Timeshare is a form of shared property ownership mainly within the vacation and condominium industry whereby many owners buy ‘time allotments’ in holiday property throughout the year. The price of the ‘time allotment’ or ‘timeshare’ depends on certain factors.
Financial Logic – Holidays are one of the most expensive hobbies. An average couple or family will spend over millions of rand on holidays in their life. See the below benefits:
Besides the payment of your investment there are annual levy’s which must be paid. These levies are cover the operating expenses such as electricity, maintenance…etc. Once you have paid off your full investment the only annual payment will be this small levy.
You will be invited to annual general meeting whereby you and all members are allowed to give input as to what you feel needs to be changed, or amended or any fees you want raised or altered.
Gooderson is affiliated with most exchange organisations giving you holiday’s access in over 4000 resorts globally!
When you would like to exchange your holiday for an international destination you only pay a small exchange fee.