FAQs

1. Are vacation ownerships good investments?

Vacation ownership is not a form of property speculation. It is actually an excellent investment in leisure and your lifestyle that promises you wonderful holiday accommodations and amenities for the years to come. In the mean time, vacation ownership generates an income to the buyers when joining the Rental program arranged by the property management and/or lending their units to friends and family.

2. What are the management fees (Maintenance Fees) and why should I pay it?

Maintenance fees are collected by the resort management to help maintain the property, settle bills for insurance, utilities, refurbishing, cleaning and unit maintenance. These fees may vary from the type and size of the unit you have invested in. Failure to meet your obligations can result in losing your ownership.

3. What are the things I can do with my vacation ownership package? Can I pass on the privileges to my relatives or friends?

Your ownership is just like any property you have acquired and will be part of your estate, so you can bequeath it to whomever you wish. You can use it personally, pass it on to friends and family, or rent it. It can be exchanged for other luxury resorts around the world through Interval International (II) – The Quality Vacation Exchange Network

4. What is a Fixed Timeshare Weeks and how do I schedule it?

A fixed week is a set or appointed week during a regular calendar year that is allotted to owners of vacation ownership packages. Different resorts use different calendars. Ownership of a fixed week allows you the use of the unit for that specific week annually for as long as you own a vacation ownership package. Normally, the week allocation is for inventory control purposes and vacation owners can exchange their week number(s) within the same ownership seasonality in same unit type purchased subject to availability.

5. Can I resell my timeshare property rights?

One advantage to owning a vacation ownership package is that you can resell the rights to the property should you want to do so in the near future. However, you will have to check with the managing resort if they can help you with the resale as some resorts can assist you with the process. Nevertheless, maintaining a good and sound record of your payments avoids repossession.