Buy Property in Greece Through Co-ownership
Owning a home on a Greek island usually means paying the full price of a villa in Mykonos or Santorini, or renting the same week every summer with no equity to show for it. Kocomo lists co-ownership properties across the Greek islands and mainland coast, with shares starting from €65,000 and a typical share priced around €119,000, most sold in 1/6 fractions. Every listing comes from vetted local providers, with transparent pricing and resale support built in. Here is what is for sale now, what it actually costs, and how co-ownership works in Greece.
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Buying in Greece as a foreigner is open to all nationalities. Unlike some Mediterranean markets, Greece still offers its Golden Visa residency-by-investment program for qualifying property purchases, plus a 24% VAT exemption on new-construction projects. Construction caps in prime areas like Mykonos, in place until 2030, are keeping supply tight and prices firm in the most sought-after locations. Our guide on Greek coastal real estate investment covers the market in detail, and our Greece vacation home guide walks through the co-ownership model market by market.
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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 Greece?
Yes. Foreign buyers, including non-EU citizens, can purchase property in Greece with no significant restrictions in most regions, though a small number of border areas require additional permits.
Does buying property in Greece still grant a Golden Visa?
Yes — unlike some Mediterranean markets that have ended their real-estate residency programs, Greece's Golden Visa is still active for qualifying property investments, offering EU residency to non-EU buyers who meet the minimum investment threshold.
How much does it cost to co-own a vacation home in Greece?
Kocomo's Greek listings currently start from €65,000 for a share, with a typical share priced around €119,000.
Why do Greek listings use 1/6 shares instead of 1/8?
Most Kocomo listings in Greece are sold in 1/6 fractions rather than the 1/8 fractions common elsewhere, which means a larger annual usage allocation per share — typically more weeks per year than an equivalent 1/8 share in another market.
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.
Can I resell my share later?
Yes — because it's real deeded equity, not a usage right, your share can be sold or passed on, similar to any other piece of real estate, subject to the co-ownership structure's resale terms.