices. ### Co-ownership tax guide Spain 2026 - URL: https://www.vivla.com/blog/co-ownership-tax-guide-spain-2026 - Markdown: https://www.vivla.com/blog/co-ownership-tax-guide-spain-2026.md - Published: 8 de abril de 2026 - Categories: copropiedad - Reading time: 12 min > All taxes when buying, holding and selling a co-ownership share in Spain, with a **real practical case** in Ibiza. Residents and non-residents. *Note: This guide is for informational purposes. Tax ranges are indicative and may vary by autonomous region, personal situation and tax year. ****Always consult a qualified tax advisor before making decisions.*** Managed co-ownership in Spain operates through a **Sociedad Limitada (SL)** that owns the property. Co-owners are shareholders of that SL with proportional shares to their investment. This structure has specific tax implications worth understanding before buying. From a tax perspective, the co-owner's position is that of a shareholder in an SL that owns a vacation property for own use. This means the applicable tax rules are those of holding company shares with an underlying real estate asset, not those of direct property ownership. In practice, the tax treatments are similar, but there are technical differences a good tax advisor can optimise. #### Taxes on the purchase When you acquire a co-ownership share (a stake in an SL), the applicable taxes are: ##### **ITP (Property Transfer Tax) — second-hand property** If the property already existed and is second-hand, the purchase is subject to ITP. The rate varies by Autonomous Community, generally between **6% and 10%** of the purchase value. In the Balearics, for example, the rate is 8% up to €400,000, 9% from €400,000 to €600,000, and 10% above. ITP applies to the value of your share, not the entire property. - **Balearics:** 8–10% (sliding scale) - **Madrid:** 6% - **Andalusia:** 7% - **Catalonia:** 10% - **Valencia region:** 10% - **Canary Islands:** 6.5% - **Cantabria / Asturias:** 8–9% ##### **VAT + AJD — new build** If the property is newly built and bought directly from the developer, **10% VAT** applies instead of ITP, plus Stamp Duty (AJD) of **1–1.5%** depending on the region. ##### **Notary and registry fees** Notary and registry fees for the deed of sale are shared between 8 co-owners. Indicatively, for a €150,000 share, notary fees range from €600–900 and the registry from €200–400. **Indicative example of total purchase costs** (1/8 of an Ibiza villa valued at €1,200,000, share ~€150,000): - ITP (8% in Balearics on €150,000): ~€12,000 - Notary: ~€1,000 - Land Registry: €200–400 - Tax/legal advisory: ~€1,000 - **TOTAL estimated purchase costs: ~€13,300–14,300 (approx. 9–10% of the price)** #### Annual taxes during ownership ##### **IBI (Real Estate Tax)** IBI is a municipal tax on property ownership. In co-ownership, each co-owner pays their proportional share of the total IBI. For a villa with a cadastral value of €1,200,000 and a 0.5% municipal rate, the annual IBI is ~€6,000, equivalent to **~€750 per year per co-owner with 1/8**. ##### **Income tax (IRPF): real estate income imputation** If the property generates no rental income (used solely as second home), the co-owner must impute in their IRPF a notional rent equivalent to **1.1% of the cadastral value** revised in the last 10 years (or 2% if not revised). This imputation is proportional to the share. For a 1/8 share and a property cadastral value of €400,000, annual imputation would be ~€550 (1.1% × €50,000 of proportional cadastral value), taxed at the IRPF general scale. ##### **Wealth Tax** If your wealth exceeds the thresholds in your CCAA of residence (generally between €700,000 and €1,000,000 in net assets), the co-ownership share counts as a wealth asset at its market or acquisition value (whichever is higher). Some CCAAs have a Large Fortunes Tax instead of the Wealth Tax. ##### **Form 720 (non-residents)** If you are a non-resident in Spain and hold shares in a Spanish SL exceeding €50,000, you should declare Form 720 of foreign assets in your country of residence (this applies if you are resident in another EU country or outside the EU). Consult your tax advisor in your country of origin. #### Taxes on the sale ##### **Municipal capital gains (plusvalía)** On sale, the municipality charges plusvalía (IIVTNU) on the increase in the cadastral land value during the holding period. Since October 2021 (Constitutional Court ruling 182/2021), the taxpayer can choose between the objective method (official coefficients) or the real method (actual gain). **If you sold at a loss, no plusvalía applies.** To calculate it accurately for your case, you need the cadastral land value and the years held. ##### **Capital gain in IRPF** The difference between the share's sale price and the purchase price (plus acquisition costs) is taxed as a capital gain in IRPF, at savings rates: - **19%** up to €6,000 - **21%** between €6,000 and €50,000 - **23%** between €50,000 and €200,000 - **26%** above €200,000 **Example:** you buy 1/8 for €150,000, sell for €166,500 (+11% appreciation). Gain = €16,500. Applicable rate: 21%. Approximate tax = €3,465. Net gain = ~€13,035. #### Recurring maintenance costs Beyond taxes, a co-ownership has annual operating costs shared proportionally among co-owners: - **Homeowners' association fees:** €2,000–10,000 total / €250–600 per co-owner. - **Home insurance:** €1,500–2,000 total / €188–375 per co-owner. - **Maintenance and repairs:** €2,000–6,000 total / €250–625 per co-owner. - **Wi-Fi:** ~€600 annual total. - **Cleaning:** €7,000–15,000 annual total. - **Local taxes and fees:** €3,000–6,000 total. - **Utilities (proportional to use):** €1,500–5,000 total / €125–250 per co-owner. - **Vivla management fee:** €6,000–10,000 total. **TOTAL estimated annual:** ~€6,500–14,000 total / **~€800–1,750 per co-owner**. #### Practical case: real cost of co-ownership in Ibiza Let's run a concrete analysis with indicative numbers (based on Vivla's Ibiza portfolio properties, 2025–2026 data): **The property:** villa in Ibiza, total value €1,200,000, share 1/8 = €150,000. - **Purchase price (share):** €150,000. - **Acquisition costs (ITP + notary):** ~€14,000. - **TOTAL initial investment:** ~€164,000. - **Annual costs (estimated 1/8):** ~€1,200/year. - **IBI (estimated 1/8):** ~€750/year. - **Projected appreciation (+11% over 5 years):** +€16,500 in share value. - **Estimated sale price (year 5):** ~€166,500. - **Net capital gain (approx.):** ~€10,000–13,000 net. The complete financial analysis —including effective cost per night compared to vacation rental in the same area— is available in [the 2026 second-home investment guide](https://www.vivla.com/blog/investing-second-home-spain-2026-financial-analysis). Want a personalised simulation for your case? The Vivla team can help you understand the real numbers of any property. No commitment at [vivla.com](https://www.vivla.com). #### Residents vs non-residents ##### **Spanish tax residents** If you are a Spanish tax resident, you pay tax on worldwide income through IRPF. Co-ownership shares are treated as part of your wealth, and gains on sale are integrated into your savings tax base. If the property is a second residence (not primary), no reinvestment exemption applies. ##### **Non-residents in Spain (EU and non-EU citizens)** Non-residents in Spain who hold property assets in Spanish territory pay **Non-Resident Income Tax (IRNR)**. If they earn no income (own use), they must file Form 210 annually declaring imputed rent (1.1% or 2% of cadastral value). The tax rate for EU/EEA residents is **19%**; for others, **24%**. On sale, the capital gain is taxed at 19% in IRNR for EU/EEA residents (with a 3% retention on the sale price applied by the buyer, on account of the final tax). For non-EU non-residents, the rate is 24%. Spain has **double taxation treaties** with most EU countries, the UK, USA, Canada and others, which can affect taxation in your country of residence. Consult your tax advisor for the specific situation in your country. #### Tax FAQs about co-ownership **Q: Do I pay full IBI or only my proportional share?** A: You pay only the share proportional to your participation. If you own 1/8 of the property, your IBI contribution is 1/8 of the total. The manager (Vivla) centralises payment and prorates among co-owners. **Q: How do I declare the IRPF income imputation from my co-ownership?** A: Real estate income imputation is declared in the IRPF general base, in the section corresponding to properties available to their owners. You must indicate the property's cadastral value and your share percentage. The amount to impute is 1.1% (or 2%) of the cadastral value proportional to your share. **Q: Does co-ownership affect Wealth Tax?** A: Yes. If your total net wealth exceeds the exempt minimum in your CCAA, the co-ownership share is declared in the Wealth Tax at acquisition or market value, whichever is higher. CCAAs have different exempt minimums and rates. **Q: Do I have to declare co-ownership in Form 720?** A: Form 720 is for declaring assets and rights located abroad. If you are a Spanish resident, co-ownership in Spain doesn't go in the 720. If you are a non-Spanish resident with assets in Spain, you should consult declaration obligations in your country of residence. **Q: How is the sale of my share taxed?** A: The sale generates a capital gain taxed in the IRPF savings base (for Spanish residents) at rates of 19%, 21%, 23% or 26% depending on the gain amount. The gain is calculated as sale price minus purchase price plus acquisition costs. It's like selling shares: you only pay tax on the gain. ### Tourist rental regulation 2026 in Spain for a second home - URL: https://www.vivla.com/blog/tourist-rental-regulation-2026-spain-second-home - Markdown: https://www.vivla.com/blog/tourist-rental-regulation-2026-spain-second-home.md - Published: 2 de abril de 2026 - Categories: copropiedad - Reading time: 9 min > **Organic Law 1/2025** changed the rules of tourist rental in Spain. Here's what changed, how it affects your second home, and why co-ownership is a real alternative. If you own a second home that you rent out to tourists — or were planning to — the rules of the game changed on 3 April 2025. Spain's **Organic Law 1/2025**, reforming the Horizontal Property Law, introduced a change to article 17.12 that has triggered widespread alarm among tourist apartment owners. Specifically, the new wording allows the **community of owners to limit or prohibit a property's use as tourist rental** by a vote of 3/5 of the owners and 3/5 of the participation quotas. Before this law, that 3/5 majority could only regulate (not prohibit) such use; now an outright prohibition is possible at that threshold. The law took effect on 3 April 2025 and has no retroactive effect on previously granted licences. What does this mean in practice? If your building's homeowners' association has at least 60% of owners and quotas against tourist rentals, they can legally eliminate them. In cities like Barcelona, Madrid, Málaga or the Balearic Islands, where neighbourhood pressure against tourism has grown, this is a real threat for many owners. **What does NOT change:** - Licences granted before the law took effect are protected. - The law has no retroactive effect. If you already had a licence, no one can take it from you through this mechanism. - Co-ownership of homes is NOT affected (see specific section below). - Seasonal rentals between private parties (LAU) are not affected either. #### The Single Rental Registry Another major change for rental property owners is the creation of the **Registro Único de Arrendamientos** (Single Rental Registry), mandatory since July 2025. This registry requires a unique identification number for every property listed on platforms like Airbnb, Booking or Vrbo. Platforms have a legal obligation to display this number in listings and to remove within 48 hours any listing that lacks it. Penalties for non-compliance reach up to **€600,000** for offending owners and platforms publishing listings without a valid registration. How do you get the number? The process varies by autonomous region, but in general it involves registering the property with the relevant regional body, providing property documentation and, in some regions, obtaining the tourist housing licence first. Processing times range from **2 to 8 weeks** depending on the region. #### Regional regulations across Spain One of the biggest problems with tourist rental regulation in Spain is its **fragmentation**. On top of national legislation, each Autonomous Community has its own rules, and in many cases municipalities add a further layer of local regulation. Executive summary of the regions most relevant to Vivla: - **Balearics:** Law 8/2012 + Law 6/2025. Moratorium on licences in saturated zones. The new 2025 law tightens requirements. High relevance for Mallorca, Ibiza, Menorca. - **Canary Islands:** Decree-Law 2/2017. Zoning by municipality. Many municipalities with closed quotas. High relevance as new Vivla destination 2026. - **Catalonia:** Decree-Law 3/2023. Barcelona and large municipalities with quotas and moratorium. Elsewhere: quotas. - **Valencia region:** Decree 10/2021. Mandatory RPTA registration. Municipalities with limitations. - **Madrid:** Decree 79/2014 + municipal ordinances. Madrid city: independent access mandatory. Active but with restrictions in city centre. - **Andalusia:** Decree 28/2016 + Decree 31/2024. Mandatory RUTA registration. Active with technical requirements. High relevance for Costa del Sol. In broad terms, the regulatory trend across Spain is towards **more restrictions, more technical requirements and more power for homeowners' associations** to limit tourist rentals. This trend will not reverse in the short term. #### How this regulation affects your second home If you own a second home, there are three possible scenarios: ##### **Scenario 1: You already hold a tourist rental licence** You are protected against the new LPH 1/2025. Your neighbours cannot revoke your licence by community vote if you already had it. However, you must obtain the number from the Single Rental Registry to keep listing on platforms. Average registration cost ranges between **€300 and €500** depending on the region and any annual fee. ##### **Scenario 2: You want to start renting in 2026** Your situation depends critically on your autonomous region and municipality. Before investing in tourist equipment or decoration, you should verify: whether there's a moratorium on new licences in your area, whether the homeowners' association could veto tourist rentals, and the real time and cost of obtaining a licence. In areas like the Balearics or Barcelona, getting a new tourist licence in 2026 is very difficult or practically impossible. ##### **Scenario 3: You're looking for alternatives to monetise your second home** This is where the alternatives in the next section come into play. If tourist rental isn't viable due to regulation, costs or complexity, there are more stable options with a better effort-to-return ratio. #### Legal alternatives to monetise your second home If tourist rental isn't the right option for you, these are the main alternatives: ##### **Seasonal rental (LAU, non-tourist)** Seasonal rental is regulated by the Urban Leases Act (LAU) and **does not require a tourist licence or community approval**. It's used for stays of more than 30 days for non-tourist purposes (work, studies, medical treatment). Income is more stable and regulatory costs lower, but prices are below those of nightly tourist rentals. ##### **Corporate rental** Letting the property to companies for use by employees on assignment. Requires a good location and proper equipment. No tourist licence needed. Companies tend to pay reliably and the tenant profile is generally more careful with the property. ##### **Property management agency** Delegating the entire operation to a specialised property management company that handles bookings, maintenance and cleaning. It eliminates the management workload but involves commissions of between **20% and 35%** of revenue. #### Co-ownership: no tourist licence needed This is the point that causes the most confusion and is the most important for understanding the real difference. **Co-ownership is NOT tourist rental.** It is a different form of property, and the rules are completely different. When someone buys a co-ownership share, they are buying real ownership of a property. When they use that property, they are using THEIR property. They are not renting. They are not offering tourist services. They are enjoying an asset they legally own. This has very concrete practical consequences: - No tourist housing licence (VUT) required. Regional and municipal VUT regulation does not apply. - No homeowners' association approval required. Organic Law 1/2025 only applies to rental; co-ownership is ownership. - No registration in the Single Rental Registry. - Not subject to community votes that could prohibit its use. - Not affected by moratoriums on new licences. This legal distinction is fundamental and is a **real competitive advantage of the co-ownership model** versus tourist rental in the 2026 regulatory environment. Is your second home affected by the new regulation? Get a free consultation with the Vivla team at [vivla.com](https://www.vivla.com) and discover whether co-ownership is an alternative for you. #### Frequently asked questions about 2026 tourist rental regulation **Q: Does the new law affect already-granted licences retroactively?** A: No. Organic Law 1/2025 expressly states it has no retroactive effect on tourist housing licences granted before it took effect (3 April 2025). If you already had a licence, keep all your documentation in order. **Q: What majority can my homeowners' association use to prohibit tourist rentals?** A: A favourable vote of 3/5 of owners AND 3/5 of participation quotas. Both majorities are required simultaneously. If the community doesn't reach that quorum, it cannot prohibit tourist rentals. **Q: How long do I have to obtain the Single Registry number?** A: If you already have active listings on platforms, you should have processed it before July 2025. If you haven't done so, do it urgently: platforms are removing listings without registration and penalties are high. **Q: What's the difference between seasonal rental and tourist rental?** A: Tourist rental is offered for tourist purposes, normally per night or short stays, through platforms or directly. Seasonal rental (LAU art. 3.2) is for longer stays with a non-tourist purpose. Seasonal rental does not require a tourist licence and is not affected by LPH restrictions. **Q: What if my community votes to prohibit tourist rentals but I have a licence?** A: Your existing licence is protected by the law's non-retroactivity. The community prohibition would only affect future licences or properties without an active licence at the time of the agreement. However, we recommend consulting a specialised lawyer for your specific case, as the law's practical application is still generating case law. ### What to Do in Baqueira with the Whole Family, Season by Season - URL: https://www.vivla.com/blog/what-to-do-in-baqueira-family-year-round - Markdown: https://www.vivla.com/blog/what-to-do-in-baqueira-family-year-round.md - Published: 8 de enero de 2026 - Categories: destinos - Reading time: 2 min > Baqueira is famous for skiing, but families come back to the Val d'Aran all year round. Here's what to do there in winter and in summer. Forests, snow-capped peaks in winter and valleys that change colour with the seasons: the Val d'Aran, in the Pyrenees of Lleida, with Baqueira Beret at its heart, is one of Spain's favourite places for families who want time together, the outdoors and plenty to do. Baqueira owes its reputation to the ski slopes, but it isn't only a winter resort. The valley is just as good in summer, which is why so many families end up coming back year after year. At [Vivla](/), we've put together this guide to a perfect day in Baqueira, with plans for every member of the family. The resort has more than **160 km of slopes for every level**. For families, that means: - Children's areas where they learn through play - Wide, safe blue runs - Lessons designed for young children - More technical routes for parents who want a challenge The facilities and services are excellent, and it's one of the most complete ski areas in the Pyrenees. The valley is quieter in winter, but the wildlife is still about. On an easy walk or a guided route you might spot fox tracks, prints left by roe deer or chamois, and birds such as the black woodpecker, or a bearded vulture circling overhead. You can also visit **Aran Park**, where wolves, lynx, bears and deer, among other species native to these mountains, live in semi-wild conditions. Winter is also a good time to explore the villages nearby, which look like Christmas cards at this time of year. Our picks: - **Arties**: one of the prettiest and liveliest villages in the valley. - **Salardú**: Romanesque churches and wonderful views. - **Garós**: quiet, elegant and good for short family walks. - **Vielha**: the place for shops, cafés and bakeries, plus indoor fun at the Palai de Gèu (swimming pool, ice rink and activities for children). - **Bagergue**: the highest village in the Val d'Aran, with cobbled streets that are well worth a wander. #### - **Unha**: just down the road from Bagergue, another small Aranese village you shouldn't miss. Stone, wood, open fires and warm lights: winter is when these villages look their best. After a morning on the snow, lunch is a big part of the day. The Val d'Aran is known for its mountain cooking, a mix of Catalan and Gascon recipes. Dishes to try include **olla aranesa (the local stew), wild boar stew, duck confit, trout with fine herbs and excellent**** chargrilled meat.** For dessert, order a crespèth, the Aranese version of the French crêpe. In summer the valley turns green and bright. It's the best time to walk the trails, find quiet corners, watch wildlife and spend whole days outdoors as a family. ##### **Family walks and trails** **Artiga de Lin** One of the loveliest and most accessible spots in the valley, with green meadows, waterfalls and clear water. It's easy to reach with children and a good place to spend a morning. **Saut deth Pish** An impressive waterfall at the end of an easy path, and one of the most photographed places in the Pyrenees. Children love watching the water and hunting for stones, flowers and small insects. **The lakes of the Val d'Aran** Some take more effort, but there are family-friendly options such as Lake Montoliu and the Bacivèr lakes (the route from Beret is longer, but worth it). Summer is ideal for spotting wildlife: **marmots** peeking out from the rocks, chamois higher up, birds such as the red kite or the **golden eagle**, fish in the clear rivers, and butterflies that keep younger children busy. Pack a pair of binoculars and the walk turns into a nature lesson too. The valley also has plenty of safe activities for families. You can choose **e-bike** routes, **horse** rides through meadows and along tracks, **gentle rafting** that children can join, and **zip lines and adventure parks** around the valley. These tend to be the days children remember most. ##### **Have a picnic** Sometimes the best way to enjoy Baqueira in summer is to slow down. Pack a picnic, spread a blanket by the river or in a meadow and let the day run its course. ##### **Summer food in Baqueira** In summer the restaurants open their terraces, many of them with mountain views, and the menus get lighter: salads made with local produce, boards of Val d'Aran cheeses and even a few Asian dishes. Above all, **Baqueira is at its best when you're there as a family**: playing in the snow, summer walks, long lunches, starry nights and the feeling of being properly switched off. In our experience, people who visit Baqueira always want to come back. With **Vivla and our co-ownership model**, you can make that a yearly habit by becoming co-owner of a [**home in Baqueira**](/listings?destination=Baqueira) and returning for the weeks you choose. It's simple: the home is bought by **eight owners**, who book the days they want to spend there with their families. Stays rotate on a shared **calendar**, so every co-owner gets fair use of the home. You pay a fraction of what a whole property would cost, and you don't have to manage it: we look after maintenance so the home is always in perfect condition. You open the door, settle in and enjoy your holiday. With Vivla's co-ownership model, there's no need to pay for an entire holiday home that you'd only use for a few weeks a year. A home in Baqueira may be closer than you think. [**How does Vivla work?**](/how-it-works) ### What Is Home Co-Ownership? A Smarter Way to Buy a Holiday Home - URL: https://www.vivla.com/blog/what-is-home-co-ownership - Markdown: https://www.vivla.com/blog/what-is-home-co-ownership.md - Published: 8 de enero de 2026 - Categories: copropiedad - Reading time: 2 min > Co-ownership is the simplest, most affordable way to own a holiday home. Here's how it works and how it differs from a timeshare. Co-ownership has become much more common in Spain in recent years, but plenty of people still aren't sure how it works. It's an increasingly popular choice for people who want their own holiday home without paying for, or looking after, an entire property on their own. If you're wondering what co-owning a home involves, and how it could get you a place in your favourite holiday spot, we at [Vivla](/) explain it all below. In practice, [home co-ownership](/how-it-works) is simpler than it sounds. Say you'd love a holiday home in Formentera, Menorca or Baqueira, but buying one outright is beyond your budget. With co-ownership you buy a share of the property and get full use of it for your weeks, without paying for the whole house. - **You buy a share of the property**: instead of buying the whole home, you buy part of it. A 1/8 share, for example, gives you six weeks a year in the house. - **Shared calendar and booking system**: the home is shared between several co-owners, and each one books and uses it during their own weeks. Bookings are flexible and organised so that every co-owner gets fair access to the best dates. - **Shared maintenance and management**: one of the biggest advantages is that you don't have to look after the house yourself. Maintenance, repairs and cleaning are split between the co-owners, so there are no logistics or nasty surprises to deal with while you're away. - **Legal ownership and the right to sell**: unlike other shared models such as timeshares, where you don't own anything, co-ownership makes you the legal owner of part of the home. You have the right to use it and, if you ever decide to sell your share, you can. Co-ownership is often confused with timeshare, because both involve sharing a property. In fact they work very differently. ##### 1. Real ownership vs. a right of use With co-ownership, each co-owner owns part of the property. Your share is a real asset, so you can sell it, transfer it or leave it to your heirs. With a timeshare, you buy the right to use a property for certain weeks each year, but you don't own the property itself. That right usually can't be transferred, sold or inherited, so it's far more limited and can't gain value. ##### 2. Flexibility and control As a co-owner you have a say over the property and can take part in decisions about it, such as repairs or improvements, if you want to. With a timeshare, control usually stays with the company that runs the scheme. Owners only get their allocated time and can't make changes or freely swap their weeks. ##### 3. Shared costs and responsibilities With co-ownership, running costs (maintenance, cleaning, taxes and repairs) are split between the co-owners according to the size of their share. That makes them far more manageable than paying for everything yourself. With a timeshare you also share some maintenance and management costs, but purchase costs and annual fees aren't always clearly defined, and they can go up over time with little room for owners to negotiate. If co-ownership sounds like the right way for you to buy a second home, Vivla can help. Vivla specialises in luxury homes in some of Spain's most sought-after destinations, all sold through co-ownership. If you've always wanted a home in Formentera, Menorca, Ibiza, Baqueira or on the Costa del Sol, somewhere to make memories with your family year after year, Vivla gives you a way to make it happen. ##### Why co-own with Vivla? - Real ownership: you own a share of a luxury home, with your name on the title deed. - Full management: we handle maintenance, cleaning and administration, so all you have to do is enjoy it. - Flexibility: you get access to your home at the best times of year, through a simple booking system. - Sought-after locations: homes in places like Formentera, Menorca, Ibiza and Baqueira. - Long-term value: your share is a property asset, so its value moves with the home's, and you can sell it whenever you decide to. Have a look at [our co-owned luxury homes](/listings) and find the one for you. ### Is Buying a Second Home Worth It? Here's Why the Answer Is Yes - URL: https://www.vivla.com/blog/is-buying-a-second-home-worth-it - Markdown: https://www.vivla.com/blog/is-buying-a-second-home-worth-it.md - Published: 8 de enero de 2026 - Categories: copropiedad - Reading time: 2 min > Four common doubts about buying a holiday home, answered plainly, and what changes when you only buy the part you'll actually use. A house by the sea or in the mountains is hard to argue with. You arrive without half your life packed into the boot, the children know which drawer the buckets and spades live in, and your first coffee is on the terrace instead of in the queue at the nearest supermarket. Hardly anyone doubts that it's appealing. The question is whether it pays off. Before deciding, most families run into one of four objections. None of them is silly, so at [Vivla](/) we'd rather answer them one by one, separating what happens when you buy a whole house from what changes with co-ownership. #### “All that money for a house I'll use a few weeks a year?” With a whole house you pay 100% of the price, whether you use it or not. Say you go for six weeks a year, which is already a lot. For the other forty-six the house sits empty, and the money you tie up, or the mortgage you sign, pays for a home for twelve months that you enjoy for six weeks. With Vivla you buy a 1/8 share of the house. That share gives you 42 days a year: in beach homes, six weeks spread across high, mid and low season; in mountain homes, stays spread through the year, including the ski season. You pay for the part you use. That split has a consequence worth knowing from the start. You won't get the whole of August. You'll get summer weeks, and others in spring or autumn, when the beach is quieter. If you want to go through the numbers properly, they're in [this analysis of whether a second home in Spain makes sense](/blog/should-you-buy-second-home-spain). And before committing, you can try the house, either with a visit or a stay. #### “What about the constant maintenance costs?” This is where owning a whole house is unforgiving. The roof and the pool are yours, and so is the boiler that breaks down in February while you're hundreds of kilometres away. Someone has to open the house before you arrive and leave it clean. If that someone is you, the first day of your holiday is spent with a mop. With co-ownership, the running costs of the house are shared between the co-owners. They depend on each property, but they usually come to between 3% and 5% a year of the value of your share. To give you an idea: with a €100,000 share, that's about €300 a month. You don't have to organise any of it either. Vivla coordinates cleaning and maintenance, so the house is ready when you arrive. There's storage for your things between visits; in Baqueira, for example, your skis stay there instead of travelling in the car. And if one year you won't use one of your stays, you can rent it out through Vivla. Whatever it earns goes towards your fees. #### “More taxes, more insurance, more paperwork?” Let's be clear about this. A second home pays taxes like any other property, and co-ownership doesn't make them disappear. What changes is that they're shared between the co-owners, like the rest of the running costs. How much falls to you depends on your personal situation, so it makes sense to check with a tax adviser before you sign. The paperwork is more straightforward. You receive a title deed of full ownership signed before a notary, and before you sign, the legal team goes through the contract with you. The home is reserved with a deposit, which is refunded if the purchase doesn't go ahead. #### “Won't I get bored of going to the same place?” This is the most honest of the four doubts, and with a whole house there's no easy answer. Children grow up and plans change. The house you were so excited about becomes an obligation: if you don't go, it feels wasted, and selling it to try somewhere else is a major undertaking. With Vivla you can swap your weeks for weeks in other homes in other destinations, such as Formentera, Menorca, Ibiza, Baqueira or the Costa del Sol. There is one rule. Swaps work within the same season, during a 30-day window after the booking rounds, so a mid-season week is exchanged for another mid-season week somewhere else, and an October week doesn't turn into an August one. Bookings are made 12 months ahead, with a rota that's fair to every owner. And what if it's the house itself you tire of? During the first 12 months you can exchange your share for another available Vivla share. After that you can sell your share: you set the price and decide whether to sell it yourself or let Vivla handle it. #### When it isn't worth it Co-ownership doesn't suit everyone, and it's better to know that beforehand. If you like deciding on a Friday that you're off to the house for the weekend, booking a year ahead will feel rigid. If you plan to spend much of the year there, or move there when you retire, 42 days won't be enough and buying outright makes more sense. It's not for you either if you want to redo the kitchen or paint the walls without asking anyone, because the house belongs to several families. And if you only get away for a couple of weekends a year, renting will probably work out cheaper. For anyone who wants their own house for a few weeks a year without carrying it for the rest, the maths changes considerably. You can see [how co-ownership works step by step](/how-it-works) or go straight to [the homes available](/listings). ### What is co-ownership: the ideal model for a vacation home - URL: https://www.vivla.com/blog/what-is-co-ownership-ideal-model-for-vacation-home - Markdown: https://www.vivla.com/blog/what-is-co-ownership-ideal-model-for-vacation-home.md - Published: 8 de enero de 2026 - Categories: copropiedad - Reading time: 6 min > Co-ownership is **the simplest way to own a holiday home in Spain** without taking on the full cost of traditional ownership. Here's how it works in detail. Co-ownership has gained real traction in Spain over recent years, but many people still aren't sure exactly how it works or how it compares to the alternatives. In practice, **co-ownership is one of the simplest and most accessible ways to own a holiday home** without taking on the full cost and operational burden of a traditional purchase. If you've been wondering what co-ownership actually is, and how it can make a second home in your favourite destination a realistic possibility, here's a complete breakdown. #### What is co-ownership of a home? Co-ownership is a model in which **several people share the legal ownership of a home**, splitting both the upfront purchase price and the ongoing costs: maintenance, cleaning, insurance, and repairs. In exchange for that share of ownership, each co-owner has the right to use the home for a defined number of weeks per year, proportional to the fraction they've acquired. This is why co-ownership is the ideal formula for anyone who wants a second home in a dream location — beach, mountain, or coastal city — without absorbing the full cost of a conventional purchase. In other words: **you genuinely own a piece of the property and enjoy it, without the weight and expense of full ownership**. #### How does home co-ownership work? The mechanics of co-ownership are simpler than they first appear. Imagine you want a holiday home in places like Menorca, Ibiza, or Baqueira, but buying outright isn't feasible. With co-ownership, you access a real share of that property, with all the benefits of ownership, without paying for the whole house. Four essential components: ##### **1. You buy a share of the property** Instead of buying the entire home, you acquire a **proportion** of it. For example, you can buy 1/8 of the property, which gives you the right to use the home for several weeks per year. ##### **2. Booking system and shared calendar** Although the property is shared, each co-owner has the right to book and enjoy the home during their allotted weeks. The booking system is flexible and designed so all co-owners have **fair access to prime dates**. ##### **3. Shared maintenance and management** One of the biggest advantages of co-ownership is that you don't have to handle maintenance yourself. Repair, cleaning, and upkeep costs are **split proportionally among co-owners**, which means you don't have to worry about logistics or surprises when you're not in the home. ##### **4. Real legal ownership and resale rights** Unlike other shared-property models such as timeshare — where you don't actually own the property — in co-ownership you are a **legal owner** of a share of the home. That means usage rights, and the ability to **sell your share whenever you choose**. #### How do you buy a co-ownership share? The process is straightforward, and it follows five clear steps: ##### **1. Select the property** The first step is to choose the home you want to co-own. With VIVLA, you can browse properties in Spain's best holiday destinations. Once you've chosen the home, you decide the **share size** (for example, 1/8), which determines how many weeks per year you'll be able to use it. ##### **2. Sign the co-ownership agreement** After selecting the property and share size, the next step is to sign the co-ownership agreement. This contract details every aspect of the arrangement: number of usable weeks per year, the booking system, and how shared costs (maintenance, cleaning, repairs, insurance) are managed. ##### **3. Make the payment** Once the contract is signed, you make the payment for your share. Unlike a traditional purchase, **you're not paying the full value of the home — only the fraction you've acquired**. ##### **4. Become a co-owner** After payment and signing, you officially become a co-owner of the home. That means you have the right to enjoy the property during your allotted weeks, and you share responsibility for its maintenance and operating costs. ##### **5. Enjoy your holiday home** Co-ownership platforms like VIVLA handle all the operational management, so all you have to worry about is **making the most of your time with the people who matter to you**. #### Is co-ownership the same as timeshare? The terms are easy to confuse, since both involve sharing a property — but they are **fundamentally different models**. ##### **1. Real ownership vs. usage rights** In **co-ownership**, each co-owner owns a real, tangible share of the property. You're the owner of a real part of the home and, as such, you can **sell, transfer, or inherit** your share when you wish. In **timeshare** (also called multipropiedad in Spain), what you buy is a **temporary usage right** for certain weeks of the year — but you don't own the property itself. That usage right typically can't be transferred, sold, or inherited, making it a more limited option without any real potential for appreciation. ##### **2. Flexibility and control over the property** Co-ownership gives you more flexibility and control: as a real owner, you can participate in important decisions about the home — repairs, upgrades — if you choose to. In timeshare, control and decision-making generally stays in the hands of the managing company. Owners only have access to their allotted time and can't freely modify or exchange their weeks. ##### **3. Shared costs and responsibilities** In co-ownership, all costs associated with the property — maintenance, cleaning, taxes, repairs — are **split among co-owners according to their share**. That makes costs much more accessible than if you had to absorb them entirely yourself. In timeshare, you also share some maintenance and operating costs, but the purchase price and annual fees aren't always clearly defined, and they can **rise over time** without much negotiating power on the owner's side. For a deeper comparison, see [Fractional Ownership vs Timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know). #### Discover the best co-owned homes with VIVLA Now that you understand what co-ownership is — and why it's arguably the most accessible route to owning a second home — one thing remains: doing it with VIVLA. At VIVLA we specialise in **luxury homes in Spain's most exclusive destinations** through the co-ownership model. If you've always dreamed of owning a home in Menorca, Ibiza, Baqueira, or the Costa del Sol — the kind of place where you build memories year after year — VIVLA gives you the chance to make it real. **Why choose VIVLA's co-ownership?** - **Real property ownership:** you own a share of a luxury home in an exclusive destination. - **Full management:** we handle maintenance, cleaning, and administration, so you only focus on enjoying it. - **Flexibility:** you access the property during peak holiday windows through an optimised booking system. - **Access to premium destinations:** the unique experience of owning a luxury home in Spain's most sought-after locations. - **Investment appreciation:** the property appreciates over time, so when you decide to sell your share, you do so at market value. Have a look at the [current VIVLA homes](https://www.vivla.com/listings) and see which destinations and properties are available today. ### Why Co-Ownership Is the Future of Second-Home Real Estate - URL: https://www.vivla.com/blog/why-co-ownership-is-the-future-of-second-home-real-estate - Markdown: https://www.vivla.com/blog/why-co-ownership-is-the-future-of-second-home-real-estate.md - Published: 3 de noviembre de 2025 - Categories: co-ownership - Reading time: 2 min > The old dream is starting to look… outdated Co-ownership of a home is the legal arrangement in which two or more people hold registered title to the same property, sharing rights, costs, and use in proportion to each owner's share. In Spain it's governed by Articles 392 to 406 of the *Código Civil* (Royal Decree of 24 July 1889, BOE-A-1889-4763), recorded at the *Registro de la Propiedad*, and it creates a real estate asset that owners can sell, mortgage, lease, or pass on to their heirs under standard succession law. That last part matters. Co-ownership is **property**, not a usage right dressed up to look like one. And once you grasp that distinction, the rest of the second-home market reads very differently. This guide explains what the Spanish Civil Code actually says about co-ownership, how the model works in practice, where it diverges sharply from timeshare contracts under Spain's Law 4/2012, and why managed co-ownership has become the option of choice for owners who do the math on capital efficiency before buying a holiday home. #### What does “co-ownership of a home” mean under Spanish law? The Spanish Civil Code defines it in one sentence. § Article 392 — Spanish Civil Code “Hay comunidad cuando la propiedad de una cosa o de un derecho pertenece pro indiviso a varias personas. A falta de contratos, o de disposiciones especiales, se regirá la comunidad por las prescripciones de este título.” In plain English: community of ownership exists when title to an asset or a right belongs *pro indiviso* — undivided — to several people. In the absence of specific contracts, the rules of this title apply. The key term is *pro indiviso*. You don't own “the kitchen and the bedroom on the right.” You own a percentage of the whole. If you hold 12.5% of a villa, you hold 12.5% of every square metre, every sunrise from the terrace, and every euro the asset produces. It's real estate. Public deed signed before a notary. Inscription at the *Registro de la Propiedad*. Your name on record. The full regime is laid out in Articles 392 through 406, and it has governed shared real property in Spain since the Code was published in the *Gaceta de Madrid* on 25 July 1889. ##### Why “co-ownership” and “*pro indiviso*” mean the same thing These are not two models. They are two names for the same legal figure. *Pro indiviso* is the Latin term still used in deeds and registry notes; “copropiedad” is the everyday Spanish. When three siblings inherit a beach apartment from their parents, what they technically hold is a *comunidad pro indiviso* under Article 392. Same legal animal. Different vocabulary depending on the room. #### How does co-ownership of a property actually work? Each co-owner holds a defined share — a quota — over the whole property. Under Article 393 of the Civil Code, profits and burdens are distributed in proportion to those quotas. If your share is 12.5%, you pay 12.5% of the property tax, the insurance, and the maintenance. You also have a right to 12.5% of any rental income or capital gain on sale. Article 394 governs use: each co-owner may use the common asset *“siempre que disponga de ellas conforme a su destino y de manera que no perjudique el interés de la comunidad, no impida a los copartícipes utilizarlas según su derecho”*. Translated: you can use the property as long as you use it for what it's for, you don't damage the community's interest, and you don't stop the other owners from exercising their rights. That single sentence is the legal backbone of every booking calendar in every managed co-ownership scheme operating in Spain today. The legal backbone — Civil Code articles 392–400 Article 395. Every co-owner must contribute to the conservation expenses of the common asset. Article 397. No co-owner may make alterations without the consent of the others, even if those alterations would benefit everyone. Article 398. Majority decisions are binding for administration matters — measured by interest held, not by headcount. Article 399. Any co-owner may sell, transfer, or mortgage their share. Article 1522 grants the other co-owners a right of first refusal (retracto de comuneros). Article 400. No one is obliged to remain in the community forever. Any co-owner can request division of the asset, although a pact to keep it undivided for up to ten years is valid and renewable. That last article is the safety valve. It's why co-ownership is a flexible asset, not a trap. #### Co-ownership vs. timeshare: not similar, not adjacent, not the same This is the most expensive misunderstanding in the second-home market. And it's a deliberate one, fed by decades of marketing language designed to blur the line. **Co-ownership** is a real property title. Your name appears in the Land Registry. The asset can appreciate, be sold at market value, mortgaged, leased, and inherited. It exists indefinitely. It's governed by Articles 392 to 406 of the Civil Code. **Timeshare** — known in Spanish law as *aprovechamiento por turno de bienes de uso turístico* — is a contractual right to use a property for a defined period each year, for a defined number of years. You don't own the property. You own a usage right. The regime is governed by Law 4/2012 of 6 July 2012, which transposes EU Directive 2008/122/EC and replaced the earlier Law 42/1998. ⚠ What the Spanish legislator said about “multipropiedad” The 1998 law went out of its way to reject the term “multipropiedad” — multi-ownership — as inadequate, precisely because timeshare doesn't transfer ownership. The legislator's exact reasoning, recorded in the preamble of the 1998 act and carried forward into Law 4/2012: “Con el término impropio de 'multipropiedad' se vienen denominando todas aquellas fórmulas por las que se transmite el derecho a disfrutar de un alojamiento durante un período determinado cada año.” Improper term. Their words, not ours. A few practical consequences of that legal difference: Dimension | Co-ownership (CC arts. 392–406) | Timeshare (Ley 4/2012) | What you acquire | Title to a share of real property | Contractual right of use | Registered at Land Registry | Yes, with public deed | The regime is registered; your individual right is contractual | Maximum duration | Indefinite | Between 1 and 50 years (art. 4 Ley 4/2012) | Resale market | Open market, at market value | Severely depressed; secondary market historically transacts at 0–10% of original price | Inheritance | Standard succession of real estate | Subject to contract terms | Capital appreciation | Yes, tracks property market | No — you own a depreciating contract | Cooling-off period | None (notarial sale) | 14 calendar days (art. 12 Ley 4/2012) | Timeshare operators built their marketing on the word “property” for thirty years. The law has been calling them out since 1998. The two models were never the same. #### What does the second-home market look like in Spain? The numbers matter because they explain why managed co-ownership emerged as a category. INE ECEPOV 2021 — Second residences in Spain According to the Encuesta de Características Esenciales de la Población y Viviendas (ECEPOV 2021), published by the Instituto Nacional de Estadística on 22 February 2023: 15.5% of Spanish households held a second residence in 2021. Among households with monthly net income of €5,000 or more, the figure doubles to 31.2%. Below 10% in households with income under €1,000/month. By region, the share of households owning a second home varies sharply: **22.1% in Madrid, 21.8% in Aragón, 19.3% in the Basque Country, 18.5% in La Rioja**. Coastal regions where one might expect higher concentrations — Balearic Islands (10.7%), Canary Islands (9.2%) — sit below the national average, because these are destinations, not origin markets. The pattern reveals something obvious to anyone who has tried to buy a holiday villa in Mallorca or Ibiza: most of the demand for prime coastal property comes from somewhere else, primarily Madrid and a handful of capital cities. That demand is concentrated, capital-intensive, and chronically under-supplied at the high end. That structural mismatch is what managed co-ownership solves. #### How does managed co-ownership work in practice? Managed co-ownership applies the legal framework of Articles 392 to 406 to a problem that classical co-ownership doesn't solve well: coordination cost. Three siblings can split an inherited apartment. Eight strangers buying a €2 million villa together cannot, not without a structure. The model used by platforms such as Vivla works in five steps: 1. The platform sources, vets, and acquires a prime property — typically in Mallorca, Ibiza, Formentera, Menorca, Baqueira, Marbella, or the Costa Brava. 2. The asset is structured as a community of property under Article 392, divided into a fixed number of shares — usually eight. 3. Each buyer signs a public deed before a notary acquiring one or more shares. The deed is inscribed at the *Registro de la Propiedad*. 4. Each owner receives a fixed number of usage weeks per year — roughly 6 to 7 weeks for a one-eighth share — managed through a booking system that respects Article 394 of the Civil Code (equitable access for all co-owners). 5. The platform handles all operational layers: maintenance, cleaning, calendar, check-in, insurance, utilities, and minor refurbishments. Fees are pro rata to ownership share. The owner gets the legal status of a full property owner under Spanish law, the actual usage they would realistically have made of a wholly-owned second home, and zero operational overhead — the kind of overhead that turns most second residences into a part-time job. ##### Eight owners. Why eight? The Civil Code sets no upper limit. Article 392 simply says “varias personas.” In practice, eight is the number that aligns three things: enough fractionalisation to bring the entry ticket below the level of a wholly-owned villa, enough usage weeks per owner (six to seven, after factoring in maintenance windows) to feel like a real second home, and a small enough group that Article 398 majority voting remains tractable. Smaller fractions (1/12, 1/16) compress the usage. Larger ones (1/4, 1/6) push the entry price back up. Eight is the equilibrium most operators landed on by trial and error over the past decade. #### Is co-ownership the right model for you? If you plan to live in the property year-round, buy outright. The math doesn't favour fractional ownership for primary residences. If your honest usage is **4 to 10 weeks per year** — which is what most second-home owners actually use, however much they tell themselves otherwise — the relevant question is different: does it make financial sense to lock up 100% of the capital for 8% to 15% utilisation? 💡 The opportunity cost math A €1.2 million villa held wholly produces, in opportunity cost terms, roughly €60,000 per year of capital that could be earning elsewhere — and that's before counting the €15,000–€25,000 annual operating cost of an empty luxury property. A one-eighth share in the same villa costs €150,000, gives you six to seven weeks of guaranteed use, and the residual capital stays productive. The answer depends on your goals, your liquidity, and your usage pattern. But the question is worth asking before, not after, the deed is signed. ⬤ Browse the catalogue See the homes available in co-ownership today. The math above is theoretical until you put a real home and a real share price next to it. Vivla's catalogue lets you do that in two minutes — with full transparency on price per share, location, weeks of guaranteed use, and the legal structure behind each property. Properties in Mallorca, Ibiza, Formentera, Menorca, Baqueira, Marbella and Costa Brava Each home divided into 8 shares of 1/8 each — roughly 6 to 7 weeks per year Public deed before notary, registered at the Land Registry Explore homes available Browse without registering — prices, photos and availability on every property. #### Co-ownership vs. inheritance disputes: a word on real-world risk Most co-ownership horror stories in Spain don't come from managed structures. They come from inherited *pro indiviso* situations where three or four heirs end up sharing a property none of them want to manage, no formal agreement governs use, and Article 400 ends up invoked in a Spanish court to force a *división de la cosa común*. The legal framework is solid. The failure mode is governance. Managed co-ownership inverts the risk: the legal structure is the same, but the operating agreement, the booking system, the maintenance protocols, and the exit mechanism are all designed before anyone signs. That's the actual product. The deed is the easy part. #### Frequently asked questions What is co-ownership of a home? It's the legal arrangement in which two or more people hold registered title to the same real estate, sharing rights and obligations in proportion to their quota. In Spain it's regulated by Articles 392 to 406 of the Civil Code. Each co-owner has rights over the entire asset proportional to their share, not over a physically delimited part of it. What does “pro indiviso” mean? It's the Latin term used in Spanish property law to describe co-ownership in which the asset has not been physically divided. Each owner holds an abstract percentage of the whole, not a specific section. It's the technical legal term; “copropiedad” is the everyday equivalent. What is the difference between co-ownership and timeshare? Co-ownership transfers a registered property title under Articles 392–406 of the Civil Code. Timeshare transfers a contractual usage right under Law 4/2012. Co-ownership gives you an asset that can appreciate and be sold at market value. Timeshare gives you a contract that historically resells at 0–10% of the original purchase price. The 1998 Spanish legislator explicitly rejected calling timeshare “multipropiedad” because the term was misleading. How many co-owners can a single property have? The Civil Code sets no maximum. In managed co-ownership models, eight is the standard number, which translates to roughly six to seven weeks of guaranteed use per owner per year and keeps majority decision-making (Article 398) workable. Can a co-owner sell their share? Yes. Article 399 of the Civil Code expressly allows it. The other co-owners hold a right of first refusal (retracto de comuneros) under Article 1522, which gives them the option to match the sale price before the share passes to a third party. In managed models, the platform usually facilitates the resale process through its own marketplace. What is the difference between co-ownership and joint property? They're the same concept under two names. Pro indiviso (joint property) is the technical legal term; copropiedad (co-ownership) is the everyday and commercial label. When someone inherits a house with siblings, what they hold is a pro indiviso — a co-ownership. Can a co-owner force the sale of the property? Yes, under Article 400 of the Civil Code, no co-owner is obliged to remain in the community indefinitely. Any co-owner can request the division of the common asset. However, a pact to keep the property undivided for up to ten years is legally valid (and renewable), which is what managed co-ownership contracts typically include to provide stability. Is co-ownership taxed differently than full ownership? No. Each co-owner is taxed on their proportional share. IBI (property tax), wealth tax (where applicable), and capital gains tax all apply to the percentage held. The transfer of a share is taxed as the transfer of real estate (ITP or VAT depending on the case), not as the transfer of a contractual right. ✦ Key takeaways Co-ownership in Spain is regulated by Articles 392 to 406 of the Civil Code and creates a real property title, not a usage right. The legal term is pro indiviso: each owner holds a percentage of the whole asset, not a physically defined part. Timeshare (Law 4/2012) is a fundamentally different legal figure. The 1998 legislator explicitly rejected calling it “multipropiedad” because the term implied ownership where none exists. 15.5% of Spanish households held a second residence in 2021 according to INE; 31.2% among households with income above €5,000/month. Managed co-ownership applies the Article 392 framework with professional operational structure, typically dividing properties into eight shares. The relevant question for second-home buyers isn't “can I afford a villa?” — it's “does locking 100% of the capital for 8–15% utilisation make sense for my goals?” #### Official sources - **Código Civil español, artículos 392 a 406.** Comunidad de bienes. Boletín Oficial del Estado. Consolidated text: boe.es/buscar/act.php?id=BOE-A-1889-4763 - **Ley 4/2012, de 6 de julio**, de contratos de aprovechamiento por turno de bienes de uso turístico. BOE núm. 162, 7 de julio de 2012: boe.es/buscar/act.php?id=BOE-A-2012-9111 - **Ley 42/1998, de 15 de diciembre**, sobre derechos de aprovechamiento por turno (derogada por Ley 4/2012): boe.es/buscar/act.php?id=BOE-A-1998-28992 - **Directiva 2008/122/CE** del Parlamento Europeo y del Consejo, de 14 de enero de 2009, relativa a la protección de los consumidores en contratos de aprovechamiento por turno. - **INE — Encuesta de Características Esenciales de la Población y Viviendas (ECEPOV) 2021.** Datos definitivos publicados el 22 de febrero de 2023: ine.es/prensa/ecepov\_2021\_feb.pdf - **INE — Censo de Población y Viviendas 2021:** ine.es - **Resolución de 4 de septiembre de 2025**, Dirección General de Seguridad Jurídica y Fe Pública. BOE-A-2025-24794: boe.es/diario\_boe/txt.php?id=BOE-A-2025-24794 ### El Corazón del Diseño: VIVLA Studio - URL: https://www.vivla.com/blog/the-heart-of-design-vivla-studio - Markdown: https://www.vivla.com/blog/the-heart-of-design-vivla-studio.md - Published: 12 de mayo de 2025 - Categories: properties - Reading time: 60 seconds > En **VIVLA**, entendemos que el diseño va mucho más allá de lo visual. En **VIVLA Studio**, cada espacio es una extensión del lugar que lo rodea y una oportunidad para crear experiencias únicas. **Diseñamos hogares que se viven, se sienten y evolucionan**, guiados siempre por nuestros principios fundamentales: hogares **honestos, responsables, sostenibles, únicos, exclusivos, personalizadios y con historia**. En **VIVLA Studio**, trabajamos con materiales reales y procesos transparentes. **No hay lugar para lo superficial.** Elegimos materiales naturales que se sienten auténticos y que, con el paso del tiempo, evolucionan con el hogar. Nuestra filosofía es crear espacios que no solo se vean bien, sino que también se vivan de manera genuina. El diseño de nuestras casas no solo se trata de lo que es visualmente atractivo, sino de lo que **perdura**. Elegimos materiales sostenibles que no solo respetan el medio ambiente, sino que también envejecen con gracia, añadiendo carácter y valor a lo largo del tiempo. El diseño de **VIVLA Studio** es **atemporal y adaptativo**, creado para resistir la prueba del tiempo. Diseñamos con intención, sin ostentación. La exclusividad se mide por lo que emociona, no por lo que impresiona. El diseño nace en los detalles: piezas únicas y objetos con carácter que generan conexión. Todo se integra con naturalidad, haciendo de cada Casa VIVLA respire, se adapte y se sienta como parte de un todo. Diseñamos con criterio para que lo cotidiano se convierta en extraordinario. No hay nada estándar, porque no hay dos maneras iguales de vivir. Cada momento del día se piensa, se adapta y se traduce en espacios versátiles que acompañan. Materiales, colores y texturas dan alma a la casa y hablan el lenguaje del lugar. Una Casa VIVLA no se impone: se integra y eleva la experiencia. Diseñamos para evocar emoción y despertar la memoria. Cada Casa VIVLA cuenta una historia a través de su arquitectura: una narrativa construida con espacios que estimulan, recorridos que fluyen y decisiones que tienen un sentido. Cada elemento —más allá de lo visual— está pensado para crear lazos, provocar sensaciones y dejar huella. Diseñamos para provocar sensaciones, para vivir la experiencia. El diseño percibe a través de los cinco sentidos, generando esa sensación de estar en el lugar perfecto, en el momento justo. Una Casa VIVLA no es un escenario, es un espacio auténtico que se disfruta, que conecta con el entorno, el contexto y la arquitectura desde la experiencia. Porque una casa bien diseñada no se nota: se vive, se recuerda y se vuelve parte de ti. ### What Makes VIVLA Different? A Closer Look at the Team and Values Behind Every Home - URL: https://www.vivla.com/blog/what-makes-vivla-different-a-closer-look-at-the-team-and-values-behind-every-home - Markdown: https://www.vivla.com/blog/what-makes-vivla-different-a-closer-look-at-the-team-and-values-behind-every-home.md - Published: 12 de mayo de 2025 - Categories: co-ownership - Reading time: 60 seconds > In a market crowded with big promises, what really sets VIVLA apart? It all comes down to the people, the values, and the vision behind every vacation home: The professionals at VIVLA bring years of expertise in real estate and hospitality, ensuring top-tier quality in every home. From purchase to daily management, VIVLA takes care of everything. That means owners can focus on enjoying their time without worrying about maintenance or logistics. VIVLA isn’t just about selling properties; it’s about creating life-enriching experiences. Each home is designed to host memorable moments in carefully curated destinations. VIVLA isn’t just another real estate company; it’s a dedicated team redefining the way families enjoy their vacation homes, with the focus on exceptional experiences. ### How to Pick a Holliday Home That Makes Every Moment Count - URL: https://www.vivla.com/blog/how-to-pick-a-holliday-home-that-makes-every-moment-count - Markdown: https://www.vivla.com/blog/how-to-pick-a-holliday-home-that-makes-every-moment-count.md - Published: 12 de mayo de 2025 - Categories: experiences - Reading time: 60 seconds > Free time is a rare commodity, and knowing how to make the most of it can mean the difference between a mediocre vacation and a truly transformative experience. **Strategic Location:** A study from the Journal of Environmental Psychology shows that natural views can reduce stress by 30%. Opt for a home with views of the ocean, mountains, or greenery to maximize relaxation. A home with amenities for all ages prevents conflicts and ensures everyone enjoys their downtime. Harvard research shows that shared activities strengthen family bonds. Being able to swap your vacation home or access other destinations lets you explore new places without losing the perks of vacation home ownership. Not all vacation homes deliver the same experience. Choosing the right one can turn your downtime into moments that truly matter. ### Is Co-Ownership a Smart Investment? 5 Reasons to Consider It in 2025 - URL: https://www.vivla.com/blog/is-co-ownership-a-smart-investment-5-reasons-to-consider-it-in-2025 - Markdown: https://www.vivla.com/blog/is-co-ownership-a-smart-investment-5-reasons-to-consider-it-in-2025.md - Published: 12 de mayo de 2025 - Categories: real state - Reading time: 30 seconds > Investing in a second home might seem like a luxury reserved for a select few, but co-ownership is changing the game. Here are 5 reasons why co-ownership is a smart move in 2025: Co-ownership lets buyers access top-tier homes by investing only a fraction of the total cost. In established tourist destinations, property value increases can translate into significant gains when it’s time to sell your share. Unlike traditional second homes, co-ownership offers the ability to sell your share at any time, ensuring liquidity. Co-ownership doesn’t just democratize access to premium homes; it’s also a smart strategy for diversifying investments and maximizing returns in a booming real estate market. ### The Art Of Doing Nothing: Why We Need To Disconnect To Reconnect - URL: https://www.vivla.com/blog/the-art-of-doing-nothing-why-we-need-to-disconnect-to-reconnect - Markdown: https://www.vivla.com/blog/the-art-of-doing-nothing-why-we-need-to-disconnect-to-reconnect.md - Published: 12 de mayo de 2025 - Categories: experiences - Reading time: 60 seconds > In a world where busyness is often mistaken for success, the art of doing nothing is becoming a lost practice. But what if slowing down could actually make us feel more connected, more present, and more fulfilled? ##### Why We Struggle with Doing Nothing The modern world constantly tells us to stay busy – from endless to-do lists to constant notifications. Studies from Harvard University suggest that people actually struggle to sit still and do nothing, feeling restless or unproductive. Yet, research shows that embracing downtime can significantly reduce stress and improve mental clarity. - **Take a Tech Detox:** Spend a few hours without any digital devices. Observe how you feel and what comes to mind. - **Practice Mindful Sitting:** Sit in a quiet spot, observe your surroundings, and let your mind wander without a goal. - **Go for a Walk Without a Purpose:** No podcast, no calls – just a walk to take in the sights and sounds. ### 5 Reasons Why a Vacation Home Brings Your Family Closer - URL: https://www.vivla.com/blog/5-reasons-why-a-vacation-home-brings-your-family-closer - Markdown: https://www.vivla.com/blog/5-reasons-why-a-vacation-home-brings-your-family-closer.md - Published: 12 de mayo de 2025 - Categories: co-ownership - Reading time: 40 seconds > Backed by studies it’s about making that time count. A vacation home can become a haven where families create lasting memories. Here are 5 research-backed reasons why a vacation home can strengthen family bonds: Pew Research reports that 65% of families feel that technology interferes with their relationships. Staying in a vacation home without tech distractions can help families reconnect. Stanford University highlights that uninterrupted family time – free from work or school distractions – is key to emotional connection. In times of stress or uncertainty, having a place to retreat and spend time together can be invaluable for family stability. A holliday home isn’t just a financial investment – it’s an investment in memories, family connections, and moments that last a lifetime. ### The secret to a happy family? Rituals, chaos, and a place to call home (VIVLA can help) - URL: https://www.vivla.com/blog/the-secret-to-a-happy-family-rituals-chaos-and-a-place-to-call-home-vivla-can-help - Markdown: https://www.vivla.com/blog/the-secret-to-a-happy-family-rituals-chaos-and-a-place-to-call-home-vivla-can-help.md - Published: 10 de marzo de 2025 - Categories: experiences - Reading time: 3:00 In other words, your annual Christmas matching pajama tradition? Science says it’s making your family emotionally stronger. That secret handshake with your kid? It’s reinforcing trust and security. The yearly trip to your favorite beach house? It’s creating lifelong memories (and probably a few embarrassing family stories). At VIVLA, we believe that a Casa VIVLA is more than bricks and walls—it’s a stage for these moments. That’s why our co-ownership model isn’t just about smart investing in vacation homes—it’s about making sure your family has a place to return to, grow in, and create traditions that last generations. Now, imagine having a home in Baqueira, Ibiza, Menorca, Jávea, Denia or Sotogrande, where every trip feels like a homecoming. A place where your family can say: 🏡 “This is where we come every chance we get.” 🎿 “This is where you learned how to ski (and fell a hundred times).” 🍷 “This is where we have our legendary family dinners with way too much food.” VIVLA makes it possible to own a second home without the hassle, so your family can return to the same place, year after year, building traditions without worrying about maintenance, upkeep, or unused time. Just show up, unpack, and let the memories happen. ### Harvard lo confirma: Invertir en experiencias es la mejor decisión para tu felicidad - URL: https://www.vivla.com/blog/harvard-investing-in-experiences-best-decision-happiness - Markdown: https://www.vivla.com/blog/harvard-investing-in-experiences-best-decision-happiness.md - Published: 25 de febrero de 2025 - Categories: experiences - Reading time: 1:30 > Desde 1938, investigadores de la Universidad de Harvard han seguido la vida de cientos de personas para responder una pregunta fundamental: **¿qué nos hace realmente felices y nos permite vivir mejor?** El resultado de este estudio, que hoy en día abarca a tres generaciones, es claro: **las relaciones cercanas y de calidad son el factor más importante para una vida larga, saludable y plena**. No es el dinero, ni el éxito profesional, ni la fama. **Es la calidad del tiempo que compartimos con los nuestros lo que marca la diferencia.** Pero en un mundo acelerado, donde el trabajo y las obligaciones nos absorben, encontrar espacios de verdadera conexión con familia y amigos puede ser un reto. Y aquí es donde entra en juego un concepto que va mucho más allá de la propiedad inmobiliaria: **tener un hogar donde construir recuerdos, sin las complicaciones de la propiedad tradicional.** En VIVLA creemos que una segunda residencia no solo es una inversión inteligente, sino también una forma de **garantizar que siempre habrá un lugar donde conectar, descansar y crear momentos significativos.** Nuestro modelo de **copropiedad** ofrece todas las ventajas de tener una casa de vacaciones sin las preocupaciones de la gestión y el mantenimiento. **Tienes una casa en los destinos más exclusivos de España y el mundo, con toda la flexibilidad y comodidad que necesitas.** Si el Estudio de Harvard nos enseñó algo, es que **invertir en experiencias y relaciones es la mejor decisión que podemos tomar para nuestra felicidad y bienestar.** **Imagina un lugar donde siempre puedas volver.** Un destino que no solo te pertenezca, sino que también se adapte a ti. Una casa donde cada estancia sea un nuevo capítulo en la historia de tu vida. Esa es la filosofía de VIVLA. **Porque al final, lo que realmente vale no es lo que poseemos, sino lo que vivimo** ### A Guide to Building Long-term Wealth with VIVLA - URL: https://www.vivla.com/blog/a-guide-to-building-long-term-wealth-with-vivla - Markdown: https://www.vivla.com/blog/a-guide-to-building-long-term-wealth-with-vivla.md - Published: 19 de mayo de 2024 - Categories: co-ownership - Reading time: 11min > Building long-term wealth with VIVLA is simpler than you might think. VIVLA offers a unique approach to second home ownership. You share a beautiful home with like-minded families, enjoy hassle-free management, and have guaranteed vacation time. With VIVLA, you're investing in your dream lifestyle. Let's see how you can own a share of a dream home, save on vacation costs, and create lasting memories with your loved ones. Let's better understand how VIVLA can help you build generational wealth. VIVLA allows multiple families to co-own a second home, making it more affordable and flexible. You buy a share of a high-quality home and enjoy it for a fraction of the cost and effort. ##### **Flexible Ownership** Owning a second home with VIVLA means sharing the property with others, reducing costs and increasing flexibility. You can buy as little as 1/8 of a home, which gives you 6 weeks of use per year. ##### **Hassle-Free Management** VIVLA takes care of all the management aspects, so you don’t have to worry about maintenance, cleaning, or any other home-related tasks. Just relax and enjoy your time. **Fully Managed Homes:** Internal cleaning, laundry, accounting, and maintenance. **Owner Services:** 24/7 concierge service for all your needs, from restaurant reservations to personal trainers. ##### **Guaranteed Vacation Time** With VIVLA, you’re guaranteed vacation time every year. The [booking system](https://blog.vivla.com/en/how-booking-works-with-vivla/) ensures fair access during high, mid, and low seasons. Plus, you can always exchange weeks with other owners if your plans change. **Booking System:** Easy to use and fair for all owners. **Flexible Dates:** Book stays 12 months in advance and modify if needed. ##### **Community and Flexibility** VIVLA is not just about owning a home; it’s about being part of a community. Share experiences with like-minded families and enjoy a variety of destinations. **Community Feel:** Connect with other owners and share your experiences. **Exchange Stays:** Swap your weeks for stays in different locations. ##### Cost-Effective [Shared Ownership](https://blog.vivla.com/en/shared-ownership-homes/) Owning a share in a VIVLA home is much more affordable than buying a whole second home. You save on purchase price and ongoing costs while still enjoying a luxury property. - **Lower Costs:** Share the cost of the home and maintenance. - **Save on Rentals:** Reduce vacation rental costs by owning instead of renting. ##### High-Quality Homes All VIVLA homes are carefully selected and maintained to high standards. You can be sure you’re getting a top-quality property. - **Certified Properties:** Only the best homes with high-end finishes. - **Prime Locations:** Homes in desirable vacation spots. ##### Flexibility and Convenience VIVLA’s model gives you the flexibility to enjoy your home on your terms. Whether you want to stay in one location or explore new ones, VIVLA makes it easy. - **Flexible Use:** Enjoy 6 weeks a year in your home. - **Exchange Options:** Swap stays with other VIVLA homes. Here are 6 steps to get started with VIVLA: ##### **Step 1: Find Your Dream Home** Start by browsing VIVLA’s selection of luxury homes. Look for properties that match your lifestyle and preferences. - **Explore Options:** Check out homes in locations like Madrid, Menorca, and Cantabria. - **Talk to Experts:** VIVLA’s market experts can help you find the perfect fit. ##### **Step 2: Try Before You Buy** Before making a commitment, you can try out a VIVLA home. This could be through a virtual tour, an in-person visit, or even a short stay. - **Virtual Tours:** See the home from the comfort of your own. - **In-Person Visits:** Visit the property to get a feel for it. - **Short Stays:** Book a stay to experience living in the home. ##### **Step 3: Make It Yours** Once you’ve found the right home, VIVLA’s team will help with all the details. This includes legal paperwork, [setting up the LLC](https://blog.vivla.com/en/owning-property-through-an-llc-makes-sense/), and finalizing the purchase. - **Paperwork:** VIVLA handles all legal aspects. - **Ownership:** Become a legal owner through an LLC. - **Transparent Process:** Clear contracts and full ownership rights. ##### **Step 4: Enjoy the VIVLA Way** Now, it’s time to enjoy your new home. Use the VIVLA app to book your stays, request services, and connect with other owners. - **Book Stays:** Use the app to manage your vacation time. - **Request Services:** From personal chefs to spa treatments, the concierge team is ready to help. - **Stay Connected:** Join the community and share your experiences. ##### **Step 5: Flexibility to Sell** If your needs change, you have the freedom to sell your share at any time. VIVLA properties appreciate in value, making resale easy and profitable. - **Sell Anytime:** Sell your share after the first 12 months. - **Flexible Sales:** Set your price and find buyers with VIVLA’s help. **Profitable Resale:** Homes appreciate in value, ensuring a good return on investment. Owning a [second home with VIVLA](https://blog.vivla.com/en/buy-a-second-home-in-spain/) is a smart, flexible way to build long-term wealth. You get to enjoy luxurious properties without the usual headaches of ownership. With VIVLA, you save money, gain flexibility, and become part of a vibrant community. Our homes are located in desirable destinations, close to top attractions and conveniences, with access to exclusive amenities. Plus, our team of experienced professionals is on hand to help you get the most out of your second home. Want to see how **VIVLA** can change your life and wealth-building strategy? [Contact us](https://www.vivla.com/contact-us) today. ### 9 Things to Keep in Mind When Buying a Second Home - URL: https://www.vivla.com/blog/9-things-to-keep-in-mind-when-buying-a-second-home - Markdown: https://www.vivla.com/blog/9-things-to-keep-in-mind-when-buying-a-second-home.md - Published: 14 de mayo de 2024 - Categories: real state - Reading time: 20min > Spain has one of the highest rates of second home ownership in Europe, with [28%](https://gitnux.org/second-home-ownership-statistics/) of households owning a second home. Whether it's a cozy cabin in the woods, a beachfront retreat, or a peaceful countryside cottage, having a second home allows you to recharge, relax, and disconnect from the daily grind. It provides a sanctuary where you can unwind, enjoy nature, and create lasting memories with family and friends. Besides just relaxation, your second home can be a smart investment. Property values usually go up, so you might sell it for a profit later. There are many things to consider before making this big decision. Let’s look at the key points to help you choose the perfect second home. Owning a second home isn't just about the initial purchase price. Maintenance costs can add up quickly. From regular upkeep to unexpected repairs, it’s important to plan for these expenses. ##### **Understanding Maintenance Costs** **Routine Upkeep:** This includes lawn care, cleaning, and minor repairs. These costs can vary based on the size and location of your home. **Seasonal Maintenance:** Depending on the climate, you might need to budget for things like snow removal. **Emergency Repairs:** It's wise to set aside funds for unexpected issues like plumbing problems or roof repairs. ##### **Ways to Offset Costs** **Sharing Ownership:** Co-owning a property with friends or family can split the maintenance costs and responsibilities. **Energy Efficiency:** Investing in energy-efficient appliances and systems can reduce utility bills and lower overall maintenance costs. ##### **Budgeting Tips** **Set a Maintenance Fund:** Regularly setting aside money for maintenance can prevent financial strain when issues arise. **Regular Inspections:** Scheduling regular inspections can help catch problems early, often saving money in the long run. **Hire Local Services:** Local service providers often offer better rates and faster response times for maintenance and repairs. ##### **How VIVLA Can Help** With VIVLA, you will never have to worry about management or maintenance. We handle everything, so you can enjoy peace of mind. While co-owning, you will pay a monthly fee established at the beginning—no extra fees and no surprises. Learn more at[ VIVLA](https://www.vivla.com/). Having a second home is great, but what happens if you want to sell it? A flexible exit strategy is key to ensuring you can sell when it’s best for you. ##### **Benefits of a Flexible Exit Strategy** **Market Timing:** Sell your home when the market is strong. This can help you get the best price. **Personal Circumstances:** Life changes. You might need to sell due to personal reasons like job relocation or financial needs. **Avoiding Stress:** Knowing you have a plan to sell your home easily reduces stress and gives you peace of mind. ##### **Tips for a Flexible Exit Strategy** **Understand the Market:** Keep an eye on local real estate trends. Knowing when prices are high or low can help you decide when to sell. **Home Improvements:** Regularly maintain and update your home. A well-maintained home sells faster and at a better price. ##### **Preparing Your Home for Sale** **Declutter and Clean:** A clean, clutter-free home is more attractive to buyers. It helps them see the potential in your space. **Minor Repairs:** Fix any minor issues like leaky faucets or broken tiles. Small repairs can make a big difference in how buyers perceive your home. **Staging:** Consider staging your home to show it in the best light. Professional staging can highlight your home's best features. ##### **How VIVLA Can Help** VIVLA offers support in selling your second home. We provide market analysis and connect you with people on our pipeline who might want to buy your share. With VIVLA, you have a partner to guide you through every step of the selling process. Learn more at[ VIVLA](https://www.vivla.com/). Buying a second home isn’t just about having a place to escape to; it’s also a way to build long-term wealth. Real estate is a tangible asset that often increases in value over time. ##### **Building Wealth with a Second Home** **Location Matters:** Choose a location with growth potential. Look for areas with strong economies, good schools, and amenities. **Smart Renovations:** Invest in home improvements that increase value. Kitchens and bathrooms often offer the best return on investment. **Stay Informed:** Keep up with market trends. Knowing when to buy and sell can maximize your investment. ##### **Tips for Maximizing Wealth Accumulation** **Long-Term Perspective:** Real estate is usually a long-term investment. Be patient and allow time for your property to appreciate. **Diversify Your Investments:** While real estate can be a solid investment, don’t put all your money into one property. Diversify your portfolio to manage risk. **Professional Advice:** Consult with financial advisors and real estate experts. They can provide insights and strategies to grow your wealth. ##### **How VIVLA Can Help** With VIVLA, you will be able to build long-term wealth through real estate while benefiting of all the perks of true ownership. Learn more at[ VIVLA](https://www.vivla.com/). Owning a second home can also save money, especially on hotel bookings and travel expenses. ##### **Saving on Vacation Costs** **No More Hotels:** Owning a vacation home means you no longer need to spend on hotel stays. This can save you a lot of money over time. **Cooking at Home:** With a kitchen at your disposal, you can save on dining out. Preparing your meals can be both fun and economical. **Extended Stays:** You can stay as long as you like without worrying about accommodation costs. This flexibility can lead to more affordable and enjoyable vacations. ##### **Additional Cost-Saving Tips** **Energy Efficiency:** Invest in energy-efficient appliances and systems. They can reduce utility bills and maintenance costs. **Shared Ownership:** Co-owning splits costs. This includes the purchase price, maintenance, and utilities. **Home Exchange Programs:** Participating in home exchange programs can provide free accommodation in different locations, saving travel costs. Buying a second home is also an investment in your family’s future. A second home can create generational wealth that benefits your children and grandchildren. ##### **Benefits of Generational Wealth** **Financial Security:** Owning a second home can provide a financial safety net for future generations. It’s a valuable asset that can help with college expenses, weddings, or other big life events. **Inheritance:** Your second home can be passed down to your children, giving them a head start in life. It’s an asset that can grow in value over time. **Family Gatherings:** A second home can be a place where the family gathers for holidays and special occasions, creating lasting memories. ##### **Tips for Building Generational Wealth** **Choose Wisely:** Select a property in a location that is likely to appreciate. Look for areas with good schools, amenities, and future development plans. **Plan Ahead:** Discuss your plans with your family. Make sure they understand the property's importance and how it should be managed in the future. ##### **How VIVLA Can Help** With VIVLA, you can be confident that your second home will benefit your family for generations, just as if you owned it outright. It is a long-term investment, and your share will appreciate over time. Learn more at[ VIVLA](https://www.vivla.com/). Investing in real estate, like buying a second home, is a great way to diversify your investment portfolio. Diversification can reduce risk and increase potential returns. ##### **Benefits of Diversification** **Reduced Risk:** Spreading your investments across different asset classes, such as real estate, stocks, and bonds, reduces the risk of losing money. If one investment performs poorly, others may do well. **Stable Returns:** Real estate often provides stable returns compared to other investments. Property values tend to increase over time, providing a steady appreciation. ##### **How to Diversify with Real Estate** **Location Selection:** Choose properties in different locations. This can protect you from market downturns in any one area. **Property Types:** Consider different types of properties, such as vacation homes, rental properties, and commercial real estate. Each type can offer different benefits and risks. ##### **Tips for Successful Diversification** **Research:** Understand the real estate market. Look for areas with growth potential and stable economies. **Professional Advice:** Work with real estate professionals to find the best properties. They can offer insights and help you avoid common pitfalls. ##### **How VIVLA Can Help** Buying a fraction allows you to enjoy multiple homes at a lower cost, that way you can diversify your investments. Learn more at[ VIVLA](https://www.vivla.com/). When you own a second home, you can take advantage of home exchanges, which allow you to travel without paying for accommodations. ##### **Benefits of Home Exchange** **Travel Savings:** Home exchange eliminates the need for hotel expenses. You stay in someone else’s home while they stay in yours, saving money on accommodations. **Cultural Exchange:** Staying in a local home provides a more authentic travel experience. You get to live like a local and gain a deeper understanding of the culture. **Comfort and Convenience:** A home offers more space and amenities than a hotel. You can cook your meals, do laundry, and enjoy the comforts of a home. ##### **How Home Exchange Works** **Buy from VIVLA:** VIVLA offers a variety of home exchange listings to make the process easy. ##### **How VIVLA Can Help** VIVLA offers home exchange services that connect you with other homes and other destinations so you can get the most of your home, and elevate your life experiences. Learn more at[ VIVLA](https://www.vivla.com/). ### 5 Easy Steps to Co-own Your Vacation Home with VIVLA - URL: https://www.vivla.com/blog/5-easy-steps-to-co-own-your-vacation-home-with-vivla - Markdown: https://www.vivla.com/blog/5-easy-steps-to-co-own-your-vacation-home-with-vivla.md - Published: 9 de mayo de 2024 - Categories: destinations - Reading time: 12 min > You might wonder how co-ownership differs from buying a typical home. It's similar in some ways, but VIVLA makes it easier and faster. With [VIVLA](https://www.vivla.com/), you can buy and co-own a vacation home in 5 easy steps: Start your journey with VIVLA by exploring our collection of premium vacation homes. Each one is chosen for its unique charm and ideal location, ensuring you find the perfect backdrop for your retreats. Whether you prefer serene mountains or lively beaches, we have a home that fits every taste. **Locations include**: - Madrid Surroundings - Costa Brava - Menorca - Cerdanya - Ibiza - Baqueira - Cantabria - Costa de la Luz - Costa Blanca - Costa del Sol - Formentera Each listing provides detailed information about the amenities and surroundings, helping you make an informed decision without the hassle. If you've spotted a house elsewhere, let us know. [Send us the link](https://www.vivla.com/listings), and we'll work on acquiring it for you. **Ready to find your slice of paradise? Explore our **[**listings **](https://www.vivla.com/listings)**and take the first step towards owning your dream vacation home.** Seeing is believing. After connecting with us and learning more about your chosen property, the next step is to experience the home for yourself. We offer both virtual tours and in-person visits, allowing you to explore every nook and cranny and truly envision your life there. Whether you want to feel the morning breeze from the balcony or walk through the lush garden, this step ensures the home meets all your expectations. During your visit, take the time to absorb the atmosphere of the neighborhood and imagine your future getaways. This is your opportunity to check the details up close—from the quality of finishes to the layout's flow. Experiencing the home personally is crucial in making an informed decision. **Ready for a closer look? **[**Schedule your visit with us**](https://www.vivla.com/contact-us)** now and step inside your potential second home.** Congratulations! Once you've finalized the purchase, you're ready to begin enjoying your new vacation home. But there's no need to worry about property management complexities-that's where we step in. VIVLA takes care of all the details, from maintaining the property to managing bookings, ensuring your home is always ready for your arrival. As a new co-owner, you'll be introduced to our simple booking system. Plan your stays up to a year in advance, choosing the weeks that work best for you and your family. This flexibility allows you to make the most of your vacation time, whether it's a spontaneous weekend getaway or a longer holiday retreat. **Ready to enjoy the perks of your vacation home? **[**Plan your first visit today**](https://www.vivla.com/contact-us)** and explore the relaxing lifestyle you’ve always wanted.** - **Curated Selection of Homes**: We handpick the top vacation homes in prime locations, ensuring quality and exclusivity. - **Easy Co-Ownership**: Simplify your property investment with our co-ownership model, making luxury homes more accessible. - **Complete Solutions**: All homes are fully furnished and ready for your arrival, letting you relax from day one. - **Flexible ****Booking**: Plan your stay with ease using our straightforward booking system, ensuring you can always enjoy your home when you desire. - **Comprehensive Management**: We handle all property management tasks, from maintenance to bookings, so you don’t have to. - **Local Experiences**: Each home offers a unique connection to its location, allowing you to enjoy local culture and nature seamlessly. - **Personal Support**: Our team is always available to help with any questions or needs, providing a personal touch to your vacation home experience. - **Desirable Locations**: From beachfront paradises to mountain retreats, our homes are situated in sought-after destinations, ensuring memorable vacations. - **Modern Amenities**: Enjoy premium features like hot tubs, chef’s kitchens, and breathtaking views, elevating your vacation experience. - **Professional Management**: Let us handle the hassle of property management, allowing you to focus on relaxation and making memories with your loved ones. - **Exclusive Access**: Gain access to a growing network of vacation homes across multiple destinations, expanding your holiday options. - **Equity Building**: Invest in luxury real estate with the potential for appreciation, offering long-term financial benefits. - **Easy Resale**: When the time comes, selling your share is simple, providing flexibility and liquidity for your investment. - **Luxury Awaits. ****Explore Our Homes Today****!** ### Make Ibiza your second home - URL: https://www.vivla.com/blog/make-ibiza-your-second-home - Markdown: https://www.vivla.com/blog/make-ibiza-your-second-home.md - Published: 1 de mayo de 2024 - Categories: destinations - Reading time: 13min > How would you feel about spending 6 weeks per year in a sun-soaked paradise? Ibiza's [Ribes Home ](https://www.vivla.com/listings/casa-ribes)lets you do just that: a slice of paradise with co-ownership benefits. This luxurious holiday home, located in the midst of Ibiza, redefines vacation property investment. With 1/8 ownership, you can spend six blissful weeks a year in a stunning, south-facing apartment that promises breathtaking sea views, an infusion of natural light, and a personal oasis of tranquility. During your six weeks in paradise, you can make the most of your time by exploring the vibrant culture and nightlife of Ibiza, relaxing with spa treatments, and immersing yourself in the crystal-clear waters of the Mediterranean Sea. Enjoy leisurely walks along the pristine beaches, savor local cuisine at world-class restaurants, and experience unforgettable adventures, such as yacht excursions and hiking trips to hidden coves and cliffs. Let's discuss why you should invest in this exclusive property, which offers more than just a place to stay—it offers a lifestyle to enjoy. You'll feel calm and luxurious when you step into [Ribes Home](https://www.vivla.com/listings/casa-ribes). There's more to this than just a place to stay. - **Spacious Living Areas:** With 200 square meters of space, this holiday home features high ceilings and an open-plan design that lets in airflow and natural light, creating an inviting atmosphere for relaxation or entertainment. - **Four Luxurious Bedrooms:** Each bedroom offers a private retreat, complete with plush bedding and serene decor, ensuring restful nights and refreshed mornings. - **Modern Bathrooms:** Four contemporary bathrooms provide spa-like experiences right at home, with top-quality fixtures and finishes. - **Gourmet Kitchen:** A high-end brand kitchen equipped with luxurious appliances makes cooking and dining an experience to look forward to. - **Private Terrace and Pool:** You can experience the sun, the views, and the blissful Ibiza air on the spacious terrace with a private pool of this holiday home. Living at Ribes Home means having the luxury to immerse yourself in the diverse experiences Ibiza offers, creating memories that last a lifetime. From breathtaking beaches to culinary delights, there’s always something to discover. - **Beaches Galore:** A short stroll from Ribes Home, you’ll find pristine beaches like Cala Nova and Cala Llenya, perfect for sunbathing, swimming, or enjoying water sports. - **Dining and Nightlife:** Ibiza is renowned for its vibrant and electrifying nightlife scene, attracting partygoers from around the world. Enjoy the island's vibrant culinary scene at places like Restaurant Alabastro and spend evenings at renowned spots like Blue Marlin Ibiza. In addition to Blue Marlin Ibiza, there are other famous spots like Pacha, Amnesia, and Ushuaïa that offer unforgettable clubbing experiences with world-class DJs and spectacular light shows. Whether you're into techno, house, or more eclectic beats, Ibiza's nightlife scene has something for everyone. - **Cultural Richness:** Beyond the beach, Ibiza offers a rich blend of history and culture. Wander the charming streets of Santa Eulària des Riu, visit local markets, and experience the island’s laid-back lifestyle. Buying a holiday home in Ibiza is all about embracing a lifestyle and making a smart financial choice. ##### **Financial Benefits** **Smart Investment:** [Ribes Home](https://www.vivla.com/listings/casa-ribes) not only offers a personal escape but also represents a prudent financial investment. The 1/8 ownership model allows for potential property value appreciation without the full expense of sole ownership. **Cost-Effective Luxury:** Enjoy luxury living at a fraction of the cost. The shared ownership model divides maintenance and management expenses, reducing the financial burden on any single owner. ##### **Lifestyle Benefits** **Exclusive Living:** Ownership means having a private, luxurious space in one of the most beautiful destinations in the world. It’s more than a home; it’s your personal retreat. **Community and Privacy:** Share the experience with a small community of co-owners who value privacy and luxury as much as you do. Ribes Home's design and layout ensure personal space and comfort for every owner. ##### **Ease and Flexibility** **Hassle-Free Ownership:** Forget about property ownership headaches. [VIVLA](https://www.vivla.com/listings/casa-ribes) handles everything, from maintenance to management. **Flexible Use:** With an annual stay of six weeks, plan your stay around the best times to enjoy Ibiza. Plus, the option to exchange weeks with other VIVLA property owners adds even more flexibility to your travel plans. Here are the steps to buy your own holiday home with VIVLA: - **Meet Your Dream Home:** Start by sharing your preferences with us. We'll introduce you to Ribes Home and others that fit your desires, either virtually or in person. - **Experience It Firsthand:** Spend some time at the property to truly feel if it's the right fit for you. It’s about more than just seeing; it’s about experiencing. - **Seal the Deal:** Our legal team will guide you through a transparent purchase process, ensuring you understand every aspect before you buy. - **Enjoy Your New Home:** Once everything is settled, booking your stay is easy. Plus, you can exchange weeks with other VIVLA property owners for even more adventure. ##### **Sell with Freedom** Selling your Ibiza holiday home is just as easy as buying it. Here's how. - **Valuable Investment:** All VIVLA properties, including Ribes Home, are selected for their potential appreciation. You’re not just buying a home; you’re investing in your future. - **Seamless Resale:** When you’re ready to sell, [VIVLA](https://www.vivla.com/listings/casa-ribes) provides exclusive access to a vibrant market of buyers, where you control the sale price. - **Flexibility to Choose:** Your investment, your choice. Decide when it’s the right time to sell without any pressure or hassle. Buying a [Ribes Home in Ibiza](https://www.vivla.com/listings/casa-ribes) is about owning a lifestyle that many dream of but few actually enjoy. Your escape from stress, your investment in happiness, and a smart financial decision. What's a better scene than seeing the Mediterranean from your bed, exploring Ibiza's vibrant culture, and knowing that all of this contributes to your financial well-being? This is not just a dream - it's what Ribes Home offers. It's the ideal location to find a relaxing retreat, an investment opportunity, or a family getaway. More than a holiday home, it's a gateway to a better life, with a unique blend of luxury, convenience, and smart ownership structure. If Ribes Home sounds like the paradise you've been looking for, why wait? We've got your dream home in Ibiza. [Contact the VIVLA team now](https://meetings-eu1.hubspot.com/meetings/elena-pernia?uuid=8baa3374-b693-4fae-a3b6-8775fd43a8fe)! ### Make Sotogrande your second home - URL: https://www.vivla.com/blog/make-sotogrande-your-second-home - Markdown: https://www.vivla.com/blog/make-sotogrande-your-second-home.md - Published: 9 de abril de 2024 - Categories: properties - Reading time: 11min > If you're looking for a luxury family holiday, [Valderrama Home](https://www.vivla.com/listings/valderrama) is for you. With its panoramic views, Valderrama Home adds an extra layer of beauty and tranquility to your family vacation. Valderrama Home has everything you need for an unforgettable family vacation. The breathtaking scenery enhances the overall experience, creating lasting memories for the whole family, whether you're enjoying a morning coffee on the terrace or watching the sunset with your loved ones. In this blog, we'll tell you why Valderrama Home in Sotogrande isn't just a vacation home but a smart, stress-free investment in your family's happiness and financial future. Once you step into the [Valderrama Home in Sotogrande](https://www.vivla.com/listings/casa-valderrama), you'll understand why it's more than just a place to stay! The Valderrama Home offers the perfect blend of luxury and comfort, with every detail designed to make you feel at home. Each bedroom and bathroom offers comfort and privacy, and the kitchen has the latest appliances, so you can cook for two or the whole family. Here’s what makes each space special: - **Living Areas:** Open up to a private terrace, perfect for enjoying serene mornings or tranquil evenings. - **Communal Pool:** Ideal for a refreshing swim on hot days. - **Garden:** Offers a peaceful escape with lush greenery, perfect for quiet moments or family fun. - **Bedrooms:** Designed for maximum comfort, ensuring a restful sleep. - **Bathrooms:** Modern and spacious, equipped with top-notch fixtures for a spa-like experience. - **Kitchen:** Features state-of-the-art appliances and ample space, great for cooking and socializing. When you invest in a holiday home like Valderrama Home in Sotogrande, you're not just buying a property; you're also investing in a lifestyle full of fun things to do. Every visit is an adventure, and there's always something new to explore in Sotogrande. Sotogrande is a top destination for vacations and investments because of: **Beaches:** Whether you're into sunbathing, swimming, or just enjoying a sunset, the beaches offer a perfect backdrop for relaxation and family fun. Sotogrande has some great beaches nearby: - **Playa El Cabrero (Cala Sardina)**: Secluded and serene, perfect for a quiet day by the sea. - **Playa Torreguadiaro**: Bustling with life, lined with eateries and bars—ideal for social butterflies. - **Playa Sotogrande**: Offers extensive sandy stretches and beachside dining, great for families and foodies. - **Playa Guadalquitón**: Quiet and undisturbed, it’s a hidden gem for peaceful retreats. - **Playa Torrecarbonera**: Offers a natural escape, less crowded for those seeking privacy. - **Campamento and Guadarranque**: Known for their rustic charm and cultural exploration. **Dining and Nightlife:** Sotogrande boasts many dining options. From casual seaside eateries to high-end restaurants, there’s something to satisfy every palate. After dinner, explore the vibrant nightlife and mingle with both locals and visitors. **Cultural Experiences:** Dive into local culture with visits to nearby historical sites and museums. Experience local festivals vibrant with Spanish heritage and community spirit. **La Marina:** Spend a day at the marina for some sailing or just to enjoy the scenic views. It’s a hub for water sports and also a great place to relax. [**Santa Maria Polo Club**](https://santamariapoloclub.com/?lang=en)**:** Known as one of the best polo clubs globally, attending a match or even a practice session is a thrilling way to spend an afternoon. [**The Jolly Mile**](https://www.thejollymile.com/)**:** For something a bit different, explore this vintage motor tour around Sotogrande, offering a unique and fun way to see the sights. **Full Vitality Spa Sotogrande:** Treat yourself to a day of pampering and relaxation at this luxury spa, a perfect way to unwind after a day of adventure. **Sotojets Jet Ski:** Add some adrenaline to your stay with jet skiing adventures right off the coast. These attractions not only enhance your holiday experience but also add to the property's value, making your investment even more worthwhile.  Click here to see how you can enjoy six weeks of luxury living each year at Gades Home in Cadiz. Here's why you should own a holiday home in Sotogrande: - **Investment Potential:** Real estate in Sotogrande has shown steady appreciation because of its elite status and high demand. Investing here means your property's value will grow over time. - **Cost-Effective Luxury:** With co-ownership, like the 1/8 ownership offered at [Valderrama Home](https://www.vivla.com/listings/casa-valderrama), you can experience the luxury of an exclusive holiday home without the full cost. This makes high-end holidays more accessible. - **Exclusive Living:** Sotogrande is known for its private and secure environment, making it a favorite among discerning buyers looking for exclusivity and privacy. - **Community and Privacy:** The balance between community and private spaces is perfect here. You can mingle with like-minded neighbors or enjoy a quiet day in your garden. - **Hassle-Free Ownership:** Co-ownership means shared responsibilities for maintenance and upkeep, reducing your burden and ensuring the home is always ready for your arrival. - **Flexible Use:** You have access to your holiday home for multiple weeks throughout the year, allowing you to plan vacations around your schedule. Ready to make Valderrama Home in Sotogrande yours? It's simple with [VIVLA](https://www.vivla.com/listings/casa-valderrama). Here’s how: 1. **Choose Your Dream Home:** First, let us know your preferences. VIVLA will curate a collection of homes that match your criteria. Choose to explore them virtually or set up an in-person visit. 2. **Experience It Firsthand:** Book a stay at Valderrama Home. Feel the comfort, see the beauty, and experience the community firsthand—make sure it's the right fit for you. 3. **Make It Yours:** Our dedicated legal team at VIVLA ensures a transparent and smooth purchasing process. They'll guide you through every step, answering any questions you might have. VIVLA makes owning your dream holiday home effortless and exciting. Just like buying, we also helps you sell your holiday home when you're ready. At[ VIVLA](/blog/how-to-sell-co-ownership-share-spain), we provide exclusive access to a vibrant market of buyers where you control the sale price. With its stunning amenities, exclusive community, and co-ownership benefits, [Valderrama Home](https://www.vivla.com/listings/casa-valderrama) in Sotogrande gives you quality family time and a great return on investment. If you're ready to take the next step towards owning a piece of paradise, [**contact VIVLA **](https://meetings-eu1.hubspot.com/meetings/elena-pernia?uuid=8baa3374-b693-4fae-a3b6-8775fd43a8fe)today. Our team is here to help you through every step. ### How does VIVLA select vacation homes for co-ownership? - URL: https://www.vivla.com/blog/how-does-vivla-select-vacation-homes-for-co-ownership - Markdown: https://www.vivla.com/blog/how-does-vivla-select-vacation-homes-for-co-ownership.md - Published: 8 de abril de 2024 - Categories: co-ownership - Reading time: 10min > Dreaming of a vacation home that feels like a luxury hotel but still screams, 'This is mine'? We cherry-pick the top 5% of homes, turning them into co-owned slices of paradise. It’s simple. If a home looks great in pictures and even more in person, it’s likely on our list. You don’t just buy a house; you buy a lifestyle that’s all set up and waiting for you. There are no fixer-uppers here, only move-in-ready gems in destinations you love. Think less about the hassle and more about unforgettable gatherings and memories waiting to happen. With us, you can discover the perfect place for your unique lifestyle. From the charming Ribes Home to the spacious Gades Villa, we've got the perfect home for you. Here's how we pick! ##### VIVLA helps you co-own your dream luxury vacation home with these steps - **Fin Your Dream Home**: Start your VIVLA journey by browsing our selection. Chat with our market experts who get to know you and what you're looking for in a vacation lifestyle. - **Try Before You Buy**: Not sure yet? No problem. We set up virtual tours, in-person visits, or even arrange a stay for you at one of our VIVLA homes. Feel the vibe and see if it clicks. - **Get to the Details**: Got questions? We've got answers. Our legal team is here to clarify any concerns and walk you through the contract before you sign. Transparent, professional, no surprises. - **Book and Relax**: Once you're in, booking your stay is easy. Plan a year in advance or swap weeks with other owners. Enjoy your six weeks of vacation every year, hassle-free. - **Freedom to Change**: Life changes, and so can your vacation home. Sell or swap your share anytime. We help set the price, find buyers, and handle the legal stuff, making sure you’re all set. **1. When can I use my VIVLA home?** You get 42 days a year. This splits differently for beach and mountain homes, ensuring you enjoy peak seasons and quiet times alike. **2. What if I want to try the home before buying?** We encourage it! Set up a virtual tour, visit in person, or book a short stay. This way, you can be sure the home fits your needs before committing. **3. What are annual maintenance expenses?** Annual maintenance costs range between 1.5% to 2% of your home's fraction price, typically translating to about €200 monthly. **4. Can I rent out my VIVLA home?** Absolutely. It’s your property; you can rent it out. We handle the rentals for you without charging any commission, ensuring you earn a steady income. **5. What happens if I want to sell my fraction?** You can sell your shares anytime after the first year. Set your price, handle the sale yourself, or let us manage everything from finding buyers to finalizing the sale. ### Spain's real estate market: outlook and opportunities - URL: https://www.vivla.com/blog/spain-real-estate-market - Markdown: https://www.vivla.com/blog/spain-real-estate-market.md - Published: 9 de noviembre de 2023 - Categories: real estate - Reading time: 6 min > Spain's real estate market is one of the most active in Europe. Here's a clear-eyed view of what is happening, where prices are headed and what buyers should know in 2026. For more than a decade, the Spanish real estate market has been on a long recovery from the 2008 crash. That recovery has matured into something more structural: Spain is now one of the most dynamic property markets in Europe, attracting capital from northern Europe, Latin America, the United States and increasingly Asia. This article gives a clear-eyed snapshot of the market in 2026 — where prices are, what's driving demand, where the opportunities are and what risks to watch. #### Where prices are: the macro picture The Spanish residential market has appreciated meaningfully since 2014, with prime urban centres (Madrid and Barcelona) and the most desirable second-home destinations (Balearics, Costa del Sol, Costa Brava) leading the gains. INE and Tinsa data show double-digit appreciation in many of these areas across the past decade, with notable acceleration after 2020. Despite that, Spanish prices remain meaningfully below comparable European markets when measured on a per-square-metre basis. Madrid is still cheaper than Lisbon for prime; the Balearics are still cheaper than the Côte d'Azur; the Costa del Sol is structurally below St-Tropez. The relative value remains a key driver of international demand. #### What's driving demand in 2026 ##### 1. International capital Foreign buyers represent a growing share of transactions, especially in coastal and prime urban markets. The Spanish Golden Visa programme ended in 2025, but its earlier impact is still flowing through, and demand from non-Golden-Visa buyers (Northern Europeans, Americans escaping the dollar, Latin Americans hedging political risk) has been strong enough to offset its absence. ##### 2. The Madrid effect The fiscal advantages of the Comunidad de Madrid (notable wealth tax rebates, no inheritance tax for direct family line in many cases) have made the capital a magnet for HNW capital. This has reshaped the city's prime districts and pushed appreciation rates above the national average. ##### 3. Lifestyle and remote work The post-pandemic shift to remote work made Spain — with its sunshine, affordability, food culture and improving digital infrastructure — one of the most desirable bases in Europe. The Digital Nomad Visa, introduced in 2023, formalised this shift. ##### 4. Tourism momentum Spain set new tourism records in 2024 and 2025, reinforcing rental yields in vacation markets and attracting investment-driven demand for second homes with rental potential. #### Where the opportunities are ##### Underrated mid-tier destinations While Marbella, Ibiza and Mallorca have priced out many buyers, the second-tier destinations — Menorca, Cantabria, Cádiz, Málaga city, Valencia city — continue to offer strong relative value, with the same lifestyle ingredients at a fraction of the prime-market entry price. ##### Restoration plays Spain's stock of historic properties — old fincas in Mallorca, palacetes in central Madrid, casonas in Cantabria — has been the source of many of the most rewarding investments of the past decade. The supply of well-located historic properties is finite, which creates structural support for value over time. ##### Fractional ownership For buyers who want the lifestyle without the operational burden of a full home, the rise of professional fractional ownership is creating an entirely new asset class. Vivla, Pacaso and others have legitimised the model, and the secondary market for these shares is starting to develop. #### What risks to watch ##### Regulatory friction in tourist rentals Spain — and especially the Balearics, Catalonia and Andalusia — is tightening short-term rental regulations. Properties bought for rental yield should be evaluated carefully, since licence moratoriums are now common and ongoing. ##### Wealth tax dynamics While Madrid offers a generous wealth tax rebate, other regions apply meaningful rates. Property structure and location can affect the annual cost of ownership for HNW buyers significantly. ##### Interest rate sensitivity Spanish mortgages are predominantly variable-rate (linked to Euribor). Sustained high rates affect both affordability for new buyers and refinancing economics for existing owners. Plan financing around rate scenarios, not assumptions. ##### Local political shifts Some autonomous communities have proposed restrictions on non-resident purchases (the Balearics in particular). These remain mostly proposals, but the political direction is worth monitoring. #### Reading the market for the right move For most international buyers, the Spanish market in 2026 is best characterised as: still attractive on relative value, still benefiting from structural demand, but now demanding informed selection of destination, property and structure. The era when any well-located Spanish property would appreciate is over; the era of careful, informed, well-managed Spanish property remains very much open. If a Spanish second home is on your radar, [Vivla's curated portfolio](https://www.vivla.com) across Spain's most desirable destinations is structured precisely for the kind of buyer who wants the upside without taking on the operational complexity of full ownership. ### Costs and fees when buying a house in Spain - URL: https://www.vivla.com/blog/costs-of-buying-a-house-in-spain - Markdown: https://www.vivla.com/blog/costs-of-buying-a-house-in-spain.md - Published: 26 de octubre de 2023 - Categories: real estate - Reading time: 7 min > The advertised price of a property is rarely the real price. Spanish home purchases involve a set of taxes, fees and recurring costs that can add 10–15% to the upfront budget. Here is what you should plan for. Most international buyers underestimate the true cost of buying a home in Spain. The signed price is one number; the cost of getting the keys is another. Between transfer taxes, notary fees, legal advice, mortgage arrangement and ongoing recurring costs, a Spanish property purchase typically adds 10–15% on top of the headline price. This guide breaks down each cost, the typical ranges, and where there's room for negotiation. None of this is meant to discourage — Spanish property remains one of the most attractive markets in Europe — but knowing the full picture in advance avoids surprises at the notary table. #### Upfront taxes (the largest chunk) The biggest single cost on a Spanish purchase is the transfer tax. The exact rate depends on whether the property is new or resale, and on the autonomous community. ##### Resale property: ITP (Transfer Tax) Resale property is subject to ITP (Impuesto sobre Transmisiones Patrimoniales). The rate varies by region: typically 6% in Madrid, 8% in the Balearics for properties under €400k (rising up to 11% above), 10% in Catalonia, 7% in Andalusia. Always check the current rate for the specific region — they change. ##### New build: VAT (IVA) + AJD If buying a new build directly from the developer, you pay 10% IVA plus 0.5–1.5% Stamp Duty (AJD), depending on the region. Total upfront tax is usually similar to or slightly higher than ITP on a resale. #### Notary, registry and legal fees ##### Notary fees Spanish notary fees are regulated and proportional to the property value. For a €500k property, expect €600–€1,200. For €1M, around €1,200–€2,000. The notary's role is mandatory and non-negotiable. ##### Property registry (Registro de la Propiedad) Registering your title in the property registry costs roughly 50–70% of the notary fee — typically €400–€1,500 depending on property value. This step is critical: without registration, your ownership is not formally protected. ##### Legal fees (lawyer) While not legally required, hiring a Spanish lawyer specialised in real estate is essentially mandatory for international buyers. Fees are typically 1% of the purchase price, with a minimum of €1,500–€3,000. They handle due diligence, contract review, document translation and representation at signing if needed. #### Mortgage costs (if applicable) If you're financing the purchase with a Spanish mortgage, expect additional costs: ##### Bank arrangement fee Typically 0.5–1% of the loan amount, charged at signing. ##### Property valuation (tasación) Mandatory before the bank approves the mortgage. Usually €300–€600 for a residential property. ##### AJD (Stamp Duty) on the mortgage Since 2018, AJD on the mortgage is paid by the bank, not the buyer. But check the offer carefully — some banks recover the cost through other fees. ##### Mortgage life insurance Most Spanish banks make mortgage life insurance effectively mandatory. Annual cost varies by age and amount, but plan for €300–€800/year. #### Recurring costs (annual ownership costs) Once you own the property, the annual recurring costs include: ##### IBI (annual property tax) The Spanish equivalent of council tax. Typically 0.4–1.1% of the cadastral value (which is usually 50–70% of market value). For a €500k home, expect €600–€1,500 a year. ##### Garbage collection (basura) €100–€300 per year, depending on the municipality. ##### Community fees (gastos de comunidad) If the property is part of a development with shared areas (pool, gardens, lifts), monthly community fees apply. Range varies widely: €50–€500/month for residential developments, much higher for luxury complexes with concierge. ##### Utilities, maintenance and insurance Electricity, water, gas, internet, plus regular maintenance and home insurance. For a second home rarely used, these can easily total €3,000–€8,000/year. ##### Wealth Tax (Impuesto sobre el Patrimonio) For non-residents, Spanish wealth tax applies on Spanish-located assets above certain thresholds. Rates and exemptions vary by region — Madrid has a 100% rebate, others apply progressive rates from 0.2% to 3.5%. Speak to a Spanish tax advisor before buying. #### How fractional ownership changes the math One of the structural advantages of fractional ownership is that all of these costs are split proportionally. A 1/8 share means 1/8 of the IBI, 1/8 of the community fees, 1/8 of the utilities — and 1/8 of the upfront taxes. The dead-weight cost of owning a home you only use a few weeks a year disappears. Vivla also handles the entire legal and operational layer for you: notary, registry, legal review, taxes, and ongoing management are part of the package, not separate burdens. [Explore Vivla's homes](https://www.vivla.com) if you'd like to see what fractional ownership looks like for the Spanish destination you have in mind. ### Seven elements that turn a home into a high-end property - URL: https://www.vivla.com/blog/seven-elements-high-end-property - Markdown: https://www.vivla.com/blog/seven-elements-high-end-property.md - Published: 4 de octubre de 2023 - Categories: real estate - Reading time: 6 min > What separates a luxury home from an expensive home? Real luxury is structural and sensorial — it's not about price tags but about specific features, design decisions and qualities that compound into a unique living experience. The word "luxury" is overused in real estate. Glossy listings throw it at any property with a gym and a pool. But true luxury homes — the kind that hold their value across decades, that feel different the moment you walk in, that buyers compete for — share a specific set of features that go far beyond price. This article identifies the seven elements that, in our experience curating Vivla's portfolio, separate a genuinely high-end property from a merely expensive one. #### 1. Location: the irreplaceable variable The cliche is true: location is the only thing you cannot change. A high-end property is anchored in a place that is structurally scarce — a beachfront plot with no neighbours, a cliff position with protected views, a corner address in a heritage neighbourhood. The land beneath the home is what determines whether a luxury asset retains value over decades. The corollary: a beautifully built home in a mediocre location is not a high-end property. A modest home in an irreplaceable location often is. When evaluating any luxury property, the location question must be answered first, and the answer must be "impossible to replicate". #### 2. Quality of construction and materials The second non-negotiable is the quality of how the home was built. Stone walls instead of concrete blocks. Solid hardwood instead of veneer. Hand-laid terracotta or natural stone floors. Brass and copper fittings instead of chromed steel. Real plaster walls instead of gypsum board. These choices announce themselves to a buyer who knows what to look for, and their absence is equally obvious. They also age well — a 50-year-old stone house with original features is often more desirable today than a 5-year-old concrete house with luxury finishes that already look dated. #### 3. Architectural integrity and provenance The best luxury homes have a clear architectural concept — they were designed by a specific architect, built in a coherent style, and renovated with respect for that intent. A Mallorca finca should still feel like a finca; a Marbella villa should still feel like a Mediterranean villa; a Madrid apartment should still feel like its 19th-century origins. Beware of properties that have been renovated repeatedly without architectural coherence — features piled on, styles mixed, materials clashing. They tend to lose value as fashions move on. A home with architectural integrity ages with grace. #### 4. Light, views and the relationship with the outside The fourth element is how the home connects to its environment — the natural light it receives, the views it frames, the gardens or terraces that extend it. A luxury home is designed around the best light of the day and the best views from the plot. Rooms are oriented to capture sunrise or sunset; living spaces flow to outdoor terraces that extend the indoor area; window proportions frame views like paintings. Once you know to look for it, the difference is instantly visible. In high-end Mediterranean homes, the outdoor terrace is often as carefully designed as the living room — and sometimes used more. ##### 5. Privacy and acoustic quality Privacy is a structural feature: a home that you cannot see from the road, a plot large enough that neighbours do not invade your daily life, and acoustics that block traffic, music or the sound of a swimming pool. A truly high-end home is silent in the right places — a quality that can only be engineered into the property at the time of construction. ##### 6. Pool, gardens and outdoor design The pool deserves its own mention. A high-end pool is not a backyard rectangle — it is integrated into the architectural composition of the home, often with infinity edges, custom tile, mature landscaping around it, and a clear visual relationship with the main house. Add to this mature gardens (trees take decades to grow), pergolas, outdoor kitchens and shaded terraces — these are the features that turn a Mediterranean home into a place where you actually want to spend full days. #### 7. Professional management and the operational layer The seventh element is invisible but transformative: a professional team running the property. A high-end home that is poorly managed loses its qualities quickly — the pool dirty, the gardens unkempt, the systems failing, the home not ready when you arrive. A high-end home that is professionally managed feels effortless: keys waiting, fridge full, garden in bloom, every system working. This is one of the structural advantages of fractional ownership through a platform like [Vivla](https://www.vivla.com): every home in our portfolio comes with full operational management as a feature, not an afterthought. The home you arrive to is exactly the home you'd expect a luxury property to be — every time. ### Buying a luxury home in Ibiza - URL: https://www.vivla.com/blog/buy-a-luxury-home-in-ibiza - Markdown: https://www.vivla.com/blog/buy-a-luxury-home-in-ibiza.md - Published: 12 de septiembre de 2023 - Categories: real estate - Reading time: 7 min > Ibiza's luxury real estate market is one of the most coveted in the Mediterranean — and one of the most complicated. This guide walks you through the parts of the island worth your attention, the typical prices and what makes the Ibiza market unique. Ibiza has been a luxury real estate destination since the 1970s, but the last decade has transformed it from a seasonal hideaway for European elites into one of the most expensive — and most regulated — property markets in Spain. Strict planning rules, limited new construction, and an international buyer base have driven prices in prime locations to €15,000–€25,000 per square metre and beyond. If you're considering buying a luxury home in Ibiza, this guide covers the areas worth knowing, the realistic price ranges, and the structural features of the Ibiza market that catch many buyers off-guard. #### The luxury triangle: northern Ibiza Most of Ibiza's high-end real estate concentrates in the northeast and north of the island — Sant Joan, Santa Eulalia, Sant Carles, San Lorenzo, San Miguel. The terrain is hillier, the development is sparser, and the views are dramatic. This is where you find the iconic Ibiza luxury villa: a payesa-style farmhouse on a large plot, restored with contemporary interiors, with sea views and pools that frame the Mediterranean horizon. Within this triangle, the most prestigious addresses are around Santa Gertrudis (interior, family-oriented), Santa Eulalia (coastal, more developed), and the area between Sant Joan and Cala Salada (most exclusive, most isolated). Prices for villas in these areas regularly exceed €5–10 million for a quality property. #### The southwest: Es Cubells, Cala Jondal, Es Vedrà The southwest corner of Ibiza, anchored by Es Cubells and Cala Jondal, is the other prime luxury area. The defining feature here is the view — Es Vedrà, the dramatic 400-metre rock that rises from the sea, dominates the horizon from most properties on the cliffs. The area is more dramatic and more cinematic than the north, but also more exposed and more popular with buyers looking for the iconic Ibiza image. Cala Jondal in particular has become one of the most fashionable bays on the island, with Blue Marlin, Tropicana and Yemanja anchoring the daytime scene. Properties here are scarce and expensive — €10 million and up for villas with direct cliff views. #### Ibiza Town and Marina Botafoch — the urban luxury option For buyers who want walkability, a calendar of restaurants and shops, and access to the marina life, Ibiza Town and Marina Botafoch are the alternatives to the villa lifestyle. Apartments in the historic centre of Ibiza Town (especially within Dalt Vila) come with deep heritage and unique architecture but limited modernisation. Apartments in the modern Marina Botafoch development trade heritage for amenities — concierge, gym, pool, direct marina access. Pricing in Marina Botafoch can reach €15,000–€20,000 per square metre for waterfront units, comparable to the most exclusive parts of Mallorca and the Côte d'Azur. #### The structural features of the Ibiza market A few aspects of the Ibiza market that catch many international buyers off-guard: ##### 1. Strict urban planning Most of the island is protected (rural land), and planning permission for new construction is severely limited. Existing legal villas are therefore structurally scarce, which supports prices but also means "new build" rarely exists in prime areas. ##### 2. The legality question A non-trivial percentage of Ibiza properties have legal irregularities — extensions, pools, terraces built without permission. A serious buyer always commissions a urbanistic certificate ("cédula urbanística") to confirm the legal status. This is non-negotiable. ##### 3. Tourist licence (VT) If you intend to rent the property, a tourist licence is required — and the moratorium on new tourist licences in Ibiza means that a property already with a VT licence is significantly more valuable than an identical one without. Check the licence status before any offer. ##### 4. Seasonality The Ibiza property market is highly seasonal. Most transactions happen between October and May, when sellers are less distracted and inventory is broader. Summer is for showings, not closings. #### The Vivla alternative: fractional Ibiza For many international buyers, the math of buying a luxury home in Ibiza outright doesn't work — €5–10 million for a property used 4–8 weeks a year is hard to justify. The Vivla fractional model is built for exactly this case: you own 1/8 to 1/4 of a curated, certified, professionally managed Ibiza luxury home, with all the legal and operational complexity already solved. For owners who want the Ibiza experience and the asset without the dead capital and the property-management headache, fractional ownership is increasingly the answer. [Explore Vivla's Ibiza portfolio](https://www.vivla.com) to see the homes the team has selected and exactly how a fraction would fit into your life. ### Reasons to buy a house in Menorca - URL: https://www.vivla.com/blog/reasons-to-buy-a-house-in-menorca - Markdown: https://www.vivla.com/blog/reasons-to-buy-a-house-in-menorca.md - Published: 5 de septiembre de 2023 - Categories: destinos - Reading time: 6 min > Menorca is the Balearic that most people know least and the one most people fall hardest for. Here are the reasons families are choosing it as the place for their Mediterranean second home. For decades, Menorca has lived in the shadow of its more famous siblings: Mallorca's size and Ibiza's reputation. That has been Menorca's good fortune. The island has stayed quiet, traditional, protected — and that's exactly why a growing number of well-informed second-home buyers are choosing it over the rest of the archipelago. This article walks through the reasons Menorca makes sense as a second-home destination — beyond the obvious beauty. #### 1. UNESCO Biosphere Reserve protection — natural beauty preserved Menorca was declared a UNESCO Biosphere Reserve in 1993, and the protection has been real, not symbolic. Coastal building is severely restricted, large hotel developments are essentially impossible, and 40% of the island is protected natural area. The result is the cleanest Mediterranean coastline in the Balearics — pine forests running directly into the sea, beaches accessible only on foot, and a horizon largely untouched by buildings. For a second-home buyer, this protection is what makes Menorca's beauty bankable. Unlike other Mediterranean destinations where overdevelopment has eroded the original appeal, Menorca's natural environment is locked in by law. #### 2. The beaches — the best in the Balearics, and it's not close Cala Macarella, Cala Macarelleta, Cala Mitjana, Cala en Turqueta, Cala Pregonda. These names belong to a roster of beaches that, in any other part of Europe, would be world-famous. In Menorca, they're the second tier. The water is cleaner than anywhere in Mallorca or Ibiza, the sand is whiter, and many of the best beaches require a 30-minute walk through pine forest to reach — which is why they remain quiet even in August. For families with young children, this is a gift: beaches without crowds, a calm sea, and a rhythm of life that's now rare on the Mediterranean. #### 3. Mahón and Ciutadella — two cities, two characters Most Mediterranean islands are anchored around a single capital. Menorca has two, on opposite ends, with very different characters. ##### Mahón The capital, on the eastern side. The harbour is the second-largest natural deep-water harbour in the world. The architecture is influenced by 18th-century British rule (Menorca was British for almost a century), giving Mahón a unique blend of Mediterranean and Georgian styles. ##### Ciutadella The historic capital, on the western side. Older, more aristocratic, more Catalan. Sunset over the port, with the cathedral lit by the last light, is one of the most beautiful sights in the Balearics. Owning a second home in Menorca means having both as backyards — two completely different evenings out, twenty minutes apart by car. #### 4. Talaiotic culture — 4,000 years of history Menorca has more megalithic monuments per square kilometre than anywhere else in Europe. The talaiotic culture, which flourished here from 1300 BC to 100 BC, left taulas (T-shaped stone monuments), navetes (burial chambers shaped like upturned ships) and talaiots (watchtowers) scattered across the entire island. UNESCO added Menorca's talaiotic sites to the World Heritage List in 2023, recognising what archaeologists have long known: this is one of Europe's most important prehistoric landscapes. For a second-home owner with curiosity, the island offers a depth of cultural exploration that goes far beyond the beach. #### 5. The island that ages well Menorca's combination of preserved nature, manageable size (you can drive across it in 90 minutes), excellent food, low crime and tight-knit community has made it the Balearic that ages best for second-home owners. Ibiza burns bright in August and quiets afterward; Mallorca is huge and varied; Menorca is the steady, year-round option that families return to for decades. If a Menorca home is on your radar, [explore Vivla's portfolio](https://www.vivla.com) in the island's most prized locations. From traditional fincas to modernist seaside villas, the homes are selected for owners who appreciate exactly what makes Menorca different. ### Madrid is the place to own a second home - URL: https://www.vivla.com/blog/madrid-is-the-place-to-own-a-second-home - Markdown: https://www.vivla.com/blog/madrid-is-the-place-to-own-a-second-home.md - Published: 22 de agosto de 2023 - Categories: destinos - Reading time: 5 min > The Spanish capital was once an afterthought for international second-home buyers — overshadowed by Barcelona for design, by the Costa del Sol for sun, by Ibiza for lifestyle. That has changed. Five years ago, the question "why Madrid?" was a fair one. Today, it's not. The capital has become one of the most dynamic real estate markets in Europe, attracting capital from Latin America, Northern Europe and the United States in volumes that didn't exist a decade ago. The reasons are structural, and they're not going away. This article looks at why Madrid is now a serious answer to the question of where to own a second home — and why some of the most informed buyers in the world are voting with their wallets. #### The macro story: Madrid's transformation since 2018 Several forces converged to reposition Madrid on the European map. The political and economic stability of Spain compared to other parts of Europe; the relative bargain on property compared to London, Paris or Amsterdam; the explosion of the Spanish startup and tech ecosystem; and a tax framework that has been notably friendly to high-net-worth individuals (the wealth tax exemption in the Comunidad de Madrid, in particular, has been a magnet). The result has been a reshaping of districts: Salamanca, Chamberí, Justicia and Almagro have been transformed by a wave of restoration and luxury retail; Las Letras and Lavapiés have become design destinations; and the city's restaurant scene has shifted from "good" to "world-class". #### Why a second home in Madrid (and not just anywhere) A second home in Madrid is a different proposition from one in Ibiza or Marbella. You're not buying for the beach. You're buying for everything else: culture, food, sport, family, business and the gateway to the rest of Spain. The city has the highest density of museums in Europe (the Prado, Reina Sofía, Thyssen, plus a dozen others), restaurants that span every style and price point, the best Spanish football, opera, theatre and a calendar of cultural events that would take a decade to exhaust. And it's two hours from any beach, two hours from the mountains, and three hours from Lisbon, Barcelona and Seville by AVE high-speed train. #### The neighbourhoods that matter ##### Salamanca The most prestigious district. Wide streets, neoclassical buildings, Spain's most expensive retail (Calle Serrano, Calle Ortega y Gasset). If you want classic Madrid luxury, this is where it lives. ##### Chamberí Salamanca's quieter, slightly more bohemian neighbour. Cafés, independent boutiques, a great restaurant scene and a residential feel that makes it ideal for long stays. ##### Justicia / Chueca The cosmopolitan heart of central Madrid. Vibrant, walkable, with the nightlife and the energy. ##### Almagro Quietly elegant, full of embassies and small literary cafés. One of the best places in the city for an evening walk. ##### Retiro Adjacent to the city's most beautiful park, Retiro is the choice for families who want green space without leaving the centre. #### What about the climate (the elephant in the room)? Madrid has the strongest seasons of any major Spanish city. Winter is cold and dry; summer is hot and dry. The famous Madrid saying — "three months of winter and nine months of hell" — is a joke that locals enjoy because there's some truth to it. But here's the upside: Madrid is empty in August. If you can structure your stays around the spring (March–June) and the autumn (September–November), you have one of the most pleasant climates in Europe — sunny, dry, mild — and the city at its best. Winter is brisk but lit by some of the longest hours of sunshine in continental Europe. #### Buying a Madrid pied-à-terre with Vivla Madrid is the kind of city where many international families want a place — but rarely use it more than a few weeks a year. That's exactly the case where fractional ownership shines: you get the address, the home and the lifestyle without the cost of a fully empty pied-à-terre. If a Madrid second home is on your radar, [explore Vivla's properties](https://www.vivla.com) in the city's prime districts. We've curated apartments and townhouses in Salamanca, Chamberí and Almagro for owners who want Madrid as part of their life — without making it their whole life. ### Water activities on the Costa Brava - URL: https://www.vivla.com/blog/water-activities-costa-brava - Markdown: https://www.vivla.com/blog/water-activities-costa-brava.md - Published: 15 de agosto de 2023 - Categories: experiences - Reading time: 5 min > The Costa Brava's coastline is one of the most dramatic in the Mediterranean — and most of its best places are only reachable from the water. Here's how to make the sea the centre of your stay. The Costa Brava — "the wild coast" — earned its name for a reason. The Catalan coastline north of Barcelona is a chain of rocky coves, hidden caves, pine-covered headlands and turquoise inlets that look more like the Greek islands than the rest of mainland Spain. Most of the best beaches are tiny, walking-only or boat-only, which is exactly what makes them special. If you're planning a stay on the Costa Brava — or considering a second home there — the water-based experiences below are the ones that justify the trip. None of them require professional skill, and most of them are family-friendly. #### 1. Snorkelling and scuba diving — the Medes Islands The Medes Islands, a small archipelago off the coast of L'Estartit, are one of the best diving destinations in the Mediterranean. The waters around the islands are a marine reserve since 1990, and the underwater life — groupers, octopus, moray eels, schools of barracuda — is far more abundant than anywhere else along the Spanish coast. For non-divers, snorkelling tours leave from L'Estartit several times a day in summer, and you can see a lot just by floating on the surface above the protected reef. For certified divers, dive shops in L'Estartit and L'Escala offer guided trips to the best wall dives and caves. #### 2. Sea kayaking — the hidden coves of Cap de Creus Cap de Creus is the easternmost point of the Iberian peninsula and one of the most surreal landscapes on the Mediterranean — twisted volcanic rock, deep caves, and dozens of secret coves only accessible from the sea. Sea kayaking from Cadaqués or El Port de la Selva takes you into the parts of the coast that no road can reach. Half-day rentals are easy and beginner-friendly. The classic route is from Cadaqués around to Cala Jugadora — about 4 hours of paddling with multiple stops at hidden beaches. Bring a snorkel mask: the water clarity inside the coves is exceptional. #### 3. Sailing the Costa Brava — Begur, Palamós, Sant Feliu The classic Costa Brava experience is renting a small boat for a day and following the coast from cove to cove. You don't need a sailing licence for most rental boats up to 6 metres — the marinas at Begur (Aiguablava), Palamós and Sant Feliu de Guíxols all have day-rental options. The route from Aiguablava south takes you past Cala Sa Tuna, Aiguafreda, Sa Riera and the famous islands of the Illes Medes. From Palamós, head north to Cala Castell and Cala Estreta — accessible only from the water and arguably the most beautiful coves on the entire coast. #### 4. Stand-up paddleboarding and inflatable boats For a quieter, slower way to explore, stand-up paddleboarding (SUP) on the calm summer mornings is one of the most pleasant ways to start a Costa Brava day. Most beaches with rental kiosks (Cala Montó, Llafranc, Tamariu) offer SUP boards by the hour. For families with younger kids, the small inflatable boats with electric motors (no licence required, available from rental kiosks at most marinas) let you reach quiet coves with picnic gear, snorkelling kit and an ice box. A perfect family day on the water. #### Why the Costa Brava rewards owning over visiting The Costa Brava is one of those places where staying twice changes everything: on the second visit, you know which cove the wind doesn't reach, which restaurant has the best calçots, which marina rents the best boat. By the third or fourth visit, the coast feels like home. That's exactly the case where a second home on the Costa Brava starts to make sense — and exactly the case where Vivla's fractional model fits naturally. [Explore Vivla's homes on the Costa Brava](https://www.vivla.com) if you want to make this coast a recurring part of your life rather than an occasional escape. ### Luxury Homes in Mallorca: The 2026 Buyer's Guide - URL: https://www.vivla.com/blog/luxury-homes-in-mallorca - Markdown: https://www.vivla.com/blog/luxury-homes-in-mallorca.md - Published: 9 de agosto de 2023 - Categories: destinos - Reading time: 11 min > Mallorca's luxury home market is no longer the holiday-home sideshow it was twenty years ago. With Engel & Völkers tracking average prices at €4,673/m² in Q1 2026 and the southwest corridor above €7,000/m², this is now one of Europe's most established prime residential markets. Here's the 2026 buyer's guide — by zone, by regulation, and with the fractional alternative. Mallorca's luxury home market in 2026 is no longer the holiday-home sideshow it was twenty years ago. It is now one of Europe's most established prime residential markets, with German, British, Scandinavian and increasingly American capital pushing prices in the southwest of the island past €7,000 per square metre. Engel & Völkers, the dominant agency in the Balearics with 35 years on the ground, recorded an average residential price of €4,673/m² in Q1 2026 — a 3.75% year-on-year rise that points to a mature, low-volatility market rather than a bubble. Over 50% of all transactions in 2024 closed at or above the €1 million mark. This guide breaks the island down by zone, explains what each one actually sells, surfaces the regulatory shifts a serious buyer needs to know about, and finishes with a model — fractional ownership — that solves the asymmetry between what these homes cost and how much time most owners spend in them. #### Why does Mallorca's luxury market keep growing? Three structural forces explain why prices keep climbing: limited supply, internationally diversified demand, and protective regulation that constrains new construction. On the supply side, Mallorca's coastline and most of its mountain ranges are protected. The UNESCO listing of the Serra de Tramuntana since 2011, the strict urban plans of the Consell de Mallorca, and the moratorium on new tourist licences mean that the stock of legally rentable and buildable luxury homes is essentially fixed. New builds at the top end are rare, hyper-priced, and absorbed in months. On the demand side, the buyer pool is diversified across nationalities — German buyers historically dominate, the British market remained strong post-Brexit thanks to non-lucrative visas, the Scandinavian and Swiss segments expanded after 2020, and American buyers became visible from 2023 onwards as the dollar–euro dynamic and remote work normalised second-home purchases in Europe. No single market dominates, which removes the boom-bust risk that single-buyer dependencies create. The result: Engel & Völkers' own price index shows Mallorca up roughly 73% over the last ten years, with average real returns of around 5% annually and no boom-bust cycle. Reiderstad Invest's 2026 base case forecasts a further 3–5% rise in average prices, with prime southwest and waterfront stock at 4–6%. #### Where are Mallorca's luxury homes concentrated? Mallorca's luxury inventory clusters in four distinct geographies, each with its own architectural language, buyer profile and price logic. ##### The Serra de Tramuntana — heritage and prestige The Tramuntana is where Mallorca's most expensive trophy homes live. This UNESCO-protected mountain range runs along the northwest coast from Andratx to Pollensa, and the planning regime here is among the strictest in Europe. Towns like Deià (where Robert Graves lived for decades), Valldemossa, Sóller, Banyalbufar and Estellencs combine dramatic landscape with effective bans on new construction. What you buy in the Tramuntana is rarely new. The signature property is a centuries-old finca — a working farmhouse — restored with contemporary interiors but preserving the original stone walls, sabina beams, terracotta floors and dry-stone terracing. These are the homes that command €5M+ regularly and that international magazines photograph. They are also the slowest market: low turnover, motivated sellers are rare, and broker relationships matter more than listing portals. Sir Richard Branson's Son Bunyola hotel in Banyalbufar, opened in 2023, is the kind of signal that defines the area's positioning: ultra-luxury hospitality and residential converging on a coastline of 50 kilometres with maybe a few hundred prime homes. ##### The southwest — Andratx, Calvià, Bendinat, Portals The southwest of Mallorca is the cosmopolitan capital of the island's luxury market and the zone where 2026 prices have moved most aggressively. Engel & Völkers tracks the corridor of Andratx, Calvià and Bendinat above €7,000 per square metre — significantly higher than the island average — driven by yacht-friendly infrastructure, proximity to Palma (15–25 minutes by car), and the international community that lives there year-round. Port d'Andratx remains the marquee address: a deep natural harbour ringed by villas with direct sea views, restaurants at the level of Madrid and Barcelona, and a yacht traffic profile closer to the Côte d'Azur than to traditional Spanish coastline. Puerto Portals, fifteen minutes west of Palma, anchors the social scene with marina-front apartments and the highest concentration of luxury brands on the island. Bendinat and Costa d'en Blanes offer detached villas in gated communities with golf and sea views. This is the zone where buyers prioritise turnkey: a recently built or fully renovated villa, smart home systems, a pool, a chef's kitchen, and the ability to land and live within 48 hours of closing. ##### Palma de Mallorca — the urban luxury bet Palma is the only major Spanish city where you can buy a luxury home, dock a boat, and reach a UNESCO mountain range within twenty minutes. The old town has been transformed over the last decade: 17th- and 18th-century palacios converted into boutique hotels and private apartments, Michelin-starred restaurants (the island has 10 stars as of 2025), and direct flights to every major European capital from Son Sant Joan airport. The luxury inventory in Palma splits into two products. In the historic centre — around La Lonja, El Born, Sa Calatrava and the cathedral — what trades are palace apartments with private patios, original stonework, and prices that have followed the southwest's curve upwards. In Son Vida, the gated golf community above the city, you find villa stock: large plots, mature gardens, panoramic views over the bay of Palma, and the highest concentration of expat permanent residents on the island. Son Vida is also where contemporary new-builds with sustainable features and smart home technology concentrate — the segment of the market that Engel & Völkers identifies as growing fastest among buyers under 50. ##### The north — Pollensa, Alcúdia and the foothills The north of Mallorca has a different rhythm. Pollensa and its port town are the family choice: longer beaches, a slower social scene, the Pollensa Festival (one of Spain's best classical music events, running since 1962), and a buyer profile skewed British and northern European. Prices are lower than the southwest but the inventory is higher quality on a per-euro basis, especially in the countryside between Pollensa and Sa Pobla — the foothills of the Tramuntana where traditional fincas sit on large plots with mountain and bay views. Alcúdia adds the longest sandy beaches on the island and a Roman archaeological context that the southwest cannot match. For buyers whose use case is family-driven — children, sports, multiple weeks at a time in summer — this zone consistently outperforms expectations. ##### The east coast — quieter and undervalued Calas de Mallorca, Porto Cristo, Cala d'Or and the eastern coast are typically overlooked by international buyers in favour of the more famous west and north. That neglect has kept the area authentically Mallorquín and arguably better value per euro spent. Working farms still operate, beaches haven't been resort-developed at the scale of the south, and homes feel rooted in the landscape rather than imposed on it. For buyers comfortable trading social density for authenticity, this is the smart play. #### What's changing in Mallorca's regulation in 2026? Three regulatory shifts shape the 2026 market and shouldn't be ignored. First, tourist rental licences are frozen across most of the island. The Consell de Mallorca extended the moratorium on new licences in 2024, which means properties that already hold a valid ETV (Estancias Turísticas en Viviendas) licence trade at a premium of 10–20% over equivalent unlicensed stock. If your buying logic depends on rental yield, this is the single most important diligence question. Second, the Tramuntana planning regime has tightened further. Renovating an existing finca is feasible, but expanding its footprint, adding pools, or building anything new requires multi-year permitting processes with high failure rates. Reputable buyers either purchase already-renovated stock or budget conservatively for three-year renovation timelines. Third, the IRNR (non-resident income tax) and Spanish wealth tax (impuesto sobre el patrimonio) frameworks were both adjusted in 2024–2025 in ways that affect high-value second homes. The Balearic regional government applies its own wealth tax bonus, which materially changes the maths versus, for example, Madrid or Andalusia. A specialised tax advisor on the ground is non-optional for purchases above €1.5M. #### How much does a luxury home in Mallorca actually cost? The honest answer is: it depends on the zone, and the 2026 price floors are higher than most buyers expect. A renovated finca in the Tramuntana with three to four bedrooms, a pool, and meaningful land typically starts at €3–4M and reaches €15M+ for trophy properties in Deià, Valldemossa or Estellencs. A turnkey villa in the southwest — Port d'Andratx, Bendinat, Son Vida — ranges from €2.5M to €10M+ depending on sea views, plot size and condition. A historic apartment in Palma's old town starts around €1.2M for two bedrooms and reaches €5M+ for the largest restored palace floors near the cathedral. In the north, a traditional finca in the Pollensa countryside with land starts around €1.8M and the upper range is more compressed than in the south — call it €6–7M for the best stock. The east is the value play: comparable homes trade 20–30% below the equivalent in the southwest. These numbers exclude purchase costs, which in the Balearics run to roughly 10–13% on top of the price: ITP (transfer tax) up to 13% on used homes above €1M, notary, registry, legal fees, and the Plusvalía Municipal where applicable. #### What about fractional ownership in Mallorca? For buyers who want a Mallorca address without locking €3M of capital into a home they use six weeks a year, fractional co-ownership has become a serious option in 2026. The model: a curated luxury home is held by an LLC (typically a Spanish SL), divided into eight registered shares, and each shareholder owns 1/8 of the property outright with rights to roughly 45 days of personal use per year. Vivla is one of the operators that have made this category mainstream in Spain. The company already runs co-ownership homes in Ibiza, Menorca, Formentera, Costa de la Luz, Cantabria, Costa del Sol, Madrid and Baqueira, and Mallorca is a priority expansion zone for the team. Fractions in Vivla's existing portfolio currently start from around €140,000 for a 1/8 share in Cantabria up to €485,000 in central Madrid, which gives you a clean reference for what a Mallorca fraction will look like once homes go live on the island. What you get with a fractional model is the asset (registered, sellable, appreciating), the address (curated villas in prime zones), and the absence of the operational drag — cleaning, maintenance, garden, pool, insurance, taxes — that makes underused second homes such poor uses of capital. What you give up is the right to use the home whenever you want and the right to redecorate it. For most buyers whose realistic usage is 4–6 weeks a year, the trade is favourable. If a Mallorca home is on your radar but the full-ownership maths don't work, [tell the Vivla team where on the island you'd want to be](https://www.vivla.com/destinations) and they can walk you through what a fraction of a curated Mallorca property would look like. ### Concerts in Ibiza: the island's live music scene - URL: https://www.vivla.com/blog/concerts-in-ibiza - Markdown: https://www.vivla.com/blog/concerts-in-ibiza.md - Published: 25 de julio de 2023 - Categories: experiences - Reading time: 5 min > Ibiza is famous for its DJs, but the island's live music scene is one of the best-kept secrets of the summer — from intimate jazz nights to international stadium tours. When most travellers think of Ibiza music, they think of superclubs and DJ residencies. That scene is real, world-class, and deserves its reputation. But it's not the whole story. Ibiza has a parallel live music ecosystem — concerts, jazz nights, classical performances, intimate gigs — that's far more varied than its dance-music reputation suggests. This guide is a year-round map of where to see live music on the island, from the major summer concerts to the small venues that play all year. #### Ibiza's main concert venues ##### Ibiza Velódromo (Estadio Can Misses) The largest open-air venue on the island, used for major international tours during summer. Past line-ups have included Lenny Kravitz, Bryan Ferry and Spanish stars like Joaquín Sabina and Joan Manuel Serrat. Capacity around 12,000. ##### Hard Rock Hotel Ibiza The hotel's open-air stage on Platja d'en Bossa hosts a summer-long programme of pop and rock acts, often free for hotel guests and ticketed for non-residents. Past performers: Anastacia, James Blunt, OneRepublic. ##### Ibiza Botánico Bistró (in Atzaró) The agroturismo Atzaró, in the island's interior, has become one of the most beautiful concert venues in the Balearics. Their summer programme spans flamenco, jazz, world music — performed under the trees of an organic estate, dinner included. Reserve early. #### The jazz and intimate scene ##### Lío Ibiza (Marina Botafoch) Cabaret meets fine dining, with live performances every night during the season. Less a concert venue than a theatrical experience — but the calibre of vocalists, dancers and musicians on stage is among the highest on the island. ##### Pikes Ibiza (Sant Antoni) The boutique hotel that famously hosted Freddie Mercury's 41st birthday and continues to host weekly live music in the bar — jazz, soul, classic rock covers. The atmosphere is intimate, the cocktails are excellent, and you might stand next to a celebrity. ##### Casa Maca The boutique hotel above Sa Talaia organizes occasional acoustic sets in their garden — sunset, candles, vinyl music between sets. One of the most beautiful evenings on the island. #### Festivals and seasonal events ##### Ibiza Light Festival (May) A multi-day festival combining light installations, live music and DJ sets across multiple venues in Ibiza Town. Marks the start of the season and tends to be free for most events. ##### Ibiza Jazz Festival (September) One of the highlights of the cultural calendar. Performances at Dalt Vila and around the city in the most beautiful weather of the year. International line-ups, with past editions featuring Diana Krall, Wynton Marsalis and Pat Metheny. ##### Ibiza Classical (May & October) The island's classical music programme, performed in the cathedral of Dalt Vila and in monastic settings around the island. The acoustics inside the cathedral are remarkable. #### What about the DJs? The DJ scene is its own universe and deserves a dedicated guide. The short version: the legendary residencies are at Pacha (downtown Ibiza Town), Hï Ibiza and Ushuaïa (Platja d'en Bossa), DC10 (near the airport), and Amnesia (San Rafael). The opening parties happen in late May, the closing parties in early October, and the season peaks in August. For something different from the superclub experience, look at the boat parties at sunset (Pinta Pirata, El Bigotes), the smaller bohemian venues like Las Dalias night market, or the upstairs sessions at Pikes — where the music style and crowd are wildly different from what's happening twenty kilometres south on the coast. #### Music as a reason to spend more time One of the unexpected pleasures of owning a place in Ibiza is being able to plan stays around the music calendar — a Friday concert at Atzaró, a Saturday DJ set at DC10, Sunday lunch with live jazz at Casa Maca. The weeks shape themselves. If owning a home that lets you live this rhythm for a few weeks each year sounds like the right kind of second home, [explore Vivla's properties in Ibiza](https://www.vivla.com) — and consider how the island's music scene can become part of your year. ### Five top long-stay destinations in Spain - URL: https://www.vivla.com/blog/five-top-long-stay-destinations-in-spain - Markdown: https://www.vivla.com/blog/five-top-long-stay-destinations-in-spain.md - Published: 14 de julio de 2023 - Categories: destinos - Reading time: 6 min > A weekend break is one thing. Spending several weeks — or a full season — in a place is another entirely. These are five Spanish destinations that reward staying long. Remote work, retirement, sabbaticals, slow travel — there are more reasons than ever to spend extended time in a single place rather than rushing between landmarks. Spain has long been one of Europe's favourite long-stay destinations, but not every region is equally suited for it. The places below check the boxes that matter for a month or longer: reliable connectivity, year-round liveability, food and culture that don't get exhausted in a week, and proximity to airports for the inevitable visits home. They are also five of the most rewarding places in Spain to call home for an extended period. #### 1. Mallorca — the year-round Mediterranean Mallorca is the rare Mediterranean destination that works in every season. In summer it's the playground of northern Europe; in autumn the Tramuntana mountains light up in copper and gold; in winter the almond blossom in February is a spectacle worth coming for. Palma's old town is one of the most beautiful in Spain, and the digital nomad infrastructure (coworking, fibre, English-speaking professionals) is among the most developed in the country. For long stays, the western coast (Sóller, Deià, Valldemossa) gives you the slow Mediterranean. The east coast (Cala d'Or, Porto Cristo) gives you family-friendly beaches and quiet villages. #### 2. Ibiza — beyond the summer cliché Ibiza out of season is one of the best-kept secrets in the Mediterranean. Between October and May, the island slows down to a pace that feels almost prehistoric — empty beaches, hiking trails through pine forests, long lunches at [payeses restaurants](https://www.vivla.com/blog/buy-a-luxury-home-in-ibiza), and the kind of light that has drawn artists for a century. Long-stay Ibiza is for people who want the legendary lifestyle without the August intensity. The infrastructure is excellent, flights to mainland Europe are short and frequent, and the international community is established enough to make you feel at home from day one. #### 3. Costa Brava — proximity, food, design One hour north of Barcelona by car, the Costa Brava is the long-stay destination for people who want big-city access plus Mediterranean coastline. The towns of Cadaqués, Begur and Calella de Palafrugell are some of the most photographed in Spain. The food scene is world-class — the Roca brothers, Massimo Bottura's friends, generations of Catalan tradition meeting modernist technique. And then there's the design. Cap de Creus, the easternmost point of Iberia, was Salvador Dalí's home for fifty years. The light, the wind, the rocky coves — once you spend a month here, you understand why. #### 4. Cantabria — green Spain at its most authentic For the long-stay traveller who's already done Andalusia and the Mediterranean, Cantabria is a revelation. Green hills running into the Atlantic, traditional cuisine that puts the Basque Country on notice, surfing beaches in Liencres and Somo, and small towns like Comillas and Santillana del Mar that look unchanged since the 19th century. Summers are mild (25°C is a hot day), winters are wet but not severe, and the property prices are a fraction of what you'd pay on the Mediterranean. For families looking for nature, hiking, surfing and an authentic Spanish experience away from the crowds, Cantabria is hard to beat. #### 5. Sotogrande — for the long-stay luxury seeker Spain's most exclusive private residential community, Sotogrande is structured as if it were designed for long stays: golf, polo, sailing, an international school, fine dining, beach club, and a level of privacy that's rare on the Mediterranean. The summer is intense but the shoulder seasons (May, June, September, October) are ideal — perfect weather, no crowds, fully booked life. Vivla has homes in all five of these destinations. If you're considering a long-stay base in Spain — or a series of long-stay rotations across the country — [talk to our team](https://www.vivla.com) about the homes available and which ones match your lifestyle. ### The best activities in Ibiza beyond the beach - URL: https://www.vivla.com/blog/activities-in-ibiza - Markdown: https://www.vivla.com/blog/activities-in-ibiza.md - Published: 4 de julio de 2023 - Categories: experiences - Reading time: 6 min > Ibiza's reputation precedes it — superclubs, day boats, beach clubs. But the island that long-term residents and second-home owners keep coming back for is a different one. These are the experiences that show you that Ibiza. For someone visiting Ibiza for the first time, the easy itinerary writes itself: Ushuaïa, Pacha, Blue Marlin, Cala Comte, repeat. It's a great week. But it's also a tiny slice of what the island offers — and it's not the slice that's drawing the most discerning second-home buyers to Ibiza in 2026. The Ibiza experiences below are the ones the island's locals, long-term residents and frequent guests recommend when asked what makes the island truly special. They're spread across all twelve months of the year, and most of them have nothing to do with electronic music. #### 1. The hippy markets — the original Ibiza spirit, still alive The Ibiza hippy market scene started in the late 1960s and somehow survived the decades of mass tourism that followed. Las Dalias (Sant Carles) on Saturdays and the Punta Arabí market (Es Canar) on Wednesdays are the two big ones — handmade jewellery, vintage clothing, organic food, live music, and the kind of bohemian energy that originally put Ibiza on the international map. Las Dalias also runs a Saturday-night market on the same site through July and August, lit by hundreds of paper lanterns. It's one of the most beautiful nights you can have on the island. #### 2. Hiking the north — Ibiza's hidden interior The north of Ibiza is essentially a different island from the south: pine forests, dramatic cliffs, almost no development, and a network of well-marked hiking trails. The walk from Cala d'en Serra to Cala Xuclar takes you along some of the most unspoiled coastline in the Balearics. The route up to Sa Talaia, the highest point of the island (475 m), gives you a 360° view that on a clear day reaches Mallorca. Hiking on Ibiza is best from October to May. In summer the heat makes it punishing — go for sunrise hikes or save it for the shoulder seasons. #### 3. Sailing to Es Vedrà and Formentera Ibiza's coast is best understood from the water. A day on a small sailing boat from San Antonio to Es Vedrà — the dramatic 400-metre rock that rises from the sea south of the island — is one of those experiences that justifies coming to Ibiza on its own. Es Vedrà has a mythology that's grown over centuries: visible from Cala d'Hort, allegedly home to sirens, the third most magnetic point on Earth (depending on who you ask). The longer day option is sailing to Formentera. From the port of San Antonio or Marina Botafoch, you can be in the turquoise water of Espalmador in 90 minutes. Lunch at Beso Beach, a swim at Ses Illetes, sunset back in Ibiza. The classic Balearic day. #### 4. Dalt Vila — UNESCO Ibiza Town at sunset Dalt Vila is the fortified old town of Ibiza, founded by the Phoenicians more than 2,500 years ago and continuously inhabited ever since. UNESCO added it to the World Heritage List in 1999 for its remarkably preserved 16th-century Renaissance walls, designed by Giovan Battista Calvi. Walk up at sunset, around 7pm in summer. Stop at La Torre del Canónigo for a glass of wine on the rampart terrace, then continue up to the cathedral square for the city's best panoramic view. Dinner options inside the walls range from the casual (S'Escalinata) to the celebrated (La Bodega). #### 5. The slow side — agroturismo, salt flats, almond blossom If you're staying long enough, the experiences that show you the island's slow rhythm are the ones you'll remember most. ##### Agroturismo lunches The interior of Ibiza is dotted with traditional fincas converted into restaurants — Can Domo, Can Pere, Can Burgos. Long lunches under olive trees, organic produce, slow food. Reserve in advance. ##### Ses Salines salt flats The southern tip of Ibiza is a protected nature park where pink salt flats meet beaches and pine forests. The salt has been harvested here since Phoenician times. Walk or bike the trail at dawn — flamingos in winter, herons year-round. ##### Almond blossom (early February) For two weeks in late January and early February, Ibiza's almond trees bloom and the interior turns white and pink. It's one of the island's best-kept secrets and the ideal reason to visit out of season. For more on the island's evolving year-round life, see our piece on [buying a luxury home in Ibiza](https://www.vivla.com/blog/buy-a-luxury-home-in-ibiza). ### Best beaches in Formentera - URL: https://www.vivla.com/blog/best-beaches-in-formentera - Markdown: https://www.vivla.com/blog/best-beaches-in-formentera.md - Published: 21 de junio de 2023 - Categories: destinos - Reading time: 5 min > Formentera has the clearest water and whitest sand in the Mediterranean. These are the beaches that justify the reputation — and the ones the locals actually go to. If you've ever seen a photo of turquoise water in Europe and assumed it was Photoshopped, you might have been looking at Formentera. The southernmost of the Balearic Islands has water clarity that genuinely competes with the Caribbean — the result of a Posidonia oceanica seagrass meadow, declared a UNESCO World Heritage Site, that filters and oxygenates the surrounding sea to a transparency unique in the Mediterranean. The island is small (just 19 km long) and the beaches are accessible by bike, scooter or short drive. Below are the ones to prioritise — from the postcard classics to the quieter coves that locals still hold close. #### Ses Illetes — the most photographed beach in Spain Ses Illetes is the iconic Formentera image: a thin strip of white sand stretching into shallow turquoise water, with views to the small uninhabited islets of S'Espalmador and Es Vedrà in the distance. It's regularly ranked among the top 10 beaches in the world by Travel + Leisure and TripAdvisor. Go early — by 11am the sunbeds at Juan y Andrea, Es Ministre and Beso Beach are full and the parking is impossible. Park near the Estany Pudent natural park entrance and walk in. The eastern side of Ses Illetes (facing the Mediterranean) tends to have calmer water than the western side. #### Cala Saona — the family-friendly favourite Cala Saona is the wide, sandy bay on the west coast that families return to year after year. It's protected from the prevailing wind, the descent into the water is gentle, and the cliffs that frame the bay glow orange in the afternoon light. The bay has two restaurants worth knowing: the historic Cala Saona Hotel terrace for an aperitif at sunset, and the more casual chiringuitos along the sand for the all-day option. Sunset here is one of the best on the island — the sun drops directly into the sea between the cliffs. #### Migjorn — the long, quieter alternative Platja de Migjorn is the longest beach on the island, running for 5 kilometres along the southern coast. Because of its size, it never feels crowded — even in August, you can walk for ten minutes and find your own stretch of sand. Migjorn is divided into named sections: Es Còdol Foradat, Es Mal Pas, Es Arenals. Each has its own character, from rocky stretches with crystal pools to wide-open sand that's perfect for long walks. The chiringuitos along Migjorn — Lucky, Vogamarí, Blue Bar, Real Playa — are some of the most legendary on the island, especially Blue Bar at sunset for the techno-meets-Caribbean vibe that defines Formentera nights. #### Es Pujols and the eastern coves Es Pujols is the closest thing Formentera has to a resort town: the only place on the island with proper nightlife, a long sandy beach, and a marina with restaurants. It's the easiest place to base yourself if you want walkable infrastructure. ##### Cala En Baster A small rocky cove on the northeast coast, popular with locals because it's almost never busy. The water here is some of the clearest on the island — and there are caves carved into the cliff that you can swim into. ##### Es Caló de Sant Agustí A tiny fishing port turned beach, with the dark wooden boat ramps that have become a Formentera trademark. Limited sand but enormous charm — and one of the best calamari restaurants on the island in Pascual. #### When to go and how to make it count Formentera works best in the shoulder seasons. June and September give you the same weather as August with half the crowds and full availability at every restaurant. May and October are quieter still, with mild water for swimming and the quality of light that has made Formentera a magnet for photographers. If a Formentera home is on your shortlist for the family's Mediterranean base, [explore Vivla's homes on the island](https://www.vivla.com). The portfolio is small and curated — Formentera's planning regulations make new builds rare — but each home has been chosen with the kind of beach access and views that make the island unforgettable. ### Ten destinations on the Costa del Sol - URL: https://www.vivla.com/blog/ten-destinations-costa-del-sol - Markdown: https://www.vivla.com/blog/ten-destinations-costa-del-sol.md - Published: 8 de junio de 2023 - Categories: destinos - Reading time: 7 min > The Costa del Sol is one of the most diverse coastlines in Europe — luxury marinas, whitewashed mountain villages, archaeological sites and some of the best beaches in the Mediterranean. Here are ten places that capture its essence. The Costa del Sol stretches more than 150 kilometres along Andalusia's southern coast. It's the kind of place where you can have breakfast watching superyachts in Puerto Banús, lunch in a 16th-century mountain pueblo, and dinner with your toes in the sand. The diversity is what makes it special — and what makes it one of the most attractive regions in Spain to own a second home. This guide covers ten places that, between them, give you the full Costa del Sol experience: the glamour, the heritage, the food, the nature and the slow-paced lifestyle that has drawn northern Europeans here for decades. #### Marbella and Puerto Banús: the international stage Marbella is the international face of the Costa del Sol. The Old Town (Casco Antiguo), with its orange-tree-lined squares and Moorish walls, is the soul of the city — small restaurants, art galleries, family-run shops. The Golden Mile connects Marbella to Puerto Banús, the marina that defined Costa del Sol luxury in the 1970s and still does today. If you read our piece on [Marbella as a vibrant retreat](https://www.vivla.com/blog/marbella-a-vibrant-retreat), you already know the city is much more than its reputation suggests. Beyond the marina, you have some of the best gastronomy in Andalusia, world-class golf and a coastline that has held its real estate value through every cycle. #### Mijas Pueblo: the white village in the mountains Twenty minutes inland from the coast, Mijas Pueblo is the postcard image of an Andalusian white village. The streets are too narrow for cars, the houses are draped in geraniums, and the donkey taxis (yes, they still exist) take you up the steepest paths. The viewpoint at the Plaza de la Constitución gives you the entire coastline from Fuengirola to Marbella. Mijas is the perfect afternoon escape from the beach: cooler air, slower pace, traditional food in family tabernas, and an unhurried kind of beauty that's becoming rare on European coasts. #### Ronda: the dramatic city in the cliffs Ronda sits on top of a 100-metre gorge that splits the city in two. The Puente Nuevo, an 18th-century stone bridge, connects the old Moorish quarter with the newer 18th-century town. Walking across it is one of those moments that justify the entire trip. Ronda is a 90-minute drive from the coast, but it's a non-negotiable for anyone serious about exploring Andalusia. It has the oldest bullring in Spain, some of the most prestigious wineries of the Sierra de Málaga, and a quality of light that has attracted painters and writers from Hemingway to Orson Welles. ##### The wineries of the Serranía The Sierra de Málaga is producing some of the most interesting wine in Spain right now — small bodegas like Descalzos Viejos and F. Schatz are reinterpreting native varieties at altitude. Reserve in advance. #### Málaga, Estepona, Sotogrande and the rest ##### Málaga city Often skipped in favour of the resort towns, Málaga has reinvented itself as a cultural capital. The Picasso Museum, the Centre Pompidou Málaga, the contemporary art at CAC — all in a walkable, beach-side city centre with the kind of food scene Spain is famous for. ##### Estepona The quieter, more residential alternative to Marbella. The Old Town has been carefully restored with murals on every corner, and the marina is half the chaos of Puerto Banús with much of the same charm. ##### Sotogrande Spain's most exclusive private community, where polo, sailing and golf define the calendar. The Valderrama and La Reserva golf courses are world-class. Vivla has homes in Sotogrande for owners who want to be part of this lifestyle without the friction of buying outright. ##### Nerja and the Caves An hour east of Málaga, Nerja's Balcón de Europa offers the best Mediterranean view of the entire coast. The nearby Caves of Nerja are one of the most impressive prehistoric sites in Spain. ##### Frigiliana Voted multiple times the most beautiful village in Spain, Frigiliana sits above Nerja with views of the sea and the Sierra Almijara. White houses, narrow streets, a thriving artisan scene. ##### Antequera and El Torcal The geographic heart of Andalusia. Antequera has the prehistoric Dolmens (UNESCO World Heritage Site), and just outside, El Torcal is one of the most surreal landscapes in Spain — limestone formations shaped by 150 million years of erosion. ##### Casares A bright white village dramatically perched on a hilltop, Casares is the kind of place that makes you stop the car and just look. The vista from its castle is one of the great Mediterranean views. #### Why a second home on the Costa del Sol makes sense The Costa del Sol has more than 320 days of sunshine a year, the most international airport in southern Spain (Málaga), and a property market that has weathered every cycle better than the European average. It's also one of the only places in Europe where you can ski in the morning (Sierra Nevada is two hours away) and swim in the sea in the afternoon. If owning a piece of this coast — without the friction and capital of buying outright — interests you, [explore Vivla's homes on the Costa del Sol](https://www.vivla.com). From Marbella to Sotogrande, the homes are curated for the family that wants to actually live the destination. ### Vacation clubs vs timeshares - URL: https://www.vivla.com/blog/vacation-clubs-vs-timeshares - Markdown: https://www.vivla.com/blog/vacation-clubs-vs-timeshares.md - Published: 18 de mayo de 2023 - Categories: copropiedad - Reading time: 6 min > Vacation clubs, timeshares and fractional ownership are often confused. They look similar on the surface — all let you spend time in a vacation property without buying it outright — but legally, financially and emotionally they are very different products. If you've started researching second-home alternatives, you've probably encountered all three terms: vacation clubs, timeshares and fractional ownership. Travel articles, real estate blogs and even sales agents tend to use them interchangeably. They are not interchangeable. Choosing one over the other has serious implications for what you actually own, what you can do with it, and what happens to your money over time. This article cuts through the noise and explains exactly what each model is, what they have in common, and where they differ — with a clear-eyed view of which one makes sense for which type of buyer. #### What is a timeshare? A [timeshare](https://www.vivla.com/blog/what-is-a-timeshare) is the right to use a property for a specific period each year — typically one week — for a defined number of years (often 20–50). You don't own the property: you own a usage right that's recorded in a contract. The timeshare industry has a deserved reputation for high-pressure sales tactics, opaque maintenance fees that grow each year, properties that depreciate over time, and resale markets where many owners eventually pay just to get out of the contract. The product can work for the right buyer, but the industry's track record means anyone considering one should read the fine print very carefully. #### What is a vacation club? A vacation club is a membership-based product. You pay an upfront initiation fee plus annual dues, and in exchange you get points or credits that you can redeem for stays across the club's portfolio of properties. Some clubs are tied to a single hotel chain (Marriott, Hilton, Disney), others are independent. The key thing to understand: in a vacation club you don't own anything. You're a member with redemption rights. The membership has an expiration date or a cancellation clause, and the points have rules about availability, blackout dates and seasonal multipliers. The flexibility is high — many properties to choose from — but you're not building any equity. #### What is fractional ownership? Fractional ownership is fundamentally different from the previous two: **you actually own a registered share of a specific property**. Not a usage right, not a membership — an asset, recognized by the property registry, that you can sell, transfer or pass on to your children. Each owner buys a fraction (typically 1/8 or 1/4) of a single home and gets the proportional share of usage time. With Vivla, that's 44 days per share per year, in a single, curated, professionally managed home in a specific location you've chosen yourself. The structure is legally clean (you're a partner in a Spanish SL that owns the property), the home is yours to design your stays in, and the asset participates in the home's market value. To go deeper, see our full guide on [fractional ownership vs timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know). #### Side-by-side comparison Here's how the three models compare on the points that actually matter: ##### Asset ownership Timeshare: no, just usage rights. Vacation club: no, just membership. Fractional: yes, registered share of a specific property. ##### Specific home Timeshare: usually yes (one week, one home). Vacation club: no — points, multiple properties. Fractional: yes, you choose the home. ##### Resale value Timeshare: typically depreciates significantly. Vacation club: membership often non-transferable. Fractional: tracks the property's market value. ##### Financial commitment Timeshare: contract for fixed years. Vacation club: ongoing membership. Fractional: real estate ownership with full liquidity rights. ##### Quality of stay Timeshare: the same week, same home. Vacation club: variable, depends on availability. Fractional: your home, professionally managed, exactly as you left it. #### Which one makes sense for you? If you want maximum flexibility on destination and you're happy not owning anything, a vacation club can work. If you want a fixed annual ritual at a specific place and you're comfortable with the timeshare industry's economics, a timeshare can work too. If you want a real second home — a property you own, a place that becomes part of your family's story, an asset that participates in real estate value — fractional ownership is the answer. [Discover the homes Vivla has selected](https://www.vivla.com) across Spain's most desirable destinations and find the one that fits your life. ### Why we invested in Vivla — from Samaipata - URL: https://www.vivla.com/blog/why-we-invested-in-vivla-from-samaipata - Markdown: https://www.vivla.com/blog/why-we-invested-in-vivla-from-samaipata.md - Published: 22 de marzo de 2023 - Categories: copropiedad - Reading time: 5 min > Find out why one of our main investors, Samaipata, believes in and supports VIVLA's mission to redefine second-home ownership in Europe. Vivla is on a mission to ease access to fractional ownership of luxury properties — lowering barriers to entry, freeing up wealth and generating liquidity and flexibility in a huge market that has historically been reserved for the few. Samaipata, one of Europe's most active early-stage venture capital firms, has been backing Vivla since the beginning. They led our pre-seed round in 2022 and reinforced their conviction by leading our €8M equity round in 2025. In this post we share the reflections from their team on why they keep believing in the fractional ownership thesis — and in the team building Vivla. #### What is Vivla and why fractional ownership matters Vivla is a fractional real estate ownership platform that allows flexible and efficient second-home ownership in the most attractive locations in Europe. The mission is simple: make luxury second homes accessible to families who want to enjoy them — without taking on the cost, friction and risk of buying an entire property. From Samaipata's perspective, this investment crystallized a thematic sourcing effort in the fractional ownership space. After analyzing the market and several similar models across Europe, they concluded that Vivla's team and approach made it one of the strongest contenders to define the category in the region. #### Why now: the macro forces behind fractional ownership Real estate remains one of the most favoured retail investment asset classes in Europe. The combination of accumulated household savings, persistent demand for liquidity, and the structural appetite for tangible assets continues to drive interest in property — but the entry ticket for a quality second home in destinations like Ibiza, Formentera or Sotogrande has become unreachable for most. Fractional ownership solves that. It lets families own the share they actually use — typically 1/8 to 1/4 of a home, equivalent to the time they would realistically spend there each year — and avoids the dead capital of owning 100% of a house that sits empty most weeks. [Unlike a timeshare](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know), you actually own a registered share of the property: it's a real asset, not a usage right. #### What Samaipata sees in Vivla's go-to-market Vivla launched in 2022 in Spain and other key Mediterranean destinations. The strategy was — and still is — to match Mediterranean supply with global demand. The intersection of geography, property segment and customer profile represents a sweet spot for fractional ownership: families with the means to own a second home, the desire to spend real time in Spain, and the wisdom to share that ownership intelligently. Vivla is not just a marketplace. It's the operating system of the lifestyle: a market-maker for primary fractional ownership, a marketplace for secondary fractional ownership, and an asset manager that takes care of every home in the portfolio. Samaipata's read in 2022 was that this triple play was the right structure to build a category leader from southern Europe — and the numbers since then have validated that thesis. #### Three years later: a profitable, scalable reality Three years after the initial investment, Vivla has delivered on every front. The company has scaled to over €80 million in assets under management, built a curated portfolio of 60+ premium properties across Spain's top second-home destinations, and grown to a community of more than 350 owner families with a satisfaction rate above 90%. All of this with remarkable capital efficiency. Volume is translating into compounding scale advantages. Cost of financing has dropped, customer acquisition is increasingly predictable, and the P&L shows clear signs of expanding margins as scale builds. "Member gets member" has become Vivla's most valuable acquisition channel — the strongest signal a category-defining brand can give. #### What's next for Vivla The €8M equity round closed in 2025 — followed by €55M in debt funding from Fasanara Capital and Extension Fund — gives Vivla the capacity to acquire over €200M of homes per year and accelerate the expansion into Madrid, Mallorca, Costa del Sol and Portugal, with a clear roadmap toward more than 750 assets and 5,000 co-owners globally by 2030. If you'd like to be part of the next chapter, [explore the homes we've selected](https://www.vivla.com) or talk to our team. The fractional ownership category is moving fast, and Vivla is leading it. ### How booking works with VIVLA - URL: https://www.vivla.com/blog/how-booking-works-with-vivla - Markdown: https://www.vivla.com/blog/how-booking-works-with-vivla.md - Published: 23 de febrero de 2023 - Categories: copropiedad - Reading time: 5 min > Booking your stay at a Vivla home is as easy as logging in and selecting your days. Each share gives you weeks of use per year, with a system designed for flexibility and fairness across all owners. One of the best things about owning a second home in Spain is the freedom to use it whenever you want — pack your bags, get there, smell the roses. When you have a Vivla home, that freedom is built into the product. Our booking system combines the latest technology with a dedicated human team, so each stay is planned with the flexibility, care and ease you need. You don't need to plan every single week of the year in January. Some dates matter — a birthday, an anniversary, a long August holiday — but the beauty of having your own Spanish villa is being able to visit when you feel like it. Below is how the system works in practice. #### How many days do you get per share? Each Vivla share gives you 44 days of use per year — that's around 6 weeks. You can split those days however you want: long stays, short escapes, weekends, specific high-demand dates. The full calendar is yours to design within your share. Long stays of 1–2 weeks are booked at least 31 days in advance through the Vivla app. Short trips can be booked anytime from 24 hours up to 60 days ahead. Both count toward the same 44-day yearly allowance, so you control the trade-off between fewer long holidays or more short getaways. #### The fair rotation system: how owners pick dates The first year, the booking order is determined by your purchase date. From the second year onward, Vivla applies an innovative two-round rotation system designed to guarantee equity year after year. In the first round, the system identifies the owner who had the worst calendar in the previous year and gives them the first pick. In the second round, the order is determined by who got the worst draw in round one. The result is a year-by-year balancing mechanism: nobody is permanently disadvantaged, and every owner gets great options every year. Booking opens in June for the following year, leaving plenty of time to plan ahead. #### What if you can't use all your weeks? Vivla owners are not locked in. If you can't use a stay, you have three flexible options: ##### 1. Pass it to your guests You can transfer a stay to family or friends. They check in just as you would, with the same access to the home and concierge. ##### 2. Exchange it for another Vivla home Offer a week in your home and you get a week in any other Vivla property within the same season. This means a co-owner of an Ibiza villa can spend a week at a mountain home in Baqueira, and vice versa — the same investment unlocks the entire Vivla portfolio. ##### 3. Rent it out and get the income back If you can't use a week and don't want to swap it, you can put it up for rental. Vivla's team handles the listing, pricing, vetting and management on platforms like Airbnb plus our internal client network (which generates 65% of the bookings). Income from these rentals is applied directly to reduce your monthly ownership fees, with full transparency through the app. #### App, calendar and human support — all in one place Owners can book, modify or cancel any stay through the Vivla app. The same calendar shows your stays, the stays your co-owners have selected, the weeks available for booking, and the weeks marked for rental or exchange. Beyond the app, your home manager is one message away. For long stays, last-minute changes or special requests — a private chef, a baby cot, an early check-in — the team is there to make it happen. The model is built so that the app handles the routine and the humans handle the exceptions. #### What this means for your second home in Spain The booking system is the part of Vivla that turns an ownership share into an actual lifestyle. You don't worry about maintenance, about coordinating with co-owners, or about an empty house draining your bank account 46 weeks a year. You just plan your year, log in, pick your dates and go. If you want to see exactly how your weeks would work in a specific home, [browse our portfolio of available homes](https://www.vivla.com) or talk to our team — they can walk you through the calendar of any property in detail. ### Excursions and guided tours in Mallorca - URL: https://www.vivla.com/blog/excursions-guided-tours-mallorca - Markdown: https://www.vivla.com/blog/excursions-guided-tours-mallorca.md - Published: 23 de febrero de 2023 - Categories: destinos - Reading time: 8 min > Mallorca is **many islands in one**: Tramuntana cliffs, turquoise coves, medieval towns and underground caves. Here's a curated guide to the excursions that truly capture it. Mallorca is far more than its famous beach resorts. The largest of the Balearic Islands packs **over 550 km of coastline, UNESCO-protected mountain ranges, historic towns, hidden coves and world-class hiking trails** into a surface small enough to drive across in a couple of hours. Whether you're visiting for a week or planning a second home here, the real joy of Mallorca is how many *different* islands fit inside the same island. Here's a curated guide to the excursions that genuinely capture what makes Mallorca special — not just the postcards, but the experiences that keep owners coming back year after year. #### Why Mallorca deserves a second look (and a second home) Mallorca has been a second-home destination for decades, and the reasons are structural: **mild Mediterranean climate, reliable direct flights from most European capitals, a mature tourism infrastructure, and a UNESCO World Heritage mountain range** (the Serra de Tramuntana) that runs the entire northwest coast. The island also offers genuine geographic variety. You can spend the morning on a cliff-top hike in the Tramuntana, have lunch in a medieval village, and watch the sunset from a turquoise cove — all within the same day. For owners, that variety is what keeps a second home in Mallorca from ever feeling repetitive. Post-pandemic, Mallorca has also become a serious base for **remote work and extended stays**, thanks to solid connectivity, a growing international community, and good schools in Palma. The buyer profile has broadened well beyond the traditional summer tourist. #### Nine excursions that capture the real Mallorca ##### **1. The Sóller train and tram** A wooden train from 1912 that runs from Palma to the town of Sóller, crossing the Serra de Tramuntana through tunnels and switchbacks. Once in Sóller, a vintage tram continues down to the port. It's touristy, yes — and also genuinely worth it, especially if you prefer experiences over Instagram spots. ##### **2. Coves of Drach (Cuevas del Drach)** One of Europe's most impressive cave systems, near Porto Cristo on the east coast. The visit includes an underground lake concert (Lake Martel, one of the largest underground lakes in the world), and the caves maintain a steady temperature year-round. Local legend speaks of a dragon that supposedly lived in them — hence the name. ##### **3. Cala del Moro (and neighbouring Cala S'Almunia)** A tiny, postcard-perfect cove on the southeast coast — white sand, turquoise water, framed by two rock walls. It fills up quickly in peak season due to its small size, so arrive early. The adjacent Cala S'Almunia is even more discreet and often less crowded. ##### **4. Bellver Castle** A 14th-century Gothic castle built by King Jaume II, perched on a hill above Palma. Rare for Europe: it has a **circular floor plan**, one of the few of its kind on the continent. From the top you get panoramic views over Palma Bay, the Tramuntana, and the plains of central Mallorca. Three kilometres from central Palma and accessible on foot or by car. ##### **5. Cap de Formentor** The northernmost tip of Mallorca, reached via the **Ma-2210 road** from Port de Pollença — one of the most scenic drives in the Mediterranean, winding through cliffs that drop straight into the sea. Several stops along the way (Mirador es Colomer in particular) offer views that locals consistently rank among the best in Spain. ##### **6. Sa Dragonera Natural Park** A small uninhabited island off the western tip of Mallorca, reachable by boat from Sant Elm or Port d'Andratx. Protected nature reserve with walking trails, rugged cliffs, and a genuine sense of isolation — only daytime visits are allowed, and the boat traffic is regulated. ##### **7. Cabrera Archipelago** A separate national park south of Mallorca, accessible by boat from Colonia Sant Jordi. Protected marine ecosystem, a small historic castle, and some of the clearest waters in the Mediterranean. Visitor numbers are strictly capped, which is exactly why it has remained pristine — book in advance. ##### **8. Torrent de Pareis** A legendary canyon hike in the Serra de Tramuntana, starting near Escorca and descending through a narrow gorge to the sea at Sa Calobra. Approximately 7 km with significant elevation loss and scrambling over rocks — **moderate-to-demanding, 5–7 hours**, and not suitable in rainy weather or after heavy rainfall. One of the most iconic hikes in the western Mediterranean. ##### **9. Sailing the northwest coast** The stretch between Port de Sóller and Cap de Formentor is spectacular from the water — steep Tramuntana cliffs, hidden coves like Sa Calobra and Cala Tuent, and a sunset perspective you simply don't get from land. Day charters out of Port d'Andratx, Palma or Port de Sóller are easy to arrange. #### Live Mallorca like an owner, not a tourist With [VIVLA](https://www.vivla.com), you don't need to book another hotel in Mallorca. You can **own a fraction of a carefully selected luxury home** on the island and come back year after year, for several weeks each year, to a property that's genuinely yours — fully managed, so you just arrive with a key and unpack. For owners, the island unlocks differently. You stop booking "summer in Mallorca" as a one-week holiday and start treating it as a base — a spring weekend for hiking the Tramuntana, a family week in August, a September escape once the crowds have left, Christmas in a Palma townhouse. Ownership changes the cadence. Explore the [current VIVLA homes in Mallorca and other prime Spanish destinations](https://www.vivla.com/listings), or learn how the [co-ownership model](https://www.vivla.com/blog/what-is-fractional-ownership) works in practice. ### Shared ownership homes - URL: https://www.vivla.com/blog/shared-ownership-homes - Markdown: https://www.vivla.com/blog/shared-ownership-homes.md - Published: 23 de febrero de 2023 - Categories: copropiedad - Reading time: 6 min > How many times have you watched those documentaries about dream houses and wondered when you will have your own villa? With VIVLA's fractional ownership model, that dream is finally within reach. How many times have you watched those documentaries about dream houses and wondered when you will have your own villa? Well, the time has come thanks to **VIVLA**. We are a pioneer model in the sale of fractional properties. Imagine that you see a house that you like and you are given the possibility of acquiring only a portion of it at a more than attractive price. We're sure that if you had the availability, you would take advantage of it — and today we will talk about all that this opportunity represents for you. On the Internet you will find this instrument under different names, but today we will clear up all your doubts. Would you like to take a look at it? #### What is fractional ownership? With fractional ownership you acquire only a part of a house, so the rest of the house can be bought by other people. Just as you read it: that property does not belong to only one owner, but several people are its owners in the eyes of the law. In this sense, one of the biggest confusions that this model usually generates is thinking that each owner owns a different room — but it's quite the opposite. With this model the whole house is fractional, so in order to do certain things such as changing the real estate agency, you will need the authorization of the other owners. #### Is it divisible or indivisible? **Fractional ownership gives you the possibility to sell it whenever you want.** Here the first thing to take into account is whether or not it is a divisible or indivisible property. Divisible assets are those that can be split among all parties equally. So, if it's a marriage, each person would keep what they are supposed to — whether it's a car, furniture, a business, or other options. However, real estate assets are indivisible: they cannot be split, so it's much more complicated, but there are ways around this complication. This is why we say that [VIVLA's fractional ownership](https://www.vivla.com) is a better option for having a villa in the most exotic destinations in Spain, so you can enjoy it for six weeks a year without worrying about maintenance costs. #### Advantages of fractional ownership Do you think fractional ownership is the option you were looking for? Discover some of the advantages and make the decision that fits your lifestyle best: ##### 1. Help for buying your home Not everyone has the possibility of acquiring a mortgage, because banks often set requirements that are difficult to meet. Fractional ownership is a very interesting solution, although it obviously presents several limitations that you must take into account. Nevertheless, it's better to own something than to own nothing. ##### 2. Benefits for both parties If you think about it carefully, fractional ownership presents benefits for both parties. First, the buyer gets a deal where they acquire part of a property, so they won't have to shell out large amounts of money. Sure, the decisions will be shared by everyone involved, but you know that no one will be able to take you off your roof. On the other hand, the lender greatly reduces the risk, since the amount to be paid is much lower and several parties have committed to assume the debt. ##### 3. Reduces maintenance costs One of the headaches of every property owner is maintenance costs. Yes, it is true that having your own roof over your head is very advantageous, but there are a series of commitments that you will assume for life. One of them is the monthly costs — electricity, water, internet and municipal taxes — which you pay whether you live there or not. By sharing the property you also share those recurring expenses. At the end of the day, it's a win-win situation for everyone involved. ##### 4. Greater profitability for investors Believe it or not, buying 15% or 50% of a property can be much more profitable than buying 100%, because you acquire it for a proportional amount but you can potentially sell it for a higher price. That's why more and more investors have had their eye on this mechanism in recent times. ##### 5. Possibility to increase your shareholding At the beginning you can buy a specific percentage — for example, 25% of the property. However, if in the future you have the money to increase your share, you can buy more parts of the house. This will be calculated according to the value of the property: if it increases, the price will be higher; if the market goes down, you will pay less money. #### Is it possible to buy a fractional property with financing? Yes, many banks grant mortgages for the fractional ownership mechanism, something that has come as a ringing endorsement for thousands of people who cannot buy a complete house. In this sense, the other owners will have to accept the terms of the credit, but they are not obliged to be holders of the loan, so they will not respond in their name at any time. However, if a situation of non-payment arises and the bank is forced to foreclose, each party will have to respond with their share of the house. Therefore, before taking out a fractional ownership mortgage, it is essential to discuss it with the other owners, as you will put everyone in a commitment that will affect them equally in case there is a problem. #### Buying your second home fractionally with VIVLA If you've read this far, you will surely think that fractional housing is an ideal option for buying your first home, but the truth is that it is a mechanism that offers both advantages and disadvantages. The fact that you only own a part of the property, and that to sell it you have to reach an agreement with the other owners, can be a headache in the medium term. In this sense, **fractional ownership at VIVLA is the truly flexible alternative** you were looking for to own your home. We love the fact that you can buy unique villas and mansions in some of the most exclusive destinations in Spain, with the possibility of acquiring from one eighth of the house up to half a fraction of the property. Each fraction gives the owners up to a maximum of **6 weeks per year** for their total enjoyment — the opposite of the single week that the general timeshare concept offers. In addition to this, you have a list of services that VIVLA will make sure work 100% so that you have nothing to worry about while you are away from the property. No matter what it is — cleaning the garden, filling the fridge or replacing a collapsed pipe — the company will do the necessary work to take this burden off your shoulders. In this way, it will be like having the membership of a 5-star hotel or resort, with the difference that you will get the intimacy that only a home is able to offer. If you want to put your money to work while you enjoy the most exotic beaches in Spain, it is time to [contact VIVLA](https://www.vivla.com) once and for all. Discover now the new way of owning your home without the headaches that most homeowners have — because you will pay only for the part of the house you will use. ### Marbella: a vibrant retreat - URL: https://www.vivla.com/blog/marbella-a-vibrant-retreat - Markdown: https://www.vivla.com/blog/marbella-a-vibrant-retreat.md - Published: 21 de febrero de 2023 - Categories: destinos - Reading time: 6 min > Marbella is famous for yachts, sunsets and glamour — but beyond the jet set there's **a typical Andalusian town** waiting to be discovered. Here's what makes it truly special. Marbella is famous for its luxurious coastal lifestyle and legendary nightlife — but there's far more to this Andalusian jewel than yachts, beach clubs, and the jet set. Today we take you through the corners that make Marbella so special, so you can plan your next visit (or your next second home) with more than the surface in mind. For many, Marbella is the pinnacle of Mediterranean luxury. For others, it's a synonym for excess, glamour, and endless summer. Either way, it has been at the centre of the European summer scene for so long that its name echoes internationally, from New York to Dubai. Best known for its yachts and resorts, Marbella has a quieter, more authentic side that often surprises first-time visitors. Beyond the mansions and hotels, there's a **typical Andalusian town** where you can lose yourself during long, slow afternoons in the south of Spain. Here's what to discover. #### A very special walk: the Avenida del Mar The first place to take a proper walk and feel Marbella's rhythm is the **Avenida del Mar**, the town's backbone. It is the boulevard par excellence, with the Mediterranean as its natural backdrop. You'll find bar after bar, restaurant after restaurant, and cafes where you can easily lose track of time. The avenue is more than just a walking route. As you move along it, you'll come across **sculptures by Salvador Dalí** — yes, the Catalan surrealist — which turn an otherwise pleasant stroll into a small open-air museum. A twenty-minute walk here can feel like a slow dive into another dimension. #### Charming streets and the authentic Andalusian side of Marbella If you think Marbella is only jet set and luxury, think again. It is that, but framed inside a **typical Andalusian town** — white houses, narrow streets, flowers climbing the walls, and an old town that quietly transports you to another Spain. The most famous square is the **Plaza de los Naranjos**, where in a few steps you can take in a 15th-century fountain, a town hall from the 16th century, and a 17th-century church. Marbella's old town is a maze of winding streets steeped in history — a genuinely rewarding detour for anyone who cares about architecture and atmosphere, not just beach clubs. #### A completely different lifestyle In Marbella, you can set whatever pace you want. The Andalusian lifestyle is built on a simple formula: good weather most of the year, a **delicious Mediterranean gastronomy**, and a strong leisure offer both day and night. You can choose a completely zen holiday or go full *"living la vida loca"*. Both work. For nightlife and sunsets, places like **Nikki Beach Marbella** have become iconic — outdoor beach clubs where you can stretch out on a Balinese bed, sip a cocktail, and watch the Mediterranean turn pink, then switch seamlessly into club mode. For something more private, the hills behind Marbella hide some of **the most exclusive residential areas in Europe**, including La Zagaleta, where many international figures own homes. The combination of coastline plus mountain scenery is genuinely rare — most "luxury coast" towns don't have it. #### Marbella is for everyone — and the market proves it Marbella keeps appearing, year after year, in rankings of the **best cities in Europe to live or spend holidays**. The combination of climate, international community, infrastructure, and lifestyle explains why. The Málaga province, where Marbella sits, has been one of the most active real estate markets in Spain for years, with a large share of foreign buyers. Post-pandemic, the profile of the typical Marbella buyer has changed: it's no longer only the traditional retiree. Increasingly, it's **young international professionals** who want to work remotely from a spectacular setting, plus families looking for a base for school holidays and long weekends. That shift matters because it broadens the demand base, which tends to support property values over time — a detail anyone looking at Marbella as an investment should pay attention to. #### … and Marbella is for you, too Owning a second home in Marbella has traditionally meant a very large financial commitment and an ongoing operational load — staff, maintenance, pools, gardens — for a property you might realistically use a few weeks a year. With [VIVLA](https://www.vivla.com), you can skip that imbalance. You invest only in the fraction of the property you'll actually use, get access to carefully selected luxury homes in Marbella and other prime Spanish destinations, and delegate the entire operation to local experts. Cleaning, maintenance, concierge — all of it handled. Instead of buying an average property on your own in a not-so-great location, you get a real share of a spectacular home in Marbella for a fraction of the price, with a guaranteed number of weeks per year. A smarter, more sustainable, and more efficient way to own in one of Europe's most sought-after destinations. Explore the [current VIVLA homes](https://www.vivla.com/listings) to see which Marbella and Costa del Sol properties are available today. ### How VIVLA selects unique holiday homes - URL: https://www.vivla.com/blog/how-vivla-selects-unique-holiday-homes - Markdown: https://www.vivla.com/blog/how-vivla-selects-unique-holiday-homes.md - Published: 21 de febrero de 2023 - Categories: real estate - Reading time: 5 min > With so many holiday homes for sale in Spain, separating the excellent from the overhyped is hard. Here's the **150-point quality process** and the 6 criteria VIVLA uses to select every property in its catalogue. With so many types of holiday homes to buy in Spain, it's easy to get lost in the house-hunting process. There are a lot of variables that can influence whether a property is really exclusive and excellent or simply not worth the hype — which is why working with professionals is, more often than not, the best call. At [VIVLA](https://www.vivla.com) you can buy your second home in Spain through co-ownership and make the process genuinely easy and affordable. Not only can you buy just the share you want to afford, but you get access to **incredible properties that otherwise you'd only be able to dream about**. Our real estate experts work with the best local partners in Spain and have direct access to superior home listings and inside information about the most demanded areas for second-home buyers. #### Unique holiday homes in top locations We really understand customer needs. That's why we don't just fill up listings with homes for sale and hope for the best: we want to make it easy for our buyers to **find their dream property**. How many times have you been in the process of buying a home only to find out that half of the listings you visited were not worth your time? VIVLA personally visits and inspects each property to make sure it meets the highest market standards. We have developed our own **quality certification process**, unique in the market, that includes a **150-point quality check**. Our in-house architect, with deep experience in the sector, verifies that every single home meets our criteria before it reaches your hands. When a home passes the VIVLA filter, we know we're passing on a genuinely special property to our customers — one they will enjoy for a long time. #### 1. Prime location Our properties are **well connected to key areas, services and entertainment** and have good access to all types of transport. They also offer beautiful views, which is a big part of a great living experience and, long term, of how well the property holds its value. #### 2. Solid construction Every home we select is built on a solid, prime-quality foundation and is **properly insulated for maximum comfort**. This is not something you see in the listing photos, but it's precisely what makes the difference between a house you love for a weekend and one you love for years. #### 3. Beautiful finishes Our properties exude excellence through the use of **high-quality and natural materials** — stone, solid wood, natural textiles — and carefully executed finishes. Design details matter, and at this price point they are not negotiable. #### 4. Comfortable, well-designed furniture Each property is decorated following the **latest interior design trends** and furnished with elegant, stylish and comfortable pieces. You arrive with a suitcase, not with a shopping list. Everything is ready for you to enjoy the home from day one. #### 5. Efficient installations Our homes come with an array of **smart options and modern, energy-efficient features**: climate systems, lighting, security, connectivity. Comfort and sustainability go hand in hand, and they also keep running costs reasonable over time. #### 6. Competitive price We select properties that offer the **best market value** and are **less likely to depreciate over time**. Co-ownership only makes sense if the underlying asset is sound — so we choose homes that would be good purchases even if you were buying them whole. #### Quality that protects long-term value We believe an image is worth a thousand words, so the best option is to [check out our current home listings](https://www.vivla.com/listings) for the destination of your choice, fall in love with one of them, and [get in touch](https://www.vivla.com). Don't worry if you can't find exactly what you're looking for. As we mentioned, our VIVLA real estate team has long-standing expertise in the sector and will help you find exactly what you need. And if you've already found a little treasure on your own, **bring it on** and we'll make it happen for you. [Contact us](https://www.vivla.com) or book a call with one of our real estate specialists whenever you're ready. #### Let's find your Spanish villa together ### How to make remote work successful - URL: https://www.vivla.com/blog/how-to-make-remote-work-successful - Markdown: https://www.vivla.com/blog/how-to-make-remote-work-successful.md - Published: 21 de febrero de 2023 - Categories: copropiedad - Reading time: 8 min > Remote work is here to stay. These are the **9 principles** every remote worker should follow to turn flexibility into real productivity — and why your "office" doesn't have to be tied to a single address. Remote work is a big part of our lives now, but we are still adjusting to it. There are some important factors you need to keep in mind to make it work and integrate it into your daily flow. We all know it: remote work is here to stay. According to Forbes, a growing share of U.S. jobs is now remote. The trend started spreading during the pandemic, but today there are many reasons why it has ended up being a win-win situation for companies and employees. #### The benefits and challenges of working remotely ##### **The great benefits** For companies, having employees working remotely saves them a significant amount of money on office space. Many people also start working earlier, with fewer distractions, which tends to translate into an **overall increase in productivity**. For employees, the benefits are equally important: - They **save money and daily time on commuting**, and their schedule is flexible enough to handle domestic unexpected events while they work, especially when kids are part of the picture. - Without a commute, remote workers can use the extra time to do things that bring better quality of life: practising sports, yoga or simply resting properly. - No office means no need to spend a fortune on a work wardrobe. Goodbye expensive suits and leather shoes; welcome t-shirts and sneakers. ##### **The challenges** But beyond the benefits, there are also a few downsides. Workers can feel isolated, team spirit may weaken, and there is a noticeable lack of meaningful social interaction. You no longer spend time telling a colleague about the funny dance your kids did the night before, or how your partner cooked your favourite meal. Employers, on their side, need to have the right tools and processes in place to help employees use their time wisely and meet deadlines. They have to take a leap of faith with their teams, but also put systems in place to regularly check goals and progress. One way or another, there are some important principles that every remote worker should follow to establish discipline and make the remote model a real success, both for the company and their personal life. Let's go through the most important ones. #### 1. Designate a work area Dedicate a room or area where you feel comfortable and set up your home office there. You will spend many hours in that space, so personalise it with whatever you need to be comfortable and cosy. It should have enough space for a proper desk, **enough natural light**, and it should not be overly exposed to noise. Since you'll be sitting for long periods, invest in a **comfortable and ergonomic chair**; your back and neck will thank you in a few months. #### 2. Establish a regular schedule Don't spread your work throughout the day: it does not benefit you or the people around you. Waiting until late afternoon or evening to get things done adds unnecessary stress to your life, prevents you from disconnecting from work, and ends up upsetting the people you live with. It is not worth it. Have some discipline: **set a start and an end time**. When your working schedule is over, sign out of all platforms and apps and shut down notifications. If the company suddenly crashes and they need something from you that is a matter of life and death, they'll just call you. #### 3. Take breaks A big part of productivity and good mental health depends on how well you can disconnect from work. Working longer hours doesn't necessarily mean achieving more, so **rest your eyes and mind every couple of hours** and learn to disconnect. By doing that, you'll avoid burnout and return to the task with renewed energy. A short walk around your neighbourhood does the trick, but there are plenty of options. #### 4. Change scenarios A couple of days a week, just for a few hours, is enough. Changing the space a little gives you the mental readjustment you need to be more productive and feel more fulfilled. It also allows you to see some people, which you sometimes miss when working remotely. If you head out to a public place, save more automatic work for those sessions so you can tolerate distractions. Grab your laptop, order a big cappuccino at your favourite café and enjoy the place and the unknown company. #### 5. Write down your goals for the day and prioritise them A good way to organise your schedule is to sit down, **write a list of tasks** and put the most important ones at the top. Get those done first so you can wrap up the day feeling accomplished, without pending tasks dragging into tomorrow. You'll stop worrying the night before, and you won't pound your head until the next morning thinking about what you didn't finish. #### 6. Technology is your best friend — but use it wisely There are thousands of tools out there to work online and be productive, no question about it. The problem: many of them are very similar versions of each other, some slightly improved over others, which gets confusing fast. Instead of logging into 10 tools every day, companies and employees should **pick one preferred version and stick to it**. Depending on the goal, some tools bring more benefits than others. A few examples: - If you're a visual person, **Notion** is a great default. - If you need folders and compartments, **Google Drive**. - **Asana**, if you like to microsegment tasks and goals. - **Perdoo**, if your goal is more on the company OKR side and you need to share objectives. - **Airtable**, if you like organising content or tasks into lists and tabs that link to other platforms. - **Trello**, if you prefer a more visual kanban-style organisation. There are many other platforms, so do a bit of online window shopping and pick what fits your workflow best. #### 7. Focus deeply and communicate often ##### **Do one task at a time and focus on it** If you think about four things at once and keep 15 tabs open every time you sit down to work, you won't be able to focus on any of them properly. Lack of work-related mindfulness is one of the heaviest burdens in the way we work today. It's a bit sad to admit we need help with this, but there are great online tools that block notifications and other distractions on your computer so you can actually **concentrate on a specific deliverable from beginning to end**. ##### **Communicate with people often** Do it as close to a real experience as possible: face-to-face is best. Make sure your wifi connection is top-notch; people get tired of hearing that your connection is poor and your camera doesn't work. Real conversations need to happen often and without disruption. Important tip: keep calls and video conferences within a reasonable schedule. The more defined your work and personal life are, the better your mental health will end up being. #### Don't limit yourself to one address. Take advantage One of the best values of remote work lies in the fact that you don't need to be anchored to just one place year-round. Remote work means increased flexibility and freedom for workers, so there is a real chance to **maximise your quality of life while you work** and enjoy being somewhere else. [VIVLA's co-ownership model](https://www.vivla.com) to own a second home in Spain allows you to split your time between your current location and a holiday home in one of Spain's most beautiful destinations. You avoid the financial and personal burden of buying a second property by yourself, because buyers can own fractions of the home they dream about, in the destinations they love, and pay much less for it. Co-ownership means you can access **top-quality homes and exclusive villas** for a fraction of the cost, without dealing with maintenance or very high associated expenses. Each property is acquired by VIVLA through a dedicated SL and then divided into ⅛ shares, with the option to buy up to ¼. Each share gives you approximately **6 full weeks of use** per year at a spectacular villa in Spain. VIVLA homes are fully managed and come with great spaces for you to work remotely while your loved ones enjoy the property. You will make much more of your personal time and enjoy life in a much more fulfilling way. Do you feel more equipped now to rock remote work? We hope so. Each time you feel a bit lost working at home, come back to this article and remind yourself of what's important. If you want to talk to us about co-ownership and the possibilities it can unlock for you, visit [vivla.com](https://www.vivla.com) or schedule a quick call with our team. ### Owning property through an LLC makes sense - URL: https://www.vivla.com/blog/owning-property-through-an-llc-makes-sense - Markdown: https://www.vivla.com/blog/owning-property-through-an-llc-makes-sense.md - Published: 21 de febrero de 2023 - Categories: properties > The best way to make fractional ownership a success is by creating an LLC, buying the property through it, and dividing the property into shares or fractions for shareholders to own. But how exactly is it done and what are the main benefits? Keep reading to know more about **fractional ownership of a home** through an LLC**. Co-Owning a home **will stop being an abstract concept in your mind and become more of an actual possibility to own better, diversify costs and risks, and make a smart investment. ‍ The best way to make fractional ownership a success is by creating an LLC, buying the property through it, and dividing the property into shares or fractions for shareholders to own. But how exactly is it done and what are the main benefits? Keep reading to know more about **fractional ownership of a home** through an LLC**. Co-Owning a home **will stop being an abstract concept in your mind and become more of an actual possibility to own better, diversify costs and risks, and make a smart investment. #### **What is an LLC?** [An LLC](https://web.archive.org/web/20260214075932/https://www.nolo.com/legal-encyclopedia/what-is-a-limited-liability-company.html#:~:text=An%20LLC%2C%20or%20Limited%20Liability,structure%2C%20and%20certain%20tax%20advantages.) is a business entity. When applied to real estate it is important to know that it is separate from its members. Among its many benefits are protection against liability, flexibility, privacy and simplicity. Although some work is involved, It is also easy to create and manage. Other forms of buying and selling property through an entity include corporations, and partnerships, however, the latest does not protect from liability from other owners, and creating a corporation means entering a complex world that can be never ending as far as paperwork is involved. **How is a real estate LLC established?** Typically a real estate company that specializes in **fractional ownership or co-ownership **will create an LLC for a specific group of buyers and buy the house through it. Each owner owns a share of this company, which also means they own the house through the LLC. The fact the home is bought through an LLC makes it each to buy, exchange or resell the shares. It is quick, easy, and transparent. Vivla has partnered with Tier 1 firm in Spain, one of the most important law firms in Spain, to make sure the establishment of its LLCs is done in a transparent way, with all legal guarantees. That way owners can have the assurance they not only invest in a smart and practical way, but through the best possible entities. #### **Benefits of owning property through an LLC** - It reduces **liability**: Liability is one of the main benefits when buying property through an LLC. It provides protection for the investor’s assets, because it is the entity that is liable for any damage or issues with the property, instead of individual owners. When you deal with multiple owners, issues can arise depending on the use each person makes of the property. That includes stains, damaged items or other common misshapes. - **Tax benefits**: in many cases, buying property through an LLC can result in a big difference on the amount of tax you pay when you sell it. VAT can be considered a deductible company expense, something which can´t be argued in the case of a physical person owning the property. - **Privacy**: it is an important aspect when you buy a home through an LLC. When the listing of your home goes public in case you want to resell or for any other administrative matter, it will reflect information about the company and not the owners. - **Simplicity**: when you want to get rid of your shares, the process is quite simple. Paperwork is streamlined and there is no need to create a new deed. #### **How Vivla’s LLC works** Vivla’s main mission is to make owning a second home easy and enjoyable. For that purpose, and through the support and thorough advice from the best experts in the sector, we believe that establishing an LLC and dividing the property into shares you can buy makes the experience seamless, flexible and really easy. This is what [the Vivla process](https://web.archive.org/web/20260214075932/http://www.vivla.com/learn) is like: - Vivla establishes an LLC for each home, diversifying risks and optimizing the acquisition process for each of the owners. - We take care of all the paperwork so you don’t have to. You can enjoy total peace of mind, because we have partnered with top-of-market experts in all legal, finance and real estate aspects of the purchase process. - Vivla’s lean ownership model means you don’t have to deal with the typical complications of full ownership. - Buying property through one of our LLCs means you own ownership interest. This means you hold rights on the investment: you can use it and are entitled to a share of the property profit or value. The amount of use and profit share proportional to the amount of shares you own. - Each property is divided into 8 shares, and you can buy more than one share through the LLC. - Because of its LLC structure, transferring ownership interest at Vivla is an easy and streamlined process. Are you ready to become part of the Vivla experience? Do not hesitate to learn more at [Vivla](https://web.archive.org/web/20260214075932/http://www.vivla.com/), or visit our detailed [FAQ section](https://web.archive.org/web/20260214075932/http://www.vivla.com/faqs). #### What is an LLC? The best way to make fractional ownership a success is by creating an LLC, buying the property through it, and dividing the property into shares or fractions for shareholders to own. But how exactly is it done and what are the main benefits? Keep reading to know more about **fractional ownership of a home** through an LLC**. Co-Owning a home **will stop being an abstract concept in your mind and become more of an actual possibility to own better, diversify costs and risks, and make a smart investment. ‍ #### Benefits of owning property through an LLC - It reduces **liability**: Liability is one of the main benefits when buying property through an LLC. It provides protection for the investor’s assets, because it is the entity that is liable for any damage or issues with the property, instead of individual owners. When you deal with multiple owners, issues can arise depending on the use each person makes of the property. That includes stains, damaged items or other common misshapes. - **Tax benefits**: in many cases, buying property through an LLC can result in a big difference on the amount of tax you pay when you sell it. VAT can be considered a deductible company expense, something which can´t be argued in the case of a physical person owning the property. - **Privacy**: it is an important aspect when you buy a home through an LLC. When the listing of your home goes public in case you want to resell or for any other administrative matter, it will reflect information about the company and not the owners. - **Simplicity**: when you want to get rid of your shares, the process is quite simple. Paperwork is streamlined and there is no need to create a new deed. ‍ #### ‍How Vivla’s LLC works Vivla’s main mission is to make owning a second home easy and enjoyable. For that purpose, and through the support and thorough advice from the best experts in the sector, we believe that establishing an LLC and dividing the property into shares you can buy makes the experience seamless, flexible and really easy. This is what [the Vivla process](https://web.archive.org/web/20260214075932/http://www.vivla.com/learn) is like: - Vivla establishes an LLC for each home, diversifying risks and optimizing the acquisition process for each of the owners. - We take care of all the paperwork so you don’t have to. You can enjoy total peace of mind, because we have partnered with top-of-market experts in all legal, finance and real estate aspects of the purchase process. - Vivla’s lean ownership model means you don’t have to deal with the typical complications of full ownership. - Buying property through one of our LLCs means you own ownership interest. This means you hold rights on the investment: you can use it and are entitled to a share of the property profit or value. The amount of use and profit share proportional to the amount of shares you own. - Each property is divided into 8 shares, and you can buy more than one share through the LLC. - Because of its LLC structure, transferring ownership interest at Vivla is an easy and streamlined process. ‍ ### The best real estate agencies in Spain - URL: https://www.vivla.com/blog/the-best-real-estate-agencies-in-spain - Markdown: https://www.vivla.com/blog/the-best-real-estate-agencies-in-spain.md - Published: 10 de febrero de 2023 - Categories: real estate - Reading time: 7 min > If you've been thinking about buying a house, it's very likely that several questions have crossed your mind. The most important one: how to choose **the best real estate agency in Spain** to guide you through this big decision. Buying your house should be an exciting process, but to enjoy it you need to be in the hands of specialists who advise you every step of the way. Beyond the area, there are many elements that influence a property purchase: price, location, type of home, architectural style. A good agency will help you navigate all of them. At [VIVLA](https://www.vivla.com) we've put together a list of the best real estate companies in Spain so you can find the ideal one for you — and, further down, a few tips that will save you headaches when choosing. #### Which are the best real estate agencies in Spain? To find the right offer for you, the best alternative is to partner with a real estate agency. But today you have plenty of options, so take your time. Here are some of the most established agencies operating in the Spanish market. #### 1. FP Inmobiliaria We start with **FP Inmobiliaria**, a company that has been in the market for 20 years offering different prices to suit all budgets. It's worth noting that they specialise in the **Albacete market**, so if you want to buy a second home in this town in Castilla-La Mancha, this is your opportunity. #### 2. Remax Spain **Remax** is a worldwide reference, so it's almost impossible that you haven't heard of them. They have a presence in more than 100 countries and on practically all continents, which tells you they have a business model that has been proven over time. It's a good option to leave your property search in the hands of experts, as they have a wide catalogue of all types of properties depending on what you need at that moment. Why take advice from amateurs when you can let specialists guide you along the way? #### 3. Barreras Real Estate **Inmobiliarias Barreras** has more than 30 years of experience fulfilling the dreams of their clients. Their catalogue covers all kinds of properties, from small flats for single people just starting out to large family homes to enjoy your summer holidays. They also have **commercial real estate**, so if you are looking for a space to set up a new office, they are an option to consider. #### 4. Gilmar When it comes to experience, **Gilmar** is no slouch: they have over 35 years of trajectory focused on finding the home of their clients' dreams. Their main office is in Málaga, but they offer properties all over the country. It's just a matter of visiting their website to see what they have available. #### 5. Rockefeller Spain Do you dream of a 1,000-square-metre house with a jacuzzi and first-class finishes? **Rockefeller España** can help: they specialise in **luxury properties** and also offer decoration and design services. If you have something specific in mind, it's just a matter of booking an appointment with them to bring it to life. Once you see the result, you'll fall in love. #### 6. Novamadrid **Novamadrid** is interesting because they specialise in the management of buying and selling as well as the rental of different types of properties. They cover the whole south of the Madrid region and offer services such as asset valuations, drafting of documents and contracts, and representation before public bodies. #### 7. Boss Asesores Inmobiliarios The last company on our list is **Boss Asesores Inmobiliarios**. What catches our attention is that they give you the option to **buy an existing home or build one from scratch** — the final word is yours. Inside the organisation there's a team of experts who will help you make the best decision to fit your budget. #### Tips for choosing the best estate agency in Spain Buying a house in Spain can be exciting, but also stressful if you are not familiar with the sector. That's why, rather than doing it alone, it's usually a better idea to rely on one of the leading agencies. Here are a few tips to pick the right one. ##### **1. Check their experience** First of all, look at the **experience** the company offers. A team that has been working for two years is not the same as an organisation with 30 years of track record and multiple success stories in its portfolio. Which one would give you more confidence? The answer is clear, so this is the first thing you should evaluate when an agency appears in your search. ##### **2. Look for references** Once you know how many years they have been in the market, the next step is to look for **references** about their work. They may have a long track record, but if none of your acquaintances or friends have worked with them, it's worth looking at another option. Social media can also help you gauge their reach. Search the company's name on Twitter/X, Instagram or LinkedIn and read the comments. There you'll be able to tell whether their services really match what they promise. ##### **3. Follow up on the process** If you've already decided to hire an agency, you have no choice but to trust them. But that doesn't mean you should sit back: you always have to **follow up on the case**. The best companies keep their clients notified of any developments during the negotiation. ##### **4. Quality of the buyers they offer** When you want to **sell** your property, the agency must be able to bring buyers who have the **financial capacity** to actually close the deal. Be careful: they should meet a series of legal requirements to become a real prospect. This will save you a lot of the headaches that typically come with private negotiations. ##### **5. Know the market fees** Fees depend on each company, but in most cases they are set between **3% and 5% of the value of the asset**. If someone asks for a very different amount, you can legitimately question the quality of the service — it's hard to justify paying more for something that is effectively regulated by the market. ##### **VIVLA, the ideal option to acquire a second home** When it comes to buying a home, it's very important to have an ally throughout the real estate process. That's where [VIVLA](https://www.vivla.com) comes in, your trusted partner to acquire the **second home you've always dreamed of**. You've probably been to that exotic destination you wanted to repeat. The problem: hotels are expensive, especially in high season. With VIVLA you forget about that inconvenience: you buy a fraction of your home and enjoy your holidays as if you were at home. On top of that, if you're looking for a home with unique finishes, you'll probably find it in our catalogue: every property is carefully curated so you know exactly what you're buying. [Discover how co-ownership works with VIVLA](https://www.vivla.com) and enjoy your holidays in a completely different way. ### Luxury villas in Spain - URL: https://www.vivla.com/blog/luxury-villas-in-spain - Markdown: https://www.vivla.com/blog/luxury-villas-in-spain.md - Published: 6 de febrero de 2023 - Categories: real estate - Reading time: 8 min > Luxury real estate in Spain is one of the most resilient asset classes in Europe. Here's **why the market works, what to look for**, and how co-ownership makes it accessible without full-price commitment. Luxury villas in Spain have quietly become one of the most interesting niches in European real estate. The combination of **climate, lifestyle, legal stability and strong secondary-home demand** makes prime properties hold their value particularly well — and, in the right locations, appreciate faster than the wider housing market. But getting into this segment used to require a substantial capital commitment and a full-time operations team to manage a property you'd only use a few weeks a year. That's what co-ownership changes: with [VIVLA](https://www.vivla.com), you own a real fraction of a carefully selected luxury home, with all the operational side — cleaning, maintenance, concierge, gardening — handled for you. Here's why Spain remains one of the smartest markets for a second home in Europe, and what to look for when you invest. #### Why invest in property in Spain Spain has consistently ranked among the most active European markets for foreign property buyers for more than a decade. Several structural factors support this: - **More than 300 sunny days a year** across most coastal and southern regions, which drives year-round demand (not just summer). - **A mature legal framework** for foreign ownership, with no restrictions on EU or non-EU buyers purchasing residential property. - **Strong rental demand** in prime areas, both short-term (tourism) and mid/long-term (digital nomads, relocations). - **Diverse micro-markets**: you can invest in a Mediterranean villa on Costa del Sol, a mountain chalet in the Pyrenees, a Balearic island retreat, or a historic apartment in Madrid — each with its own risk/return profile. Post-pandemic, the demand for **space, privacy and remote-work-friendly properties** has accelerated growth in the luxury segment specifically. Buyers increasingly look for homes that work as a primary residence, a holiday home, *and* a remote workspace — all at once. #### What defines a genuinely luxury villa Not every "luxury" property is actually a good investment. Some of the factors that separate a truly resilient asset from an expensive liability are: - **Location, location, location.** Prime neighbourhoods, walking distance to sea or mountain, protected views, low supply. These are the properties that hold their value through cycles. - **Architectural quality and finishes.** Renovated with premium materials, smart-home systems, proper insulation, and timeless design. Trendy finishes age badly. - **Plot and outdoor space.** In the Mediterranean, outdoor living is half the value. A well-designed garden, pool or terrace can drive a large share of the appreciation. - **Liquidity.** Can you exit? Properties in recognisable, established locations sell faster than remote or unusual ones, even at the luxury end. - **Total cost of ownership.** Taxes, community fees, maintenance, insurance. Luxury homes can have running costs of tens of thousands of euros per year — a detail most buyers discover too late. #### The prime destinations for luxury villas in Spain Spain is not one market, it's many. A short map of the segments where luxury villas tend to perform best: - **Costa del Sol (Marbella, Estepona, Sotogrande):** the classic luxury Mediterranean market, with international schools, golf, and year-round infrastructure. - **Balearic Islands (Mallorca, Ibiza, Menorca):** limited supply, strong international demand, premium rental yields in summer. - **Costa Brava and Empordà:** discreet luxury, favoured by Barcelona's affluent families and European buyers looking for nature plus sophistication. - **Pyrenees (Baqueira, Formigal, Cerdanya):** mountain second homes that work in both winter (ski) and summer (hiking, cycling). Lower prices per square metre, but strong lifestyle value. - **Madrid (Salamanca, Chamberí, La Moraleja):** capital city luxury, driven by domestic wealth and executive demand. VIVLA's catalogue is built specifically around these prime destinations — you can see the current available homes in the [VIVLA listings](https://www.vivla.com/listings). #### Why co-ownership is reshaping the luxury villa market Traditional ownership of a luxury villa has three problems: **a very high capital commitment, significant annual running costs, and low utilisation** (most owners use their second home 4–8 weeks per year). Co-ownership restructures that equation. You buy a real fraction of the property — with an individual title deed, structured through an SL (Sociedad Limitada) — and you get: - Your share of ownership in a property that would otherwise be out of reach at full price. - A guaranteed number of weeks per year, distributed fairly across seasons. - A fully managed property: arrive with a key, leave without lifting a finger. - The ability to **sell your fraction** whenever you want, benefiting from any appreciation. For buyers whose goal is **to use and enjoy** a luxury second home — rather than leave it empty 80% of the year — this is often a far more rational allocation of capital than sole ownership. #### Is a luxury villa in Spain right for you? If you're considering buying a luxury villa in Spain, start with three questions: 1. **How many weeks a year will I realistically use it?** If the answer is less than 12–16 weeks, sole ownership is almost certainly not the most efficient option. 2. **Do I want the operational load?** Managing a luxury property long-distance means dealing with staff, maintenance, seasonal preparations, insurance claims, and more. 3. **What's my exit plan?** Owning a full property is a less liquid decision than owning a fraction — secondary markets for co-ownership fractions are increasingly active. If your answers point towards *"I want to enjoy a luxury home in Spain without the full financial and operational weight"*, co-ownership with VIVLA is likely the model you're looking for. Explore the [current VIVLA homes](https://www.vivla.com/listings) to see which destinations and properties are available today. The catalogue is live and updated regularly — new homes are added as the team curates them, and existing ones sell out quickly in peak seasons. ### Fully enjoy your second home in Spain: what a property manager can do - URL: https://www.vivla.com/blog/fully-enjoy-your-second-home-in-spain-what-a-property-manager-can-do - Markdown: https://www.vivla.com/blog/fully-enjoy-your-second-home-in-spain-what-a-property-manager-can-do.md - Published: 7 de julio de 2022 - Categories: copropiedad - Reading time: 7 min > A second home is only as enjoyable as **the operational weight that comes with it**. Here's what a property manager handles in Spain — and how VIVLA does it end-to-end. A second home in Spain is only as enjoyable as the **operational weight that comes with it**. For many owners, the fantasy of "just arriving and relaxing" collides with the reality of staff coordination, cleaning schedules, repairs, taxes, utility bills, pool maintenance, gardening, and the phone calls that happen precisely when you're not in the country. This is where a **property manager** changes the equation. A professional property manager handles every aspect of owning, maintaining and enjoying a second home, so you can actually use your holidays as holidays. Here's what they do, how the service works in Spain, and how VIVLA handles it for every home in its catalogue. #### Why "just owning" a second home is not enough The most uncomfortable thing about being on holiday somewhere that isn't home is arriving at the end of a long day and feeling like a guest in your own space. Hotels solve some of that with scale and service, but they replace it with **rigid schedules, noise, shared amenities and zero sense of ownership**. A well-managed second home is the opposite: privacy, familiarity, space — and someone else handling the logistics. Without proper management, owning a second home can become its own form of work. Utilities get cut off, small repairs become big ones, insurance lapses, paperwork piles up, and the property slowly loses value. With a good property manager, none of that happens, and you arrive to a home that is ready, clean, and exactly how you left it. #### What a property manager actually does in Spain A property manager in Spain is responsible for the **administration, maintenance, and day-to-day operation** of a residential property on behalf of the owner. The scope typically covers: - **Administrative tasks:** community fees, insurance, utility contracts, permits, inspections, and compliance with local regulations. - **Maintenance:** preventative upkeep (to avoid wear-and-tear and loss of value), scheduled services (cleaning, gardening, pool), and reactive repairs when something breaks. - **Financial and legal coordination:** local taxes, IBI, non-resident tax filings, supplier invoices, and any ongoing contractual matters. - **Owner experience:** preparing the home before each arrival, handling keys and access, and solving issues during or after the stay. A contractual relationship is established between the property manager and the owner. The owner delegates specific responsibilities, and the manager takes them on with clear scope and accountability. For anyone thinking of a second home as a **medium- to long-term asset** rather than a holiday decoration, delegation is not optional — it's how the asset keeps its value. Property managers can be individual professionals or companies. A company like VIVLA tends to offer better reliability: a **vetted network of local suppliers**, a team of specialists rather than a single person, clear processes, and the operational redundancy to cover for holidays, illness, or emergencies. #### How much does property management cost in Spain? Pricing models for property management in Spain vary significantly: - **Percentage of annual rental income** (typical for short-term rental managers): commonly 15%–25% of gross rental revenue. - **Fixed monthly fee** (typical for non-rented second homes): a flat recurring amount based on property size, location, and service scope. - **Per-task or commission basis** (typical for individual managers): a fee for each specific intervention. In every case, there are usually **additional costs** for specific services (major repairs, one-off deep cleans, specialist interventions) that aren't covered by the base fee. As with any service contract, the important thing is **transparency**: you should know exactly what's included, what's extra, and how costs escalate before you sign. A red flag to watch for: managers who only publish a low headline fee and leave the rest to "case by case". A good manager can tell you, in advance, what a typical year of costs for a given property looks like. #### How VIVLA manages every home in its catalogue At VIVLA, property management isn't an add-on service — it's **built into the ownership model**. When you co-own a VIVLA home, you don't choose a manager separately; the operation is handled end-to-end by the VIVLA team, and the costs are shared transparently among co-owners. The scope covers: - **Legal and corporate management of the SL** (Sociedad Limitada) that holds the property, including all filings, reporting to co-owners, and tax coordination. - **Payment and management of property taxes** (IBI, non-resident tax, community fees) and recurring monthly expenses (utilities, insurance). - **Preventative and reactive maintenance**, delivered through a vetted network of local suppliers for cleaning, repairs, gardening, pool service and more. - **Owner portal**: booking, reservations, cost tracking, and communications between co-owners and the management team. On top of the operational baseline, every owner gets **personalised service** for each stay: - **Pre-arrival preparation:** home cleaned, kitchen stocked with your preferences, music or climate set as you like it. - **Local representation:** especially useful if you don't speak fluent Spanish or don't know the local regulatory environment for real estate and tax matters. - **Rapid issue resolution:** before, during and after your visit. Plumbing problem on a Sunday night? It's handled. - **Storage and personal belongings:** coordinated so your things are where you want them every time you arrive. - **Concierge-style requests:** childcare recommendations, pet services, car rental, restaurant bookings, local activities — small things that turn a holiday into the kind of holiday you actually remember. Exact fees depend on the property (size, location, number of fractions) and are disclosed in full before you commit. You can see the up-to-date figures on each home on the [VIVLA listings page](https://www.vivla.com/listings). #### A second home that works — because someone else makes it work Owning a second home in Spain should mean **arriving with a key and nothing else on your mind**. That's only possible when the operational side is fully handled — which is why, at VIVLA, it's not an afterthought but the core of the proposition. If you want to understand how the co-ownership model works, read [What is Fractional Ownership](https://www.vivla.com/blog/what-is-fractional-ownership). If you're weighing your options, the [fractional vs timeshare comparison](https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know) breaks it down honestly. Or just have a look at the [current VIVLA homes](https://www.vivla.com/listings) and see which destinations and properties are available. A different kind of second-home ownership, in sync with how people actually live today: flexible, low-friction, and genuinely enjoyable. ### The best traditional tapas bars in Madrid - URL: https://www.vivla.com/blog/the-best-traditional-tapas-bars-in-madrid - Markdown: https://www.vivla.com/blog/the-best-traditional-tapas-bars-in-madrid.md - Published: 7 de julio de 2022 - Categories: estilo de vida - Reading time: 7 min > Madrid's tapas culture is a **social operating system**, not just a meal. Here are **6 historic bars**, some over a century old, that define the real Madrid tapeo. Tapas are one of Spain's defining culinary rituals, and Madrid is arguably the best city in the country to experience them properly. Going from bar to bar with a small plate and a glass of wine at each stop is less a meal than a **social operating system** — a way of moving through a neighbourhood, running into people, and ending the night somewhere you hadn't planned. Here's a curated guide to six of the most traditional, characterful tapas bars in central Madrid. Some are over a century old. All of them are the kind of places where time slows down the moment you push the door open. #### How to do a Madrid tapeo route These are bars chosen for **atmosphere, history and the quality of what they've been serving for decades**, not for trendiness. You can walk between most of them in under 30 minutes, which makes them ideal for a classic Madrid tapeo route: one small plate and a drink at each stop, then on to the next. #### 1. Casa González (1931) Tucked into a quiet corner of Madrid's old town, Casa González is the perfect blend of a late-19th-century gourmet shop and a tapas bar. Founded in 1931, it has kept its original signs, shelves and display cases. The menu is centred on **cheese, cured meats and Spanish wines** — many served by the glass — with a curation that reflects 90+ years of relationships with small producers. A great starting point for a Madrid night, especially if you want something relaxed and conversation-friendly. #### 2. Taberna Ángel Sierra (1917) In the heart of Chueca, right on its main square, this is one of Madrid's oldest surviving taverns. Founded in 1917 and **listed for its historical value by the city**, it preserves the original woodwork, hand-painted tiles, ceiling frescoes, antique clocks and the marble bar where Madrileños have been drinking **vermut de grifo** (vermouth on tap) for over a century. The vermouth here is rightly famous. Tapas are simple and classic: olives, anchovies, a good glass of wine. #### 3. Bodega de la Ardosa (1892) More than 130 years old and still absolutely itself. Tucked into Calle Colón in the Malasaña neighbourhood, La Ardosa is a small, dense space where wine barrels become tables, wrought-iron columns frame the bar, and every surface carries some form of decoration or memorabilia. It's justly famous for its **tortilla de patatas**, its **salmorejo** and its well-kept beers on tap. Expect to stand. Expect it to be crowded. That's the point. #### 4. Taberna de Antonio Sánchez (1787) Established in 1787, this is **one of the oldest taverns in Madrid still operating**. Walking in feels like stepping into a different century: dark wood, walls covered with bullfighting portraits and old newspaper clippings, hand-written signs advertising the day's specialities. Classic dishes include **rabo de toro** (oxtail stew), cured ham, chorizo platters, and olives. A genuinely historic place, and one of the best for anyone who cares about cultural context as much as food. #### 5. La Casa del Abuelo (1906) In the heart of central Madrid, La Casa del Abuelo has been run by the **same family for four generations** since 1906, recognised by the city for its long-standing tradition. Dark wood and marble finishes, an instantly recognisable atmosphere, and a single signature dish: **gambas al ajillo** — garlic shrimp seared in olive oil with parsley. It's the reason you come. Pair with a glass of their own wine and a few classic tapas. #### 6. La Castela Just east of Retiro Park, La Castela is the textbook example of a **great Madrid neighbourhood bar**: fast waiters, lively regulars, and excellent quality for the price (simple plates and sandwiches start around 5 €). The standout dishes are **rabo de toro** and surprisingly fresh seafood (Madrid may be inland, but its wholesale fish market is among the best in Europe), alongside classics like **tortilla de patatas** and **jamón serrano**. The ideal final stop after a walk in Retiro. #### Make Madrid yours: come back as often as you like If you come to Madrid often — for tapas routes, city breaks, or work trips — you probably end up wishing you could stay longer. Hotels add up, and Madrid is a city that rewards **slow, repeated visits**: a different neighbourhood each time, a new tapas route, a familiar Retiro walk at a different season. With [VIVLA](https://www.vivla.com), you can own a fraction of a carefully selected home in **central Madrid** — with all the operational side (maintenance, utilities, concierge) fully handled — and come back as often as you like, for several weeks each year. It's a way to turn Madrid from a destination into a second base, without the full financial and operational weight of buying outright. Explore the [current VIVLA homes in Madrid and other prime Spanish destinations](https://www.vivla.com/listings), or learn how the [co-ownership model](https://www.vivla.com/blog/what-is-fractional-ownership) works in practice. ### Fractional ownership vs timeshare: all you need to know - URL: https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know - Markdown: https://www.vivla.com/blog/fractional-ownership-vs-timeshare-all-you-need-to-know.md - Published: 7 de julio de 2022 - Categories: copropiedad - Reading time: 9 min > Timeshare and fractional ownership sound alike, but they work in **completely opposite ways**. Here's the side-by-side comparison that matters when you're choosing between them. If you're considering a second home in Spain but don't want to commit to full ownership, you've probably run into two names that sound similar but work in completely different ways: **timeshare** and **fractional ownership**. They're often lumped together as "shared vacation property" — and that confusion costs buyers real money. This post is a direct, side-by-side comparison. We'll look at how each model actually works, who really owns what, what you can resell, what you can't, and when one genuinely makes more sense than the other. If you want a definition-first explainer of the fractional model, read [What is Fractional Ownership](https://www.vivla.com/blog/what-is-fractional-ownership) first. This article is for when you already know both exist and need to decide. #### The fundamental difference: ownership vs usage rights The distinction is simple but decisive, and it's the first thing any buyer should understand: - **Timeshare:** you buy *the right to use* a property for a fixed period each year. You do not own the property itself. The resort or developer does. You have a usage contract, not a title deed. - **Fractional ownership:** you buy *a real share of the property itself*. Your name goes on a title deed (or, in the Vivla model, on the cap table of an SL — a Spanish Sociedad Limitada — that holds the property). You are a legal co-owner. This single difference cascades into everything else: resale value, capital appreciation, inheritance, financing options, and legal protection. The two models look similar on a brochure; they're structurally opposite on paper. #### Side-by-side: fractional vs timeshare across the factors that matter Here's how the two models compare across the factors that actually matter when you're making the decision: ##### **Legal ownership** **Timeshare:** usage rights only. The developer owns the property. **Fractional:** real co-ownership, backed by a title deed or equivalent legal instrument. ##### **Typical annual use** **Timeshare:** usually 1–2 weeks a year at a fixed resort or within a group of resorts. **Fractional:** 6–8 weeks a year per fraction (with VIVLA), in the specific home you co-own. ##### **Resale** **Timeshare:** notoriously difficult. The secondary market is flooded with owners trying to exit, often at 10–20% of the original price — or nothing at all. "How to get rid of a timeshare" is one of the most searched queries in the sector for a reason. **Fractional:** you sell your share like any other piece of real estate. It benefits from property appreciation, and the secondary market is increasingly active for prime locations. ##### **Capital appreciation** **Timeshare:** none. The value typically depreciates from the moment you sign. **Fractional:** your share tracks the value of the property. If the home appreciates, so does your fraction. ##### **Recurring fees** **Timeshare:** annual maintenance fees, often increasing each year, with limited transparency. **Fractional:** a proportional share of the real running costs of the property (maintenance, insurance, taxes, concierge), split among co-owners. ##### **Flexibility** **Timeshare:** mostly fixed weeks or a points system that still ties you to a network. **Fractional:** booking windows ranging from 2 years to 2 days in advance, with seasonal rotation among co-owners. ##### **Who actually owns the property** **Timeshare:** typically one developer or resort chain, with hundreds or thousands of usage-rights holders. **Fractional:** a small, defined group of co-owners (with VIVLA, usually up to 8 per property). #### A concrete example: a luxury villa in Marbella To make the difference concrete, consider a luxury villa in Marbella valued at **€2,000,000**. **Timeshare scenario:** - Upfront payment: €20,000–60,000 for one week per year at a comparable resort (not the same villa). - Annual maintenance: €800–2,500 per week, typically rising each year. - Ownership: none. You are buying the right to use a room in a resort for a week a year. - Exit value in 10 years: often close to zero. Many timeshare contracts are perpetual and hard to terminate. **Fractional ownership scenario (VIVLA, 1/8 fraction):** - Upfront investment: approximately 1/8 of the villa's value (around €250,000, plus legal and structuring costs). - Annual maintenance: your proportional share of the real costs — transparent and split among co-owners. - Ownership: a real share of the property, structured through an SL. - Exit value in 10 years: your fraction sells at the market value of the property at that time. If the villa appreciates 20%, so does your share. The upfront numbers look different. The long-term financial logic is completely different. #### The long-term costs most timeshare buyers don't see upfront Timeshare looks cheap on paper. The reason so many contracts end up in court is that the true cost only becomes visible years in. - **Perpetual or near-perpetual contracts.** Many older timeshares pass to heirs automatically. Exiting often requires legal action. - **Escalating maintenance fees.** Developers can raise annual fees with limited transparency, and owners have little collective bargaining power. - **Illiquid secondary market.** Re-sellers frequently report zero buyers, even at nominal prices. - **Aggressive sales practices.** The industry has a long history of high-pressure, long-session sales pitches that regulators across Europe have repeatedly investigated. - **"Upgrades" and switching costs.** Changing resort, week, or season often triggers new fees or fresh contracts. None of this means every timeshare experience is bad. It means the model's structural incentives work against the buyer in the long run, and that's before any individual company behaves well or badly. #### When does a timeshare actually make sense? Let's be fair. Timeshare is not objectively worse than fractional for every possible buyer. It can make sense in a narrow scenario: - You want **one or two weeks a year**, always at the same type of resort, with predictable service. - You **do not care about ownership, appreciation, or resale value** — you are effectively prepaying hotel stays. - You prefer **resort amenities** (pools, restaurants, entertainment) over a private home. - You have a **very small budget** and are comparing against the alternative of paying rack rates at a similar resort for 20+ years. If any of those describe you, a timeshare from a reputable operator with a clean contract can work. For anyone looking at a second home as an investment, an inheritable asset, or a real private residence — fractional ownership is a structurally better fit. #### How to decide which model fits you Choose **fractional ownership** when: - You want to **actually own** real estate, not just use it. - You plan to use the property for **several weeks a year** rather than just one. - You want the share to **appreciate with the property's market value**. - You care about **liquidity and exit optionality**. - You want the experience of a **private home**, not a resort. - You want to pass the asset on to your family, as you would any other real estate investment. Choose a **timeshare** when: - You genuinely want a **prepaid annual hotel stay** in a resort. - You are comfortable with **no ownership and no resale value**. - You use the property only **one or two weeks a year**. - You understand and accept the **long-term contract commitments**. For most of the people who contact VIVLA, the honest answer is that they don't really want a timeshare at all — they want a second home. They just didn't know fractional ownership existed. If that's your case, take a look at the [current VIVLA homes](https://www.vivla.com/listings), or read the [fractional ownership explainer](https://www.vivla.com/blog/what-is-fractional-ownership) for the full breakdown of the model. ### What is fractional ownership? - URL: https://www.vivla.com/blog/what-is-fractional-ownership - Markdown: https://www.vivla.com/blog/what-is-fractional-ownership.md - Published: 7 de julio de 2022 - Categories: copropiedad - Reading time: 6 min > Fractional ownership lets you **own just the part you need** of an asset — and nothing more. Applied to second homes, it means access to dream properties without the full financial and personal burden of sole ownership. The traditional concept of ownership has given way to new, redefined models of owning assets. The strong development of a sharing economy and the need for flexibility — paying for what we really need, not for what we rarely use — make fractional ownership a very sensible option. Ownership has existed since the beginning of humankind. Ever since the first group of humans set foot on Earth, they felt in possession of homes, food, pets, fire, you name it. It's just a basic instinct. With time, homes became one of the most important assets: they provided safety and a sense of attainment. In recent years, the old concept of ownership has evolved into new models — one of them being **fractional ownership**. Also known as **co-owning** or **shared ownership**, it offers a more flexible alternative to having and enjoying assets, especially those that are not essential but can provide a better quality of life and make us feel more fulfilled. Let us talk to you about how the concept of ownership has evolved, how the sharing economy has influenced it, the basic idea behind fractional ownership, and what alternatives **fractional home ownership** offers to people who really want to buy a second home but don't see full purchase as a cost-effective option yet. #### The long-standing idea of possession Beyond our long history of possession, the sense of ownership has been evolving through generations. Our parents bought homes and landed jobs thinking they would last forever. It topped their sense of accomplishment. But the world we live in is not the same anymore. We are not so worried about full ownership anymore. We are more aware now that resources cannot last forever, so we need to live with the idea of using just what we need — or at least we hope to have learned that along the way. For those of us who think about sustainability as well as profitability, the idea of owning just the part we actually need of something, instead of the full asset, is very appealing. That's when the concept of **fractional ownership** really kicks in. Our lifestyle has become more nomadic through the decades, which means our sense of possession and attainment is a lot less rooted and more versatile than for previous generations. Many of us aspire to own whatever makes us happy at a particular moment in life, knowing the feeling or need will not last forever. For many people today, a home is a **vehicle that facilitates the lifestyle you are seeking** at a particular moment in time — not a limitation or an anchor to a place or way of living you can't come out from. *Property is a means, not the ultimate goal*. Fractional ownership goes along those lines. It helps people detach from the old sense of possession and perceive ownership as a way of facilitating the flexibility we need, while providing the lifestyle we look for. #### Get the basics of fractional ownership The concept of fractional ownership is simple: you take an asset — let's say a home — divide it into different parts, and sell them individually to a group of people. Usually this is done through a **previously established legal structure** (an SL in Spain, an LLC in the U.S.), which makes it a lot tidier. To keep things in order, you set some basic rules for ownership: the amount of use each party gets, a common fund for costs, the upkeep of the asset, and any other benefits or obligations that come with it. Other types of fractional ownership extend to a full list of luxury assets like **art, yachts or expensive cars**. It allows buyers to expand their patrimony while diversifying it, minimising risks and maintenance costs. Essentially, it is a different mentality on owning things — smart and cost-effective by design. **Fractional ownership is often confused with timeshares.** The latter became popular in the 80s and 90s in the U.S. but their popularity came down after the initial craze. What you owned in a timeshare was never meant to be the property itself, but the time you could spend in somebody else's place (usually owned by resorts or big travel groups). Without real ownership, selling became very challenging — and it did. #### The economy of sharing Have you ever been an emotional buyer? You felt down or stressed and ran to your favourite shop for a spree, only to find out the initial happiness was actually temporary. Spending money and the feeling of having things doesn't really cut it beyond some basics. Resources are becoming more limited, and some parts of the world are getting too crowded or exploited. Even the Himalayan mountains have become too packed. Excessively owning things for the sake of feeling accomplished has led to a more conscious way of owning and a different consuming economy. The voice in our head that used to say "I want it" now says "**do I really need it?**". According to Forbes, fractional ownership is a leading factor in the development of a sharing economy and worth keeping an eye on. The difficult pandemic years helped develop other human instincts: sharing, living simpler, more fulfilling lives. We realised we don't need so many things to be happy. At least not those that money can buy. We have also become financially wiser and, in the search for simplicity, many of us have realised we want to avoid big financial burdens. We prefer to **own less but use it fully, without paying full price for it**. #### Fractional ownership for second homes When it comes to vacation homes, **fractional home ownership** makes even more sense. Why would you fully own a place, pay all its maintenance costs and repairs, and deal with financing it, when you know you will use it just a few weeks a year? At [VIVLA](https://www.vivla.com), buying a home means being the happy owner of a spectacular getaway spot in some of Spain and Europe's most amazing destinations. You can own a minimum of ⅛ of a property and enjoy approximately **6 weeks of vacation a year**, with the option to go up to ¼. VIVLA also manages the details of the purchase and sale process and handles all aspects of home maintenance and upkeep. You pay a fair monthly fee for all the management work and get services like storage, personal setup of your belongings, smart home technology and great amenities. If you think owning in a **smart and flexible way** is a sound option for you, let's start a conversation about our ownership model, its benefits, and how you can improve your quality of living. [Visit vivla.com](https://www.vivla.com) or talk to one of our experts. In the meantime, feel free to read our FAQs to resolve any doubts. ### Brexit and British residents in Spain - URL: https://www.vivla.com/blog/brexit-british-residents-spain - Markdown: https://www.vivla.com/blog/brexit-british-residents-spain.md - Published: 10 de marzo de 2022 - Categories: real estate - Reading time: 9 min > An **updated 2026 guide** for UK citizens living in — or buying a home in — Spain. Taxes, the 90/180 rule, the end of the Golden Visa, and the visa routes still available. Brexit brought a wave of changes for the more than **300,000 British residents living in Spain**, along with the hundreds of thousands of UK citizens who own a second home on Spanish soil. Since the UK officially left the European Union on 1 January 2021, property owners and would-be buyers have had to adapt to new residency rules, new tax obligations, and a shifting visa landscape that has continued to evolve through 2025 and into 2026. If you're a UK citizen who owns property in Spain — or you're thinking of buying — this guide explains **what has actually changed**, what hasn't, and the options available to you today. We've updated this article with the latest regulatory changes, including the end of the Golden Visa programme and the arrival of new residency routes. *Important disclaimer: immigration and tax rules change frequently and depend heavily on personal circumstances. This article is for informational purposes only. Always consult a qualified Spanish immigration lawyer and a cross-border tax advisor before making decisions.* #### Brexit in one paragraph: what actually changed for property owners Brexit is the agreement reached between the United Kingdom and the European Union that regulated the UK's departure from the European legal framework. The UK officially ceased to be an EU member state on **1 January 2021**. From that moment on, UK citizens stopped being EU citizens in legal terms — and that affects far more than just passports at the airport. Three areas are particularly relevant if you own property (or a share of one) in Spain: - **Residency and length of stay** — how long you can actually remain in Spain each year. - **Tax treatment** — especially rental income and annual non-resident obligations. - **Residency-by-investment pathways** — which have changed dramatically in 2025. The good news: **property rights haven't changed**. UK citizens can buy, own, inherit, and sell Spanish property on exactly the same terms as before. What changed is the fiscal and immigration framework around that ownership. #### Tax changes for UK property owners in Spain: the truth about 19% vs 24% This is where many articles online still get it wrong. Let's be precise, because these numbers matter. ##### **What did NOT change: Capital Gains Tax on sale (still 19%)** Contrary to a widely repeated myth, **Capital Gains Tax on the sale of Spanish property by non-residents remains at a flat 19%**, exactly as it was before Brexit. Some outdated articles (including early post-Brexit ones from 2021–2022) claimed the rate jumped from 19% to 24%. This is incorrect. The 24% rate is the general IRNR (non-resident income tax) rate applied to certain other types of Spain-source income — not to capital gains on property transfers. When you sell, the buyer still withholds 3% of the sale price via Modelo 211 and pays it to the Spanish Tax Agency on your behalf as an advance on your CGT. You then file Modelo 210 to either pay the remaining balance or reclaim any excess. ##### **What DID change: rental income tax (19% → 24%) and lost deductions** If you rent out your Spanish home, this is where Brexit really bit. Before 2021, UK citizens — as EU residents — paid non-resident income tax on Spanish rental income at **19%**, and could deduct expenses such as mortgage interest, IBI, community fees, repairs, insurance, and depreciation. From 1 January 2021 onwards, UK citizens are treated as **non-EU/EEA residents** for Spanish tax purposes. That means: - The tax rate on rental income rises from 19% to **24%**. - You can **no longer deduct expenses**. Tax is charged on the gross rental income, not the net profit. In practice, a UK owner renting out a villa in Marbella or an apartment in Mallorca now pays significantly more tax on the same rental income than before Brexit. This is the real financial impact for most British property owners. ##### **Annual imputed income (second homes not rented out)** If your property in Spain is a personal second home that you don't rent out, Spanish tax law still imputes a notional annual "income" equal to **2% of the cadastral value** (or 1.1% if the cadastral value was revised after 1994). For UK non-residents, this imputed income is now taxed at **24%** as well (up from 19%). ##### **Plusvalía municipal** Unchanged by Brexit. This local tax on the increase in land value applies when you sell, regardless of your nationality. #### Residency and time in Spain: the 90/180 rule (and ETIAS) This is probably the question that causes the most anxiety — and rightly so. Since Brexit, UK citizens are third-country nationals in the Schengen Area. The rule is clear and strict: you can stay in Spain (or any combination of Schengen countries) for a **maximum of 90 days within any rolling 180-day period**. That means if you own a holiday home in Ibiza, Mallorca or the Costa del Sol and you're not a Spanish resident, you can legally spend roughly **three months out of every six** in Spain — and then you must leave the Schengen Area. Overstaying carries real consequences: entry bans, fines, and complications for future residency applications. From 2026 onwards, UK travellers also need to factor in **ETIAS** (European Travel Information and Authorisation System), a mandatory pre-travel authorisation for visa-exempt non-EU citizens entering the Schengen Area. It's not a visa and doesn't change the 90/180 rule — but it's an extra step to complete before travelling. If 90 days isn't enough for you — and for many second-home owners, it isn't — you need a proper residency visa. #### Visa options for British citizens in 2026 This is where the 2022 version of this article is most out of date. Since 2022, Spain has introduced new visa routes **and** ended one of the most famous ones. Here's the 2026 picture: ##### **Golden Visa: closed as of 3 April 2025** The Spanish Golden Visa — which since 2013 had granted residency to non-EU citizens investing €500,000 or more in Spanish real estate — was officially terminated on **3 April 2025** under Organic Law 1/2025. For over a decade, this was the flagship route for UK investors post-Brexit. It is no longer available for new applications. Existing Golden Visa holders can continue to renew under the original rules, and applications submitted before 3 April 2025 are still being processed. But buying property in Spain today **no longer gives you an automatic right to residency**. ##### **Digital Nomad Visa (Ley de Startups, active since 2023)** Introduced in December 2022, this visa is aimed at remote workers employed by non-Spanish companies (or freelancers with mostly foreign clients). It grants a 1-year initial residency, renewable up to 5 years, with access to a favourable flat tax regime on Spanish-source income for the first 4 years. For UK remote professionals who want to live in their Spanish home year-round, this has become the single most popular replacement for the Golden Visa. ##### **Non-Lucrative Visa (NLV)** Designed for people who can support themselves without working in Spain — retirees, independently wealthy individuals, or those living off investments. Requires proof of passive income or savings (currently around €28,800/year for the main applicant, plus additional amounts for family members). You **cannot work** on this visa, which makes it ideal for retired British homeowners but not for those still earning. ##### **Entrepreneur Visa** For UK citizens looking to launch an innovative business in Spain. Requires a viable business plan and approval from ENISA. ##### **Still allowed: buying property as a non-resident** British citizens can continue to buy property in Spain freely. There are no nationality-based restrictions on property ownership. You'll need a Spanish NIE, a Spanish bank account, and proper legal representation — exactly as before Brexit. The only thing that's gone is the *automatic residency* that came with a €500,000+ purchase. #### Does co-ownership make more sense post-Brexit? Co-ownership is worth mentioning here because Brexit changed the economics of full ownership for many UK buyers. If your plan was to spend two or three months a year in your Spanish home, the combination of the **90/180 Schengen limit**, **higher rental taxation**, and the **loss of the Golden Visa route** makes full second-home ownership less attractive financially — especially for a property that sits empty most of the year. This is exactly the gap co-ownership was designed to fill. Instead of owning 100% of a property you only use 6–8 weeks a year, you own a meaningful share of a high-quality home and use it exactly the weeks you need. The running costs are split. The legal structure (a Spanish SL, with each co-owner holding shares) is handled professionally. And for UK buyers navigating the new post-Brexit reality, it often makes far more financial sense. #### The bottom line for British property owners in Spain Brexit didn't close the door on Spain for British buyers — but it did change the rules of the game. Today, the reality is: - You can still buy property in Spain freely. - Capital Gains Tax on sale is **still 19%** — not 24%, despite what many outdated articles still claim. - Rental income and imputed income are now taxed at **24% with no deductions**. - The **90/180 Schengen rule** applies, and ETIAS adds an extra step. - The **Golden Visa is gone**, but the Digital Nomad Visa, Non-Lucrative Visa, and Entrepreneur Visa are real alternatives. At [VIVLA](https://www.vivla.com), our local legal team handles the full purchase and ownership process, and can advise you on the visa route that best fits your situation — so you can keep enjoying your place in the Spanish sun without the bureaucratic headache. [Get in touch with VIVLA](https://www.vivla.com) to explore co-ownership options designed for the post-Brexit reality. ### What home swapping at VIVLA is (and how the new key system works) - URL: https://www.vivla.com/blog/intercambio-casas-vivla-sistema-llaves - Markdown: https://www.vivla.com/blog/intercambio-casas-vivla-sistema-llaves.md - Reading time: 6 min > A complete guide to VIVLA home swapping: what it is, how you earn access to other homes in the network, and how the new key system works. When you own with VIVLA you don't own one house: you hold a key to the whole network. Swapping has worked from day one; what changes now is how it is run. Co-ownership · 15 September 2026 · VIVLA Ibiza Baqueira Cantabria Let's start with the basics, because not everyone knows this: when you are an owner at VIVLA, you don't just have one home. You have a key — literally — to seventy-two more. It is called swapping, and it is one of the things that most sets VIVLA apart from owning an ordinary second home. Here is exactly what it is, what has changed with the new key system, and how each key is earned and spent. The essentials Share your week, earn keys. Keys are internal credits within the VIVLA community: they are not money, and they cannot be sold or transferred. No more waiting for a match. Publish more than 9 months ahead in mid or high season and the keys land instantly. More than 150 weeks in Spain and more than 18,000 international weeks within reach through the global exchange network. Value depends on where and when. A beachfront home in August generates more keys than the same home in February. Keys expire after 24 months, with reminders at 90, 30 and 7 days and one 12-month extension. Your first published week is worth double. If it is worth 10 keys, you receive 20. TL;DR — the key system in 60 seconds When you buy a share in VIVLA you own one specific home, but you can share your weeks with the rest of the community and, in return, access other owners' weeks in any other home in the network. That swap used to depend on finding a direct match: someone who wanted exactly your dates. Not any more. You share your week and earn keys — internal credits you can spend on any available home in the network, whenever you like, without depending on anyone else's calendar. You earn keys by sharing, and you spend them by travelling. That is the whole system, no catch. What is home swapping at VIVLA? When you buy a share in VIVLA, you own one specific home. But you also have the option to share your weeks with the rest of the community and, in return, access other owners' weeks in any other VIVLA home. In other words: your week in Ibiza can become a week in Baqueira, in Cantabria, or in any of the 70-plus homes in the network. Without buying another share, without paying extra. Just by sharing what you already have. This has worked from the very beginning. What is new is how it is run. The problem we had (and you probably never knew existed) Before · direct match Your week in Ibiza had to line up with another owner's — someone who also wanted to swap for exactly those dates. If that match never appeared, your week sat waiting. It worked, but it depended on luck and on somebody else's calendar. Now · keys You share your week and earn keys. You wait for no one: spend them whenever and wherever you want within the network. Your trip stops depending on someone else deciding for you. That is not freedom to travel, that is waiting for someone else to decide. The solution: a key system From now on, when you share your week you don't wait for a match. You earn keys. They are internal credits within the VIVLA community: not money, not for sale, not transferable to another owner — but valid to book any available home across the whole network. 1 You share Publish your week from the app, as far ahead as you choose. 2 You earn keys Instantly, or when another owner books it, depending on how much notice you give. 3 You travel Book any available home in the network, in Spain or abroad. How you earn keys 9months Well ahead of time Publish more than 9 months out, in mid or high season: you get the keys instantly, without waiting for anyone to book it. →on booking With less notice You earn the keys the moment another owner books your week. 1key Low season Each stay is worth 1 key, which covers management and cleaning costs. 2keys Bring a friend to VIVLA 2 extra keys if they buy a share. 2keys Loyalty Travel to more than two community homes each year and you add 2 loyalty keys. ×your home Your home sets the value It depends on where it is and which season you share it: beachfront in August generates more keys than the same home in February. It makes sense: it reflects what that week is really worth on the market. How you spend your keys With keys you book any available home in the network. All from the app, where your key wallet works like a bank account statement — only for holidays. 150+ weeks available across the VIVLA network in Spain 18,000+ international weeks via the global exchange network 24 months each key stays valid, with one 12-month extension Before they expire, we remind you 90 daysFirst reminder 30 daysSecond reminder 7 daysFinal reminder +12 monthsOne-off extension if you need more room There is no way to lose a key by forgetting about it. Is it better than renting my home out? Almost always, yes. The value of your keys reflects the same amount you would make renting your week on the market, but without the commission any rental platform takes along the way. What your home is worth stays in your key wallet, not in a middleman's hands. If you are weighing up the two routes, renting out your share versus using it yourself has the detail on when each one pays off. Your welcome gift to the new system ×2 The first week you publish in the new system does not earn you the usual keys. It earns you double. If that week is worth 10 keys, you get 20. It is our way of saying thank you for being among the first to trust it. Why this matters Swapping was always one of the best reasons to be an owner at VIVLA: one home that turns into many. The key system simply makes that benefit fairer, faster and more yours. You share when you want, you travel when you want, and you no longer depend on someone else deciding for you. One home, the whole network This is what your key opens. Mountain, island, Atlantic coast and green north. Real homes with real title deeds: you buy one share, and your weeks can become any of the others. Swipe to explore → ← → Ibiza · Balearics Casa Luma 315.000 € · 1/8 share 4 bed3 bath274 m² View home → Baqueira · Val d'Aran Casa Saut 195.000 € · 1/8 share 4 bed4 bath184 m² View home → Cantabria · North coast Casa Luaña 175.000 € · 1/8 share 5 bed3 bath208 m² View home → Menorca · Coves Noves Casa Coves 190.000 € · 1/8 share 5 bed4 bath203 m² View home → Asturias · Llanes Casa Torimbia 135.000 € · 1/8 share 4 bed3 bath202 m² View home → Request more information See all available homes Shares shown are 1/8, each carrying 6 weeks a year. Prices as published on each home's page on 15 September 2026 and subject to change — check the listing for current availability. Frequently asked questions What exactly is a key at VIVLA? A key is an internal credit within the VIVLA community. It is not money: it cannot be sold or transferred to another owner. It is used to book any available home in the network. You earn keys by sharing your weeks and spend them by travelling. When do I receive the keys for the week I share? It depends on how much notice you give. If you publish more than 9 months ahead in mid or high season, you receive the keys instantly, without waiting for anyone to book it. If you publish with less notice, the keys arrive the moment another owner books that week. Is every week worth the same? No. The key value your home generates depends on where it is and which season you share it in: a beachfront home in August generates more keys than the same home in February. In low season each stay is worth 1 key, which covers management and cleaning costs. Do keys expire? Yes, after 24 months. Before that happens you get reminders at 90, 30 and 7 days, and if you need more room there is a one-off 12-month extension. Your balance and history are always in the key wallet in the app. Is swapping better than renting my week out? Almost always, yes. The value of your keys reflects the same amount you would make renting your week on the market, but without the commission any rental platform takes along the way: what your home is worth stays in your key wallet, not in a middleman’s hands. How many homes can I access with my keys? Any available home in the VIVLA network, with more than 150 weeks in Spain, plus more than 18,000 international weeks through the global exchange network. Everything is booked from the app. Is there any advantage to being early? Yes. The first week you publish in the new system earns you double keys: if that week is worth 10 keys, you receive 20. The terms of the key system — valuation by home and season, publishing deadlines, expiry and extension — form part of the VIVLA community's internal rules and may be updated. Keys are an internal credit with no monetary value: they are not redeemable for cash and not transferable between owners. Check the terms in force in the app before publishing or booking a week. ## Frequently Asked Questions Everything you need to know about Vivla co-ownership: the buying process, your home experience, the booking system, the legal model, exchanges and renting. ### Buying process **Am I the 100% owner?** Yes, you are co-owner and shareholder of an SL, you sign a partnership agreement. At the time of signing, the co-owners own 100% of the house. The co-owners have total freedom to manage the house and Vivla takes care of the incidents. Having the real ownership of the house, you have deeds. You can buy and sell whenever you want and at the price you want. **Does it work as a normal real estate purchase?** Yes, the legal forms and closing process are similar to those for a standard home purchase. **How many fractions is a house divided into?** Each house is divided into 8 fractions, up to a maximum of 4 per house can be purchased. **What are the phases of the sales process?** You will be able to reserve your fraction by making a deposit, if the purchase does not go through it will be returned to you and if it goes ahead it will be discounted from the total amount. After the deposit you will be able to consult any legal questions with our team of lawyers and finally the purchase will be signed before a notary. **What are my annual maintenance costs?** They vary depending on each home, typically between 3% and 5% per year of the fraction’s price. For example, if your fraction costs €100,000, the typical monthly maintenance cost would be around €300. **Do I have a relationship with the other owners?** The model is set up so that your relationship is with Vivla and you don't need to get to know the rest of the owners. However, we organize events during the year to which we invite the owners to get to know each other. ### Home experience **Do the houses come already decorated?** Yes, we have an interior design studio within Vivla that is in charge of all decoration projects. **Can I leave my things at home?** Yes, we have storage spaces for you to leave some of your things, such as skis in the case of Baqueira. **What happens if something breaks in the house?** If it is a matter of wear and tear, such as a light bulb, it is paid for by all the owners. If during an owner's stay something breaks due to his fault, he pays for it. **What services do I have access to as an owner?** All owners have a Guest Experience to help them at all times, they will have the house prepared for each owner with their things. Your Guest Experience can help you with any of these additional services such as stocking the fridge or hiring a private chef. **Is VIVLA in charge of maintenance and ensuring that everything is in good condition?** We fully manage your home, from maintenance and repairs to any economic or legal aspect of it, so that it is always ready to enjoy. **Will the house be clean and tidy when I arrive?** When you get home you will find all your things, the groceries in the fridge, and everything you need. When you leave we will keep all your things in a safe place for your next stay. ### Booking system **How many days per year per fraction?** You are entitled to 42 days per year, which are divided differently in the beach or mountain houses so that all owners have the same opportunities. **How are the weeks distributed?** 🏖 In the beach houses you get 6 weeks, you can choose: 1 week in prime season and 1 week in high season, 2 weeks in mid season and 2 weeks in low season. 🏔️ In the cottages or mountain houses there are 17 days of ski season divided into 3 stays, one in high season (December long weekend, Christmas, New Year's Eve...) and 2 stays in ski season which is not high season. In addition you have 1 week in summer season (July and August) and 3 stays out of summer and ski season. **How does the fraction exchange work?** We have developed a system that promotes equity among all our owners, ensuring that each year you have excellent options to choose from. In the first year, the order is determined by the date of purchase. From the second year onwards, our innovative system comes into action. **Can I rent my weeks?** Yes, all owners will be able to rent their stays after two selection rounds and an exchange window, and the VIVLA team will try to maximize occupancy and profitability using the best tools on the market to optimize the price. Rental profit is shared equally only among owners who have chosen to rent. **What are my annual maintenance costs?** They vary depending on each home, typically between 3% and 5% per year of the fraction’s price. For example, if your fraction costs €100,000, the typical monthly maintenance cost would be around €300. ### Legal model **What is the legal model like?** Yes, you are co-owner and shareholder of an SL, you sign a partnership agreement. At the time of signing, the co-owners own 100% of the house. The co-owners have total freedom to manage the house and Vivla takes care of the incidents. Having the real ownership of the house, you have deeds. You can buy and sell whenever you want and at the price you want. **Is there a financial return?** We only buy properties with high historical revaluation. Access the exclusive real estate market, invest in a safe haven asset that generates wealth in the long term. **Can I sell whenever I want?** Yes, sell your fraction whenever you want or exchange it for another fraction of a Vivla house. VIVLA co-owners have three liquidity windows. During the first 12 months, a VIVLA co-owner can exchange his fraction in a VIVLA home for any other available VIVLA fraction. If the price of the new fraction is higher, he pays the difference. If it is lower, the difference remains as a credit to cover the maintenance costs of the new fraction. After 12 months, the co-owner can sell his fraction at the market price. **What happens if an owner does not pay?** The partners' agreement establishes that you are not allowed to enter the housing, as long as you do not pay. Your housing is put up for rent to ensure the payment of your expenses. **What happens if Vivla disappears?** Nothing! Everything is already foreseen in the partners' agreement. When we sell the house we become only the administrator of the property, so it would be a change of administrator. You can also do it if you do not like our management. In case of disappearance, Vivla commits itself to transfer the list of local suppliers who provide services to the house: cleaning, maintenance... and to transfer the use of its application for life and free of charge. ### Exchange **How does the fraction exchange work?** It works in a very simple way, if you offer a week to exchange, you get a week in another Vivla house within the same season. This allows you to move on to enjoy the rest of the houses. **When can I exchange stays?** This is a 30-day period, which opens after the two rounds of choice of stays have closed, during which owners can request to exchange their stays with other owners. It's simple: you can exchange between owners of the same VIVLA house or of different VIVLA houses in different destinations, as long as it is within the same season. **How can I exchange weeks of my own home?** One owner will request it, and the Guest Experience Manager (GEM) will contact the other owner to confirm if there is mutual interest in the exchange. **How is the order of priority for the exchange of stays determined?** Exchange requests from other owners will be analyzed to find the best match. Owners with weeks off within that requested season will be prioritized, followed by those with the most weeks of inactivity marked in that season. The order of selection of the weeks according to Round 1 will also be taken into account. ### Renting **Where can I check the weeks I have available for rent?** You can check your available weeks at any time by accessing our VIVLA mobile app or through our rentals website. These platforms offer you an interactive and always updated calendar, where you can manage your rental weeks easily and quickly. **When is the best time to rent my property?** To maximize bookings and profitability, we recommend listing your property at least six months in advance, especially for the high season, where demand is higher. However, we understand that every owner has different needs, so our platform allows you to adjust availability flexibly and at any time. **Is it viable to rent my property during low season?** Yes, it is totally viable. Although the demand in low season may be lower, our experience and marketing tools allow us to attract interested tenants, optimizing the visibility of your property and ensuring that it continues to generate income throughout the year. **What is the main reason you use platforms like Airbnb to manage my bookings?** Platforms like Airbnb allow us to reach a global audience, increasing the visibility of your property and the likelihood of bookings. This translates into a significant increase in occupancy and profitability. In addition, we complement this exposure with our internal network of exclusive clients, which represents 65% of our reservations. **What methodology do you use to determine rental prices for my property?** At VIVLA, we use advanced tools such as AirDNA and Hostaway to perform real-time market analysis. These tools allow us to dynamically adjust prices based on location, season, demand and market trends, always ensuring competitiveness and maximum economic performance. **How do the commissions applied to my property work?** We charge a 15% commission on the rental price, which includes the integral management of reservations, marketing, customer service and price optimization. Occasionally, platforms such as Airbnb may apply additional commissions of 20-25%, although this only affects 35% of our bookings, as the majority come from our internal network. **How do you ensure that tenants are responsible and suitable for my property?** We conduct a rigorous screening process that includes identity and background checks, as well as a review of the tenants' history on rental platforms. In addition, 65% of bookings come from our internal network of exclusive clients, composed of people who share VIVLA's values and standards, ensuring quality of tenants. **What happens if there is damage to my property during a stay?** Your peace of mind is our priority. We have an insurance that covers possible damages caused during stays. In addition, platforms such as Airbnb offer additional guarantees for hosts. In case of incidents, our team will manage the entire claim and resolution process efficiently. **How are incidents that may arise during tenants' stays handled?** Our customer service team is available 24/7 to handle any incidents that may arise during tenants' stays. We take care of resolving issues quickly, ensuring a seamless experience for both tenants and you. **How and when will I receive the income generated by the rental of my property?** The income generated by the reservations is applied directly to reduce your monthly property fees. This calculation is done annually, and soon you will be able to view it in real time through our application. **What differentiates VIVLA from other vacation rental management companies?** VIVLA is not just a rental manager; we are a strategic partner. We offer a comprehensive service that includes advanced marketing, personalized management, an internal network of exclusive clients and innovative technology to optimize the profitability of your property. **How does VIVLA ensure that my property is always in the best condition?** We coordinate professional cleaning and maintenance services after each stay. In addition, we conduct regular inspections to ensure that your property is kept in pristine condition, preserving its value and ensuring an exceptional tenant experience. **How does VIVLA manage the occupancy of my property in high season to maximize revenue?** In high season, we implement specific marketing and price optimization strategies. We work to position your property as an outstanding option in the market, maximizing both occupancy and revenue during these high-demand dates. **What guarantee do I have that my property prices are competitive?** Our technology continuously analyzes the market in real time, using platforms such as Hostaway and AirDNA. This allows us to dynamically adjust prices, ensuring that they are always competitive and that your property reaches its maximum income potential. **How does VIVLA manage tenant payments and revenue sharing?** We receive payments directly to the company that owns your property, and once the income is reflected, we automatically block the weeks in our application. This process is completely transparent and instantaneous for your peace of mind. **What happens if I decide to stop renting my property?** You can withdraw your property from the rental program at any time, always respecting previously confirmed reservations. We make sure that the process is quick and easy, adapting to your needs. **How long does it take to start receiving reservations?** The time to get the first bookings depends on factors such as the location of your property and the season. However, thanks to our experience and marketing strategies, in general, bookings usually arrive within the first weeks after the publication of the ad. **Rental Process** At Vivla, we make the process of renting your weeks easy and professional. We start by establishing a clear policy of terms and conditions, including fees, cancellations and property-specific requirements. We draw up a rental contract that supports your interests and complies with current legal regulations. **Comprehensive management of your rental** At Vivla, we take care of the integral management, from obtaining or updating the tourist license, to the onboarding of your property on our platform. We design attractive and strategic ads that maximize visibility on platforms such as Airbnb, manage reservations and take care of all the dealings with tenants. **How we communicate the status of the leasing process to owners** Our approach is designed to give you total peace of mind. Throughout the process, we keep you informed about bookings, income and any relevant incidents. We also manage key aspects such as renewal of tourist licenses or compliance with local regulations. **Cancellation Policy** Guests must cancel at least 60 days prior to arrival to receive a 50% refund of all nights. If you cancel after that time, you will receive 100% of all nights. ## Owner Stories Real stories from Vivla co-owners about buying and enjoying their fractional home. - Living differently: Jose’s take on enjoying his Casa VIVLA (menorca) - The Casa VIVLA experience, told by those who live it (cantabria) - The Casa VIVLA experience, told by those who live it (costa-blanca) - The Casa VIVLA experience, told by those who live it (costa-brava) - How Laura found her ideal Casa VIVLA (costa-de-la-luz) - Why co-owning a Casa VIVLA in Sotogrande just makes sense (costa-del-sol) - How we made Formentera part of our life with VIVLA (formentera) - Inside the decision to co-own a Casa VIVLA in Ibiza. (ibiza) - The Casa VIVLA experience: Ski season through the eyes of an owner (baqueira) - **Ander Bilbao, Casa Nheu in Baqueira**: I belong to a community that opens my mind to new worlds. - **Jorge & Saskia, Casa Saona in Formentera**: You know that when you arrive your home will be ready with everything you need. - **Almudena, Casa Gades in Cádiz**: The moment I saw the house, I fell in love with it. - **Patricia, Casa Saona in Formentera**: They understand me, take the worry away and make my holidays so much easier. - **Susana & Ciro, Casa Nheu in Baqueira**: You know it's yours and that you can go whenever you need to switch off. - **José Saez, Casa Coves in Menorca**: We were looking for a space where we could come together to work. - **Irene Vink, Casa Tarida in Ibiza**: We finally have a beautiful place in Ibiza, without the complexity of owning it alone.