Timeshares to explore Polynesia

TIMESHARES, a concept in use around the world, are now available at some resorts on Rarotonga. A timeshare is a form of vacation property ownership that allows individuals to share the cost of owning a piece of property. Timeshares come in all shapes and sizes, from quaint bed-and-breakfast style accommodations to luxurious five-star resorts.

The most common come in the form of vacation homes, condos, suites or hotel units. When resorts sell timeshare they are generally sold in one-week increments, or shares. Owners can choose to purchase as many, or as few, of these as they can comfortably foresee using. Other owners will also buy time there, and the cost of the vacation home, suite, condo or unit will be divided among all the owners.

Buyers can choose to purchase as many weeks, or shares, as they think they can use annually or biennially. They may choose to purchase a fixed week, which will guarantee the same travel dates every year, or a floating week which will let them select their week every time their usage renews.

Other owners will also purchase time at the resort, condo or suite, and they will use it when available. The price for the property will then be divided among all them based on the number of weeks each owner purchases. Once buyers own their property outright, a timeshare should only cost an annual or biennial maintenance fee (respective to usage).

There are thousands of timeshares for sale all over the world. Timeshares in Polynesia are blossoming quickly, so a vacation property in the area can give ample opportunities to visit the Cook Islands year after year.

Buyers can get timeshares directly from resorts, but may end up paying more than they need. You can find a timeshare for sale or for rent on the online timeshare resale market. A knowledgeable timeshare reseller can supply properties for thousands less than many resorts.