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Timeshares have been providing people with affordable vacation opportunities for almost fifty years. A timeshare is a property that several people own. The owners “share the time” at the property, meaning that they will split weeks, months, or parts of the year for personal usage. Many timeshares are located in condominium complexes in exotic or tropical locales. More and more vacationers are seeing the benefits of owning a timeshare. If a family prefers to travel to a specific destination every year, they may find that owning a timeshare will save them money during their holidays. Also, corporations have been purchasing timeshares for many years. Employees are then allowed to pick certain days or weeks that they would like to spend their vacation at the timeshare. By not being the sole owner of the property, tourists save themselves from having to pay an entire mortgage.

View from Vancouver Island timeshare property

Bedroom photo of a Loch Lemond timeshare property

Wowfly, a website that focuses on everything timeshare, claims that luxury timeshares are the latest trend. Rather than simply owning a piece of a small condominium, buyers are sharing ownership of extravagant properties, homes that have all the modern amenities and more. These luxury timeshares are sometimes located on a premier golf course, have access to a private beach, or include maid services. These private residences are usually run by a club. Club services provide private chefs, health spas, professional gyms, and even exciting entertainment.

A view of the kitchen, fully equipped with amenities

For those that find the idea of investing in a property not used yearlong, timeshare rentals are also available. Many people that own timeshares find that the cost of maintaining their property can be quite challenging, so they rent their property by the week or month to vacationers. This allows tourists to enjoy the comforts of home, but not have to pay the price of actually owning the residence. Also, this gives timeshare owners extra income and the peace of mind knowing that their property is not sitting vacant for extended periods of time. Websites like Vacation Timeshare Rentals offer an outlet for timeshare owners to place ads to rent their properties.

Breathtaking beach view at sunset

Ultimately, if vacationers are looking for a place to stay that is both inexpensive and includes all the modern amenities, timeshare renting might be their best option. However, if they find themselves returning to certain vacation destinations every year, they may find that purchasing a fraction of a timeshare is the perfect solution to spending too much time searching for comfortable accommodations. Luxury timeshares are akin to living in a private community with a country club, but they have the benefit of not paying full-price for a property.

A view overlooking the shimmering water



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This entry was posted on Thursday, February 12th, 2009 at 8:52 am and is filed under Travel Ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Sharing a Private Vacation Residence”

  1. Sean@Lifestyle Management Says:

    Wow, those are beautiful. Where is the beach setting located at?

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