Buy Property in Spain Through Co-ownership
Owning a home in Spain usually means paying the full price of a villa on the Costa del Sol or in Mallorca — often €2M or more — or settling for a week-long rental with a fixed departure date. Kocomo lists co-ownership properties across Spain's most sought-after regions, from Ibiza and Mallorca to Madrid, Costa Blanca, and the Balearics, with shares starting from €119,000. Every listing is sold in 1/8 shares, averaging around €284,000 per share, giving you several weeks of use every year in a fully managed home — without the full financial burden of solo ownership. Listings come from vetted providers like MYNE, Nomadu, and Vivla, with transparent pricing and resale support built in. Buying in Spain as a foreigner is straightforward and open to all nationalities, though Spain ended its real-estate Golden Visa route in 2025 and non-EU visitors are limited to 90 days per 180-day period without a separate visa. Here is what is for sale now, what it actually costs, and how buying works for international buyers.
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Buying in Spain as a foreigner is open to all nationalities, with no restrictions on EU or non-EU buyers. You will need a Spanish tax ID (NIE), and non-resident owners pay an imputed income tax (IRNR) of roughly 0.2-0.4% of the cadastral value each year, plus a one-time transfer tax (ITP) of 6-10% at purchase — all split proportionally with your co-owners. Note that Spain ended its real-estate Golden Visa route in April 2025, so buying no longer grants automatic residency. Our guide on buying a holiday home in Spain covers the post-Brexit 90-day stay rule that now applies to UK and other non-EU buyers. For a closer look at daily life and ownership in the capital, see our guide on buying a house in Madrid. And if you are deciding between regions, our Living in Spain guide walks through the country's most popular co-ownership destinations, including Ibiza and Mallorca.
Can Foreigners Buy Property in Spain? Rules, Taxes and Costs in Marbella (2026)
Foreigners can legally buy property in Spain with no nationality restrictions, no residency requirement, and no cap on properties owned — but taxes and fees add 11-13% on top of the purchase price. This guide breaks down the full tax rates by region, new build vs resale, mortgage options for non-residents, and the step-by-step buying process.
Luxury Villas in Costa del Sol: Why Co-Ownership Is the Smartest Way In
Committing several million euros to a single luxury villa in Costa del Sol is the sticking point for most buyers. This guide breaks down how co-ownership works structurally, the capital efficiency case for holding a fraction of a premium asset, and what to scrutinize — governance, exit terms, management track record — before you sign anything.
Best Time to Visit Marbella — And Why You Might Want to Own There Instead
Marbella doesn't really have a bad time to visit — it has different versions of itself depending on the month. This guide breaks down the climate season by season, which months suit families, couples, golfers, and culture travellers, and why the more time people spend here, the more they start asking whether co-ownership makes more sense than another holiday rental.
Is Marbella Expensive? The Real Cost of Owning a Home There in 2026
Marbella property prices are only part of the picture — the real cost of buying runs 10-13% higher once taxes, legal fees, notary and registry costs are added. This guide breaks down every cost item with real numbers, walks through a full budget example on a €600,000 purchase, and compares renting, buying outright, and co-ownership over a 5-year horizon.
What Does an Ibiza Villa Actually Cost in 2026? Here's the Real Number
Ibiza property prices in 2026 span an enormous range — a small Sant Antoni apartment can start around €280,000, while a luxury villa in Sant Josep or Es Cubells can run past €7 million. This guide breaks down the real median price (not just the inflated average), how costs vary by area and property type, and what taxes, fees, and renovation actually add on top before you own the keys.
Ibiza vs Mallorca: Which Island Is Better for Buying a Second Home?
Both islands sit in the Balearics, both attract serious international buyers, but Ibiza and Mallorca are genuinely different places to own property. This guide compares real price-per-square-metre data, rental yields, and lifestyle fit for families, remote workers, and investors — plus how co-ownership can lower the entry point on either island so you don't have to choose just one.
Frequently Asked Questions
What is Kocomo?
Kocomo is a marketplace and educational hub for the co-ownership of vacation homes, bringing people closer to their dream of owning a second home.
Kocomo makes it easy to learn about the co-ownership model, compare the industry’s key providers, and find the vacation property that’s perfect for you.
Can foreigners buy property in Spain?
Yes — Spain places no restrictions on foreign buyers of any nationality. You'll need a Spanish tax ID (NIE) and a local bank account. Read more in Buy a House in Madrid: Modern Ways to Own Property in Spain.
How much does it cost to co-own a vacation home in Spain?
Kocomo's Spanish listings currently start from €119,000 for a share, with most properties sold in 1/8 fractions averaging around €284,000 per share.
Does buying property in Spain still grant a Golden Visa?
No. Spain ended its real-estate Golden Visa route on April 3, 2025, so buying a home no longer grants automatic residency. Property ownership can still support other visa paths, like the Non-Lucrative or Digital Nomad Visa, but it is no longer a standalone route on its own.
How long can I stay in Spain if I'm not an EU citizen?
Non-EU visitors, including UK citizens post-Brexit, are limited to 90 days within any 180-day period without a separate visa. Co-ownership is built around this rhythm, since most shares allocate a similar number of weeks per year. See How Easy is it to Buy a Holiday Home in Spain? for the full breakdown.
Is co-ownership the same as a timeshare?
No. Co-ownership gives you a deeded percentage of real equity in the property — you can sell it, will it, or watch it appreciate. A timeshare only grants a right to use a unit for a fixed week, with no ownership stake. See our Timeshare vs Co-ownership Guide.
What taxes will I owe as a non-resident owner in Spain?
Non-resident owners pay an imputed income tax (IRNR) of roughly 0.2-0.4% of the cadastral value each year, plus a one-time transfer tax (ITP) of 6-10% at purchase, both split proportionally with your co-owners.