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Just like any other purchase, timeshares are not for everyone; however for the vast majority of people interested in buying a timeshare, it can be an extremely beneficial way to enjoy great accommodations each year in your favorite vacation spot. Here are some pros and cons on timeshare property ownership.

If you and your family take a vacation each year in the same location you can easily benefit from a timeshare property. Timeshare properties make it easy to enjoy luxury accommodations year after year without having to spend time at expensive hotels or sub par motels with no amenities. Timeshare properties are the best way to spend a vacation with your family or friends, timeshares come in many sizes such as one bedroom apartments, perfect for just you and your spouse, or three bedroom homes with a patio, lounge area and many bathrooms. Timeshares are the perfect way to lodge when away from home at your favorite vacation destination.

If you don't take a vacation each year or if you vacation some where different year after year, timeshares are probably not for you. There are timeshares that allow you to swap with another family, but if you don't take a regular vacation or stay close to home for your vacation, timeshares are probably not practical for your situation.

Timeshares are also a good way to save money on your lodging expenses. Why pay hundreds of dollars a day for you and your family to spend a night in a hotel or even a motel when you can spend less with a timeshare property and have much more space and all be under one roof. Motels and hotels are impersonal and do not have the amenities that larger families need. With a timeshare, you can choose a property size that is right for you as well as have access to leisure activities on the site in most cases.

It is also important to note that timeshare properties are self catered. Meaning if you like traveling for the sole reason of room service, you will not have that service at a timeshare property. For people with large families or for people that enjoy home cooking, having a kitchen in your timeshare property will not only save money but allow you to eat the food that you like instead of fast food or at a restaurant.

Just like every other purchase, it is important to do your research and make sure the accommodations, amenities and property cost and yearly fee is right for you. While the vast majority of time share property owners are extremely satisfied, some timeshare owners that buy a timeshare without doing research on the area or value of the property can become dissatisfied.

If you are interested in timeshare property ownership, make sure you do your research and weigh the pros and cons to make sure you will be happy with your property.