Timeshare Buying Tips

Timeshare offers a superb holiday choice for thousands across Europe and these tips are provided to ensure that you are as well informed as possible when considering a timeshare purchase:

 

 

– Do your homework and make sure that timeshare is right for you

– Visit a timeshare resort – many developers offer value priced ‘inspection visits’ to give you the chance to try before you buy

– Is the resort a member of the industry trade body, Resort Development Organisation? Its members sign up to the RDO code of ethics

– Check the paperwork carefully. Your contract will be accompanied by a document which sets out your rights and obligations including details of the annual maintenance fee, the mandatory 14 day cooling off period, the way the management of the resort is arranged, a description of the resort and its facilities and whether there is an elected owners committee

– Make sure that any promises made to you at the point of sale are included in the purchase documentation

– Timeshare is not a financial investment – you are buying future holidays at today’s prices rather than a property based investment

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