Actually, timeshares are
a bad choice as an investement (from a real estate, viewpoint) . However, if you like to travel and you want somewhere that you can go to every year that you enjoy they are a great opportunity.
For instance, if you own at Newport Coast Villas, you can usually trade your ownership to Phoenix (Scottsdale) Dessert Ridge, say if you want to go out to Arizona for Spring Tranining. Terrific Area. Frank Lloyd Wright Taliesen Studios just a few miles down the road, lots of shopping, restaurants and an amazing golf course on the site. Not to mention, the perpetual 'rageing river' which takes you all along the pool in huge flotation tubes! Great fun! Lot's of Baseball, great restaurants. Love the area!
Now with Marriott's new offerings, you don't have to buy ownership title. You simply buy the number of 'points' that you need to book the resort that you want at the time you want and also, the number of rooms, and space, you want.
Marriott used to have a program, when I was there, that you could buy for 3 days/4 nights, at Newport Coast Villas for $199.00 (including room taxes). You had to agree to take a timeshare presentation to get that rate, as well as some income and homeownership requirements. Considering that the average hotel rate in Newport Beach is $150.00/night for 350 sq. (plus10% city tax) feet as opposed to 1240 sq feet at the Villas it's a deal! The timeshare presentation is 90 minutes and they keep it on a strict schedule ( unless the touring party has a lot of questions) because they have a large number of tours coming in right behind you so they need to make room for them.
Additionally, on this package that I'm talking about, for taking the tour they give you your choice of a $!00.00 shopping & dining certificate at Fashion Island ( a beautiful outdoor Shopping mall, anchored by Macy's, Bloomingdales, Nieman-Marcus and Nordstroms plus about 200 speciality stores and roughly 35 restaurants to go along with the ocean views. Your other choice, if you want to skip the Mall Certificate is, two rounds of golf gratis. If this interets you check the Marriott website and see if the dates you want are available. www.marriott.com