Timeshare Maintenance Fees

Maintenance fees get a lot of bad press and so it is worth clarifying what they actually cover and their purpose.

Firstly, maintenance fees make it easier for the owner. If you had opted for full ownership you would have to organize your own maintenance. By buying a timeshare, you divide the costs of maintaining your property and avoid the hassle of contracting personnel, which can be very tricky in a foreign country where you don’t speak the language.

Maintenance fees also protect your investment by repairing any damages incurred by yourself of other owners, preventing wear and tear and the general decline of your property. Within your particular timeshare unit, a percentage of the fees will cover the replacement of utensils, appliances and furniture to guarantee that when you arrive, your apartment is a wonderful as the day you bought it. In addition, your maintenance fees cover the costs of the upkeep of common areas such as the pool, spa, club house etc.

A common complaint is that maintenance fees increase; however, with a little logic one can see that such increases are inevitable in accordance with inflation, cost of manpower and the kinds of repairs that will need to be made as a property gets older. Reputable companies will maintain the increases at a reasonable level, but many new companies have been criticized for high increases.

Finally, never stop paying your maintenance fees. As they are a legal requirement implemented to protect all owners, you may face prosecution if you were to simply stop paying your maintenance fees. Similarly, you would not be able to access your property and would lose out on your original investment. If you can no longer visit your timeshare, you would be better off renting or lending your timeshare to people you know than breaching your contract.

TIMESHARE TRUTH

Top 10 Best Romantic Destinations

So where are the best places to visit to get those love juices flowing or to spend the honeymoon of a lifetime? While everyone has their own idea of true romance, take a look at the selection of 10 best romantic destinations below to see what tickles your fancy!

1. Venice

Imagine gliding down its quaint canals serenaded by a gondolier, Venice certainly has what it takes to be amongst the top romantic destinations.

2. Fjords in Norway

A magical and extraordinary experience, the Fjords are salt water inlets carved over the millennia into the landscape by glaciers and tides. Cruising through the Fjords has to be one of the most intimate vacations.

3. Paris

The City of love still draws thousands of romantics and lovers to its streets. A passionate embrace under the Eiffel Tower or a moonlit serenade by the River Seine, and you will feel like the star of your own chic flick.

4. Puerto Vallarta

A Mexican hidden gem, the cobblestone streets of Puerto Vallarta entice romantics and adventurers of all ages looking for reminders of Elizabeth Taylor and Richard Burton’s love affair that blossomed here in the 1960s.

5. Edinburgh

The home of whisky and bagpipes, the Scottish capital city is also a cozy retreat for lovebirds and honeymooners. With its narrow pub-lined streets and cultural sights, it is a unique destination for lovers looking for something different.

6. Fiji

A tropical haven, the Fiji islands is a place to pampered and spoilt, letting nothing come between you and your loved one. Your days here will merge into one idyllic daydream.

7. Cabo San Lucas

The exclusive Mexican vacation destination at the tip of the Baja California Peninsula provides an idyllic tropical desert getaway with amazing beaches and fine dining.

8. Banff National Park

High in the Canadian Rocky Mountains, Banff National Park is a spectacular destination that offers stunning views, great food and first class romance.

9. Seychelles

The jewels of the Indian Ocean, this cluster of islands is a haven akin to the Garden of Eden. You will be hard pushed to leave its white sandy beaches and luscious landscape – the perfect honeymoon location.

10. Buenos Aires

Perhaps more passionate than romantic, the city of tango has a lot to attract lovers and those on their honeymoon.

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Timeshare: Top 10 Tips

Timeshare receives a lot of negative press, however there are ways to ensure your timeshare experience is a great one. Take a look at the top 10 tips below that could save you money and avoid a timeshare nightmare or scam.

1 – Make sure you really like the destination

Even though most timeshare resorts are situated in great locations, you need to make sure that the timeshare destination you are buying in is somewhere you would like to return to regularly, and a place that you could easily rent, should you wish to make a profit on your timeshare later.

2 – Be clear about what you are looking for

Although it might appear obvious, be sure about what you want from you vacations with the seller. The timeshare closer might well be able to tailor a special plan for you.

3 – Research the timeshare operator

Most timeshare companies are the real deal but there are some that give the industry a bad name. To avoid a timeshare scam, it only takes a couple of minutes to check on the internet to make sure that the timeshare company you are buying from is trustworthy.

4 – Buy from long standing timeshare companies

Timeshare developers like Villa Group that have many years experience in the business ensure a great investment as they know a great location when they see one and are also experts in developing resorts that are popular, making your timeshare easy to rent or sell for profit.

5- Maintenance Fees

Find out about maintenance fees before buying and budget any increases into your figures. Like any property, your maintenance fees are there to protect your investment and make sure that your timeshare is in perfect condition when you arrive.

6 – Beware Resale Scams

Avoid any agents that approach you about selling your timeshare; they might say they have a buyer and then charge you a joining fee before all of a sudden the buyer pulls out. If you decide to cash in on your investment and sell your timeshare, always look for a recommended estate agent, or see about an upgrade from the original timeshare operator.

7 – Do the math

Be honest with yourself and the timeshare seller about how much you can spend and afford to pay in the future. Most sellers can come up with a unit to suit your budget leaving room for an upgrade once your finances improve.

8 – Be careful when buying unfinished properties

If you are thinking about buying a timeshare in a resort that is not yet built, make sure you only do so with an established company like Villa Group, especially in a foreign country.

9 – Decide between fixed week or points scheme

Before choosing your timeshare, think about whether you want to return to the same destination every year, or if you want to visit different places every time. Timeshare fixed week is perfect if you have limited set vacation time, while points schemes allow you to pick an choose with more flexibility.

10 – Be informed and ask questions

Ask as many questions as possible during the presentation to clear any doubts. This will help you decide if you want to buy a timeshare and also help the seller find a deal that will suit you.

TIMESHARE REVIEWS