Timeshare Explained

5307 Bay Drive 12

What is timeshare?

Timeshare is a form of ownership or right to the use of a holiday property.

These properties are typically self catering accommodation units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time, typically one week, in which they may use the property.

The sizes range from studio units to up to 5 bedroom units.

You pay an initial purchase amount for the timeshare ownership after which you only pay a maintenance fee each year for the upkeep of the property
Club Mykonos 2 Top
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Why Choose Timeshare?

Timeshare accommodations are designed for space and comfort, which is key in creating a quality holiday experience. Owners have the use of a fully equipped kitchen, lounge, dining room and private bedrooms and bathrooms.

Home-like accommodation

Timeshare accommodations are designed for space and comfort, which is key in creating a quality holiday experience. Owners have the use of a fully equipped kitchen, lounge, dining room and private bedrooms and bathrooms.

On-site entertainment

Typical facilities in timeshare resorts include swimming pools, jacuzzi’s, day spa’s, waterslides, miniature golf, safari excursions, hiking and biking trails, fishing, tennis and squash courts, as well as restaurants, bars and convenience shops all located onsite.

Professionally managed properties

Reception desks, security, housekeeping and resort staff are always available to ensure that owners experience quality holidays.

Sought-after locations

Timeshare resorts are located in the most popular family-friendly holiday destinations in South Africa and abroad.

What do I get for my money?

You are investing in an exclusive timeshare property in a RCI affiliated holiday resort that is exchangeable worldwide.You have the choice of the size, location and grade of the property you invest in.

It is an investment in future holidays, not only for the fact that you will have a holiday every year, but you also have the option to sell your timeshare, or leave it to your children in your will. You can also let friends use your timeshare or you can rent out your week privately. There is no obligation to use your holiday at the resort that you purchase at. Most owners use it as a smart means of exchange to open the door to other exciting destinations.

As a timeshare owner you also do not have to exchange your 7 day week for another 7 day week or unit size. Via the exchange company’s points system, you could potentially exchange your week for multiple shorter breaks or different unit sizes, depending on the resort grading and provided you have sufficient points. Exchange options are: midweeks (4 nights) weekends (3 nights) and full weeks (7 nights).

Timeshare ownership will provide you with holiday accommodation for life, without escalating holiday accommodation costs each year, in perpetuity.

Fixed Week

In this model you own the same week every year at a specific resort.

Floating Week

This can be any week reserved for the owner during a certain season*

Flexi Week

Similar to floating week ownership, however with Flexi week you need to choose from a predetermined set of weeks within a particular season.

Fractional Ownership

Fractional ownership is split between fewer owners which allows owners longer and more frequent holidays throughout the year.
63%
Timeshare currently owns 63% of the beach apartments in Umhlanga
60%
60% of the accommodation in the Drakensberg is held by Timeshare
Our portfolio comprises around 10 000 homes and apartments
We partner with hospitality brands including Tsogo Sun/Southern Sun Resorts and Legacy Hotels and Resorts, amongst others.
Timeshare owners spend on average 6.5 more days on holiday than their non-owner counterparts.
90%
Resort occupancy all year-round is on average between 85% to 90% for beach properties
64%
64% of owners say timeshare has increased the amount of time they spend on holiday
70%
Inland resorts have an average 70% occupancy rate all year-round

What is timeshare?

Timeshare is a form of ownership or right to the use of a holiday property.

These properties are typically self catering accommodation units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time, typically one week, in which they may use the property.

The sizes range from studio units to up to 5 bedroom units.

You pay an initial purchase amount for the timeshare ownership after which you only pay a maintenance fee each year for the upkeep of the property

Why Choose Timeshare?

Timeshare accommodations are designed for space and comfort, which is key in creating a quality holiday experience. Owners have the use of a fully equipped kitchen, lounge, dining room and private bedrooms and bathrooms.

Home-like accommodation

Timeshare accommodations are designed for space and comfort, which is key in creating a quality holiday experience. Owners have the use of a fully equipped kitchen, lounge, dining room and private bedrooms and bathrooms.

On-site entertainment

 

Typical facilities in timeshare resorts include swimming pools, jacuzzi’s, day spa’s, waterslides, miniature golf, safari excursions, hiking and biking trails, fishing, tennis and squash courts, as well as restaurants, bars and convenience shops all located onsite.

Professionally managed properties

 

Reception desks, security, housekeeping and resort staff are always available to ensure that owners experience quality holidays.

Sought-after locations

 

Timeshare resorts are located in the most popular family-friendly holiday destinations in South Africa and abroad.

What do I get for my money?

You are investing in an exclusive timeshare property in a RCI affiliated holiday resort that is exchangeable worldwide.You have the choice of the size, location and grade of the property you invest in.

It is an investment in future holidays, not only for the fact that you will have a holiday every year, but you also have the option to sell your timeshare, or leave it to your children in your will. You can also let friends use your timeshare or you can rent out your week privately. There is no obligation to use your holiday at the resort that you purchase at. Most owners use it as a smart means of exchange to open the door to other exciting destinations.

As a timeshare owner you also do not have to exchange your 7 day week for another 7 day week or unit size. Via the exchange company’s points system, you could potentially exchange your week for multiple shorter breaks or different unit sizes, depending on the resort grading and provided you have sufficient points. Exchange options are: midweeks (4 nights) weekends (3 nights) and full weeks (7 nights).

Timeshare ownership will provide you with holiday accommodation for life, without escalating holiday accommodation costs each year, in perpetuity.

Fixed Week

 

In this model you own the same week every year at a specific resort.

Floating Week

 

This can be any week reserved for the owner during a certain season*

Flexi Week

 

Similar to floating week ownership, however with Flexi week you need to choose from a predetermined set of weeks within a particular season.

Fractional Ownership

 

Fractional ownership is split between fewer owners which allows owners longer and more frequent holidays throughout the year.

*Seasons are predefined as ranges of weeks (e.g. weeks 17-24) and vary from resort to resort.

63%

Timeshare currently owns 63% of the beach apartments in Umhlanga

60%

60% of the accommodation in the Drakensberg is held by Timeshare

0

Our portfolio comprises around 10 000 homes and apartments

We partner with hospitality brands including Tsogo Sun/Southern Sun Resorts and Legacy Hotels and Resorts, amongst others

Timeshare owners spend on average 6.5 more days on holiday than their non-owner counterparts

90%

Resort occupancy all year-round is on average between 85% to 90% for beach properties

64%

64% of owners say timeshare has increased the amount of time they spend on holiday

70%

Inland resorts have an average 70% occupancy rate all year-round