Vacation Ownership

Vacation ownership, commonly known as timeshare, is a real estate model where multiple buyers collectively own a share of a vacation property. Each owner is granted the right to use the property for a specific period each year. This arrangement allows individuals to enjoy a holiday home without the full financial responsibility of purchasing and maintaining it alone. Owners typically pay an initial purchase price and annual maintenance fees. Vacation ownership can offer flexibility in choosing destinations and accommodation types, making it an appealing option for those who travel regularly.