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club costa resort & hotels (timeshare)

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freddiemark1 | 12:30 Sat 03rd Dec 2005 | Business & Finance
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i have been sent an invitation to attend what i presume is a timeshare from the above named company i have read the testomonials from people who have taken up this offer and they are glowing, what i would like to know has any of the answerbank members taken up this offer and at what cost. thanks in advance
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What happens if you want to sell your timeshare? These companies have gained such a bad reputation over the years that I would be VERY wary before parting with any money. Apart from anything else, do you really want to spend a week or fortnight of your holiday every year in the same place? And I bet the brochure doesn't include any glowing testimonials from individuals who have wanted to dispose of their timeshare and found that despite promises, the company has left them high and dry and that several years later, they're still lumbered with it. Also, what do they say about costs and maintenance? There may be an awful lot of hidden costs to such a deal which only become apparent after you're signed a contract. Don't sign anything until you've consulted a solicitor, however attractive it sounds and whatever free holiday offers are made.
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thanks for your comments and the excellent link "crimeshare" what a wonderful tool the internet is when cons like this can be displayed to the "cons" long may it continue thanks again
Never ever get involved with timeshares. It is a stupid idea because you get one week for so many years in an apartment. You are probably paying about �500+ for one week out of season and have to pay for your flights on top. It is cheaper to get a package holiday and go somewhere different every year. The glowing testomonials will be glowing. Anyone can write up fairy stories and give them fake names. You are better off buying an apartment in Spain and getting a cheap mortgage on it there if you want a place in the sun. Their mortgages are cheaper than ours, usually around 3%. Why do you think that there are timeshare touts plaging people on holiday? If it was a good deal then people would go to them.
Firs of all, Timeshare is fantastic but you must understand how it operates and know if it is the best way for you to holiday. Once you know all the Good & Bad of the system you can look at the resorts that may be of interest to you.
Unfortunately the Timeshare industry has a bad name mainly due to the methods traditionally used in places like Spain to sell. Laws in Europe have been put in place to protect buyers and in the main the law is good. The rogues have now changed to selling Holiday Point or Holiday Club Membership instead of Timeshare, these new systems are not all bad but at the moment the law doesn�t protect purchasers all that well.
My Wife & Myself have owned time share for over 10 years and have visited numerous places in the world and have never been disappointed, we have also attended a number of the sales presentations around the world, it just so happens we are to go to one of Club La Costa Resorts in Spain in January. We have been invited to go for 7 days free and will be expected to attend a presentation whilst in resort, as I stated we have attended many of these presentations so we know what to expect. For us it is a good way of getting a cheap holiday and is worth the sacrifice of 2 hours or so, but you have to know the system to do it. We have never purchased any of our timeshare at one of these presentations and would not recommend any body to do so. Buying Timeshare is something you should take the time to get it right and if you do the benefits are great, such as five star accommodation in fantastic resorts and lovely people and it doesn�t cost the earth. In conclusion if you are interested in Timeshare then do your research but I would not recommend attending one of these presentation without a good understanding of how they operate.
I hope this was helpful.

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