VIVLA, the leading European company in the co-ownership model for second homes, has expanded its financing capacity to €55 million, with the aim of accelerating the acquisition of residential assets in strategic markets across Europe.
The transaction has been structured and led by Fasanara Capital, a London-based alternative investment manager with more than $5.5 billion in assets under management, which has provided the senior financing. The junior tranche has been contributed by Extension Fund.
The transaction strengthens the company’s long-term financial position and further consolidates vacation co-ownership as a mature real estate category, validated by institutional capital and ready to scale sustainably across Europe. VIVLA closed an €8 million funding round last July led by Samaipata.
The financing has been structured as a real estate asset-backed credit facility, providing VIVLA with a long-term debt commitment fully aligned with its growth strategy.
This structure enables the company to achieve an annual home acquisition capacity exceeding €200 million, while maintaining an average asset rotation period of approximately three months, reinforcing capital efficiency and disciplined investment deployment.
As part of the transaction, Fasanara Capital has expanded its senior debt facility to €50 million, reaffirming its role as a long-term strategic capital partner. This financing is complemented by an additional €5 million venture debt tranche provided by Extension Fund, resulting in a diversified capital structure designed to support sustained growth.
Traction and operational scale
By year-end 2025, VIVLA manages a community of more than 400 owning families, with presence in 12 strategic destinations across Spain and Southern Europe, and an active portfolio of over 70 homes at various stages of acquisition and rotation, with a total value exceeding €100 million.
In recent months, VIVLA has experienced strong commercial momentum in prime destinations such as Baqueira, Cantabria and Ibiza, where high demand and rapid asset absorption have further validated the model even in highly competitive markets characterised by high ticket sizes and limited supply. This traction confirms the company’s ability to operate successfully in complex and demanding real estate environments.
“This agreement confirms that VIVLA has moved beyond being a promise to becoming a solid real estate infrastructure,” said Carlos Gómez, CEO and co-founder of the company. “It provides us with long-term financial visibility, allowing us to execute our growth plan with full confidence, accelerate our expansion and continue building a new standard for vacation home ownership in Europe.”
Over the next 12 months, VIVLA plans to reach 125 assets in Spain, expand into new destinations such as Mallorca, the Canary Islands and the Costa del Sol, and surpass 750 owning families, further strengthening the scale and liquidity of its platform.
Strategic priorities
The expanded financing will allow VIVLA to make decisive progress on its key strategic priorities:
Since its launch, VIVLA has developed a model that combines proprietary technology, operational efficiency and end-to-end management of co-ownership, aligned with new trends in usage, flexibility and lifestyle. Today, the company operates as a platform designed to deliver long-term stability, trust and simplicity to its owners.
This debt transaction follows the €8 million equity round closed in July 2025, which was subsequently increased by an additional €1 million subscribed by VIVLA homeowners in December. In total, the company has raised €64 million in financing throughout 2025, reinforcing its position as one of the most solid and well-capitalised players in the emerging European co-ownership real estate market.
About VIVLA
VIVLA is the leading European company in the co-ownership model for second homes, offering access to a curated selection of premium residences in the most sought-after destinations, supported by a fully integrated management model that completely simplifies the ownership experience.
Its value proposition combines technology, flexibility and capital efficiency, enabling co-owners to enjoy a vacation home without the frictions, structural costs or complexities associated with traditional ownership.
VIVLA currently operates in Spain’s main leisure destinations and manages more than €90 million in assets under management (AUM), supported by a community of over 400 co-owners, positioning the company as a reference player in the transformation of Europe’s vacation residential market.
Image: Carlos Gómez and Carlos Floria, co-founders of VIVLA
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