Sant Elm, Mallorca, Spain — 3-Bed Garden Apartment With Private Garden & Shared Pool
I'm interestedAbout This Property
Sant Elm sits at the far south-west tip of Mallorca, where the Tramuntana mountains run down to the sea and the island quietly runs out of road. This new-build garden apartment belongs to that setting: Mediterranean greenery, a short walk to the water, and none of the bustle of the bigger resorts.
The south-east-facing terrace catches the morning sun, and the private garden beyond it makes the outdoor space the real living room — slow breakfasts, afternoons in the shade, dinners that run late. The well-kept development adds a shared pool with sun loungers and a separate children's pool.
Features & Amenities
- New-build garden apartment
- Exclusive location in Sant Elm
- Sunny south-east-facing terrace
- Small private garden
- Shared pool and separate children's pool
- Sandy beach and bathing coves a few minutes away
- Waterfront promenade with views of Sa Dragonera
- Ferry to Sa Dragonera within walking distance
- Stand-up paddleboarding, kayaking and boat trips nearby
- Hiking and cycling routes in the Tramuntana foothills
- Cafés and restaurants on the promenade
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: €169k for a 1/8 share of a €1.4M 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
€450
per night you stay
- Real cost over 10 years
- €198,000
- Money tied up
- None
- Back when you sell
- Nothing
- Nights a year
- 44
Co-own a 1/8 share
€269
per night you stay
- Real cost over 10 years
- €118,542
- Money tied up
- €182,520
- Back when you sell
- €160,550
- Nights a year
- about 44
Buy the whole home
€2,155
per night you stay
- Real cost over 10 years
- €948,333
- Money tied up
- €1,460,160
- Back when you sell
- €1,284,400
- Nights a year
- 44 of 365
At 44 nights a year, owning a share works out at €269 a night: €181 a night less than renting and €1,886 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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