2006-10-19 07:49:01 · 13 answers · asked by olin1963 6 in Travel ➔ Travel (General) ➔ Other - Destinations
If you want to do a timeshare, I would recommend a "points-based" timeshare, such as Worldmark, Fairfield, Marriott, or Shell. They allow you to go to many different condos and some even allow you to use your points for alternative vacations, such as cruises. There will be maintenance dues to pay either quarterly or yearly. Also be aware that the most popular resorts will be booked up quickly, so plan ahead!
2006-10-19 09:31:16 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Purchasing timeshare should never be viewed as a financial investment with the expectation of gaining a profit in either reselling it or renting it to someone else. Timeshare is an investment in lifestyle, in future holidays, in family time together, and when viewed that way it can be a good investment indeed.
2016-05-22 02:38:50 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A timeshare is great if yiou use it . I wouldn't buy one as an investment unless it's in a highly desired area. I sold memberships to a private resort and talked to a lot of people who had timeshare they never use it and they couldn't sell it. so buy timeshare if it's for you not as an investment.
2006-10-19 07:57:26 · answer #3 · answered by Jaime K 1 · 1⤊ 0⤋
i have a timeshre memebership that is very flexible. i live in portugal, where my timeshare is, and i get to use the complex all year round because of this (the pool, gym etc). If i go away i swap it for where ever i want. I opted to buy in a luxury complex, and its great to know you can stay at 5 star resorts all over the world, without paying for the accomodation everytime. It takes the stress out of saving for a holiday, so if you can afford it now, go for it!
2006-10-24 06:30:54 · answer #4 · answered by Anonymous · 0⤊ 1⤋
I have a time share and I am a travel agent. I own one by Disney in florida...I recommend it only if you plan on returning every year. Or selling your weeks away which is what i do.... Once it is paid off you have it for the rest of your life.... I dont recommend it for investment.....not easy to sell at all.
If you are going to buy make sure you know what level of property it is with RCI the level of the property is VERY IMPORTANT... in their point value system. It has good value with exchanging points to have a great vacation in other places.
2006-10-19 16:00:56 · answer #5 · answered by t00sweets2 2 · 1⤊ 0⤋
For the amount of time you get to use them I would say no. I have a friend and his dad have one on a nice lake with a boat house garage, real nice. He gets it 4 weeks a year, usually two weeks at a time. They also pay maintenance fees. To me, it be much better just to rent a nice Motel over looking the lake, and not have to clean up when you leave for the next people.
2006-10-19 08:00:53 · answer #6 · answered by Snaglefritz 7 · 1⤊ 0⤋
That depends on the people you buy it from.... Personally I'd invest in one if I had the money but I would buy it on EBay not these high priced time share companies. just make sure the fees to the points clubs or whatever are paid for you.
2006-10-26 20:27:07 · answer #7 · answered by gordon B 1 · 0⤊ 0⤋
Friends of mine have one. It is like real estate. You can sell it, but you pay taxes on it, and pay for it all year, like a prepaid vacation anywhere. You have to weigh the cost of saving that much money monthly yourself for travel deals. Myself, I don't see the value in it, more of an expense in my opinion.
2006-10-19 11:26:35 · answer #8 · answered by henrietta409 2 · 1⤊ 0⤋
Investment? No... Just an alternative to vacation spending...
2006-10-19 07:56:57 · answer #9 · answered by Andy FF1,2,CrTr,4,5,6,7,8,9,10 5 · 1⤊ 0⤋
run for your life from this.,just unloaded one in Aruba, I feel as though a weight has been lifted from my shoulders, no investment here just hassle's.
2006-10-25 12:43:36 · answer #10 · answered by glasgow girl 6 · 0⤊ 0⤋