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Can anybody explain why someone sell me an apartment in resort ? (self.asklemmy)

submitted 3 months ago* (last edited 3 months ago) by hahattpro to c/[email protected]

33 comments fedilink hide all child comments

It seems sketchy as hell.

They sell an apartment, that apartment in resort. The price is about typical normal apartment.

They said that I own that apartment, and can visit the resort few days a year, enjoying staying at that apartment. Just book your day and they handled the rest. I still not fully wrapped my head about this concept yet, but why not stay there forever but "book" ?

My aunt said this seems good deal. But I feel something fishy.

Is it a good investment compared to normal apartment in residence building ?

Can someone tell me more details on this type of real estate?

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[–] [email protected] 41 points 3 months ago (3 children)

John Oliver - Timeshares

[–] [email protected] 14 points 3 months ago (2 children)

This is probably a more helpful TV reference than what I was going to link, which is King of the Hill S09E03 "Death Buys A Timeshare"

[–] [email protected] 4 points 3 months ago (1 children)

There's also the South Park episode!

[–] EbenezerScrew 4 points 3 months ago

Maybe that's why they call is "Ass-pen"