Aruba Timeshare >> 31 Rentals Available (2024)

FAQs

What is the oldest timeshare in Aruba? ›

Aruba Beach Club (ABC) opened in 1977 and was Aruba's first Timeshare hotel. Guests to this hotel had to be members of a corporation that owned the hotel.

How to Rent Your Timeshare | ResortShare. When you own a timeshare, there will probably come a time when you can't use all of your ownership. According to a 2016 ARDA study, over 1.8 million timeshare owners have unused time. A great way to offset your maintenance fee expense is to rent out your unused time.

Aruba is the timeshare capital of the Caribbean, featuring 13 incredible properties. With so many top-rated timeshares to choose from, it's no surprise that so many families return to Aruba year after year.

Here's the great thing about timeshares though: you can get a good deal on a timeshare stay without ever owning one or sitting through a presentation. We've taken fantastic vacations (and saved loads of money!) staying at gorgeous properties simply by booking timeshare stays directly from timeshare owners.

Wyndham Destinations is considered one of the best timeshare companies because of its expansive portfolio across the world. There are several clubs under Wyndham Destinations, including Club Wyndham, Margaritaville Vacation Club, WorldMark by Wyndham, Shell Vacations Club, and more.

The Contract with the Property Owners Association Explained

Unlike the loan agreement, the POA contract is not confined to a set number of years but continues for as long as one owns the timeshare.

Costs vary based on the size of the vacation home and duration of the stay. According to Hilton, the average purchase price for a new buyer is roughly $22,000. ARDA says the average cost of a timeshare that a buyer can use for one week a year is $24,140.

From a tiny orange grove and the dream of a man working out of his garage, Westgate Resorts and its parent company, Central Florida Investments (CFI), have grown into the largest privately-owned timeshare company in the world, employing over 10,000 people around the United States.

Timeshares confer upon its buyer the right to annual exclusive use of a vacation property for a defined period, generally measured in one-week increments.

Stopping payments on your timeshare will have significant consequences but it's a last resort for those desperate to get out of their contracts. Defaulting on a timeshare contract and associated fees or mortgage payments could have a negative affect on your credit score and lead to foreclosure.

Can a timeshare be Airbnb? ›

Whether you can advertise and sub-let your timeshare on Airbnb will be determined by the by-laws of your timeshare. As long as the timeshare governing authority allows it, you can do it. Check the timeshare by-laws or just have a conversation with the manager to discuss your idea.

Timeshares Decrease In Value

Unlike vacation homes, a timeshare doesn't typically increase in value over time. Instead, it's more likely to decrease in value since it's considered an illiquid asset, which means the timeshare owner can't quickly get cash for the value of the property.

The Caribbean Hotel, Aruba's first multi-story resort hotel, opened its doors in 1959, quickly becoming a favorite getaway for world-famous jet-setters.

The Ritz Carlton Aruba celebrates 10 YEARS in Aruba.

The first timeshare in the United States was started in 1974 by Caribbean International Corporation (CIC), based in Fort Lauderdale, Florida. It offered what it called a 25-year vacation license rather than ownership.