Residential Use Framework

Annual Allocation section

Each ownership share provides defined time in a real home on Spain’s coast.

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A Place in Southern Spain. There When You Want It.

What makes Meridian36 work is that the people in each property are genuine co-owners — not strangers passing through. The structure is designed to provide meaningful annual access for each ownership position, with time at the property coordinated through a private, owner-only platform — fairly, transparently, and without rigid fixed rotation.

Stays are arranged through a private scheduling system accessible only to the owners of that property.

Because ownership is in the whole building rather than a specific unit, any available residence may be chosen — giving co-owners the flexibility that makes returning feel natural rather than managed.

Because ownership is in the whole building, participants can select available units based on schedule and preference.

The scheduling framework is designed to be fair, transparent, and easy to use — so that attention stays on the pleasure of being there, not on administration.

Residential Use for Owners and Their Guests

Properties are intended for:

  • Owners
  • Their immediate family
  • Invited personal guests

The building does not operate as a public short-term rental property.

The focus is on residential use and continuity.

This keeps the environment consistent and community-oriented.

Happy adult children relaxing with parents at home.
Insurance agent is explaining the terms of a home insurance contract document. Real estate agent discussing property insurance.

Operating Costs Planned and Shared Among Owners

Each property has annual operating costs.

These may include:

  • Property taxes
  • Maintenance and cleaning
  • Insurance
  • Security or monitoring
  • Utilities for common areas
  • Administrative coordination

These costs are divided among owners.

Because expenses are shared, the yearly cost per owner is typically lower than owning a comparable property alone.

An annual budget is prepared and shared in advance.

Practical Assistance for Cross-Border Property Ownership

Owning property in another country can feel complicated.

Meridian36 assists owners with:

  • Obtaining a Spanish NIE number
  • Opening a Spanish bank account
  • Coordinating notary and registration procedures

The goal is to make the process clear and manageable.

You are not left to navigate it alone.

Picturesque village in Castilla y Leon, HDR image
The medieval village of Calatanazor in Soria, Spain

The Operational Principles Behind Structured Co-Ownership

Structured co-ownership works when it is:

  • Clearly structured
  • Fairly managed
  • Financially organized

We focus on keeping it that way.