Dreaming of a vacation home in sunny Spain, but find the price seems unmanageable? Then the concept of a Shared house in Spain might be the perfect choice for you. Sharing a property with other owners gives you access to luxury vacation rentals at a fraction of the cost – without compromising on quality.
But what are the benefits of sharing a home in Spain and how does it work? In this article, we dive into how Five2one makes home sharing a seamless and attractive solution for today’s families and individuals looking to invest in their dream home.
What is home sharing and how does it work?
A shared home is a form of real estate where multiple owners share ownership of a luxury home. At The way Five2one works is that five families or couples join forces to buy a vacation home and each own 1/5 of the property.
This model gives you the right to use the home for at least 10 weeks per year, distributed according to a flexible and fair rotation program. At the same time, you take Five2one takes care of all the administration, maintenance and practical tasks so you can focus on enjoying your vacation stress-free.
The benefits of sharing a home in Spain
There are many advantages to sharing a home, especially when it comes to luxury homes in popular areas of the Costa del Sol. Here are some of the main advantages:
1. More luxury for less
Buying a vacation home on your own can be a mouthful if you want to get the most luxury for your money. When you share the costs with other owners, you can save up to 80% on both the purchase price and running costs. This makes it possible to invest in a higher quality home with more amenities that you might not otherwise be able to afford.
Example: A luxury home with panoramic sea views in Benalmadena that would normally cost €1,000,000 can be owned for just €200,000 by sharing it with four other families through Five2one.
2. Hassle-free administration
By choosing a shared home via Five2one you don’t have to deal with all the practicalities that normally come with owning a vacation home. We take care of it:
- Cleaning and maintenance.
- Handling insurance, taxes and other administrative tasks.
- Coordinating your arrival so your home is always ready for you.
Just pack your suitcase and enjoy the sun!
3. Flexible sharing
With a shared house, you get access to your home for 10 weeks a year. These weeks are distributed according to a flexible system that allows you to choose the times that suit you best.
Do you want to swap weeks with another co-owner or do you need to rent out your weeks to cover some expenses? Of course, this is also possible, making the shared home concept even more adaptable to different needs.
4. Secure ownership
Hos Five2one all legal aspects are carefully structured to ensure that your ownership is 100% secure and transparent. Everyone owns a share in the property, and you can sell your share again at market price if you need to at some point in the future – you also avoid having to go to the notary in Spain as the share is purchased through a tax-transparent company in Denmark.
This makes a shared home a solid and future-proof investment.
5. Access to premium locations
The best vacation rentals in Spain are often located in desirable areas like Mijas and Benalmadena on the Costa del Sol. With a home-share, you can access these exclusive destinations without paying the full price. Five2one only chooses properties in premium areas where you are often very close to the beach, restaurants and activities, ensuring your vacations are unforgettable – all year round.
Why choose Five2one for your home sharing in Spain?
Five2one specializes in making home dreams come true through a unique sharing concept. We understand that today’s owners want flexibility, luxury and security – and we deliver on all parameters.
Here’s what sets us apart from others:
- Expertise: With over 20 years of experience in real estate and law, we ensure everything runs smoothly.
- High standards: All our homes are carefully selected for their quality, design and location.
- Hassle-free: We take care of all the practicalities so you don’t have to worry about a thing.
- Full transparency: Our model is built on trust and clear agreements, so you always know what you’re getting.
Who is the home sharing concept for?
Sharing a home in Spain is ideal for you if:
- You want to own a luxury home but only need to use it for part of the year.
- You want to reduce the financial and practical obligations of owning a home alone.
- You value flexibility and want a modern approach to ownership.
- You want to invest in a home that can be both used and sold at a profit.
Frequently asked questions about shared housing
- Can I sell my share in the home?
Yes, your share can be sold at market price, making it a flexible investment. Five2one is of course available if you want to sell your share again. - How does the weekly distribution work?
The weeks are distributed through a fair calendar rotation, where all owners get equal access to peak seasons like summer and Christmas. - What happens if the home requires major maintenance?
All maintenance costs are included in the common costs, which are shared among the owners, but major changes are discussed together. - Are there any hidden costs?
No, with Five2one you get full transparency on all costs and terms.
How to get started
Owning a shared home in Spain is simpler than you might think. Follow these steps to get started:
- Contact Five2one: We’ll help you find the perfect home that matches your needs and budget.
- Schedule a visit: See the home and the area before you make your decision.
- Get legal advice: We take care of all contracts and legal details for you.
- “Move in” and enjoy life: Your dream home is waiting for you!
A smarter way to own luxury
A shared house in Southern Spain is the ideal solution for those who want to enjoy vacations in their luxury home without paying full price or worrying about administration. At Five2one we make it easy and convenient to co-own an exclusive home in Spain – and we’re ready to help you make your dream come true.
Are you ready to share luxury and cut costs? Get in touch Five2one today to learn more about our unique home-sharing concept!