Mallorca
,
Palma
,
Spain
Palma Corazón — Palma, Spain
124000
EUR
/ share
1
Beds
1/8
Rentable
General Information
Price Details
Share price:
124000
EUR
Number of shares:
1/8
About this property
A modern city apartment in Pere Garau, one of Palma's most authentic and vibrant neighbourhoods, in the heart of the city.
Two covered balconies, a shared inner courtyard with pool, and a shared fitness and wellness area with spa and hammam.
About the destination
A whole villa on Mallorca is typically valued well over €1M in prime areas — through co-ownership, a deeded share starts from €119,000, with listings sold in 1/8 fractions averaging around €259,000 per share. Kocomo lists co-owned homes across Mallorca's most sought-after zones, from Palma's city neighborhoods to the southwest coast and the Tramuntana mountains, each fully managed with transparent pricing and resale support built in. Every listing comes from vetted providers like MYNE and Nomadu. As the largest of the Balearic Islands, Mallorca offers a mix of city life, mountain villages, and coastal resorts that few Mediterranean destinations can match. Here is what is for sale now, what it actually costs, and how co-ownership works on Mallorca.
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Learn about co-ownershipProvider
From our own experience, we know what hurdles there are in the purchase and use of vacation properties. Most vacation properties are used by the owners themselves for only 8 to 10 weeks per year. Nevertheless, owners have to bear the entire purchase price as well as the running costs alone until now.
We are changing this! With our innovative principle of MYNE co-ownership, 2 to 8 owners with complementary usage needs jointly own their dream vacation property and share the costs.
Our houses and apartments are characterized by their special location, stylish furnishings and high-quality equipment. Each property is designed for year-round use and is equally suitable as a vacation home, a second home and a home office for families, couples and singles.
We take care of everything: from the professional valuation of properties to renovation and furnishing to value-oriented management and coordination of all service providers. MYNE co-owners can simply arrive and enjoy their home away from home.