Timeshares that appreciate in value?

[James G]

Is there a timeshare that one could buy in the secondary market that could be likely resold 20 years later at a greater value than originally purchased? If you were looking for good trading power and reasonable maintenance fees what would be your pick today? I understand the philosophy of picking a location you like to travel to, and of course the price one sees on the secondary market plays a factor also.

 

[Janann]

There are many stories of Disney Vacation Club being sold for a higher price.

 

[heathpack]

Is there a timeshare that one could buy in the secondary market that could be likely resold 20 years later at a greater value than originally purchased? If you were looking for good trading power and reasonable maintenance fees what would be your pick today? I understand the philosophy of picking a location you like to travel too also, and of course the price one sees on the secondary market plays a factor also.

The only timeshare that I know of that routinely appreciates in value over the 20 year span you mention is Disney Vacation Club. And the economics of DVC mean that it’s not a trader. So: the thing which you seek does not exist.

 

[James G]

I had a friend of mine that sold a Marriott Phuket Beach Club back to Marriott for well over what he bought it for in the secondary market. That's what got me thinking, and I think it had great trading power from what I remember.

 

[jabberwocky]

Timeshares are not investments, and should not be viewed that way IMO. The key is to minimize the downside risk of initial entry, and then keep your MF relatively low compared to rentals.

If you can do this, you’ll get lot’s of enjoyment from ownership and not have to worry as much if you have to give it away in the future.

 

[Synergy]

I suppose it depends on how you look at it. I have now spent something like $500 to acquire timeshares, all with free closing. My best guess is that in January, my ownerships were 'worth' ~$5000 if I wasn't in a hurry to sell. Don't figure I could get that right now, of course.

Theoretically, that means I'm looking at 1000% return on these. Realistically, I underpaid by probably $2000 - and would have to wait for people to overpay by the same margin. I consider timeshares to be a breakeven venture at best - though I like to think I eke out me value every year than I pay in fees.

All that to say that I wouldn't try to buy with a profit in mind.

 

[CalGalTraveler]

Resale oceanfront Hawaii for Westin, Marriott and Hilton wont appreciate but will likely hold value (or only decline slightly.)

 

[vacationtime1]

Resale oceanfront Hawaii for Westin, Marriott and Hilton wont appreciate but will likely hold value (or only decline slightly.)

Actually, OF units at WKORV took a 40% hit in value during the Great Rescession (it was a great time to buy).

Willl they do the same in 2020-21 due to Covid and the accompanying economy? Anyone's guess, but preliminary indications are "yes" -- the advertised prices for 2bd OF units are down several thousand dollars since last year.

 

[CalGalTraveler]

Actually, OF units at WKORV took a 40% hit in value during the Great Rescession (it was a great time to buy).

During the first years of a timeshare devel there is a steady depreciation in value but after a while they seem to hit a floor. Our WKORVN is worth about the same as when we purchased 4 years ago even though there is a current economic downturn. The resale floor is what I am referring to.

 

[Mongoose]

Is there a timeshare that one could buy in the secondary market that could be likely resold 20 years later at a greater value than originally purchased? If you were looking for good trading power and reasonable maintenance fees what would be your pick today? I understand the philosophy of picking a location you like to travel to, and of course the price one sees on the secondary market plays a factor also.

If you get a great deal on resale you may be able to make a modest profit. If you pay developer prices, probably not.

 

[Limace]

Yeah, DVC if you’re careful. I bought points at the Grand Californian summer of 2017 for $140 pp and could sell easily today for $210. But that’s very specific to that resort, which isn’t available from the developer now and is rare on the resale market.


Sent from my iPhone using Tapatalk

 

[CalGalTraveler]

Developer will lose every time xDisney. But now not sure about Disney with Covid. There might be some deals.

With the resale floor even if you lose 50% it's less than 10k so risk is small. I feel sorry for those that paid retail and lost 10s of thousands. (We paid retail on our first timeshare and it still stings.)

 

[easyrider]

None appreciate in value when bought from the developer. Most resales do not appreciate either. I would consider a Worldmark membership bought resale a reliable product.

Bill

 

[icydog]

I more than doubled my money on the Disney Vacation Club points I sold in 2010. I bought some back and I will sell those new points for double as well.

 

[x3 skier]

I bought my quarter share in the Steamboat Grand over 20 years ago. Since then, it has more or less paid for itself in rental vs dues and doubled in price on the current market. I also own a share in timeshare unit in another complex that also has appreciated since I bought it some ten years ago. I use that one for six weeks in Steamboat ski season

These are atypical of a weekly timeshare and I glad of that fact.

Cheers

 

[elaine]

agree with others made $ on DVC 2X, and will lose $ on 4th of July HHI week when I sell (and I bought resale). HHI was a great place that we enjoyed for many years. I should not be worth so little, but it is on resale, just like most others, even many Hiltons and Marriott's. It's all supply/demand. And, there's an easy, robust DVC resale market. All other timeshare markets are too fractured-no easy, cohesive, widely advertised resale market like DVC.

 

[frank808]

None appreciate in value when bought from the developer. Most resales do not appreciate either. I would consider a Worldmark membership bought resale a reliable product.

Bill

I would not say none. I bought Villas at Grand California and Villas at Grand Floridian direct from developer. Could easily sell for more than what I purchased it for. My only other timeshare that appreciated in value was resale quartershares at Marriott Grand Residence in Tahoe. Resale prices are about double what I paid for mine.

As others have said, do not count on buying a TS to be resold for a profit. The value in TS are the vacations and memories you will make.

 

[Robert D]

I think it's more likely that a legacy timeshare not affiliated with a big chain and many that are with big chains that you buy today would likely be bankrupt well before 20 years from now. Someone made a comment that they will bottom out after a while and a lot of times they bottom out a $1.00 and most of those you don't want to own.

 

[TravelTime]

Frankly, having owned timeshares for only a few years, I would not purchase them. Given the big upfront investment, even for quality resale timeshares, it is not worth it. I sold 9 of my timeshares this year and I was thrilled to get rid of them. 7 were DVC and net-net, I lost money on DVC. Even buying resale. Plus, I had to cancel a DVC reservation and could not rent out the points because they then had a 60 day usage window so I lost $3500 in MFs. Knowing what I know now, I would not make any upfront investment in order to attempt to save money in the future. I still have some timeshares left but I would lose way too much if I sold those and I do still enjoy Marriott Vacation Club overall.

 

[chapjim]

Timeshares purchased from the developer are one of the few things that lose value more quickly than new cars.

 

[dgalati]

Is there a timeshare that one could buy in the secondary market that could be likely resold 20 years later at a greater value than originally purchased? If you were looking for good trading power and reasonable maintenance fees what would be your pick today? I understand the philosophy of picking a location you like to travel to, and of course the price one sees on the secondary market plays a factor also.

The best return on your investment would be to buy stock in the timeshare companies. Use the dividend to rent trips.

 

[dgalati]

Timeshares purchased from the developer are one of the few things that lose value more quickly than new cars.

Timeshare values bought from a developer drop faster then a led zeppelin

 

[dgalati]

Frankly, having owned timeshares for only a few years, I would not purchase them. Given the big upfront investment, even for quality resale timeshares, it is not worth it. I sold 9 of my timeshares this year and I was thrilled to get rid of them. 7 were DVC and net-net, I lost money on DVC. Even buying resale. Plus, I had to cancel a DVC reservation and could not rent out the points because they then had a 60 day usage window so I lost $3500 in MFs. Knowing what I know now, I would not make any upfront investment in order to attempt to save money in the future. I still have some timeshares left but I would lose way too much if I sold those and I do still enjoy Marriott Vacation Club overall.

Sounds like renting maybe a better fit for your travel needs. Renting gives you more flexibility on use of different resorts. Renting also is free of any long term commitments and without the burden of paying maintenance fees.

 

[heathpack]

Frankly, having owned timeshares for only a few years, I would not purchase them. Given the big upfront investment, even for quality resale timeshares, it is not worth it. I sold 9 of my timeshares this year and I was thrilled to get rid of them. 7 were DVC and net-net, I lost money on DVC. Even buying resale. Plus, I had to cancel a DVC reservation and could not rent out the points because they then had a 60 day usage window so I lost $3500 in MFs. Knowing what I know now, I would not make any upfront investment in order to attempt to save money in the future. I still have some timeshares left but I would lose way too much if I sold those and I do still enjoy Marriott Vacation Club overall.

Note OP mentions timeshares that would appreciate if you bought and held the unit for 20 years. It seems to me that you bought and sold most of your timeshares over a very short span of time- 2 years or less? Unless you are an aggressive bargain hunter, you’re not hugely likely to see much appreciation over such ultrashort time frames.

Just to be clear to the OP, who was looking to buy and hold for a long span of time.

 

[Larry M]

I think it's more likely that a legacy timeshare not affiliated with a big chain and many that are with big chains that you buy today would likely be bankrupt well before 20 years from now. Someone made a comment that they will bottom out after a while and a lot of times they bottom out a $1.00 and most of those you don't want to own.

Like this one that I mentioned last month.