Timeshare

Timeshare can be defined as the purchase of a holiday accommodation divided into one- or two-week periods. Each period is sold separately. This system is very cost-effective as the cost is shared between several proprietors (up to 52) although the purchase value of the apartment is higher in peak season. There are many economic benefits in the timeshare industry as the system increases the utilisation of a property considerably and the management of timeshare blocks creates many permanent jobs.