Historic manor house with views of the Tramuntana mountains
Spain, Mallorca, Alaró
- EUR 1,060,000
- ⅛ share
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EUR 6,850,000Full listing price
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7Beds
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7Baths
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1200 m²House size
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20000 m²Land size
Overview
Authentic manor house with a history dating back to the sixteenth century. Located close to the traditional village of Alaró, and only a 20-minute drive from Palma. The home is situated on large grounds, surrounded by fruit trees, and an established Mediterranean garden with views of the Tramuntana mountains. The property’s historic charm is enhanced by the stone walls, vaulted ceilings and signature terraces and archways. The 7 bedroom, 7-bathroom manor house has been completely refurbished, with all the amenities of a high-end holiday home. Its various indoor and outdoor living areas, make this holiday home the ideal countryside retreat.
This is a preview listing and the home will be purchased if we receive sufficient interest in it. If we do not buy this home, a similar home will be found for the buyers who expressed interest in it. After the purchase, the property will undergo improvements to meet the Lazazu standard, including re-furnishing.
How to become a co-owner
- You can purchase between ⅛ to ½ of the property. A ⅛ share gives you 45 nights of exclusive use of your second home per year. This is real estate ownership, not timeshare.
- Once we have sufficient interest, we will purchase the vacation home, set up a company for the home and allocate the shares to the various owners. If the home is purchased by someone else in the interim, we will help you find a similar property.
- We refresh, equip, and beautifully furnish your co-owned property together with professional interior designers.
- Subsequently, you can schedule your stays and enjoy your fully managed second home exclusively in proportion to your ownership and share the running costs with the other fractional owners. You can also rent out some of your nights and generate rental income to offset your expenses.
- We manage all aspects of your holiday home, serving as your single point of contact. All you need to do is arrive and enjoy your beautiful home.
- You can sell your shares at the market price in any way you choose – we will support you as needed. If the property appreciates in value, you will benefit from this.
- Are you interested in co-owning this luxury holiday home or does it meet many but not all of your criteria? Please contact us, we will find the perfect property for you and do our best to match you with other like-minded buyers.
Amenities
- Fireplace
- Swimming pool
- Fruit trees
- Projector
- Barbeque
Location
We find qualified owners, manage the company formation, close the purchase and redecorate the home.
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Purchase Price
Full home: EUR 6,850,000
EUR 856,250 -
Home Upgrade
Inspection, interior design & furnishings
EUR 10,240 -
Standard Purchase Costs
Transfer tax, land registry and notary fees
EUR 95,042 -
Our Fee
Buyer aggregation, legal, financing & upgrades
EUR 98,469
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Total ⅛ Ownership
45 nights per year
EUR 1,060,000