One of these important facts is that timeshares are not a good financial investment regardless of what a timeshare salesperson tells you. If you buy from a resort developer, you are paying all their marketing expenses and the resale value of most timeshares is less than half of what they are sold for. However, timeshares can be a good reason if you want to raise the level of your travel extravagance. While most timeshares are condos, you can compare these to deluxe hotels.
Also, with timeshares, you will increase your enjoyment and comfort. But be warned that you won’t save money on your vacation travel with this. If you are on a tight budget and you have other more important priorities than where you stay, then, timeshares are probably not for you. Moreover, timeshares are self-serve. Yes, it can be a luxurious accommodation but unlike hotels you won’t get a 24-hour room service with timeshares.
Timeshares have been tied to a number of disadvantages and that’s why many owners try to get rid of their units nowadays. Some of them even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. But if you are well-informed about the possible trap that you’ll get into in owning such property, then, you have a bigger chance of enjoying your ownership.