Do you folks consider timeshare as an investment or waste of money-not the points system but proper timeshare ?

An investment is something that either earns you money or you sell for a profit .......

Is it easy to sell timeshare?

Waste of time, money and energy. What tangible thing do you actually own?

Don't have, but from what I hear from friends/family who do, I will say it's a waste of time and money.

I wouldn't say it's an investment unless it's a Christmas / New Years or Easter week
Example people charge 40k for a week over New Years in umhlanga and they only paid 200k for it
So 5 years and the initial outlay is recouped by or maybe 6 if you consider the levy of about 9k a year
There are no other costs
And you own it for life

I have a non-peak week and it costs me way less to take the family on a great holiday then if I had to pay per night

Waste really!!

Well you really own a share of real estate. My time share is paid up. And I benefit from a two and a half week holiday at any of resorts listed. My favourite bring Ngwenya lodge... others are on the coast. I really think it is worth it. You know what you getting. Sure you must also pay a annual levy... but hell when you don't have to wash the dishes and bring extra towels etc.... its great.

So to answer your question: yes it is an investment.

On 2017-06-27 10:29:17 Cock007 said:
So to answer your question: yes it is an investment.

It's an investment in a yearly holiday that may be cheaper than paying for your holiday every year in the long run, as a money making investment, no it is not an investment, you could probably make more money putting the cash in the bank

Ps don't listen to timeshare salesman they are on par with the other human shit like 2nd hand car salesman and lawyers...