Ibiza, in the focus of the expansion of the leading company in the new model of tourist housing

The model of real estate co-ownershipa formula that makes it possible to acquire a tourist property in installments, is beginning to gain ground in Ibiza: a company specializing in this type of operation has just strengthened its financial capacity to expand to new destinations, including the island.

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It is the proptech VivlaThe company, considered one of the leading firms in Europe in the co-ownership of second homes. As reported, it is extending to 55 million euros 55 million, thanks to an alternative financing operation backed by international funds.

This transaction has been structured and led by Fasanara Capitala London-based investment fund with more than $5.5 billion in assets under management, which provided the financing. seniorfinancing, while Extension Fund participated in the junior tranche junior.

The financing is articulated as a line of credit backed by real estate assets. credit line backed by real estate assets, which, according to the company, allows it to advance its long-term growth strategy and accelerate the addition of new properties to its portfolio.According to the company, this will enable it to advance its long-term growth strategy and accelerate the addition of new properties to its portfolio.

A model based on co-ownership

Vivla’s system is based on the model of model of co-ownership of real estate applied to tourist housing.This consists of several people owning the same property, each with a specific fraction.

In this scheme, the co-owners share both the use of the dwelling and the associated expenses and, if applicable, the income derived from its operation.

In practice, the company acquires a real estate asset that is structured through a partnership. This property is divided into eight shares, which are subsequently sold to different customers, who become co-owners of the property.which are subsequently sold to different customers, who become co-owners of the property.

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“We want to be to vacation ownership what vacation ownership is to leasing. leasing has been for vehicles,” explained Carlos Gómez, one of the company’s founders.

Ibiza, among the key destinations

In recent months, Vivla has registered a commercial boost in destinations considered as prime primedestinations, such as IbizaIn addition to its landing in Madrid, specifically in the Salamanca and Justicia neighborhoods, where it has incorporated Latin American clients.

The company currently has 70 assets in twelve destinations and has set a target of 125 assets by 2026. 125 assets by 2026with plans to expand to the Balearic Islands, the Canary Islands and the Costa del Sol. In the medium term, it expects to exceed 750 owner familiesthus increasing the scale and liquidity of its model.

In Ibiza, it is the second destination with the second highest number of homes under this system managed by Vivla, only surpassed by Baqueira.

In total, there are eight options, seven of which are under construction: Casa Tarida, Casa Tarida II, Casa Tarida III, Casa Luma, Casa Wave Poolside, Casa Wave Seaside and Casa Onada. While the remaining one is found as “resale”: Casa Ribes.

The values to acquire a fraction range from 160,000 (with three bedrooms and 100 square meters) to 310,000 euros (with four bedrooms and 274 square meters). 274 square meters).

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In Formentera, they have only one luxury holiday home, Casa Saona, which has already been sold completely.

New financing and growth

This debt transaction is in addition to the eight million euro capital round closed by Vivla in July 2025 closed by Vivla in July 2025, subsequently expanded with an additional one million subscribed by the company’s own homeowners in December.

Overall, Vivla has mobilized 64 million euros in financing over the course of 2025..

According to the company, this financial structure enables it to have an annual housing 200 million euros, with an average asset turnover period of approximately three months, a fact that the company highlights as key to improving efficiency in the use of capital.200 million, with an average asset turnover period of approximately three months, a fact that the company highlights as key to improving efficiency in the use of capital.

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For the founders, Carlos Gómez and Carlos Floria, this new injection reinforces the positioning of vacation ownership “as a mature real estate category” and gives the company more muscle to consolidate its expansion.

An emerging formula in the tourism market

The arrival of this model takes place in a context of strong tension in the Balearic real estate market, where access to housing -both for purchase and rental- has become one of the main structural challenges.

Co-ownership is presented as an alternative oriented mainly to the second home and vacation home market, with a special presence in enclaves of high tourist value.

Although it is still an emerging and niche model, its implementation in Ibiza marks a new step in the diversification of formulas for accessing tourist housing on the island, in a scenario increasingly marked by financial innovation and fragmentation of ownership.

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