€259,000for a 1/8 share1/8 Co-Ownership

Ciudad Jardín, Mallorca, Spain — 2-Bed Terrace Apartment With Sea View & Pool

2Bedrooms
2Bathrooms
124 m²Living area
44Nights / year · minimum
1/8Share size
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About This Property

Set right on the seafront beside a fine sandy beach, this modern terrace apartment in the sought-after neighbourhood of Ciudad Jardín blends easy Mediterranean living with the closeness of Mallorca's capital, Palma.

The sunny, south-west-facing terrace looks out over the sea — made for long lunches and warm evenings under the open sky. The well-kept complex, with a shared pool and a children's pool, sits within a lovingly landscaped garden for a relaxed atmosphere right by the water, and an optional in-home sauna adds a spa-like touch.

Features & Amenities

  • Sea views
  • South-west facing terrace
  • Shared pool
  • Children's pool
  • Landscaped garden
  • Optional private sauna
  • Beachfront location
  • Near Palma

Location

Ciudad Jardín, Mallorca, Spain

How Co-Ownership Works

How Co-Ownership Works

  • You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
  • 44 nights a year, minimumStays are scheduled fairly between the co-owners across the whole year.
  • Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
  • Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
  • You set the resale priceThe share then goes on the open market.
  • Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.

What a night here really costs

Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.

Prefilled with this home: €259k for a 1/8 share of a €2.1M home.

Assumptions

Example figures: change them to your own. This home's real running costs are a button away below.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Rent every year

€690

per night you stay

Real cost over 10 years
€303,600
Money tied up
None
Back when you sell
Nothing
Nights a year
44

Co-own a 1/8 share

€413

per night you stay

Real cost over 10 years
€181,670
Money tied up
€279,720
Back when you sell
€246,050
Nights a year
about 44

Buy the whole home

€3,303

per night you stay

Real cost over 10 years
€1,453,362
Money tied up
€2,237,760
Back when you sell
€1,968,400
Nights a year
44 of 365

At 44 nights a year, owning a share works out at €413 a night: €277 a night less than renting and €2,890 less than owning the whole home for the same stays.

Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Want the real numbers for this home?

We'll send its yearly running costs with the full photos and floor plans.

Enquire About This Property

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