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How Much IS MY TIMESHARE WORTH?
How much your timeshare is worth depends very much on;
The Resort (slight pause) Size of unit
the Week or season in which you own. And, of course, how much a potential purchaser
is willing to pay.
Timeshares are not a financial investment. Whilst, the right product can save holidaymakers
a great deal of money when comparing like-for-like costs, timeshares are not comparable to property
investments such as your house or home.
In the vast majority of cases, timeshares will be worth much less than the original
price charged by the developer or resort. This is because in general, marketing costs
make up a huge percentage of the final price paid and may even well-exceed the original
construction costs of the timeshare property.
If you originally purchased your timeshare as a resale and are now looking to sell, we
would hope any losses would be far narrower and limited to the cost of transferring the
timeshare along with any legal and administration fees.
Setting a realistic price for your timeshare is crucial if you are really serious about
selling it. We would suggest that you take a look at our website and see how other timeshares
at the same resort are priced.
Whilst not always the case, you may well notice large variation in the prices listed since
individual circumstances tend to heavily influence the price being asked.
Motivated sellers are likely to price their timeshares lower to generate more interest
and hopefully sell ahead of more expensive products at the same resort or club.
For the best advice on how to price your timeshare, visit our website at www.timeshare-hypermarket.com
or speak with our registrations team on 01202 544 871