Timeshare in Greece: Buying, Selling and Renting in Rhodes, Crete and Corfu

Greece as a Timeshare Destination

Greece is one of Europe's most iconic holiday destinations, with over 6,000 islands, a climate that delivers long hot summers and mild springs and autumns, and a culture that has drawn visitors from across the world for centuries. For timeshare buyers, Greece offers something distinct from Spain or Portugal: dramatic island scenery, authentic local culture, and some of the clearest water in the Mediterranean.

The Greek timeshare market is smaller than Spain's but well-established, with a loyal base of repeat visitors — particularly from the UK, Germany, and Scandinavia — who return to the same island year after year. If you own a timeshare week in Greece and are looking to sell or rent, BidMyTimeshare.com connects you directly with this audience across eight European languages, with no commission and no middlemen.

Main Timeshare Destinations in Greece

Rhodes: The Island of the Sun

Rhodes is Greece's fourth-largest island and its most popular with international tourists. The north of the island — centred on Rhodes Town with its medieval Old Town and Mandraki Harbour — attracts a more culturally minded visitor, while the east coast resorts of Faliraki, Ixia, and Kolymbia cater to beach and water sports holiday-makers. Lindos, on the east coast, is arguably the island's most beautiful village and commands a premium for accommodation.

Rhodes has the longest tourist season of any Greek island — hotels and resorts operate from April through October, with a core summer period from June to September that sees near-maximum occupancy. This makes Rhodes timeshare weeks particularly attractive for rental purposes: summer demand is consistently high, and rental yields can be strong relative to annual maintenance costs.

Notable Rhodes timeshare resorts:

• Rodos Park Suites and Spa — A premium property in Rhodes Town with easy access to the Old Town and beaches.
• Ixia resort complexes — Several well-established apartment and studio resorts in the Ixia area, popular with British and Scandinavian timeshare owners.
• Kolymbia area resorts — Quieter than Faliraki, with pine forests meeting the sea and a family-friendly atmosphere.

Crete: Greece's Largest Island

Crete is a destination in its own right — large enough to feel like a mainland region, with distinct culture, cuisine, and landscapes that range from sandy beach resorts on the north coast to dramatic mountain gorges in the interior. The main resort areas for timeshare are concentrated on the north coast: Heraklion (and its eastern neighbour Hersonissos), Agios Nikolaos and the Elounda peninsula, Rethymno, and Chania in the west.

Elounda, east of Agios Nikolaos, is Crete's most exclusive address — home to some of Greece's finest resort hotels and the setting for several luxury timeshare and fractional ownership developments. Timeshare weeks in Elounda command significantly higher prices on the resale market than equivalent weeks elsewhere on the island.

Notable Crete timeshare resorts:

• Elounda Beach Hotel and Villas — One of Greece's most celebrated resort hotels, with private villas and bungalows directly on the sea.
• Hersonissos resort complexes — A range of apartment and studio resorts in and around Hersonissos, popular with package holiday operators and offering strong rental demand.
• Rethymno area resorts — Well-managed resort apartments near the Venetian harbour town of Rethymno, combining culture and beach.

Corfu: The Green Island

Corfu stands apart from the other major Greek timeshare destinations in character and geography. Lush and green, influenced by centuries of Venetian, French, and British rule, it has an elegance that appeals to a slightly different visitor than the sun-bleached beaches of Rhodes or the rugged landscapes of Crete.

The main resort areas are on the north and east coasts: Paleokastritsa and Dassia in the north, and the long hotel strip from Gouvia to Benitses on the east coast. Corfu Town (a UNESCO World Heritage Site) adds a cultural dimension rarely found in Greece's more resort-focused islands.

Kos: History, Beaches and Easy Access

Kos is one of the Dodecanese islands, close to the Turkish coast and linked by ferry to Bodrum. It offers a manageable combination of history (the Asklepion healing complex, the Castle of the Knights), excellent beaches, and straightforward flight connections from northern Europe. Kos Town and the resort strip at Kardamena are the main bases for timeshare accommodation.

Other Greek Islands

Zakynthos (Zante), Kefalonia, Santorini, and Mykonos all attract significant visitor numbers but have smaller timeshare markets. Santorini and Mykonos tend toward luxury boutique hotel accommodation rather than resort-style timeshare. Zakynthos has a loyal timeshare following among British holidaymakers, particularly around Laganas and Tsilivi.

Legal Framework for Timeshare in Greece

Greece is an EU member state and has implemented the EU Timeshare Directive (2008/122/EC) through Presidential Decree 7/2010. Key consumer protections include:

• A mandatory 14-day cooling-off period with the right to cancel without penalty
• A ban on advance payments during the cooling-off period
• A requirement that contracts be provided in the buyer's language
• Full disclosure of annual fees, management costs, and exchange arrangements
• Maximum contract duration of 50 years for right-to-use arrangements

Greek timeshare law applies to purchases made in Greece, regardless of the buyer's nationality. For resale purchases made through BidMyTimeshare.com, the transaction is governed by the contract terms and the applicable law stated in the original timeshare agreement.

Maintenance Fees in Greece

Greek timeshare maintenance fees are generally moderate by European standards:

• Rhodes: approximately €350 to €700 per year depending on resort quality and season
• Crete (general): approximately €300 to €650 per year
• Elounda (Crete): premium properties may charge €600 to €1,200 per year
• Corfu: approximately €300 to €600 per year
• Kos and other islands: approximately €250 to €550 per year

As with Turkish properties, check whether fees are denominated in euros. Most Greek resorts price in euros, which provides greater predictability for northern European owners.

Selling a Greek Timeshare

The resale market for Greek timeshare is active among northern Europeans — particularly British, German, Scandinavian, and Dutch buyers — who have strong affinity for Greek island holidays and want to secure annual access at a fixed cost.

Factors That Affect Resale Value

• Island: Rhodes and Crete weeks sell most reliably due to flight connectivity and resort infrastructure. Smaller islands have a narrower buyer pool.
• Season: July and August weeks command the highest prices. Early June and late September weeks sell well to couples and retirees seeking quieter conditions.
• Resort management: Well-run resorts with recent refurbishment and stable fees achieve substantially better prices. Ask sellers for evidence of recent management accounts.
• Flight access: Islands with direct low-cost airline connections from multiple northern European airports are significantly easier to sell than those with seasonal or indirect routes only.

Renting Out Your Greek Timeshare Week

Greece is consistently one of the most searched holiday destinations in Europe throughout the summer months. Rental demand for a July or August week in Rhodes, Crete, or Corfu is strong and year-on-year reliable.

A well-presented listing on BidMyTimeshare.com — with clear photos, a description of the accommodation, and an honest statement of the resort's facilities — can attract rental enquiries within days. Rental listings cost $18 and are shown to buyers across eight European languages.

Frequently Asked Questions

Can I sell my Greek timeshare privately without an exit company?

Yes. Exit companies that charge large upfront fees offer no service that you cannot access yourself through a private listing. BidMyTimeshare.com gives you direct access to a Europe-wide audience of buyers for a small one-time listing fee and no commission on the sale.

What happens to my timeshare if the resort changes ownership?

Under Greek law and EU regulations, your contractual rights should transfer to any new owner of the resort. However, the practical implications depend on your specific contract. If your resort undergoes a change of management or ownership, seek written confirmation of your continued rights from the new operator.

Can I exchange my Greek timeshare week for holidays elsewhere?

If your resort is affiliated with RCI or Interval International, yes. Check with your resort's management company. Many Greek resorts are RCI-affiliated, giving you access to thousands of exchange destinations worldwide in exchange for your deposited week.

Is it worth buying a timeshare in Greece?

For regular Greece visitors who return to the same island most years, resale timeshare can represent excellent value — particularly at current resale prices, which are a fraction of the original developer cost. Evaluate it as a lifestyle purchase, not a financial investment, and buy only a week you would genuinely use or rent out each year.

Find Greek Timeshare on BidMyTimeshare.com

Whether you are searching for a summer week in Rhodes, an Elounda villa in Crete, or a quiet Corfu apartment, BidMyTimeshare.com lists private timeshare weeks across Greece's most popular islands. Browse listings, submit offers directly to sellers, and buy with no intermediary taking a cut. Or list your own Greek timeshare from $18 and reach buyers across Europe in eight languages.