Tag archives for real estate
Now business tycoons and rich people are extensively investing in timeshare and it’s is a different kind of real-estate purchase. People have to invest in or have to buy some stake in the property instead of paying full price for the property. And the persons who bought the shares can use the property for a certain period of time every year. That’s why people are investing in vacation resorts and to enjoy family vacations and other celebrations.
It is known that 4.4 million US households owned on or more weekly-interval timeshares in 2007. Time shares allow individuals to enjoy vacation resorts without owning or renting one for long term. it is known that Mexico holds 40% of all timeshare resorts globally.
We can observe people are investing in majority of timeshares in vacation hotspots like Florida, Colorado and Mexico.