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-   -   What is the difference (https://britishexpats.com/forum/spain-75/what-difference-702405/)

metalmike Jan 26th 2011 12:24 am

What is the difference
 
We are hearing a lot about 'Fractional Ownership" in the press and on t'interweb, can anyone tell me the difference between Fractional Ownership and Timeshare, or is it still the Wolf with a fleece on?

jojojojojo Jan 26th 2011 12:44 am

Re: What is the difference
 

Originally Posted by metalmike (Post 9130025)
We are hearing a lot about 'Fractional Ownership" in the press and on t'interweb, can anyone tell me the difference between Fractional Ownership and Timeshare, or is it still the Wolf with a fleece on?

I believe that Fractional ownership is owning a percentage of a property with other poeple and timeshare is owning an allocated time in a property or resort owned or overseen by a company .... I think??? Altho timeshare has morphed into many things these days and is nothing like the old fashioned idea of going to the same place at the same time year after year

Jo xxx

Rotor Jan 26th 2011 1:23 am

Re: What is the difference
 
I cant answer Metalmikes Q but I must ask why anyone would buy a time share :confused:, I cant get my head around it at all , I take my hat off to the timeshare sellers for selling the privilege of renting an apartment for several thousand pounds and disguising the rent as maintenance:confused:

Guess it must be for the snob value of `we own an apartment in Spain` .:confused:

Mitzyboy Jan 26th 2011 2:28 am

Re: What is the difference
 
I think you already asked that HERE

lynnxa Jan 26th 2011 2:35 am

Re: What is the difference
 

Originally Posted by Mitzyboy (Post 9130271)
I think you already asked that HERE

lol I thought that sounded familiar!!

I was going to do a search later if I had time:rofl:

jojojojojo Jan 26th 2011 8:33 am

Re: What is the difference
 

Originally Posted by Rotor (Post 9130135)
I cant answer Metalmikes Q but I must ask why anyone would buy a time share :confused:, I cant get my head around it at all , I take my hat off to the timeshare sellers for selling the privilege of renting an apartment for several thousand pounds and disguising the rent as maintenance:confused:

Guess it must be for the snob value of `we own an apartment in Spain` .:confused:

Timeshare doesnt really exist as it did, there were alot of cowboys who "took advantage" (to say the least!!!), but those guys seem to have moved on now! The way it is now IMO isnt a bad idea for some!

The trouble with it is that they sell it too hard which makes folk suspicious - a bit like double glazing in the UK a few years ago!!!

Jo xxxx


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