Did you know that nearly 10 million people in the United States own one or more timeshare units?
Timeshares are put in beautiful destinations, but they can also be expensive and get boring.
If you don’t want to invest in buying a timeshare, but want to reap the benefits, you should consider renting.
Keep reading if you want to learn everything you need to know about renting a timeshare!
Is Renting Realistic?
Renting a timeshare is more than realistic, especially when a family has been going to the same place for many years.
Timeshare owners typically buy a unit in an area they love, but sometimes they want to travel elsewhere. When timeshare units get rented out, they benefit both parties. The owners can get money from renting and put it toward another trip while you can get a discounted place to stay.
Independent owners and companies are often willing to rent out their time but you must make the first step in asking.
Types of Timeshares to Consider
Although you may not have too many options to select from, there are several types of timeshares you can rent.
Resorts, condos, and apartments can all be timeshare units that you stay in. Before you purchase your rental, make sure the property will be large enough for your family and in a good location.
If you’re looking for a relaxing vacation, resorts are a great place to check. There are also waterfront homes, but they tend to cost significantly more, even as a rental.
Ways to Rent
Finding a rental property can be difficult in certain areas, but there is always an abundance of timeshare properties.
You can rent a timeshare unit by going online and doing a simple search. Many people started using applications like Airbnb and other rental sites to market their property. When you go online, make sure you read about the accommodations and rules.
Another way to find rental timeshares is by asking. Ask your friends and family if they are willing to rent their unit for the entire time they own it or for a portion. Social media is a wonderful platform to connect with timeshare owners you know.
It also helps to talk to timeshare companies that have a rental program. Some resorts are willing to do rentals since they aren’t as large of a commitment.
Renting a Timeshare Can Improve Your Trip
If you’re trying to find lodging for an upcoming trip and don’t want to stay at a hotel, timeshares are a great choice.
Although you won’t own the property year after year, you can rent it from an owner for their time frame. You can make the most of your trip without worrying about paying it off for the next 10 years. Timeshare rentals are beneficial for everyone and can lead to rest.
Don’t be afraid to find a luxurious destination where you can unwind and appreciate the scenery. Renting a timeshare can be the perfect solution to giving your family a break.
If you want to learn more about getting a timeshare rental read our blog for the latest vacationing info!