What is Timeshare?

The concept of a timeshare is to buy the annual use of high-standard holiday accommodation. You specify the time of year and the apartment at any given timeshare resort and that property can be yours exclusively each year, either for a fixed time or in perpetuity. The majority of timeshare resorts offer extensive leisure facilities, health and golf clubs, restaurants, bars and activity programmes.The timeshare resort you choose can be as diverse as a country retreat, a seaside village or a historic city.You can also choose to "deposit" your timeshare week in a vast computer bank to exchange with other timeshare owners via the exchange organisations such as RCI, Interval International or dialanexchange.com that your timeshare resort is affiliated to.

 

Timeshare resorts are located in over 90 countries, 4 million families benefit from this flexible and economical way of fulfilling their holiday dreams. Other costs?Some exchange companies are free to join, others charge a yearly membership fee. If you decide to enjoy a different holiday in another part of the world every year you pay an exchange fee ranging from £69 to £125 per week of ownership. An annual maintenance fee is ascribed according to the size of your apartment and specific resort. In addition, if you are travelling abroad you pay for your flights, car hire, and insurance. With Aberfoyle Holidays a holiday for life can cost you as little as a single package holiday, and your initial investment can be recovered in 3 to 5 years.

 

What is the difference between timeshare resale's and purchasing timeshare weeks from timeshare resorts?

Nothing, except the price. Timeshare resale's will still retain the same high standards as the timeshare resorts weeks. A proportion of all maintenance fees are set aside to cover refurbishment and general upgrading. All apartments on a resort have to reach a certain standard to achieve the accolades awarded by exchange companies. Timeshare resale's are available from Aberfoyle Holidays at a fraction of the price that timeshare resorts charge. It is always advisable to shop around when purchasing a timeshare as it is with any product or service. Remember, we are always here to help with any enquiry you may have regarding making a timeshare purchase. Even if it is a purchase you have already made.

 

What are my legal safeguards on buying or selling a timeshare when dealing with Aberfoyle Holidays?

When buying a timeshare resale through Aberfoyle Holidays you can be sure that you are in safe hands. All purchasers have an unconditional 14 day cooling off period, during which time they can pull out of the sale. If you are a timeshare purchaser or seller from outside the UK then we can arrange an escrow account until the sale is complete, for your peace of mind.


How long will it take to sell my timeshare week?

It could take just a few weeks to sell your timeshare. In other cases it may take longer, depending on the demand for your particular week or timeshare resort. You can often gain a quicker sale on your timeshare week by being realistic with your price.


How long will it take to purchase my timeshare once I have had an offer accepted?

Purchasing a timeshare can take anything from 2 weeks to 60 days to complete, depending on co-operation of the timeshare resorts themselves. Aberfoyle Holidays will ensure that all legal procedures are adhered. You will be informed about all of the procedures during the transaction and will only be asked to part with any funds when you feel happy.

 

Any more questions?

Please do not hesitate to contact us if you have more questions regarding buying or selling a timeshare. Even if it is just to find out about renting out your timeshare week, if you have decided not to bank it with RCI or one of the other exchange companies. We have many rental enquiries from around the world for timeshare rental availability.