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What is a Timeshare?

The term "timeshare" refers to a specific type of ownership wherein the ownership of a property is divided amongst multiple owners throughout a year.

In essence, these multiple owners share the property based on time.

Typically, timeshare properties come in the style of condominiums that feature resort amenities and are located in or around popular vacation destinations.

Comparable vacation condos price many people out of the market and are also left empty for most of the year.

Timeshares are an affordable solution for those looking to secure access to a resort-style property on a regular basis.

Fixed Week & Floating Week

Timeshares cost a fraction of comparable properties and time is divided by one of two ways - fixed week or floating week.

Fixed week timeshares allow for owners to stay at their property during a specified week (or weeks) each year.

With floating week timeshares, owners can choose a week (or weeks) within a given time frame each year.

Whether a timeshare is floating or fixed is determined at the time it is purchased.

Maintenance Fees

Other than the initial purchase price, timeshare owners will only have to pay maintenance fees.

These are typically charged on an annual basis and fund regular maintenance and upkeep up both the property and the community amenities.

Over time, timeshare owners can enjoy significant savings in comparison to vacation hotel stays.

In a nutshell, timeshares offer the opportunity to fractionally own a high-quality resort property at an affordable price.

Take advantage of one our Disney vacation packages to learn more about timesharing.