Purchasing a holiday home abroad doesn’t have to be out of reach. By joining forces with family or friends, you can share costs, gain greater flexibility, and still enjoy the benefits of owning a holiday property in some of Europe’s most stunning locations. Co-ownership is a smart, economical solution that combines quality of life with a solid investment.
At AlpenLiving, we guide you every step of the way—from the initial idea to finalizing the purchase—with expertise in co-ownership and a strong local network that ensures a smooth process.
What is Co-Ownership and How Does It Work?
Co-ownership means that two or more parties share ownership of a holiday property. This is structured through a co-ownership agreement (O/G), which serves as the legal and financial framework for the property.
The O/G outlines key elements such as usage rights, cost distribution, and maintenance responsibilities. This ensures transparency and security for all involved parties.
At AlpenLiving, we help you navigate the processes and legal requirements. Our local network and in-house legal experts are ready to ensure that all aspects are professionally managed—from setting up the O/G to addressing local regulations and procedures.
How is Co-Ownership Financed?
In many cases, financing is arranged through the newly established O/G company, which becomes the owner of the holiday property. Each party contributes financially to the company, which then handles the purchase and ongoing expenses. This approach allows resources to be pooled and responsibilities to be shared, without placing undue financial strain on individual parties.
We collaborate with local banks and financial partners who are experienced in working with international buyers. Their expertise ensures that the financing process is seamless and professional.
How Do We Ensure Clear Agreements and Cooperation Among Owners?
A successful co-ownership investment requires clear agreements and structures from the start. At AlpenLiving, we offer flexible solutions:
- We can develop customized bylaws and co-ownership agreements in collaboration with you to tailor them to your needs.
- Alternatively, we provide templates and advice that you can adapt to suit your situation.
This process is highly individualized and depends on the owners, but our goal is always to ensure that all parties feel secure and well-informed throughout the journey.
Contact us to learn more about how we can help you realize your dream of owning a holiday home with family or friends. We guide you safely and professionally through the entire process.
