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Can anybody explain why someone sell me an apartment in resort ? (lemmy.world)

submitted 3 months ago* (last edited 3 months ago) by hahattpro@lemmy.world to c/asklemmy@lemmy.ml

33 comments fedilink hide all child comments

It seems sketchy as hell.

They sell an apartment, that apartment in resort. The price is about typical normal apartment.

They said that I own that apartment, and can visit the resort few days a year, enjoying staying at that apartment. Just book your day and they handled the rest. I still not fully wrapped my head about this concept yet, but why not stay there forever but "book" ?

My aunt said this seems good deal. But I feel something fishy.

Is it a good investment compared to normal apartment in residence building ?

Can someone tell me more details on this type of real estate?

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[–] HubertManne@moist.catsweat.com 27 points 3 months ago (1 children)

time shares are notoriously things people want to stay away from.

[–] MagicShel@programming.dev 2 points 3 months ago (1 children)

Disney vacation club hasn't been bad, tbh, but the industry as a whole is super sketchy. Also we haven't tried to get out of it, but mainly because it's been fine.

[–] HubertManne@moist.catsweat.com 6 points 3 months ago (1 children)

oh man. add disney to the name and for me you can double how much I want to stay away from it.

[–] MagicShel@programming.dev 2 points 3 months ago (1 children)

I mean that's fine. We don't even go to the parks most of the time. They have some really nice properties elsewhere. Hilton head was nice, for example, but of course it's just a nice hotel at that point.

Say all the things about them being an evil, soulless company, and I'll agree but they have great customer service which is important to us when we're risking a chuck of change hoping for a good vacation experience.

Vacationing has been different since getting older. I do miss some of the more adventurous travels when I was in my thirties, but these days consistency and customer service are really nice.

[–] HubertManne@moist.catsweat.com 3 points 3 months ago

I can understand that. I can respect customer service. Honestly its their content over anything that gives me the ten foot pole thing. The best things from them seem to come out of allowing their ip to be used by a better companies implementation. Like kingdom hearts.