On the whole, there are far more advantages to owning a timeshare than cons, the reality being that when timeshare, or vacation ownership in general, is right for you it will be one of the best investments you’ll ever make. However, as for any significant purchase, it is always a good idea to check out the pros and cons of vacation ownership.
Financial
One of the attractions of buying a timeshare or joining a vacation club points system like Villa Preferred Access is the financial benefits you will enjoy. When you buy a timeshare, you pay for your unit at the prices reflecting the market today and therefore if you divide the cost of your timeshare by the number of years on your contract you will see that you are essentially freezing your vacation accommodation expenses. While the financial “pros” are clear if you make regular visits to your property the apparent “cons” arise if you do not use your timeshare each year. In these cases you can make the con a pro buy either renting or lending your timeshare to family or friends on the occasions when you cannot use it, or opt for biannual membership.
Accommodations
The size and quality of the accommodations sold as timeshare by the Villagroup and other reputable timeshare companies are a definite pro in favor of timeshare. Accommodations are much bigger than standard hotel rooms and have fully equipped kitchens (or at least a kitchenette) with all the mod-cons of a home from home. Families can even save money on their vacations by preparing meals in their unit and socializing on their large balconies. The only disadvantage to Villagroup timeshare accommodations is that you won’t want to go home.
Fixed Dates
Many critics of timeshare argue that having to take a vacation during the same week(s) year after year is limiting. This con is not strictly true as nowadays you do not have to buy a fixed week timeshare and can opt for a points system like Villa Preferred Access, which allows you to choose your dates, and even split your weeks for two different vacations in two different destinations in one year.
On the other hand, for some people, buying a fixed week is a pro for various reasons. Firstly, if you have Christmas week or spring break as your fixed week, you are always guaranteed the dates that you want and do not have to battle with reservations, you can also book your flights way in advance and thus reap the benefits of cheaper plane tickets. On a different note, fixed week owners often like to be at the resort during the same week so as to catch up with their fixed week timeshare neighbors.
Destinations
A clear pro of buying a timeshare unit from Villagroup is the guaranteed excellence of the destinations chosen. Timeshare companies with extensive experience in the field are experts at choosing first rate destinations for their timeshare resorts as well as great locations within the chosen destination. Therefore, you can trust the experience of the timeshare company to offer a great resorts in a locations where it is convenient to enjoy all that the destinations have to offer. The resorts selected by Villagroup are also the kinds of places that are in constant growth and so there is always something new for you to see and experience – you could easily return to the same destination each year and never get bored. In addition, as a Villagroup vacation owner, you have the opportunity to exchange your unit for other destinations served by the timeshare chain in accordance with your membership status.
One thought on “The Pros and Cons of Timeshare Ownership”
Over the last years, and due to the increasing number of complaints and scams perpetuated in the industry, timeshares are often related to touristic frauds. Unlike traditional rentals or hotel reservations, where the customer has the option to choose where to stay at and how much to pay, timeshares require a big initial payment.