If you have ever felt that tug at your heartstrings that makes you yearn to explore the globe but don’t feel like you have the time or budget, you may want to consider timeshare travel. Timeshare resorts offer vacationing families the ability to prepay for their annual accommodations at today’s rates, eliminating the stress of planning ahead and budgeting for inflated hotel prices that can change from one season to the next. They also typically have more spacious and luxurious living areas than hotels, making them a great home away from home for your family.
Timeshare travel has become a popular option for those who want to experience the best of both worlds when it comes to vacationing. It allows for a more affordable way to vacation and still provides upscale amenities like pools, fitness centers, spas, restaurants and scheduled activities for families. In addition, many resorts are located near top tourist destinations that have the most appeal to today’s travelers. For example, Westgate Resorts boasts more than 400,000 owners who enjoy their beautiful resort villas in Orlando near Disney, Las Vegas, Branson, Myrtle Beach and other top vacation spots across the country.
There are two main types of timeshare contracts. The first, a deeded contract, grants you ownership of property at the specific resort you purchased a week at each year. You can transfer or gift this right to use the property to others. The other type of contract is a leased or right-to-use agreement where you purchase the right to visit a resort in a specific time period but can trade your weeks or points with other resorts through an exchange network.
Both types of contracts can be found directly through a resort or at resales, and they come at different price points. New or resale, the price will be determined by location and size of resort, week(s) and seasons chosen, fees for maintenance and more.
Another factor that can impact the cost of a timeshare is whether you buy name brand or non-name brand and if you purchase a resort where you will be traveling regularly. Name brands can have exchange options with other resorts across the world, which will increase the value of your purchase.
When you decide to purchase a timeshare, it is important to remember that your investment will be based on the value of your experience. Purchasing a timeshare that aligns with your vacation habits and priorities is the key to success. If you’re unsure about buying, try a day pass for a resort or beach club and see how the product matches your needs. Then you can decide if it’s worth your while to make that long-term commitment.