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Plain and simple: No, timeshares are a purchase and are not a financial or real estate investment. Learn how people are tricked into thinking that timeshares are a growing asset.
Timeshare is a good investment only if your purpose is to have a place to spend your vacations and not as a financial investment to make a profit.
We received a call a few weeks ago about a recent timeshare purchaser who was invited to a presentation while on vacations and bought a $20,000 USD villa for one week yearly. He asked us is timeshare worth it?
Timeshares need to be looked up as a purchase and not an investment.
Regardless of how timeshares are presented, they don't perform as well as a house or stock investment.
If you look around the resale market for timeshares on websites like eBay, Red Week, or TUG BBS will find that you can buy a timeshare for far less money than what the first owner purchased it for.
This is an answer to your question, "Are timeshares a good investment?" Here we show you a few of the reasons why timeshares are not a strong financial investment, including:
- Many timeshares are a right to use; they have an ending period, so their value decreases trough time.
- There are maintenance fees, property taxes and other annual costs associated with the purchase of a timeshare.
- Timeshares are not attractive properties, and proof of this is that resorts need to offer incentives to attend a timeshare presentation.
A friend's advice would be to be cautious before making a purchasing decision.
Better yet, don't buy these that apply to you:
- You love going back to the same place over and over again and are flexible as to the time of the year you travel.
- You trust the managers of the property that they'll perform great maintenance on your property, and your maintenance fees will be well spent.
- You have extra money to spend and don't mind buying a timeshare for $20,000.00 USD and selling if for a dollar (if lucky).
I have friends who have a timeshare at Mayan Palace and seem to enjoy it.
They know their best bet is to go back to their properties and avoid their sales presentations.
I asked them recently if they believed it was a good investment for them, and they replied: "it's paid for, gotta use it. Right?"
At Mexican Timeshare Solutions, we strive to give back freedom to people who purchased timeshares for the wrong reasons, such as financial investment.
Call us for a free consultation on how we can help you cancel your timeshare contract.
Remember, our service is risk-free, as we work based on results, so you do not waste any money paid up front.
To receive more information about whether a timeshare is a good investment and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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I have read many good reviews and pretty solid information about timeshare, but this article confused me. Why is timeshare a bad investment?
Timeshares originated in the Northeast USA around 1974. They were created to solve the problem created by the lack of available financing for existing inventory in Resort Communitiies and the many commercial resorts that were experiencing declines in both income and usage. Originally inexpensive, their success catipulted prices such that a $100.000 fully furnished condominium was selling for upwards of $400,000.00 in timeshares. Marketing costs ran about 45%, operational expenses and cost of goods sold about 30%, leaving a gross profit of 25% or $100,000.00. Timesharing was an excellent investment for both marketers and developers, but not for purchasers. The exchange services offered have been less than promised, rental incomes are nill, and resales disastrous. Are timeshares Monies well spent? Well, almost as good as the money forwarded by well intentioned worshippers to the many mega tele-evangelical churches viewed on local cable networks....
Raintree Vacation Club es un abuso para las condiciones originales del contrato, originalmente hecho con Club Regina para disfrutar de tres destinos, Cancún, Vallarta y Cabo. Empezaron cobrando como 800 USD por anualidad de mantenimiento y ahora ya van en 1,250.00 USD y si te pasa un día del vencimiento para el pago, aunque sea domingo, dia en que ellos no no trabajan, te cobran intereses.
Reitero lo mismo que muchos han dicho, no es conveniente comprar un tiempo compartido. Además de los problemas para conseguir reservación cuando uno la requiere, te piden que escojas otro destino generalmente porque en Cancún nunca hay lugar. Los cargos por eventos especiales, por el huracán fulano, o por remodelación (que debería estar a cargo de ellos y no cargarlo a los que supuestamente somos miembros del Club Regina) las cuotas de mantenimiento ya son impagables. No aceptan tratos, solo te difieren el pago a 8 meses si no lo pagaste a tiempo. Pero de cualquier manera es una carga para cualquier presupuesto normal. También me uno a la demanda popular de hacer algo en contra de estos abusadores que sorprenden a la gente que está entusisamada al llegar a un resort así, por su falta de costumbre de estar junto al mar en un lugar hermoso que a larga se convierte en una pesadilla.
Yo también quiero cancelar mi contrato.
Para nada es una buena inversión, no den su dinero a los tiempos compartidos, por propia experiencia les puedo decir que existen otras formas de vacacionar, los tiempos compartidos nunca es lo que promete, cada año suben las cuotas y suerte con la disponibilidad, ni se embronquen.
No compren tiempos compartidos, la verdad que es una perdida de dinero porque no los puedes usar , a menos que hagas un upgrade cada 2 meses, mas aparte pagando la cuota de mantenimiento mensual , es una estafa pagar por algo que ni siquiera te dejan usar , en mi caso nunca estaba disponible !
Vaya que no lo es, mi esposo y yo fuimos estafados por un resort en mexico , para ser exactos pueblo bonito , nos enredaron en una presentacion de tiempo compartido y nos prometieron muchas cosas, hasta bonos de dinero , total firmamos y ahora no hayamos la puerta para safarnos de esas personas, necesitamos ayuda
Acquire a timeshare is NOT A GOOD INVESTMENT, i lost a lot of money with timeshare field, the resort can promise many things that can afford but IS NOT TRUE, so for my own experience pls try to avoid all timeshare field to not get scammed , also read more about timeshare scam , tnx
the answer is no , a timeshare never gonna be a good investment, so in this moment i f you are thinking to buy one, for own experience dont do that, when you want to cancel it is gonna be impossible, even with professional help , timeshares is a very risky business , exist more options to enjoy life, but a timeshare is not a good option , believe me.
Mi esposo y yo hace unos años adquirimos un tiempo compaartido en mazatlan, para ser exactos en hotel el CID, al principio todo lo que nos ofrecieron fue estupendo , nos regalaron muchas cortesias , desayunos, bufett y teniamos chance de invitar a familiares y amigos a nuestro tiempo compartido , eso fue durante los primeros 6 meses, despues de ese tiempo queriamos volver pero nos decian que no estaba vacante y nos daban opciones que la vd no eran nada agradables para vacacionar, tmb un factor que nos hizo caer en descepcion fue que las cuotas de mantenimiento eran muy elevadas, muy x arriba de las que nos habia dicho anterior mente en la presentacion antes de adquirir nuestro tiempo compartido , a finde cuentas decidimos cancelar nnuestro tiempo compartido pero por razones del contrato no es posible, intentamos traspasarlo y venderlo y hasta la fecha aun nadie lo quiere, estamos desesperados ya que necesitamso desasernos de el , ya que se nos estan acumulando cargos como si lo usaramos frecuentemente, cosa que no es vd , un amigo nos recomendo a esta pagina ,ya nso pusimos en contacto , esperemos y todo salga bien
Definitely i dont think that are a good investment, because with time the value decreases so fast..so only for enjoy a while its ok , timeshares dont have the enough potential
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