A Guide to Collection Co-Ownership

This guide answers common questions about co-ownership within a Casera Collection. If you can’t find what you’re looking for, we’re here to help. Book a call to connect with our team.

Collections & Co-ownership

Co-ownership is not a new concept. Many people already share second homes with family or friends, often taking on the responsibilities of property management.

In recent years, companies have emerged offering professionally managed, turnkey holiday home co-ownership, including collection-based models.

Casera does not reinvent co-ownership, but offers something unique: variety within a single second home destination, combining the ease of turnkey homes and professional management with the character of authentic locations beyond the typical tourist path.

A Casera Collection includes three homes in Southern Spain, each offering a distinctly different holiday setting: a beach town, a historic city center, and a mountain village. A Collection is shared among 13 co-owners and professionally managed by Casera. Collections are offered in different tiers to accommodate a range of preferences and price points.

Casera’s founding Collections are located within Cádiz, Andalusia’s southernmost province. Defined by its Atlantic coastline, historic cities, and surrounding mountain landscapes, Cádiz offers a setting shaped by local living rather than external demand.

The region was selected for its favorable climate, accessible quality, authentic character, and the diversity of environments it offers within close proximity.

The three homes in a Casera Collection are thoughtfully located within the same region, close enough to offer the convenience of a single holiday home destination, with the familiarity of the same arrival route and culture.

While each destination is accessible within a two-hour drive, owning a home in each allows co-owners to spend extended time in each setting, rather than passing through.

Together, the three homes offer a range of holiday experiences throughout the year within one authentic setting, where each return feels increasingly familiar.

Unlike a timeshare, where the property remains owned by the operator and ownership is limited to a right of use, Casera offers true equity ownership through a share in a legal entity that owns the properties outright.

Casera does not retain ownership of the homes. Casera’s role is to deliver them turnkey and fully furnished, provide an owner platform that centralizes booking and home information, and manage the properties once in use.

Ownership within a Casera Collection provides an average of 12 weeks of use per year across three homes, without being tied to fixed dates. Timeshares typically assign the same week each year, limiting flexibility.

Each home is truly your own, creating a sense of familiarity and continuity with every stay, rather than rotating between units.

Exiting a timeshare can often be complicated and restrictive. With Casera, shares can be sold after the first year of use, with support in finding a buyer.

That’s entirely up to each co-owner. Casera’s co-owner platform allows for connection and communication if desired.

Annual virtual meetings are hosted for each Collection, along with a broader online space to connect with co-owners across all Collections. Participation is always optional.

Co-owners may purchase multiple shares within a Collection, increasing both their ownership stake and time spent across the homes.

All Casera Collections, regardless of tier, are thoughtfully designed to the same high standard of finishes, furnishings, artwork, and overall detail. The primary differences, beyond the number of bedrooms and bathrooms, are the scale of the common areas and outdoor spaces.

Prima Collections may also include additional amenities such as plunge pools, saunas, and secured storage for each co-owner, depending on the property.

Co-owners can expect to begin using their homes approximately 12 months after full buy-in to a Collection.

Homes within a Collection are completed in phases, in line with co-owner commitments:

Phase 1: Once initial shares are committed, Casera acquires the first home and renovation begins. Upon completion, co-owners have access to this home, with an average of 12 weeks of use per year.

Phase 2: As additional shares are committed, Casera acquires the second home. Upon completion, co-owners have access to both homes, with an average of 12 weeks of use per year across the two properties.

Phase 3: With full commitment of shares, Casera acquires the third home. Upon completion, co-owners have access to all three homes, with an average of 12 weeks of use per year across the Collection.

No, Casera does not own any portion of the homes. The three homes are fully owned by the co-owners of the Collection through a legal entity comprised of 13 shares.

About Casera

Casera introduces the Collection co-ownership concept within a single region, offering co-owners both variety and the ability to become rooted in one authentic destination, where each stay builds familiarity over time and begins to feel like living as a local.

While most co-ownership models offer shares in a single home with 6 weeks of annual use, Casera provides access to a curated Collection of three homes, averaging 12 weeks of use per year per share.

Unlike companies that focus on well-known European destinations, Casera brings the co-ownership model to authentic destinations beyond the typical tourist path, defined by culture, character, and a strong sense of place.

After delivering the three homes in each Collection, fully turnkey and ready for use, Casera continues as manager of the Collection Owners Association, the legal entity that holds title to the homes.

This includes overseeing property maintenance, ensuring each home is always ready for arrival, hosting annual meetings, and providing access to the proprietary co-owner platform for booking and communication.

Optional concierge services are also available to support each stay.

Owning within a Casera Collection allows for shared costs among a small group of like-minded co-owners, along with access to three distinct holiday homes, each in a unique setting. Homes are fully managed, providing peace of mind that every detail is taken care of, making ownership effortless.

Casera was founded by José Duarte, a native of Andalusia, and Carly Duarte, who relocated from New York City. Together, they bring extensive experience across real estate, architecture and interior design, technology, and complex project management and delivery.

Booking & Use

Casera’s booking platform is designed to be intuitive and balanced. Each co-owner receives an equal number of points annually, with weeks assigned a value based on seasonal desirability across the Collection.

Points are released in batches, allowing co-owners to prioritize the times that matter most, through structured booking rounds.

A built-in waitlist automatically reallocates time if a reservation is cancelled. If a week remains unreserved within 30 days of arrival, it becomes available to all co-owners at no point cost on a first-come, first-served basis.

Points must be used within the calendar year and do not carry over. However, time can be shared with family or friends if a co-owner is unable to use all of their time.

With 13 co-owners sharing three homes, each receives an average of 12 weeks of use per year. Usage is seasonally balanced, so time may vary depending on when and which homes you choose to enjoy, typically ranging from 7 to 15 weeks per year. Stays are easily booked through Casera’s proprietary co-owner platform.

The booking system is designed to give all co-owners equal access to the homes within a Collection. While exact weeks cannot be guaranteed, points are released in batches, allowing each co-owner to prioritize their most desired weeks before the next round of booking begins.

The booking platform is designed to prioritize longer stays within a single home during booking rounds. This allows co-owners to settle into one location and enjoy extended time without needing to move between homes.

After all co-owners have had the opportunity to secure their priority weeks and extended stays within one home, the system offers additional flexibility, allowing stays to be combined across two or all three homes within a single holiday, depending on availability.

The booking platform allows co-owners to plan holidays between 12 and 23 months in advance. Time not reserved during booking rounds remains available closer to travel, providing flexibility for those planning on a shorter timeframe.

Additional points cannot be purchased. Each co-owner receives an equal allocation of points each year.

If a home is available within 30 days, it can be booked without using points on a first-come, first-served basis.

Unused points expire at the end of the booking year.

Plans can change, and flexibility is built into the system. At the same time, last-minute cancellations are managed to ensure each home is well utilized.

If a co-owner cancels within a reasonable timeframe, points are returned and the home becomes available to other co-owners.

Just as with traditional holiday home ownership, one of the benefits is the ability to share time with family and friends. Co-owners may use their points to gift stays to those closest to them.

No. Casera Collection homes are reserved exclusively for co-owners and are not subject to rental or exchange, ensuring each home is cared for by those who use it and maintaining the privacy of traditional holiday home ownership.

The Homes

Casera works with a trusted network of top-tier real estate professionals who specialize in sourcing high-potential properties within each destination. These relationships, built over more than 15 years of experience acquiring and renovating homes in the region, provide early and often exclusive access to exceptional properties, including off-market and pocket listings.

This access allows for the thoughtful curation of distinctive homes for each Collection, often before they reach the broader market.

Regardless of Collection Tier, location is the primary selection criteria, with an emphasis on desirable areas within each destination. In City Center and Mountain locations, priority is given to historic homes with original character and architectural details, with care taken to preserve and restore these features. In the Beach destination, where development is more recent, properties with strong renovation potential and alignment with Casera’s design standards are selected.

To be considered, a property must meet a core set of requirements: at least one outdoor space, dedicated or reliably available parking, abundant natural light, and the potential for a thoughtful layout aligned with Casera’s design approach.

All Casera homes, regardless of tier, are designed to a consistent standard of comfort and livability. This includes outdoor space, a dedicated remote-work area, and convenient parking, either private or reliably available nearby.

Each tier builds upon this foundation, with enhanced features incorporated where the property allows.

  • Clasica & Grande Tiers: Fireplaces in the living space and bathtubs in the primary suite, where feasible.

  • Prima Tier: Fireplaces in the living space, bathtubs in the primary suite, and dedicated parking across all homes. Additional features may include plunge pools and saunas, where feasible.

Across all Tiers, each home is fully equipped with Casera Essentials, a considered selection of comforts, technology, and design details chosen to support everyday living, including:

  • Fully stocked kitchens with cookware, tools, and staple pantry items, refreshed for each stay

  • Kitchen, bath, and laundry essentials, including soaps, detergents, and paper goods

  • Locally crafted glassware and dishware

  • Hotel-quality mattresses, pillows, linens, and towels

  • High-quality appliances and practical tools, such as hair dryers and clothes steamers

  • Entertainment and outdoor essentials, from board games to beach chairs

  • Integrated media, a security system, and high-speed internet

Each home is thoughtfully designed by Casera’s in-house interiors team and reflects its surroundings. Beach homes are light and coastal, city homes draw on Spanish architectural character, and mountain homes reflect a more rustic sensibility.

Homes are delivered fully furnished and carefully detailed, creating spaces that feel considered, comfortable, and true to their setting.

The design and furnishing of each home is managed exclusively by Casera’s in-house interiors team. Once homes are in operation, interior updates or additions may be proposed through the Owners Association. Casera oversees approved projects, with costs shared among co-owners.

Once homes are in operation, Casera serves as the dedicated home maintenance manager, with a focus on three key areas: consistent upkeep, on-call support, and long-term planning, supported by annual maintenance fees.

Consistent upkeep includes routine monitoring and maintenance of each home, with thorough inspections between stays to ensure everything is functioning properly and smaller repairs handled proactively.

On-call support ensures each home has a dedicated property manager available to address any issues that arise during a stay, with prompt and complete resolution.

Long-term planning involves developing a thoughtful maintenance strategy. Larger projects are planned in advance, such as exterior repainting, and funded through the Collection’s reserve fund, established as part of the share cost and maintained through a portion of annual maintenance fees.

Upon commitment to a Collection, each co-owner signs the co-owners policy, which outlines guidelines for the home. These include standards such as no smoking indoors, procedures for reporting damage, and the pet policy.

All co-owners are vetted prior to approval into the Owners Association, with the aim of ensuring a group that respects and cares for the homes over time.

Only dogs are permitted and must remain off furniture and out of bedrooms. An additional cleaning fee applies to ensure the home is prepared for the next co-owner.

Smoking is not permitted inside the homes. Each home includes an outdoor space or balcony.

Within Prima Collections, secured storage for each co-owner is a design priority and incorporated wherever possible. In Clásica and Grande Collections, this feature may be included when space allows, but is not guaranteed.

Co-owners are responsible for any damage incurred during their stay.

To keep access simple and secure, permanent keys are not issued. Instead, a small number of keys is provided for each stay, either handed over upon arrival by the property manager or placed in a secure lockbox, allowing everyone in the group to come and go with ease.

Holiday Experience

The nearest airport to the Casera homes is Jerez de la Frontera, a regional airport offering easy access to the area. For international arrivals, Seville and Málaga airports are also within comfortable driving distance. Depending on the home destination, travel times range from 30 minutes to 1.5 hours from Jerez or Seville, and approximately 1.5 to 2.5 hours from Málaga.

Upon arrival at a Casera home, each space is thoroughly prepared, with crisp sheets on made beds, stocked bath and laundry essentials, wood set for the fireplace (season dependent), and a pool ready for use in Prima homes. Kitchens are stocked with staple items such as coffee, tea, olive oil, and paper goods.

Everything is in place to allow for a seamless arrival and immediate enjoyment of the home.

Should a maintenance issue arise during a stay, each home has a dedicated property manager available to assist. Issues are addressed promptly to ensure minimal disruption.

Casera’s concierge service offers personalized support to enhance each stay. This optional service is available for a per-booking fee.

Offerings include transportation and car rental coordination, a fully stocked fridge upon arrival, grocery delivery during the stay, curated culinary and tasting experiences, and excursion planning and booking.

Casera Concierge service is available starting one month prior to each stay to assist with advance bookings, particularly during high season. Support continues throughout the stay for more flexible, on-demand planning.

Ownership & Legal

Reservation: A Collection tier is selected and a share is reserved by signing a pre-contract and making an initial payment of 10% of the total committed contribution.

Due Diligence: Prior to final acceptance, Casera conducts a qualification review to ensure each prospective co-owner meets financial and community standards.

Closing: Once the Collection phase is ready to launch, the remaining 90% of the contribution is completed. Participation is then formally registered in the Shareholders’ Register, with access granted to the booking system and co-owner community.

Incorporation: When the homes within the Collection are fully acquired, titled, and registered under the co-ownership company, the Collection becomes a fully functioning ownership entity managed by Casera on behalf of the co-owners.

This structure ensures true ownership, transparent governance, and a clear progression from commitment to full use of the homes.

Yes. Each Casera Collection is owned through a legally established company registered in Spain. As a co-owner, equity shares are held in that company, representing true ownership rather than a membership or subscription structure. Ownership is formally recorded, with transparent governance, voting rights, and a proportional share of the company’s assets.

A Casera share may be owned by a single individual or a legally bound couple. Shares cannot be purchased jointly with friends or extended family, and ownership through a corporate entity is not permitted. This structure supports clear governance and efficient management of each Collection.

Casera homes are acquired and renovated without mortgages or bank financing. This debt-free model provides stability and ensures that all co-owner funds directly support the property portfolio.

All Casera homes are fully insured with comprehensive property and liability coverage, including structural insurance, contents insurance for furnishings and appliances, and general liability coverage.

Casera homes are not rented to the public and are used exclusively by co-owners and their guests. As private residences rather than commercial tourist rentals, they are not subject to tourist housing regulations.

Casera’s legal structure clearly defines maintenance responsibilities. If a co-owner fails to meet their maintenance obligations, the structure ensures it does not impact others. Co-owners are never responsible for covering another co-owner’s maintenance fees.

Casera serves as the sole administrator of the company that owns the properties from incorporation and continues in this role on an ongoing basis. Two years after delivery of the final home in the Collection, co-owners may vote by majority to appoint a new administrator if desired.

Financial & Fees

Share costs vary by Collection tier. For the inaugural Collections:

Clasica Tier (two-bedroom homes): €190,000
Grande Tier (three- to four-bedroom homes): €325,000
Prima Tier (five-bedroom homes): €495,000

The share price represents equity ownership in the company that holds the homes, with the project budget managed by Casera for property acquisition, full renovations, furnishings, an initial contribution to the Collection’s reserve fund, and all legal structuring and professional fees.

Beyond the initial purchase, co-owners are responsible only for annual maintenance fees and standard departure costs, including utilities during each stay and a cleaning fee.

Casera provides full transparency and external auditing. Given differences between the legal and tax regimes in Spain and those applicable to each co-owner, depending on factors such as nationality and residence, independent legal and tax advice is recommended when reviewing the documentation.

Casera does not facilitate financing and requires each co-owner’s contribution to be provided in full upon commitment to a Collection. Independent financing may be arranged at the discretion of the co-owner; however, any such arrangement remains solely between the co-owner and their lender. 

Maintenance fees vary by Collection tier. Annual rates are:

Clasica Tier (two-bedroom homes): €5,500
Grande Tier (four-bedroom homes): €8,500
Prima Tier (five-bedroom homes): €12,500

These fees cover local property taxes, municipal service charges, insurance, routine maintenance and minor repairs, contributions to the long-term reserve fund, and Casera’s management and administration, as well as company-level administrative and compliance costs.

Fees are set to reflect actual operating costs and may adjust over time in response to changes in taxes, services, or broader cost conditions.

Each stay includes a departure fee covering utilities during the stay and departure cleaning. These costs are billed per stay.

Taxes

All Spanish taxes and fees related to forming the ownership company and acquiring the homes are included in the cost of the share. Personal tax obligations may vary depending on country of residence, and independent tax advice is recommended to understand how these may apply.

Any gain realized upon the sale of a share may be subject to taxation in Spain. Personal tax obligations may vary depending on country of residence and individual circumstances, and independent tax advice is recommended.

Resale

Shares acquired during the various development phases of a Collection may be resold one year after completion of the home associated with that phase.

A buyer may be sourced independently, with pricing set accordingly, or Casera can assist in finding a buyer for a fee. In all cases, the incoming co-owner must pass the due diligence process.

The resale price of a share is set by the seller and, as with any real estate transaction, will be influenced by timing, demand, property appreciation, and broader market conditions.

Casera does not guarantee resale values or timelines. All buyers are required to complete due diligence to ensure the integrity and continuity of the Collection.