Timeshares are definitely not a financial investment.
As in a timeshare owner will never see a return of any sort on their timeshare property.
However a timeshare can certainly be a personal investment.
There are many people out there who just cant seem to get themselves to get away because of the commitments they have at work or home.
These people tend to like timeshares because it forces them to get away every year because you have to pay your maintenance fees every single year and it keeps you thinking about how you need to take a vacation.
There are also a lot of owners out there who are perfectly satisfied with their timeshare experiences, currently anyways.
The problem is, regardless of why a person likes their timeshare or finds it to be a great personal investment, it is always a temporary feeling.
When it comes to a contract the goes on forever and you can't get out of it by selling (because there is NO resale market), it's only a matter of time before maintenance fees get really high and special assessments get billed or weeks go unused.
The truth about timeshares is that they go on forever...
as in, if you pass away, it gets passed down to your heirs, successors, and assigns whether they want it or not.
Just like any piece of real estate or property.
Many people ask how a one weeks vacation at a resort can be deeded as property.
It doesn't seem like it should be legal but it is and because of that it gets passed on to our family regardless of whether they want it or not.