Most people are not aware that they can rent their timeshare during those times when they are unable to use their unit. The most important thing to remember is that the primary reason for purchasing a timeshare should be that you wish to use it yourself, otherwise you will fall into the trap of false hopes.
Renting your timeshare can be a great way to help pay for your timeshare investment but it should not be seen as a money making venture. Renting your timeshare will help cover your costs and maybe even give you some spare cash too, but the truth about renting timeshare is that you are not going to be the next Donald Trump!
Renting your timeshare points or timeshare week is relatively easy and you will find that timeshare properties are desirable. The advantages of choosing to rent a timeshare property lie in the fact that the units are much bigger than standard rooms and many have full kitchens. This makes it easy to market your timeshare for rental.
How to Rent your Timeshare
To make the most money from your rental, you should try and rent it privately. You can do so using free on line rental websites or through your local newspaper. Another alternative is to use a rental agent to represent your unit. Most timeshare operators offer the service to rent your timeshare if you so wish, although both rental agents and timeshare operators will charge a commission fee.
Timeshare owners also have the option of banking their timeshare points with the timeshare operator or vacation club. In this way, rather than renting your timeshare when you cannot use it, you can save the points for another year.
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Renting property for vacation purposes is very easy and is particularly effective when traveling with larger groups or when you want a specific kind of experience. Vacation rentals come in many forms from villas and mansions to condos and studios. Anyone can rent their property so long as someone wants to stay in it and it complies with all the things that it says it has when advertised.
If you are a property owner and wish to rent your home while you are not staying there or you have various properties that you rent for profit, there are a number of ways you can find good reliable renters for your vacation rental.
Resort Administered Vacation Rentals
Fractional or timeshare owners are best advised to rent their timeshare or vacation property through the resort administration for ease and efficiency. However, the downside to this service is that resorts and hotels usually take a large commission, sometimes up to 50% of the cost of rentals. Nevertheless, if you are hoping to offset the cost of your own maintenance fees while you are not staying in your apartment or villa then this can be a good option.
Rent By Owner Vacation Rentals
The most profitable way to rent your property is to market your own property to renters. However, this takes a lot of work and know-how. If you do not have any experience in vacation rentals or marketing, then you may not be as successful as you envisioned. The profit margin is much higher as you do not have to pay agency fees and commissions but you may find that it is more work than its worth.
Agency Vacation Rentals
The most popular form of vacation rentals is through and agency. Many renters like the idea and security of renting through an agency who will also act as their contact in a foreign country. Like dealing with resort administrators, renters have more protection. Agencies will, however, charge a commission, which will take a cut of your profit. The other benefit of agency vacation rentals is that you benefit from their advertising budget and marketing know-how.
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Cancun is a highly sought after destination for timeshare and it has a following in both North American as well as Europe thanks to its impressive links to cities all over the world. Indeed, Cancun Airport’s international status is a highly appropriate title. Consequently, arriving to Cancun by air is relatively cheap by most standards and goes a long way to helping you decide to choose Cancun as the destination for your vacation home.
Villa del Palmar Cancun Timeshare
Villa del Palmar Cancun is one of the newest additions to the area and to the impressive repertoire of luxury resorts developed by the long standing timeshare company, The Villa Group. With close to three decades building resorts and timeshare facilities, it is no wonder that Villagroup continues to attract new timeshare owners as well as repeat hotel guests.
Villa del Palmar Cancun is more than a timeshare, it provides membership to an exclusive club of hotels throughout Mexico, including destinations such as Cabo San Lucas, Puerto Vallarta and Riviera Nayarit and Loreto. As a vacation owner at Villa del Palmar Cancun, you are privy to many membership privileges as well as assurance of superb quality.
What does Villa del Palmar Cancun have to offer timeshare owners?
The most obvious credit to Villa del Palmar Cancun are the resort installations, with 5 large swimming pools, including an adult only infinity pool as well as a children’s pool next to the Kids’ Club. The spa is also an aspect of Villa del Palmar Cancun most commonly praised by timeshare owners. The Village spa is set amidst a enclave of palm trees and each therapy room is a luxury wood cabin where you are greeted by a Mayan foot ritual. Members also receive preferential discounts at the spa.
And if the stunning resort complex architecture wasn’t enough to get you running for your credit card to buy a timeshare then a meal in each of the resort’s restaurants will leave you sure that a Villa del Palmar Cancun timeshare is for you. The timeshare resort has 4 gourmet restaurants, each serving different types of food from Mediterranean dishes to Japanese sushi. The decoration of each of Villa del Palmar’s restaurants is also highly attractive and you will feel like you are dining in a different country every night. In addition, there is a poolside snack bar with an extensive menu as well as three bars serving cocktails and soft drinks.
All Inclusive Timeshare
Villa del Palmar Cancun offers both all inclusive plans as well as European room only plans, which means that as timeshare owners you can choose what suits you or even opt for a combination of both. You can use your suite to prepare meals, eat at the restaurants and pay as you go or purchase an optional all inclusive meal plan for a minimum of three days. The choice is yours.
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One of the great benefits of owning a timeshare unit is the large size of the accommodations, not to mention the great resorts and destinations where these units are located. As non timeshare owners you can benefit from the great advantages of timeshare ownership without having to buy a timeshare. Renting direct from timeshare owners is a wonderful alternative to buying.
Benefits of Timeshare Rental
Renting a timeshare is perfect if you are undecided about whether to make the leap and become a full member. Renting from a current timeshare owner gives you the chance to try out the facilities and experience the benefits of vacation ownership.
Timeshare accommodations have a reputation for being much larger than standard hotel rooms and many come with full kitchens and separate bedrooms. Therefore, it is like renting an apartment on the site of a fully serviced hotel or resort. You enjoy the privacy and autonomy of a rental property with all the luxuries on offer to members at the resort. For example, timeshare resorts commonly have a range of restaurants, pools, spa services and fitness facilities that can be used by timeshare owners as well as their renters.
Benefits of Renting a Timeshare Direct From Owner
You can make great savings on agency fees, bringing down the cost of your vacation accommodation. You can also arrange a regular rental with the same owner if the resort and unit is to your liking. Another benefit of renting from the timeshare owner is that you usually get a quicker response than working through a middleman as the owner will be able to answer all of your questions directly.
Disadvantages of Timeshare Rental
As opposed to becoming a timeshare member yourself, the disadvantages of renting a timeshare is that you do not receive any of the members’ discounts and extra benefits like early check in and late check out, complimentary activities and so on. You simply rent the unit as a guest rather than a member.
Disadvantages of Renting a Timeshare Direct from Owner
When you rent direct with the owner, there is usually no one to act on your behalf in the destination where you are renting the timeshare. Agencies usually have someone in the destination to deal with any issues. The other concern is being able to verify that the accommodation is legitimate, although with timeshare this is easier to check by contacting the timeshare operator.
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You may have seen this great offer for all inclusive accommodation in Cancun for just $249 and are wondering if it is the real deal. Discount Vacation Hotels is a reputable vacation accommodation agent specialized in accommodation in Mexico and this unbeatable price is indeed legitimate and available to reserve today.
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The Discount Vacation Hotels website has a toll free number you can call to make reservations and then confirm your dates at a later time. The number you should call to reserve your cheap all inclusive Cancun package is 1-877-606-0014.
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