good place to visit but a very poor investment
By A Yahoo! Contributor, 12/07/08
I am a timeshare owner of a studio unit during the peak season. I wish I had never bought into this scam. There have been several management changes. The annual maintenance fees has been constantly increasing since I first bought my timeshare. When I agreed to purchase the timeshare unit I was told that the maintenance fees would remain the same for as long as I own it. If I was to rent it out, the resort would take a 20% cut. Now 40% goes toward the resort and the annual maintenance fees has more than doubled. My so-called studio condo is more of an overpriced motel room.