Frequently asked questions
WHAT IS TIMESHARE?
The concept of a timeshare is to buy the annual use of a high-standard
holiday apartment. You specify the time of year, and the property
at a given resort can be yours exclusively each year, either for
a fixed term or in perpetuity.
The timeshare that we sell, entitles you to ownership, in perpetuity,
of a week, or weeks, at the resort at which you purchase. Timesharing
offers the opportunity to purchase time at fully furnished vacation
accommodations - usually in weekly increments - for a fraction
of the cost of full vacation home ownership.
When you own a timeshare you can "deposit" your week in a vast computer
bank to exchange with other timeshare owners via the exchange
organisation that your new resort is affiliated to (i.e. RCI).
You can then enjoy a different holiday in another part of the
world each year, all paid for in advance because of your timeshare
holding.
So, all you have to do every year is pay a realistic resort maintenance
fee and RCI membership, pay for your flights and enjoy your holiday.
Typically, a new timeshare week will more than pay for itself
after 3 to 5 years. With us , your holiday week for life can cost
you as little as a single package holiday!
Top
WHAT IS THE DIFFERENCE BETWEEN RESALE AND NEW TIMESHARE WEEKS?
Nothing, except the price. Resort developers invest large sums of money
and expensive marketing methods to employ sales personnel. 60%
of the price of a "new" timeshare is absorbed by these marketing
costs.
Buying through us saves you a substantial amount on developers prices!
We buy or sell about 1000 timeshare weeks each and every week,
so our stock is constantly changing. Take a look at our Hot Deals
list to get an idea of some of the low prices available.
Top
TIMESHARE PRICES.
Resort developers and owners often try to sell their own timeshare products
to users of the resort, investing large sums of money to employ
sales personnel to pull people in off the street. Up to 60% of
the price of a 'new' timeshare is absorbed by these marketing
costs.
When you buy a timeshare in that way it immediately drops in value
by at least 40%, often much more.
That's why the Department of Trade and Industry say, "first compare prices with a resale company."
Top
WHAT FORM OF TITLE DEED WILL I GET?
The vast majority of resorts in South Africa are shareblock developments
and are sold in perpetuity. These allow the timeshare owner to
use his/her interval forever, just like buying a house. Under
this agreement, the owner may rent, sell, exchange or bequeath
the vacation interval. Most resorts featured on this site are
shareblock developments in perpetuity.
Top
WHAT ARE MY LEGAL SAFEGUARDS WHEN DEALING WITH ARROWWOOD?
Buying through Arrowwood ensures that you are in safe hands. No funds
will be released until title has been transferred to the purchaser's
name, ensuring both parties to the agreement of sale are fully
protected. All purchasers and vendors have an unconditional 5
day cooling off period, during which time they can pull out of
the sale.
Top
GRADING \ SEASON \ UNIT SIZE
Grade of resort which are bought or sold by Arrowwood. All resorts are RCI affiliated and graded by RCI as follows:
|
Gold Crown - highest RCI grade- equivalent
to 5 star
|
|
Resort of International Distinction - above average
|
|
Lifestyle Resort - Average
|
Seasonal designations
|
Red - High Season (by owning a RED week you can exchange
your week internationally, for any week of the year.)
|
|
White - Medium Season
|
|
Blue - Low Season
|
|
Peak - S.A. School holidays
|
Size of the unit
|
3 bedroom - sleeps 8 people
|
|
2 bedroom - sleeps 6 people
|
|
1 bedroom - sleeps 4 people
|
|
Studio - sleeps 2 to 4 people
|
The
combination that will give International buyers the highest trading
power within the RCI trading system for International exchanges
is a 2 or 3 BEDROOM UNIT IN RED TIME IN A GOLD CROWN RESORT.
(The combination for local buyers would be a 2 or 3 bedroom unit in
Peak time in a Gold Crown Resort)
Top
WHAT ARE MY ANNUAL COSTS ?
There
is an annual maintenance fee payable to the resort in South
Africa. This fee varies depending on the resort and size of unit
you purchase. Your allocated sales representative will assist
you with the maintenance fee of any timeshare you wish to purchase
from us.
Top
HOW DO I PAY MY ANNUAL MAINTENANCE FEES?
Most International clients may simply fax the resort with their account
number, and an instruction to debit their credit card. Local clients
my post or pay by credit card.
Top
WHERE DOES ARROWWOOD ADVERTISE?
We advertise in national newspapers on a daily basis, property magazines, classified publications and the internet.
Top
WHY SELECT ARROWWOOD?
Arrowwood
International has been in the industry many years. We are a prime
player in the South African resale market. We have proven both
our ability and expertise time and time again. We provide affordable
options for selling and buying timeshare. With technology advancing
as it has done, the internet is the smartest place to buy, sell
and rent timeshare as it can be accessed anywhere in the world.
We are extremely knowledgeable, efficient and will assist you in
any way possible. If you have any questions, please ask us.
Top
HOW DO I SELL MY TIMESHARE/POINTS?
Complete
the form on our Selling Timeshare/Points page with as much information
as possible and supply as much detail as possible. We will contact
you should we require any further information or assist you where
ever possible.
Click here to sell your timeshare
Click here to sell your points
Top
HOW DO I BUY TIMESHARE/POINTS?
Complete
the form on our Buying Timeshare/Points page with as much information
as possible and supply as much detail as possible. We will contact
you should we require any further information or assist you where
ever possible.
Click here to buy timeshare
Click here to buy points
