subject: Getting Timeshare Resort Properties [print this page] There are many different factors as to why people purchase timeshare resort properties. Some people use them year in and year out for vacation purposes. Other people have purchased time shares as an investment option. Whatever you are motivated by, a timeshare is a great option for either one, and is a quality investment.
How a Timeshare Works
A timeshare can be a one star or a five star resort in which many different people hold the rights to the property. Each person is allotted a period of time that is generally a week. This week is generally used at the same time every year, but for some of them they will give you the flexibility to book the room when you want it. There are a few different ways that people can own a stake in a time share.
They may have a lease basis or they may have part-ownership. With a lease basis, they have no claim to property ownership, with a part-ownership; they have a little more stake into it. There are pros and cons to each ownership options, so be sure that you weight the options.
Luxury Resort Memberships
Another option to a time share is luxury resort memberships. These are generally based on a point system, and shares of the membership are sold or deeded to the person. The nice thing about a luxury resort is that you can generally travel to resorts that are located all over the world; you aren't locked into one location. With these, you can stay at great travel resorts that you enjoy, and also own a stake of the property.
Renting Your Time Share
If you own a timeshare, you don't always have to use it. You can rent the weeks out to someone else so that if you aren't using it, it isn't going to waste. This is a great way to turn your timeshare into an investment, and hopefully make a little more money than you have to pay each year for your share. This is a great way to recoup funds if you can't use the time share.
If you are interested in great vacations, look into getting a timeshare. There are all kinds of great options that are available for time share purchases, so be sure to get one that fits you. You'll love all the choices you will have when you are picking out your timeshare.
