Rent a Timeshare in Aruba【 GREAT DEALS 】Rent By Owner™ (2024)

FAQs

Can you rent a timeshare without owning? ›

Absolutely! Many owners rent out their weeks. You can start by checking with mexicondo.com. They have units available on there plus on their main page they have the layouts of each of the resorts so that you can see where the unit is located.

A frequently asked question by timeshare owners is, “can I rent out my timeshare?” The answer is generally yes. Most timeshare owners can safely rent out their weeks or points by using a marketplace such as Timeshares Only.

Aruba is the timeshare capital of the Caribbean, featuring 13 incredible properties.

Palm Beach is the most popular tourist destination in Aruba. Perfect for those looking for a night out, this seaside community is also ideal for families and travellers with small children. Home to many of Aruba's top resorts, this area boasts a number of family-friendly attractions.

A timeshare is a collective model of vacation real estate in which multiple buyers own or lease allotments of usage, typically in one-week increments, for the same property. The timeshare model is used for many different properties, with units offered in vacation resorts, condominiums, apartments, and campgrounds.

Costs vary based on the size of the vacation home and duration of the stay. According to Hilton, the average purchase price for a new buyer is roughly $22,000. ARDA says the average cost of a timeshare that a buyer can use for one week a year is $24,140. But that's just to buy in.

In fact, Dave Ramsey says that 85% of timeshare owners end up regretting their decision.

The timeshare industry is valued at more than $10 billion. But one study found that as many as 85% of buyers regret their purchase. Many owners turn to the resale market to get out of their agreements, but even the most coveted properties lose value after signing.

Consider renting out your timeshare.

If owning a timeshare is appealing, you can rent out your weeks to make some of your money back, or even a little extra. The average timeshare occupancy rate is about 80 percent compared to the hotel occupancy rate of 64 percent, according to an AIF report.

ARDA Estimates of Annual Timeshare Maintenance Fees ARDA has published figures estimating the average timeshare maintenance fees across various companies. ARDA estimates that the average fees for a studio run $640 per year. A timeshare with three bedrooms or more is estimated to have an annual fee amount of $1290.

What is the average cost of a timeshare? ›

Use our guide below to see the costs typically associated with buying a timeshare. According to the American Resort Development Association (ARDA), the average cost for a timeshare interval was $23,940 in 2022. This number is the upfront cost for a timeshare and doesn't include associated fees you'll pay each year.

The current name of the hotel that was once the Wyndham is the all-inclusive Riu Antillas.

Other popular destinations on the northwestern half of Aruba include Palm Beach, which is the center of the island's nightlife, and Eagle Beach, one of the best sandy beaches in the entire Caribbean. If you're hoping to find a more “local” vibe on your trip, then the southeastern half of Aruba is the spot for you.

What part of Aruba is most popular? The northwest coast of the island, particularly the region near Palm Beach and Eagle Beach, is the most visited area of Aruba. This region is renowned for its stunning beaches, clear waters, and opulent resorts.

Renting out your timeshare on Airbnb can potentially generate extra income and help you mitigate the costs of ownership. Still, several factors should be considered before jumping into such a venture. Find out if your timeshare company and the area where it's located allow subletting and vacation rentals.

A timeshare is a type of vacation property with a shared ownership model. With a typical timeshare, you share the cost of the property with other buyers, and in return, you receive a guaranteed amount of time at the property each year.

A timeshare can be owned either as a real property interest (represented by a real estate deed) or as a personal property interest (represented by timeshare “points” or units in an entity that owns the property). The ownership characteristics greatly affect how a timeshare should be handled at the death of its owner.

Inflexibility: You can't just pick up and visit whenever you want. Timeshares operate under strict schedules. You may not be able to ever change the week you go on vacation unless your timeshare operates under a floating schedule.