€164,000for a 1/8 share1/8 Co-Ownership

Son Verí Nou, Mallorca, Spain — 2-Bed Penthouse With Private Roof Terrace & Sea Views

2Bedrooms
2Bathrooms
110 m²Living area
44Nights / year · minimum
1/8Share size
Contact UsEnquire
I'm interested

About This Property

A top-floor penthouse in Son Verí Nou, a quiet, well-kept residential pocket on Mallorca's south coast where the streets end at the water and the bay of Palma opens out towards the Serra de Tramuntana.

The private roof terrace is what sets this apartment apart: an entire upper level to itself, with sea and coastal views and room for dining, sunbeds and shade. One floor down, a covered balcony gives a cooler, sheltered place to sit through the middle of the day, off an open living and dining space.

Features & Amenities

  • Private roof terrace
  • Sea and coastal views
  • Covered balcony
  • Shared garden and pools
  • Walking distance to the sea and swimming spot
  • Playa S'Arenal 5 minutes away
  • Palma 15 minutes away
  • Palma Airport 10 minutes away
  • Restaurants and shops within walking distance
  • Fully managed
  • 1/8 ownership share

Location

Son Verí Nou, 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: €164k for a 1/8 share of a €1.3M 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

€440

per night you stay

Real cost over 10 years
€193,600
Money tied up
None
Back when you sell
Nothing
Nights a year
44

Co-own a 1/8 share

€261

per night you stay

Real cost over 10 years
€115,034
Money tied up
€177,120
Back when you sell
€155,800
Nights a year
about 44

Buy the whole home

€2,092

per night you stay

Real cost over 10 years
€920,276
Money tied up
€1,416,960
Back when you sell
€1,246,400
Nights a year
44 of 365

At 44 nights a year, owning a share works out at €261 a night: €179 a night less than renting and €1,830 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

When are you thinking?
Roughly what were you thinking of spending?
Have you looked at co-ownership before?

Similar Properties in Mallorca

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

2Beds
124 m²Home size
€259,0001/8 share
2 Beds124 m²

€259,000

1/8 share
View Property →
2 shares left

Ciudad Jardin, Mallorca, Spain — 2-Bed Apartment With Pool

2Beds
133 m²Home size
€189,0001/8 share
2 Beds133 m²

€189,000

1/8 share
View Property →

Palma, Mallorca, Spain — 1-Bed City Apartment With Two Balconies, Pool & Spa

1Bed
70 m²Home size
€124,0001/8 share
1 Bed70 m²

€124,000

1/8 share
View Property →