subject: Should You Be Investing In A Resort Ownership Scheme For Buying A Holiday Home [print this page] Should You Be Investing In A Resort Ownership Scheme For Buying A Holiday Home
Would you like to be the proud owner of a holiday home on say the Costa del Sol, but don't have the money to fund it? Then why not consider opting for the resort ownership schemes that are available. This is where you pay a one off fee and this allows you to holiday in a fantastic property for certain weeks of the year.
But how can you tell if going this route to be the owner of a wonderful holiday property is right for you? Look at the following categories to see if you fall in to any of them.
1. Are you someone who is happy to only part own a property that is carefully managed?
2. Are you someone who would like to own a second home that can be used for a holiday but where you will not be in a position to use it at all times throughout the year?
3. Would you like to be someone who does own a property that you can use for a holiday but simply don't have the funds available to fund the purchase of the property outright?
4. Would you like to own a property but without being faced with the expense of having to repay a mortgage, insuring the property and of cost spending money each year to keep the property in good condition. Yet you find yourself only being able to use it for 1 or 2 weeks each year?
If you are able to answer yes to any or all of these questions then you really should be considering purchasing a property that is part of one of these resort ownership schemes. The great thing about these is that you are only investing money in the weeks that you wish to stay in the property. Plus you will only be asked to cover part of the costs of maintaining the property.
