The benefits are mutual for both the renter and owner. If an owner cannot utilize the timeshare during the year, the owner can rent their time at the property at a profitable rate. For the renter, a timeshare rental may be less expensive than a hotel or inn per night.
Unlike a hotel, a timeshare gives a renter an apartment-size living quarter including kitchen, den or deck for each apartment in addition to bedrooms and living rooms. The investment in the timeshare is similar to condominiums in that timeshares are maintained by companies that collect fees from the owners of the entire timeshare property for that purpose.
Most timeshares are in excellent locations in vacation spots, such as in the mountains, beachside properties or near major municipalities. Timeshares also include high-value amenities, such as community pools, private balcony space, working kitchens and a homelike atmosphere. Even if the timeshare seems pricey, the location and amenities at the timeshare may be relatively cheap.
Find available rentals by searching the numerous websites that specialize in timeshare purchase and rental. Rentals are not rare, but they are usually in high demand and competitively priced.