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What is Timeshare?

What is Timeshare?

I’m sure you've heard of Garza Blanca Resort & Spa Cancun and Villa Del Palmar Flamingos Beach Resort & Spa. Anyone familiar with the timeshare industry will know that at TAFER Residence Club and all our resorts, we don't just sell what you know as timeshare, we are a luxury vacation club, with a quality product that is worth every dollar you can invest in it.. According to the latest tripadvisor reviews, in addition to being a top rated and best seller, our guests leave comments in our profile like: - “We agreed to a timeshare presentation and the first representative, Antonia was professional, informative and very knowledgeable.” and also: - “Fabulous Resort And Well Worth Considering as a Timeshare”

But...What is Timeshare? well legally speaking, a timeshare is a way for multiple people to share ownership of a property, usually a vacation property, such as a condominium in a resort area. Typically, each buyer purchases a specific unit within a specific time period. Timeshares typically divide the property into time periods of one to two weeks. If the buyer wants a longer stay, there is the option to purchase multiple consecutive timeshares (if available).

Traditional timeshare properties typically have properties for sale during a specific week (or weeks). Buyers select the dates they want to spend there and purchase the right to use the property during those dates each year. For example, choosing a fixed date is particularly useful if you always want to spend birthdays or special holidays at the property.

Some timeshares also offer "flexible" or "floating" weeks. This agreement is less strict and allows the buyer to choose one or more weeks with no fixed dates but within a specific period (or season). Owners reserve the right to book a week at any time during the year; subject to availability.

Timeshares work well as a vacation option for many reasons. If you vacation at the same resort for one to two weeks every year, a timeshare can be a great way to own a property you love without the high cost of buying a home. Timeshares also provide you with the convenience of knowing exactly what you’re getting each year without the hassle of searching, booking, and renting accommodations or the worry that your favorite accommodations won’t be available. Your time also has financial value. Additionally, some timeshares offer perks and shared amenities, such as access to gyms and hot tubs. Some offer on-site storage so you can conveniently store equipment like surfboards or snowboards and avoid the hassle and expense of shipping them back and forth. The fact that you may not use your timeshare every year doesn't mean you can't enjoy owning it, Many owners enjoy periodically loaning out their weeks to friends or relatives. Some donate the timeshare weeks, as an auction item at a charity benefit, for example.

As you can see, the timeshare industry is as nuanced as any other profession, but what is certain is that it is not only a fun job, it is also one that allows you to change your lifestyle for the better, and if you decide to start, i promise you will hardly ever want to get out of it.