Owners share the use and the cost of upkeep of their unit, and the common grounds of the resort property. This pays for upkeep of the resort on such things as entertainment, reception and cleaning staff, grounds, local rates and such. Accommodation is usually available in units of one week for up to six people, but some resorts have units that can accommodate more or less. The unit is normally secured in Trust for the owner s long-term security. Failure by the purchaser to keep up on the maintenance payments can result in forfeiture of the right to use agreement.
Vacation ownership is a great way to secure an excellent standard of annual holiday accommodation.
There is no room service to pay at the end of the holiday. The rooms are apartments, or even homes, rather than a bed and a bathroom. There are no occupancy taxes unlike some hotels. You can rent your apartment if you choose not to use it. You can sell your interest on when you no longer want to use it.