Co-own a holiday home abroad from the UK
Own a piece of a managed holiday home in Spain, France, Italy, Portugal or the Alps from £100,000 (€119,000), with about six weeks a year, two to three hours from UK airports. 173 homes are listed today and 114 of them are under £200,000.
Where you can co-own, and how far it is
Flight times are typical direct flights from London. Prices are the lowest piece listed today, in euros with the pound figure at today's rate (£1 = €1.19).
| Where | From London | Homes | From |
|---|---|---|---|
| Mallorca | about 2h 15m to Palma | 40 | £104,000 €124,000 |
| Ibiza & Menorca | about 2h 20m | 20 | £126,000 €150,000 |
| The Spanish Costas | about 2h 30m to Málaga or Alicante | 20 | £105,000 €125,000 |
| Asturias & Cantabria | about 1h 50m to Santander, or the ferry | 6 | £113,000 €135,000 |
| Baqueira (Pyrenees) | about 1h 50m to Toulouse | 12 | £101,000 €120,000 |
| Tenerife | about 4h 20m | 2 | £159,000 €189,000 |
| The French Riviera | about 2h to Nice | 13 | £100,000 €119,000 |
| The French Alps | about 1h 30m to Geneva | 3 | £121,000 €144,000 |
| Paris | about 2h 20m by Eurostar | 1 | £251,000 €299,000 |
| The Italian Lakes | about 2h to Milan or Verona | 18 | £108,000 €129,000 |
| Tuscany, Liguria & Sardinia | about 2h to 2h 30m | 8 | £100,000 €119,000 |
| The Austrian Alps | about 1h 50m to Innsbruck or Salzburg | 13 | £122,000 €145,000 |
| Portugal | about 2h 45m to Faro or Lisbon | 4 | £129,000 €154,000 |
What your budget buys
66 homes under £150,000
Ses Salines, Mallorca, Spain — 3-Bed Townhouse With Pool
€139,000
Torri del Benaco, Lake Garda, Italy — 2-Bed Apartment With Pool
€139,000
Valbonne, Côte d'Azur, France — 4-Bed Villa With Pool
€150,000
114 homes under £200,000
Glowe, Rügen, Germany — 3-Bed Apartment With Garden
€189,000
Ciudad Jardin, Mallorca, Spain — 2-Bed Apartment With Pool
€189,000
Vallauris, Côte d'Azur, France — 3-Bed Penthouse With Pool
€189,000
133 homes under £250,000
Port d'Andratx, Mallorca, Spain — 2-Bed Terrace Apartment With Panoramic Sea Views & Infinity Pool
€269,000
Port d'Andratx, Mallorca, Spain — 2-Bed Terrace Apartment With Sea Views & Infinity Pool
€269,000
Sa Ràpita, Mallorca, Spain — 3-Bed Villa With Sea Views
€269,000
Holiday Home in Spain Under £200k (72) →Holiday Homes in Europe Under £150k (66) →Holiday Home in Mallorca Under £200k (20) →Ski Chalets & Apartments Under £200k (20) →Holiday Home in Italy Under £250k (18) →
How co-owning works for British buyers
You own a piece of the home. A small group of owners, usually eight, each own a share of one furnished holiday home. It is a purchase, not a membership: your piece can rise in value with the home, and you can sell it or leave it to your children.
About six weeks a year. A 1/8 piece gives you around 45 nights, booked through a fair calendar that rotates the best weeks, so every owner gets their turn at summer, Easter and Christmas over the years.
Looked after while you are at home. The team that manages each home cleans, maintains and insures it, and the running costs are split between the owners rather than carried by you alone. You arrive to a ready home and leave without closing it up.
Two to three hours away. Mallorca, the Riviera, the Italian lakes and the Alps are all about two hours from London, with flights from most regional airports too, which is why British owners use their weeks in every season.
Your 90 days in Europe
British passport holders can spend up to 90 days in any 180 in the Schengen area. A 1/8 piece is about 45 nights a year, usually taken as two or three stays, so it sits comfortably inside the rule with room for other trips.
Paying in pounds, buying in euros
Prices are set in euros and completions happen in euros. Most British buyers fix their rate with a currency transfer specialist before they pay. Every price on this page shows the pound figure at today's rate next to the euro price, so you can see what a piece costs in the money you earn.
Taxes, at home and abroad
You pay the purchase taxes of the country the home is in, and the team that manages each home sets out the full buying costs in writing before you commit. As a UK resident you report any income or gain from property abroad to HMRC, as you would for a whole holiday home, and many buyers ask a cross-border adviser to confirm their own position.
Questions British buyers ask
How does co-owning a holiday home abroad work?
A small group of owners, usually eight, each own a piece of one furnished holiday home. A 1/8 piece gives you about six weeks a year, booked through a fair calendar so everyone gets their turn at the best weeks. The team that manages the home looks after it between stays, and the running costs are split between the owners.
Is co-owning the same as shared ownership or a timeshare?
No. You own a real piece of the home itself, with a handful of other owners, not a right to use a resort week. In the UK "shared ownership" usually means the government housing scheme where you rent part of your main home; co-owning a holiday home is simply buying part of a second home outright. Your piece can rise in value with the home and you can sell it or leave it to your family.
How much does it cost to co-own a holiday home in Europe?
Pieces of the homes listed today start from €119,000 (about £100,000), and 114 homes are under £200,000. On top of the price you pay the local purchase taxes, and while you own you pay your share of the home's running costs. We send each home's yearly figures on request.
How long can I stay in Europe after Brexit?
British passport holders can spend up to 90 days in any 180 in the Schengen area. A 1/8 piece is about 45 nights a year, usually spread over two or three stays, so it fits comfortably inside the rule even with other European holidays.
Can I pay in pounds?
Prices are set in euros and the purchase completes in euros. Most British buyers use a currency transfer specialist to fix a rate and move the money; every price on this page also shows the pound figure at today's rate.
Do I pay UK tax on a holiday home abroad?
You pay the purchase taxes of the country the home is in. As a UK resident you also report to HMRC any income or gain from property abroad, as you would for a whole holiday home. Many buyers have a cross-border adviser confirm their own position before they buy.
Can I sell my piece later?
Yes. Your piece is yours to sell or to leave to your family, and the team that manages the home helps you find the next owner. Because a piece costs a fraction of a whole home, there are far more people who can buy it.