With a timeshare you will be able to own a portion of a piece of property along with many other people.
Each owner has the rights to use the property exclusively for scheduled periods of time during the year.
This is more affordable than renting a hotel room and more practical than purchasing a vacation home that you will only use a couple of times each year.
A timeshare isn't restricted to a house though as it can be a condominium, an apartment, or even a hotel suite.
Timeshares can be found in locations all over the world but mainly in common tourist areas such as California, Florida, and the Caribbean.
I know a couple who have a timeshare in Colorado just so that when they fly out there a couple of times a year to see their children they don't have to pay for a hotel or stay with their children.
Timeshares are very affordable and setting up scheduling isn't very difficult at all.
Since there are many different types of timeshares it is important that you take sometime to familiarize yourself with what is available out there.
The more time you want at a particular destination the more expensive it is going to be.
Securing your time at the location for two weeks per year is going to cost you twice as much as one week would.
You also need to see what dates are still open for a timeshare when you are looking at signing up for it because you may discover all the good travel dates are taken by other owners.
Finding the right timeshare offer for you is a great way to ensure you are able to secure accommodations for your vacation even during the peak times of year.
It also allows you to see a return on your investment instead of just paying for a hotel room that you rent.
Most timeshares are quite easy to resell so if you find it isn't right for you or your needs change you won't be stuck paying for something you no longer use.