If you have ever been on vacation in a resort, you have probably been invited to attend a breakfast session to learn about the resort’s timeshare opportunities. Like many people fresh off the plane and looking for some sun, you may have decided that you would rather spend that time at the beach. Or, you may have automatically thought to yourself “there is no way that I could ever afford to own a piece of paradise!” and declined the invitation. However, that extra hour of beach time may have cost you the opportunity to learn more about how a timeshare can help you get your own piece of paradise to enjoy for yourself or as an investment.
What is a timeshare?
The idea of a timeshare emerged in the early 20th century, when multiple families would pool their resources to buy a single holiday property, and would have access to the property on a pre-determined schedule. The modern idea of the timeshare is pretty much the same thing in the sense that it is an arrangement whereby multiple people have shared access to a single property. The details may vary – for example, in some resorts people might actually jointly own the physical building. In others, people may own the right to occupy that building at certain times rather than owning the building itself. Either way, the end result is the same – you have guaranteed and affordable access to a slice of heaven!
Advantages of timeshares
There are number of advantages that come with owning a timeshare. The most obvious one is that it is far more affordable to own a week’s worth of time at a holiday resort than it is to buy the property itself, especially if you, like most of us, can only take a few weeks holiday a year to begin with.
Another major advantage of owning a timeshare is that because you generally own the right to access for a few weeks a year you aren’t on the hook for maintaining a vacation property all-year round. Instead, you pay for what you use.
Especially if you travel with groups of people or children, owing your own timeshare means that you don’t have to deal with the extra expenses of renting suites or cramming cots into small rooms if a suite isn’t available. With your own timeshare, you know exactly how many people you can accommodate, and don’t have to worry about extra costs.
Another clear advantage of timeshares is that you can trade your space with timeshare owners in other locations if you like. You may be surprised to know that you can sell your timeshare as well (but make sure you get expert advice about your timeshare value!).
And finally, owing your own timeshare means that you never have to worry about hotel availability – especially if you are in a popular destination, you can find hotels are booked months in advance. Having a guaranteed place to hang your sun hat means that you can keep an eye out for airline seat sales well in advance without having any concern that you will arrive with no place to stay!
For all of these reasons and more, a timeshare may be a perfect way for you to secure an affordable piece of heaven for you and your family!