Rent a Timeshare in Aruba【 GREAT DEALS 】Rent By Owner™ (2024)

FAQs

Can you rent a timeshare in Aruba? ›

There are several timeshare properties in Aruba offering units for rent. Much like a condo or apartment rental property, Aruba vacationers enjoy renting timeshares because of the comfort, space and of course savings!

I Want to Rent a Timeshare

If you're not ready to own one yet, renting is a great way to try it before you buy it. If you want to rent a timeshare through us, check out our rentals and place an offer or give us a call!

Consider renting out your timeshare.

If owning a timeshare is appealing, you can rent out your weeks to make some of your money back, or even a little extra. The average timeshare occupancy rate is about 80 percent compared to the hotel occupancy rate of 64 percent, according to an AIF report.

How Do Timeshares Work? Each individual will get the opportunity to spend a set period of time at the property per year. For example, with the fixed week timeshare model that's commonly used, each timeshare owner will get one week. If the timeshare owners can't use their specific week, they can rent it out.

Use our guide below to see the costs typically associated with buying a timeshare. According to the American Resort Development Association (ARDA), the average cost for a timeshare interval was $23,940 in 2022. This number is the upfront cost for a timeshare and doesn't include associated fees you'll pay each year.

The timeshare tax for owners and exchanges (Surf/Ocean Club) is approx $14.93/night for a one bedroom. It's $15.00 a week for a energy surcharge. Renters (from Marriott) are 12.5% a night and $3.00/ energy surcharge.

Some timeshare companies have programs to let you walk away, but they may come with strings attached, like forcing you to get on a waiting list, requiring that you show financial hardship, or requiring you to stop using your timeshare for a long period before they let you leave.

You pay for the timeshare indefinitely when you own a deeded timeshare. However, they are transferable, which means you can sell them, include them in your will or give them away. However, it's important to understand that the person who gets them after you must pay the fees associated with the timeshare.

The median annual income of timeshare owners surveyed was 83,429 U.S. dollars.

What is the best way to rent out your timeshare? ›

The easiest way to rent your timeshare is to work with a reputable agency that has the resources to advertise your listing, manage the guests and process the transactions. ResortShare offers a full-service rental program with no upfront fees so you don't have to worry about any of the logistics.

Timeshares should not be considered investments since the vast majority of timeshare contracts lose value in the secondary market, and they do not generate income for owners.

The timeshare industry is valued at more than $10 billion. But one study found that as many as 85% of buyers regret their purchase.

An ARDA survey found that 85% of owners are happy with their purchase. But another study by the University of Central Florida found that 85% of buyers regret their purchase. So which 85% would you be a part of? Each case is different, but here are some factors to consider if you are considering buying a timeshare.

For families or individuals who travel regularly, prefer a specific brand, and want to enjoy savings on a lifetime of vacations, a timeshare is completely worth buying.

Renting out your timeshare on Airbnb can potentially generate extra income and help you mitigate the costs of ownership. Still, several factors should be considered before jumping into such a venture. Find out if your timeshare company and the area where it's located allow subletting and vacation rentals.

You cannot rent out an interval that you acquired through an RCI exchange. If you are caught, the resort will turn the renter away and your RCI membership will likely be suspended or terminated. Read your RCI member's policies.

If you are wondering, “can I rent out my Marriott timeshare,” the answer is usually yes. Your timeshare can be rented if the resort allows it, and your maintenance fees, as well as loan payments, are current.

Aruba is the timeshare capital of the Caribbean, featuring 13 incredible properties.