The term “timeshare” (literally “time sharing”) is most often used in the tourism business. And here it means co-ownership of real estate in resort places. These can be rooms in hotels, boarding houses, holiday homes, etc.
What is a timeshare, and what types it is
The idea of a timeshare is. You can not afford to buy real estate in an expensive foreign resort: expensive, and taxes have to pay a lot. But you can buy ownership for a period from one week to 51st a year. Continue reading