One of the advantages that this service has is that there are more than one modality and you can choose according your necessities.
• Fixed unit and week: You receive a deed that allows you to use a specific condominium in a fixed week each year forever; just like buying a house. You can rent, sell, resell and exchange the time own.
• Right to use: The property of the developer is maintained by the developer. You obtain the right to use the condominium in one or more developments during a specific time. When the time finishes, the rights go back to the developer. This plan works as a club membership.
• Vacation clubs or points program: They offer a higher flexibility of usage in different dates. As a member, you buy a package of points to use them as a “coin” and access to different types of suites, seasons, or number of days. The quantity of points required varies depending the demand, type of unit, season, location and amenities. A Vacation Club can offer contracts of rights of usage for perpetuity.
• Fractional property: It allows you to buy a higher quantity of weeks for a lower cost.
• Unities with lock-off or lock-out: They offer the option of only using a portion of the unity on one date and the rest in another.
The intervals of vacation periods of this service are sold as a fixed time or as floating time:
• Fixed time: The unit is used during a specific week for each one of the owners.
• Floating time: The usage is done in the week you choose without being forced to do it in a specific week. You have to reserve with anticipation since there could be no availability.
• Divided week: It allows dividing the interval in two or three separated visits in two different times in the year. In this option it's also needed to make a reservation to guarantee availability. They are very useful for weekend getaways or short vacations.
• Biannual property: You can use this property one time every two years.
Read more about timeshare and its advantages.