Co-ownership is not a membership, a timeshare or a promise. It is a title held by an SPV and a share held by you. Here is the paperwork, plainly.
When you buy into a Fraxxo property, a dedicated Special Purpose Vehicle — a private limited company or LLP set up solely to hold that one asset — owns the land or villa outright. You hold a proportionate, numbered share in that SPV, recorded in your name. That share is what makes you a co-owner, not a guest, not a member of a club, and not a lessee.
Why an SPV, and not seven names on one sale deed
A shared sale deed sounds simple until someone wants to exit, or passes the asset to an heir, or disagrees on a repair. An SPV structure keeps the underlying title clean and singular, while ownership below it — the shares — can move between people through a simple transfer, without touching the property's title at all. It is the same structural logic institutional real estate has used for decades, scaled down to a set of friends, families, or individual investors sharing a farmhouse.
What your share entitles you to
- Usage nights each year, allocated across co-owners.
- A proportionate claim on any harvest, rental, or resale income the asset generates.
- A vote alongside your co-owners on major decisions — a new manager, a large repair, a change in usage policy.
What it does not entitle you to is unilateral control. You cannot decide alone to sell the whole property, change its use, or override the estate manager's day-to-day calls. That is the trade every co-owner makes deliberately — less individual control, in exchange for a fraction of the cost and none of the maintenance burden of owning the whole thing.
We know this is the part people want explained slowly, not skipped over. If you would rather go through the actual SPV documents, shareholding agreement, or your specific share certificate line by line, message us on WhatsApp and we will walk you through it directly.
