Luxury Co-ownership Oasis Altaona
A carefree way to Invest in Murcia, southern Spain
Enjoy your
co-ownership
for 90 days
Each owner holds at least one share (25%), which entitles them to use their villa for 90 days per year. Stay periods are distributed evenly throughout the seasons and owners can exchange or rent out any unused time, ensuring maximum flexibility and convenience.
Altaona Sports & Wellness Resort co-ownership model offers a unique opportunity to own a high-end villa in Spain without the full financial commitment. Each property is co-owned by up to four people, allowing you to enjoy a luxurious second home for a fraction of the cost.
Key facts at a Glance
- Structure: Each villa is owned by a Spanish company (SL) with a maximum of 4 co-owners.
- Ownership: Each owner holds at least 1 share equating to 25% ownership of the villa. Owners can buy 1 or multiple shares.
- Handover: The villa is handed over once at least 3 of the 4 co ownership shares have been sold.
- Usage: Every 25% share gives around 90 days of personal use per year, with stay periods fairly divided across the various seasons.
- Lifestyle: Luxury, fully furnished villas with a private pool and outdoor living, located in a secure resort with sports and wellness facilities.
- Income: Unused days/weeks can be rented out via a professionally managed rental pool, with income distributed pro-rata between owners.
- Management: Hassle-free, fully managed concept – maintenance, cleaning, garden, pool and guest management are all taken care of.
Luxury villa Features
The villas in Oasis Altaona have the following main features:
- High-end finishes and premium materials.
- Fully furnished with designer furniture and top-tier appliances.
- Landscaped garden with a private beach-style pool and Jacuzzi.
- High-quality outdoor furniture and fully equipped outdoor kitchen.
- Personal “Owner’s Closet” for storage of personal items (e.g., linen, pictures).
Usage, booking & Seasons
As a 25% owner you enjoy approximately 90 days of personal use per year. To ensure fairness between co-owners, usage is structured across different seasons and managed via a clear booking system.
Seasons are typically organised as follows:
- High-season – peak travel periods during summer holidays.
- Mid-season – festive seasons, spring and autumn months, ideal for golf and outdoor activities.
- Low-season – quieter periods, perfect for extended stays, remote working and spontaneous trips.
Each owner receives an attractive mix of high, mid and low season weeks in line with their shareholding. The system is designed so that no single owner can claim all the most popular weeks every year.
Booking Stays
Co-owners can book their stays in a convenient, fair and transparent manner. The following characteristics apply to bookings:
- Advance planning – Owners can reserve key dates well in advance, including school holidays and special occasions.
- Fair priority – Priority rules are defined in the co-ownership agreement to guarantee transparency between owners. When several co-owners would like the same popular weeks (for example in July, August or at Christmas), a clear priority system is applied. This system rotates priority between owners over the years, so that everyone has a fair chance to book prime dates. The rules are transparent and the same for all co-owners.
- Swapping – Co-owners may agree between themselves to swap weeks, supported by the planning tools provided. Example: One family may use three weeks in summer and one week at Easter, while another owner prefers several short trips in spring and autumn. The booking system allows both usage patterns to coexist comfortably.
Reserve Fund
To ensure that the villa remains in excellent condition over the long term, a reserve fund is built up to cover larger future works. This may include repainting, replacement of furniture or equipment and other capital improvements. Contributions to this fund are typically planned in the annual budget, so these expenses are predictable and shared fairly.
Legal & Ownership structure
Each villa is owned by a dedicated Spanish limited company (Sociedad Limitada – SL). As an owner, you hold shares in this company. The company owns the property and is responsible for its obligations. In simple terms: You own shares in the company, the company owns the villa.
Key points
- One SL company per villa, keeping ownership clear and simple.
- Up to four co-owners per villa, each holding at least 25%.
- Your share reflects both your usage rights and your economic interest in the property.
- A Co-Ownership/Shareholders’ Agreement describes the rights and responsibilities of all parties in detail.
Governance & decision-making
The Co-Ownership Agreement sets out how decisions are made:
Day-to-day matters (maintenance, minor repairs, cleaning, guest services) are handled by the property manager (Taolis).
Major decisions (significant investments, structural changes, sale of the villa) are taken by vote among the shareholders, according to predefined majority rules.
Regular reporting and budgeting keep all owners well informed and involved at the appropriate level.
Exit strategy & Resale
The Oasis Altaona co-ownership model is designed to be flexible. If your circumstances change, you have options to exit or adjust your participation.
Selling your share – You can sell your share in the SL, subject to the terms of the agreement. Existing co-owners have a first right to purchase before the share is offered to new buyers.
Valuation – The value of a share will usually be linked to the current market value of the villa and market conditions.
Sale of the entire villa – If all owners agree, the company can sell the villa as a whole. After taxes and sale costs, the net proceeds are distributed among the shareholders according to their ownership percentages.
Protection against non-Payment
To safeguard all co-owners, the agreement includes measures in case one owner fails to pay their share of the costs. As soon as an owner’s debt reaches 2.000 euros, as determined according to the Co-Ownership Agreement, this results in a temporary suspension of usage rights and allocation of that owner’s weeks to rental, with the resulting income used to settle outstanding amounts. This ensures continuity of maintenance and fairness for the remaining owners.
Why Choose
co-ownership?
- Affordable way to own a high-end property.
- Generate rental income while enjoying a luxurious home.
- Flexible usage with the ability to swap or rent out unused days/weeks.
- Hassle-free management and maintenance. Property always in pristine condition and always clean upon arrival.
- Dedicated app for seamless planning of stays, rentals, and scheduling.
