Time Share Advice Home
Welcome to timeshareadvice.com.au – an online portal that has been put up with the intention of providing you all that you ever wanted to know about Time Shares. We would discussing this in the Australian perspective and discuss about share trading in the country’s specific context. Time share would technically mean the part-time ownership of a property or in other words a short term ownership agreement that you sign upon over a property. In most cases the property under discussions would be vacation properties like resorts, etc. So in this concept the cost, utility and benefit of running such a business would be the responsibility of the time share owners of the property. Over the years the concept has been used for the ownership of boats, yachts, small cruisers etc. Basically a time share scheme would be used where the capital invested is high and the uncertainty factor is equally high. If your time share is offshore and you are planning on visiting it regulary it may make sense to take out annual travel insurance as a more cost effective form of holiday cover.
Time share was one of the innovative business models ever to have come out of Europe. This concept run on a simple logic- instead of leasing out a property to a customer, sell it to him or her on a temporary basis. Mostly the application of this concept or business model is seen in resorts motorboats, cruises etc. The whole concept had its origin in Europe in the early sixties when a French hotel owner decided to sell his rooms to the customer instead of renting it out. So customer was not asked to drive in and rent it, instead the ad went like this “drive in and buy this hotel”. This idea clicked and increased the hotel occupancy for the owner. Moreover it also helped him overcome a redundant crisis, the one of in - occupancy during off seasons. Very soon, businessmen in and around Europe appreciated and adopted this model into their individual enterprises.
This website would clarify all your apprehensions regarding investing into time shares and for the ease of reading we have subdivided the website into four sections excluding this index page. You could go through all these sections wherein we discuss more intricate details like taxation policies and their impact on time share owners etc.