Timeshare or Condo-Hotel? What’s the Deal?

Here you will find out about all the subtle and obvious differences between a timeshare and a condo-hotel. If you are thinking about purchasing a unit at a condo-hotel, then you should read on…

What the main difference between timeshare and a condo-hotel?

Many people think that condo-hotels and timeshares are the same, but they are not! If you are a timeshare owner, then you are limited to when you can actually use the timeshare, and condo hotels provide you with a deed and title to the property and you are the sole owner and have many more rights.

Timeshare or Condo-Hotel?

Which is better a timeshare or a condo hotel? If you are wanting to buy a vacation property, then the first thing that people think of is “Timeshare”. Many people understand what is involved in buying a timeshare. A term that many people don’t quite understand is “Condo-Hotel”.

Timeshare and condo-hotels are very similar; however, when you purchase a timeshare, then you are an owner of vacation time in a particular property or group of properties, whereas, when you purchase at a condo-hotel, you can actually purchase real estate and be the sole owner or fractional owner of the property. Just because the two have very similar descriptions it doesn’t mean they are the same. Actually there are many differences between a timeshare and condo-hotel.

More recently, condo-hotels have come to be very popular and are in big demand. If you are wanting to purchase a vacation home, then you now have many different options and choices. How can you choose if a timeshare or condo-hotel is best for you to purchase? You may be surprised to know that condo-hotels have many more benefits and features.

Condo-Hotels and Timeshare Usage

If you purchase a timeshare, then that is what you will get: a share of time! This means you will be given a time and specific dates that you can use your timeshare, and you also will be able to only use a specific resort with the resorts’ network. This may be difficult for many people, because you may not be able to take vacation time at the same time each year.

Purchasing a condo hotel will allow you much more flexibility.

You can choose to stay at the condo hotels the same weeks each year if that is what you would like to do, but if you have a hectic and unpredictable schedule, then you can also change the dates that you want to stay at the condo hotels. Another difference between the two is that condo-hotels allow you to rent your condo out to other hotel guests when you are not using it, and the hotel management staff can assist you in doing this. The rental fee will be shared, which is a great way to pay your ownership costs.

You and only you are the owner when you purchase a condo-hotel unit.

What does this mean? It means you will always get first choice when you want to reserve dates. Of course, you can allow others to rent the condo when you are not using it, but the bottom line is you are the owner.

Now you can see the difference between timeshares and condo-hotels.

Riviera Nayarit for Snowbirds

Riviera Nayarit for Snowbirds

Riviera Nayarit is known to host escaping snowbirds from many developed countries like the US and Canada during the winter time. Who wouldn’t get attracted by the warm rays of the sun, the hot sand and of course the allure of Mexico’s great blue seas. There are a variety of accommodation options to choose as a snowbird, from vacation clubs, beach rentals, elegant hotels to a fractional or full time ownership of resort villas. Head to Riviera Nayarit, it has all the amenities needed for snowbirds to keep warm during the chilly season.

Here are several reasons why you should think about purchasing fractional or full ownership property in Banderas Bay to become a true blue Riviera Nayarit snowbird:

A Great Escape From the Cold North American Winters

Instead of just spending a few days or weeks in a posh accommodation, why not think of several months in order for the warmth of a tropical atmosphere to truly enter your bones. Making a regular tropical escape is worthwhile when you know in your mind that you have a stable home to return to in Riviera Nayarit.

Luxury That’s Affordable for Snowbirds

Let’s face it, owning a second home is quite expensive, but buying real estate in Riviera Nayarit is much cheaper than in most tropical places. It can even be more affordable than your first home in your own native country. The cost of utilities is much lower, and you will notice this more than ever during the wintertime when you won’t need to use either the air conditioning or the heaters. The cost for eating out, transportation and other luxuries like beauty treatments suits any budget too.

A Boost on Your Social Life

Riviera Nayarit is a friendly place to be in, with locals and professional snowbirds ready to flash their sweet smiles to anyone new in the place. There’s a thriving number of expats who are satisfied with their lives and are ready to mingle and rock with the new faces in town. New snowbirds will make friends in no time, and you can pass your time away joining a line of events that surely spells fun. There are group for writers and poets, dance lessons, theater associations, a Wednesday ArtWalk event and volunteering activities to help local charities. You can even party the night away watching a live band performance at Nacho Daddy’s.

The Low Cost of Medical Practices and Procedures

Private healthcare is usually lower in Riviera Nayarit compared to other cosmopolitan cities, and visiting snowbirds can take advantage of it. One can go for a facial surgery, hip replacement, denture attachment and even liposuction. If you find these procedures very expensive back home, then consider having it done for less in Riviera Nayarit.

Transportation Poses No Problem

Regular flights to Riviera Nayarit are offered by the most airline companies like Delta, WestJet and Air Canada. Budget airlines give low fares, especially to frequent travelers, and you’ll be surprised by the number promos and discounted flights offered any time of the year. This is a great opportunity to take your dear ones and friends to your second home; a paradise in a tropical place like Riviera Nayarit.