How Much Do Timeshares Cost?

If you’re an avid vacationer trying to figure out how much a timeshare is, we have you covered! Determining the price of a timeshare can be complex as it depends on numerous factors like location and unit size that differ from owner to owner. Another factor to consider when calculating a timeshare cost is whether you buy it from the resale market or directly from timeshare developers. Typically, buying from the resale market is cheaper and more affordable, and new owners can enjoy most, if not all, of the benefits as the original owner. So, continue reading to get the full scoop on “how much do timeshares cost,” so you can decide whether or not a timeshare is worth it for you and your family.

How Much Do Timeshares Cost?

The cost of a timeshare varies from owner to owner, so there is not an exact amount that will apply to everyone. However, according to a 2024 State of the Vacation Timeshare Industry report by the American Resort Development Association (ARDA), the timeshare average yearly cost in 2023 was $24,170. While this number may seem high, numerous factors play into this amount. So, let’s discover what they are.

What Determines How Much Timeshares Cost?

Vacation ownership costs can heavily rely on the specifics of the timeshare unit, the actual vacation property, the timeshare resort location, and more! Continue reading to learn more about the specifics.

How Much Do Timeshares Cost?: Cost Factors

Most timeshares are affiliated with vacation clubs, which can affect the price as most clubs require club fees for the upkeep of the resorts and amenities. In addition to club fees, the timeshare price depends on the resort location; for example, a timeshare in California could be more expensive than a timeshare in Tennessee. With this, the time of year the ownership is available can affect the price. If you were to travel in the primetime during holidays or the off-season, the prices could change drastically. Other factors that affect the timeshare price include:

You might be thinking, another fee! However, annual maintenance fees are critical to keeping your resort in top-notch shape. Continue reading to learn more about timeshare maintenance fees.

Annual Maintenance Fees Associated with Timeshare Costs

As a timeshare owner, you are required to pay your yearly maintenance fees for your vacation ownership. You may wonder, “Why do I have to pay annual maintenance fees?” That’s a valid question! Maintenance fees are critical to helping keep the resort in top-notch shape. If you want to return to a clean and renovated resort each year, you must pay your portion of the maintenance fees.

Furthermore, the yearly fees help cover property upkeep, business costs, utilities, staffing, property taxes, amenities, management fees, and more! So, in addition to the initial purchase price of the timeshare, according to the 2024 ARDA report stated above, the average maintenance fee cost was $1,260 in 2023. As a side note, annual maintenance fees vary from resort to resort.

Now that you know how much timeshares cost as well as the maintenance fees, you might wonder how timeshares are better than hotels. So, let’s find out!

The Difference Between Timeshares and Hotels

Timeshares and hotels are similar but very different at the same time. Both provide guests a place to stay while on vacation; however, their offer differs significantly. Hotels are typically a one-and-done deal; you stay there on vacation and never return. As for timeshares, you can enjoy guaranteed annual vacations with larger accommodations.

There are various timeshare types, including fractional ownership, leased timeshare, and more, but their offerings are all very similar. Regardless of week- or points-based ownership, all timeshare resorts offer spacious villa and suite-style accommodations with more amenities than your average hotel room, including full kitchens, living rooms, dining rooms, and private bedrooms.

In addition, timeshare resorts offer guests and timeshare owners the opportunity to utilize resort-style amenities like swimming pools, spas, fitness centers, on-site dining, and more. Lastly, timeshares are usually in major vacation destinations like Orlando, Hawaii, and Las Vegas!

Most timeshares allow owners to enroll in a vacation exchange program. Continue reading to learn more!

Vacation Exchange Networks

Timeshare owners typically can join a vacation exchange network affiliated with their timeshare brand. Vacation exchange networks include RCI or Interval International (II), allowing owners to exchange their timeshare points or weeks for stays at resorts worldwide, flights, cruises, and more!

Now that you have the gist of the timeshare ownership cost, annual fees cost, and how they differ from hotels, let’s discuss how you can purchase a timeshare for less.

How Can I Buy a Timeshare for Less?

If the initial purchase price of a timeshare is too high, we completely understand! However, there is a way to get the same property for less! Exploring the secondary market for timeshare resales is an excellent way to save money on vacation ownership. At Timeshare Broker Associates, we are committed to helping prospective buyers find the perfect deal that matches their financial needs. You can browse our extensive resale market to search by a timeshare company, unit size, season, week, usage, and more to purchase a timeshare for a fraction of the price.

Next, let’s explore the benefits of owning a timeshare!

Benefits of Timeshare Ownership

There are many benefits of timeshare ownership, and that’s why the timeshare industry is seeing an increase in first-time vacation owners. Even if you are buying a timeshare from the secondary market, you can still relish most, if not all, the benefits as the original owner. Some vacation ownership benefits include:

Even with a timeshare resale, there are still many benefits and perks. So, the answer to “How much do timeshares cost,” is significantly less when buying a timeshare resale. Furthermore, if you don’t want to pay the upfront cost of a timeshare, you can finance it!

How Much Do Timeshares Cost?: Finance Your Timeshare Ownership

Many timeshare owners opt for timeshare financing to help spread out the initial cost to more affordable monthly payments. Our friends at Vacation Club Loans can help timeshare buyers set up monthly payments for their new vacation ownership. Moreover, financing allows owners to avoid paying a large sum upfront and enjoy vacationing while making monthly payments.

Are Timeshare Worth It?

So, the big question is, “Are timeshares worth it?” While this may be a straightforward question, the answer primarily depends on the person asking. A timeshare might be worth it if you’re a frequent traveler looking to expand your horizon while relishing long-term savings. Sometimes, people associate timeshares with a one-week vacation at the same resort each year; however, the travel options are limitless in an ever-growing timeshare industry. Points-based timeshares are making their way to the forefront of the industry as they increase travel flexibility to travel to new resorts in new locations each year.

Additionally, timeshare provides an at-home feel, offering full kitchens, living rooms, and dining rooms. So, if spacious accommodations, travel flexibility, and lifelong savings appeal to you, a timeshare might be worth it!

Next, let’s discuss some top timeshare brands to buy from.

Top Timeshare Property Developers

Folks can browse the resale market for vacation ownership properties from top brands like:

Popular Timeshare Destinations

Timeshares are scattered throughout the world in various sought-after vacation destinations. So, whether you want to swim in the sparkling turquoise waters in Maui or ski the mountain slopes in Breckenridge, there’s a vacation spot for everyone! Explore superior vacation spots, including:

So, if you’re ready to take your vacation to a new level, consider buying a resale with Timeshare Broker Associates!

How Much Do Timeshares Cost? Buy a Timeshare Resale

Are you ready to embark on a luxurious vacation? If so, you’re in the right place! At Timeshare Broker Associates, you can browse our extensive list of timeshare resales in various destinations. Once you’ve locked eyes on a listing, you can make an offer and negotiate the price with the seller to get the best possible deal. The new timeshare contract will be transferred into your name once the offer is accepted and the closing process is underway. And as the new owner, you can relish a lifetime of vacations at today’s prices!

If you need help getting started, click the button below for the step-by-step guide on buying a timeshare today. You can also contact us at (407) 917-8432 for assistance. Happy vacationing!