Author Topic: Condo in a building with Timeshares  (Read 320 times)

mcampbell

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Condo in a building with Timeshares
« on: June 18, 2018, 09:14:03 AM »
I was about to buy a condo (normal unit) in a building with 54 times shares by Marriott Vacation club. I was a bit nervous so I'm going to rent the unit first. Any major downsides of having timeshares in the building? Overall the building seems like the maintenance levels have to be higher then other builds in the area to maintain its luxury status. Also in my city Bangkok, there is always a lot of risk on condos if people stop paying fees, or vote to lower fees constant, the buildings tend to go into ill repair. Overall it seems like a plus, but I'm not sure if there is some long term risk to buy in.