Resort timeshares have advantages
If you are in the market for a timeshare, there are several things to consider to ensure you get the most out of the deal. First off, there is no such thing as a standard timeshare. Though you are only buying a small share of a property, there are many different ways to go about it. Resorts, developers, private companies, yachts and existing owners can all offer timeshare packages, each varying slightly from the next.
If you choose to buy a timeshare through a resort, you will often acquire use of their facilities and receive discounts when you stay at sister resorts. This perk can be great if you enjoy the resort life. Nightlife, restaurants, entertainment and shops are common among resorts. Gaining access to all can be a selling point for many prospective buyers.
However, be aware that these timeshares can be more expensive because the resort is selling the share to you directly. They will bump up the price because it includes use of their facilities, and often you are paying more for prime beaches and service than for the accommodation. The best way to avoid high resort costs is to buy a timeshare resale. If you buy a timeshare from an existing owner then you reap all the benefits of the resort without having to pay the exorbitant fees.
For some, a more secluded vacation is desired. In this case, buying a timeshare from a resort is probably not the best idea. If you have your heart set on a quaint, little house in the Italian countryside then you should consider purchasing your timeshare through a private company. Companies acquire sought-after properties and then sell them to various buyers for ideal vacation getaways. This style of timesharing is more like purchasing your own vacation home, though you are sharing the cost and upkeep with many other buyers. Keep in mind, however, that most timeshares are only for a week or two every year, not a prolonged period of time.
Others may choose to buy their timeshare through a developer. The timeshare market is hot, and some developers are building condominium complexes exclusively for timeshare resale. These properties are not tied to a resort, therefore the lifestyle feels more independent and the locations can be more exotic. Talk to you real estate agent or search online to get a better idea of what each seller has to offer.
Some timeshare options at resorts include:
- Grand Pacific Resorts
- BlueGreen Resorts
- Hilton Grand Vacations Club
- Hyatt Vacation Club
- Sheraton Vacation Ownership
- Westin Vacation Ownership
Also, keep in mind that instead of settling for just one timeshare straight up, there are companies that will allow you to exchange a week at one timeshare for a week at another. This concept is becoming more popular because, though timesharing is a great investment, you may get tired of going back to the same old condo in Florida year after year. If this sounds like the best deal for you, consult your agent or search thoroughly on the web until you find a company that can offer you the most flexible timeshare package.