Fractional Ownership Heads to Europe. NY Times, August 9, 2008

Long popular in the United States, fractional ownership — in which the costs of a vacation home or other asset are divided among a pool of members — is steadily making its way across the Atlantic. For prices starting at $100,000, not including annual dues, buyers can own a piece of a coveted property in the Tuscan hills, in the heart of Florence or in other European locales.

http://travel.nytimes.com/2008/08/10/realestate/commercial/10sqft.html