Are Timeshares a Good Investment?

Timeshares are not an investment that will appreciate over time; rather, it is a major purchase that will remain expensive for many years due to maintenance costs.
  1. Use it Every Year or Lose the Opportunity

    • Problems mount when owners forget to bank their upcoming time period. Even when the points are banked, they then must be used within a certain time or they are lost.

    The Hidden Costs of Getting to Your Destination and Other Fees

    • Transportation costs, maid points and transfer fees to other timeshares outside your designated week all add up.

    Availability is Often in Question

    • Although there are often quick turn around bargains to be found if you are willing to consider other destinations, owners must be flexible with regards to vacation dates.

    You May Not Actually Own Property

    • If you purchase points or shares in a development and the owner goes bankrupt, you lose your investment; if the development goes into receivership, you are considered equally liable.

    Postive Side of Timeshare Ownership

    • Timeshares work for families that are committed to a yearly vacation in the same location. Additionally, companies become your personal travel agent, taking care of airfare and car rentals at a slightly reduced price.

    Consider Your Future Needs

    • Families with young children find timeshares appealing, but older children with extracurricular activities (like soccer) tend to dictate where and when a family can vacation.

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