Timeshare is often defined by its bad press and misrepresentation, which is generally provoked by new or inexperienced companies. The reality of timeshare is somewhat different to what you read about on the Internet or in the press. Let’s not forget that most people are strongly motivated to complain while content customers are too busy enjoying their vacations to post their approval. So, what is the truth about timeshare? Scam or worthwhile investment?
Perhaps one of the most controversial fears about timeshare is that the operator will run off with your hard earned cash and you will be left with a credit card bill and no vacation property. The truth is actually quite the opposite; while there are of course unscrupulous companies associated with any business venture, if you buy with an established, validated timeshare developer, being duped out of your money in this way is highly unlikely.
Encourages Regular Vacations
One of the commonly reported benefits of having a timeshare property is that it encourages families and couples to take regular vacations, so as to make the most out of the investment. Getting away becomes much easier and because the area is familiar it also takes the stress out of your vacation.
Luxury Accommodations on a Budget
When purchasing a timeshare your range of options increases greatly and you are more able to afford a property that is way beyond your price range than if you were to go for full ownership. Also, as most timeshares are usually condo-style living or apartments, you are also able to save money on eating out so often without skimping on your pleasure. More importantly, in comparison to a hotel room, you gain so much more living space and enjoy better value for money.
Maintenance fees are a reality of timeshare ownership, just like any condo, but what buyers often overlook is how essential they are to secure your investment and ensure that your unit remains in perfect condition for when you visit. Maintenance fees cover more than cleaning costs, they also include repairs, improvements and purchases of furniture etc, the beauty of which is that the expenses are shared amongst all the owners rather than you footing the bill on your own.
Timeshare companies have a nose for a great destination, and therefore long term investments. With years of expert planning behind the development of any established timeshare company, you can be sure that you are buying into a destination with a future. That is also a benefit if you wish to swap your timeshare for other destinations within the same timeshare group or through a vacation club, as you can be sure where there is timeshare, there is a great destination awaiting.
- Advantages of Vacation Rentals
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