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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 saw them when I was there and also in Cancun. Just like the ones in Vegas, I ignored them. I don’t want to waste any of my travel time looking at timeshares.
I just walked away from a presentation and refused to buy in. No question about it they seemed pissed.
Please help I need help in drafting a letter to say I’m giving my timeshare back as I was mis-sold it and I need to know how to word it, I have just had my first letter threatening to take me to court because I haven’t paid this years maintenance
Please help I need help in drafting a letter to say I’m giving my timeshare back as I was mis-sold it and I need to know how to word it, I have just had my first letter threatening to take me to court because I haven’t paid this years maintenance
Buy timeshares is never a good idea. But for those who really feel they need one I make one recommendation: Never buy from the developer. Always wait for timeshares to appear on the secondary market, usually at half-price. People like you get excited at the new developments and jump right in, only to become disillusioned later and dump the property onto the secondary market, at a loss, for a patient, informed buyer to take advantage of.
I never did understand a time share! If I want to vacation there, it is much cheaper to just go and get a hotel. No long term contract and expense obligation.
I never did understand a time share! If I want to vacation there, it is much cheaper to just go and get a hotel. No long term contract and expense obligation.
Getting a timeshare is not an investment, and that's what people should understand first. Buying a timeshare is not an option. Not even in the resale market. They come with maintenance fees and more expenses, if you take a look at sites like ebay or redweek you'll see many owners are selling the units even for less than 1 buck!!
Timeshares don't worth it
Getting a timeshare is not an investment, and that's what people should understand first. Buying a timeshare is not an option. Not even in the resale market. They come with maintenance fees and more expenses, if you take a look at sites like ebay or redweek you'll see many owners are selling the units even for less than 1 buck!!
Timeshares don't worth it
Getting a timeshare is not an investment, and that's what people should understand first. Buying a timeshare is not an option. Not even in the resale market. They come with maintenance fees and more expenses, if you take a look at sites like ebay or redweek you'll see many owners are selling the units even for less than 1 buck!!
Timeshares don't worth it
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