The history of timeshare, Fractional Ownership and the reasons it is a brilliant concept
These concepts: timeshare, Fractional Ownership are taking over the market for luxury travel and are transforming the way we perceive the vacation home
Timeshare was first introduced to the world in the early 1960’s. It developed simultaneously in different countries around the world. It was modeled after families who purchased a vacation home together and shared the right to usage according to a pre-determined timetable.
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Thus began the development of the timeshare model and the famous saying describing it: “No need to rent the room; buy the hotel, it is cheaper!”. The growth of this business concept has been stellar.
Travelers around the world can purchase vacation time in a budget-friendly way in some of the most elite resorts located in exotic locations. Today, it is a multi-billion dollar industry with over 5,000,000 timeshare owners worldwide, with a satisfaction rate of 85.6%.
Fractional Ownership was introduced a couple of times through the decades, but it took momentum in the 1990s when the systems for scheduling improved. The custom-tailored plans replaced the old rigid plans for usage of the property.
The Karma Group is one of the A-rated companies with exclusive, lavish resorts in different tropical destinations, which offers you the opportunity to become a fractional owner on your own terms. Every Karma resort around the world is different, embodying the soul of the place where it is built.
The benefits of acquiring a fractional timeshare in a Karma Resort
The advantages when you acquire a fractional timeshare in one of the Karma Resorts around the world:
- Fractional Ownership of a first-class vacation property
- Significantly reduced initial investment
- Shared expenses for maintenance
- The potential for rental revenue and capital appreciation
- No stress and worries about management (all taken care of by the Karma Group)
- Saving money and time and additional uncertainties regarding the quality of the accommodation or the offered services
- The exclusive amenities that each Karma Resort features on-site
Timeshare, Fractional Ownership experience from our guests for their time in the Karma Royal Phuket in Thailand:
“A family of 3 adults and two kids aged 3 and 15 we spent two weeks at the Karma Royal Phuket was via our timeshare. The villa was clean spacious pretty much as described in the photos the main bedroom had a queen size bed and a view of the canal and neighboring villas. We used the resorts minibus for pretty much all of our trips. Within the complex, there are several restaurants, all good. The peaceful, serene surroundings were well suited to a family holiday. We took many walks around the complex.” Kazjitsu from London on TripAdvisor
The Karma Resorts are built on vast properties and feature most of the A-grade amenities you are looking for in a luxury resort. Constructed like small villages, they feature fitness areas, restaurants and bars, pools, spas and a lot more depending on the resort. Our staff is always friendly and ready to assist you in any way.
Use the opportunity for fractional timeshare resales.
Here is some of the information that you’ll need to know about when it comes to fractional timeshare resales. When you acquire the timeshare or the Fractional Ownership from the resort, that is the primary market.
When you sell it or acquire it directly from the fractional owner, that is the secondary market or the resale. This is usually used for swapping timeshares with owners to explore different locations, or if you cannot use it for any given reason, you can put it on the market and vice versa.
The Karma Group is famous for a high percentage of satisfied guests. For example, this is one of the testimonials of a timeshare in Vietnam in the Karma Cây Tre Resort:
“All the staff were friendly, helpful and greeted us with a warm smile. It felt more like we were staying with friends rather than a resort. We had apartment 101 which was the closest to the pool and restaurant. They provide room towels, shower gel, etc. and hairdryer. There’s a small fridge/mini bar which is reasonably priced. Kettle and Complimentary bottled water, tea and coffee. There are also daily pool towels. We would not hesitate to stay here again.” Bridgewood from Gillingham on RCI
Reselling your timeshare can earn you or save you money, depending on how you use it, but the important thing is that you have the opportunity to put it on the market. This is a concept that has reinvented luxury travel around the world.
Karma Group locations where you can buy a timeshare
The Karma Group is one of the leaders in luxury resorts, with many awards, satisfied guests and fractional owners to back up that reputation. This is the list of our destinations: Germany, Bali, Australia, Vietnam, India, Indonesia, Sicily, Thailand, Goa, The United Kingdom, France and Mykonos.
We hand-pick the properties surrounded by exceptional natural beauty, which are rich in history and local meaning. We want to provide our guests with an authentic experience.
Our staff is professional, friendly and there to help you with your requests and wishes. They will give you tips about the locals and the cites, and inform you about low-key attractions you should not miss. In the Karma Royal Bella Vista, we organize jungle trekking and elephant riding for our guests, so they can thoroughly enjoy the tropical splendor of Thailand.
Moreover, if you are staying in the Karma Royal Phuket, use the proximity of the marina to go sailing to the nearby atolls or go scuba-diving in the azure sea. The investment models Karma Group offers you through timeshare; Fractional Ownership is the most prudent way for you to vacation in style on a prime location in an outlandish paradise.
Send us an e-mail or book a consultation with our Karma Club Concierge to find out more!