Company Property Purchase Costa del Sol
Costa Prestige presents a distinctive proposition for company owners who value both investment efficiency and personal enjoyment. Through the concept, it is possible to acquire a share in a luxury property on the Costa del Sol using company funds rather than private capital. The result is twofold: access to a high-quality holiday home in one of southern Europe’s most desirable destinations, and the potential to secure meaningful tax advantages, depending on the rules that apply in the country where the business is established.
The arrangement also offers private access to the property for six weeks and three days each year, with no hidden charges attached to that use. During the periods allocated to an owner but not used personally, the property can be rented out, creating an income stream that may offset part, or potentially all, of the ongoing property-related costs. For businesses seeking leverage, financing of up to 80 per cent may be available through Mojo Mortgage, with approval decisions offered within 24 hours.
The tax treatment of a property purchase made through a company depends on the jurisdiction in which that company is incorporated. For that reason, anyone considering this structure should obtain advice from a qualified tax specialist before proceeding. Costa Prestige does not act as a tax adviser and consistently recommends that clients verify the implications with their own professional adviser. Where appropriate, the company can provide contact details for international law firms experienced in the legal and fiscal aspects of Spanish property investment.
Using company funds to acquire a holiday property for personal use
For many business owners, particularly those from Scandinavia, buying a holiday home in Spain through a company can trigger substantial tax exposure if funds first have to be extracted privately. Costa Prestige positions its model as an alternative designed to avoid that conventional obstacle.
The concept enables an entrepreneur or investor to purchase a share of a luxury property directly through the company, thereby reducing the financial friction commonly associated with this type of acquisition. In practical terms, that can allow owners to retain more of their company capital while still gaining access to a premium holiday property in Spain.
Under the structure described by Costa Prestige, owners may use the property privately for more than ten weeks a year, even when the share has been bought through the business. The company further states that the owner is liable only for availability tax on the weeks in which the property is actually used for personal purposes. If some of those weeks are not needed, they can instead be rented out. According to Costa Prestige, no availability tax is payable during the periods in which the property is let.
Why Costa Prestige presents itself as a different proposition
Costa Prestige states that its model has been developed specifically for company owners and investors who require a solution that reflects the financial and tax realities they face. Rather than treating the purchase as a conventional second-home transaction, the structure is designed to provide a more tax-efficient route into Spanish holiday property ownership through a corporate vehicle.
The properties are located on the Costa del Sol and are presented as modern, newly built luxury homes in a market with strong international appeal. The area is portrayed not only as a holiday destination, but also as an increasingly attractive base for technology businesses, investors and remote professionals seeking sunshine, connectivity and an international way of life.
Costa Prestige distinguishes itself from many other co-ownership operators by stating that the properties have already been purchased, renovated and designed before shares are offered for sale. That means prospective buyers are able to see the specific asset in which they are investing, rather than committing capital to a concept that has yet to materialise.
Alongside that, the company highlights its in-house financing solution, Mojo Mortgage, under which up to 80 per cent financing may be available, with responses promised within 24 hours.
####### Immediate entry rather than a wait-and-see process
Another feature emphasised by the company is that the homes are already fully acquired and, in most cases, furnished. Buyers therefore do not need to wait for a full group of co-owners to assemble before the property can be used. The investment is positioned as a ready-made, turnkey arrangement that can be entered into straight away.
######## Internal expertise and a transparent process
Costa Prestige says the wider House of Mojo structure covers the practical and administrative aspects of ownership from start to finish. This includes administration, financing, maintenance of the property, legal matters, financial processes and the handling of holiday rentals. The company describes the overall process as clear and transparent, with legal guidance in place to give investors confidence throughout the transaction.
######### Rental income during unused weeks
Where owners do not wish to occupy the property during their designated periods, those weeks can be placed into the rental market through Mojo Rentals, the group’s sister company. The stated aim is to generate additional income while professionally managing the letting process so that returns are optimised and day-to-day involvement for the owner is kept to a minimum.
########## A managed experience from beginning to end
Costa Prestige presents the offer as a fully managed service that extends from the initial investment stage through to ongoing property management and rental administration. The intention is to remove the operational burden from the owner while preserving the lifestyle and investment benefits of the asset.
Investing in a holiday home on the Costa del Sol through company funds
Through the Costa Prestige concept, business owners are offered the chance to buy a property share directly using corporate funds. In the company’s presentation of the model, this creates access to a high-end holiday property on the Costa del Sol while also producing notable tax efficiencies.
One of the principal arguments put forward is that the owner avoids the need to withdraw funds personally from the company and pay high dividend tax before making the purchase. Instead, the acquisition is made through the business itself. Even so, the owner may still use the Spanish luxury property privately for more than ten weeks each year.
Costa Prestige describes this as an advantageous solution for company owners because the individual pays availability tax only for the weeks in which the holiday property is actually used. If all allocated weeks are not required, or if rental income is preferred, those periods can be let instead. The company further explains that it takes care of the practical arrangements through Mojo Rentals, including marketing, check-in and check-out procedures, cleaning and related operational tasks. The effect, it says, is that owners can step back while rental income helps cover ongoing costs. It also states that availability tax is not payable in respect of the weeks during which the property is rented out.
