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Holidays and investment at the same time?

  • 12 June at 17:06 - by EdiWalker - 554 views

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Hello to all users, I hope this message finds you well.

My name is Edi and I am writing to you because I would like to discuss something I have recently discovered. In one of the articles available on this website I read something about investing in real estate periods. How different is this from the timeshare system? What is your opinion on this matter? Is it truly possible to make a good investment and enjoy holidays at the same time?

Many thanks for your comments.

12 Answers

These are 2 different things.

Timeshare is just a membership you use to go back to same place every year on your week or points and if you are lucky you can exchange to another place at another time. Points are a bit more flexible but are expensive in maintenance fees.

Real estate periods offer the option to rent and get a good income. It’s a bit like condo hotel but much less expensive and more flexible and you can travel anywhere.

Yes we can have holidays at the same time that we are getting rent. We can holiday in lots of different places for small booking fees or access a private travel agency to go anywhere else at good prices. I had timeshare for years and changed to real estate periods 5 years ago. A whole different world…

13 June at 19:10 - by anne.kempton

Thanks for the info =)

14 June at 08:09 - by  EdiWalker

Anne I just read your post and it comes at the right moment! I would like to get rid of my old timeshare as it became too costly. How did you do to change to real estate periods?

15 June at 21:35 - by AaronDavis

Hi AaronDavis!

I see where you come from. I actually traded in the 2 weeks in Paradise Club that I had in Tenerife. It was a good option as it cost us less money.

18 June at 10:48 - by anne.kempton

Really? Where did you do that?

18 June at 16:07 - by AaronDavis

In Marbella back in 2013. If you are interested you can look at this thread: https://www.investorsworld.co.uk/real-estate/info-about-real-estate-periods/. I bought with global great hotels as well. Check them out https://www.globalgreathotels.co.uk/

18 June at 16:38 - by anne.kempton

Good to know! My membership is in Gran Canaria so I guess it could work for me too. I’ve sent them an email, we‘ll see what happens next.

19 June at 08:47 - by AaronDavis

I wondered if anyone had any advice: I emailed my timeshare company in Gran Canaria and they said I would not be able to give it back but that they could put it up for sale for me they have just emailed me now and said that there iss a buyer but its a lot less than what I paid for it 10 years ago indecision

01 July at 05:57 - by AaronDavis

Two things actually I would say are that I didn't deal with my old timeshare company, my new company did it for me and I got a really good deal when I joined Global Great Hotels and no hassle at all definitiely recommend.

01 July at 21:22 - by  EdiWalker

Really?  You got good money?

02 July at 11:31 - by AaronDavis

More than happy. But to be fair I don't think they are worth a great deal so if you have the chance of getting any money for it you'll be lucky. I wanted to stay in the holiday system so I joined GGH but it depends what you want to do.

03 July at 15:25 - by  EdiWalker

Ok thanks. yes

04 July at 08:42 - by AaronDavis
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