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Blog
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Why investing in a co-ownership home is a compelling alternative
Investing in a co-ownership home offers a compelling alternative for vacation properties. Co-ownership reduces financial obligations and maintenance costs by spreading expenses among multiple owners, making high-quality real estate more affordable. It reduces the individual financial burden of shared costs for maintenance, taxes and utilities and enables a more effective use of capital. Ideal for people aged 30 to 65 and families looking for luxury and flexibility. Co-ownership offers a profitable investment with attractive value appreciation potential and ensures a worry-free experience through management and maintenance.
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Law on the legalisation of illegal buildings in Mallorca passed
The Balearic Government has passed a legislative package that allows the legalisation of illegal buildings in Mallorca. This applies to buildings and extensions that were erected without a permit, such as pools. Legalisation can be applied for within three years of publication in the BOIB Law Gazette, provided that the violation of building law occurred at least eight years ago. Owners have to pay fees and implement environmental measures. Low-income households receive discounts. Buildings that are subject to expropriation, demolition or the Coastal Law, as well as those that require tourist licenses, are exempt from legalization. Holiday rentals of legalized buildings are excluded.
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Interesting facts about Mallorca
Mallorca, the island paradise, impresses with 300 days of sunshine, a UNESCO cultural heritage, excellent health care, sporting highlights, luxury infrastructure and top educational opportunities.
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8 things to do about Mallorca
Mallorca surprises with lesser-known facts: a hiking and cycling paradise, historic windmills, breathtaking dragon caves, royal summer residences, a diver's paradise, Chopin's winter escape and a rich culinary heritage. Discover the fascinating diversity of Mallorca, far beyond the well-known beaches.
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Co-ownership: The key to high-quality holiday ownership for one in four Germans
A new study by EY reveals how co-ownership models make high-quality holiday properties accessible to one in four Germans. Shared ownership opens up new opportunities for sustainable and affordable luxury. Read more on Business-on.de.
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From tourist hotspot to "Miami of Europe": Mallorca's attraction for German founders and investors
Mallorca is transforming itself from a holiday paradise into a dynamic business centre, the "Miami of Europe". German founders and investors appreciate the combination of quality of life, tax incentives and an international community. Discover the factors that make Mallorca a hotspot for entrepreneurship and innovation.
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