1. Where is time share properties located?

Many time share properties are located in Egypt; The United States comes in second place. Other locations include Canada, Caribbean, South Africa, Central and South America, Mexico, Europe, the Asian Pacific region, and Australia.

2. What is the reason for buying time shares?

It gives you a special right to enjoy ownership at a particular time share resort throughout a specific week each year. The resorts are more luxurious than hotels providing a wide range of luxury amenities and services. Non-travelers also buy time shares to resell them in order to make a profit. It can serve as a holiday vacation package and real estate asset.

3. What are the forms of ownership in time shares?

There are two types of time share ownership: fee-simple and right-to-use. Fee-simple ownership is similar to owning your home and you will receive a deed to the time share. Right-to-use ownership gives the individual a right to own a time share for a specified number of years. Other types of time shares are fixed week, floating time, right-to-use, and points club.

4. What are the factors affecting the cost of time shares?

Prices are mainly determined by location, size of the accommodation, and the season. Along with a one-time purchase price, time share owners share maintenance fees, management fees, and costs to upkeep common areas such as tennis courts and pools.

5. What are the factors to keep in mind when purchasing time shares?

Location, price, lifestyle, flexibility, and recreational preferences are important. Other factors to consider are your ownership rights, maintenance fees, and how the time share is managed. Try to buy time shares through a licensed real estate broker.