Why buy a holiday in a multiproperty

The timeshare (also known as "shared Holiday property") allows you to purchase the right to use, for a certain period of time (usually one or more weeks), a property at a vacation residence. Allows you to experience the best vacations in terms of flexibility and choice of destination, period and type of holiday to enjoy once at your destination.

Timeshare makes possible the ownership of a holiday home for millions of families who, otherwise, could not afford to buy a second home, or that maybe they don't want to invest such huge sums in buying a property in times of economic uncertainty like those current...

In addition, timeshare buyers are protected by stricter consumer protection legislation than any other customer. In 2011 it is a new European directive on timeshare has been approved, with the stricter controls and more precise regulations on how to sell the timeshare.

Among the many regulations in force to protect buyers of timeshare stand out the prohibition to accept any deposit and the obligation to allow buyers a period of withdrawal of 14 days during which may withdraw from the contract without any penalty or financial loss: no other commercial activity offers such a freedom of action.

You can buy in a fixed period of the year at a particular residence that You can visit each year in the same period

Customers often have a financial interest in the property and the trend current indicates that the values of the fractional properties follow the values of the property of the site

There is really a type of holiday and a time of year suitable for every need. The range of holiday properties ranges from residence to Aparthotel. Increasingly, the ownership of timeshare and fractional properties is offered to buyers of holiday properties owned entirely as an option for the enhancement of the investment. For example, some holiday homes are sold with predetermined rental programs managed by the administration company. These programs allow the owner to split the use of the property between personal use, deposit a few weeks that you do not want to use with a holiday exchange company such as RCI, Interval International or Dialanexchange (to take advantage of vacations in a wide selection of residences around the world) or by letting the unused weeks to get a share of the gain arising from the lease.

The residence rules provide further details on the rights and responsibilities of the owner in relation to his employment rights.

The management of Your residence
Residence can be managed by professional management companies or, in some cases, by the owners themselves, who appoint a committee of the owners to administer the management of the residence.

Cleaning costs, building maintenance, swimming pool cleaning, gardening, security, etc. of the residence (management fees) are divided among the owners. These expenses start from about €150 per year in a standard residence for the property of a week and increase in proportion to the quality of accommodation in the residence, the size and type/number of facilities that need maintenance on site for guests.
Many residences use quota payments to create a depreciation fund dedicated to major restructuring or renovation, usually with quinquennial plans, so that owners do not have to procure additional funds for substantial restructuring programs.

The fact that someone else has to deal with the maintenance and repair of the property is
PRICELESS

HOME AWAY FROM HOME

Usually, holiday-owned residences offer more spacious accommodation than hotels, offering a better holiday experience with many more facilities available on site for guests, including playgrounds and children's pools, various restaurants, wellness centres, gyms and much more.

The biggest advantage of owning a property in timeshare is the possibility of having a "home away from home" where to spend the holidays, but with a much lower exposure and financial risk, since the purchase price and management costs are only a fraction of the costs of a wholly owned property.

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