What is the biggest benefit of owning a timeshare? |
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This system makes vacation home ownership possible for many people who cannot afford a second home or who otherwise would not be able to enjoy such resort facilities. It is important to remember that 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. There are different structures so check the details carefully. A timeshare is not the same as a fractional ownership property. In some locations you are buying a part of the freehold and in other cases you are just reserving time with no real ownership rights. In some ways the only benefit is the fact that you are pre-reserving a holiday rather than being unsure where you will be heading each year. Some programs allow you to trade you time for an alternative location but you must look closely at the trading privileges and restrictions.
First answer by ID404738382. Last edit by JohnCorey. Contributor trust: 22 [recommend contributor]. Question popularity: 76 [recommend question]
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