Comments on: Costa del Sol holiday club scam http://blog.arribaestates.com/index.php/2008/10/22/costa-del-sol-holiday-club-scam/ Costa del Sol property Tue, 20 Jul 2010 22:51:04 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrew http://blog.arribaestates.com/index.php/2008/10/22/costa-del-sol-holiday-club-scam/comment-page-1/#comment-47 Andrew Tue, 03 Mar 2009 17:09:22 +0000 http://arribaestates.wordpress.com/?p=442#comment-47 Hi Peter, I can't give too much help with this, but maybe this forum will help. They mention several timeshare companies. If not just start a thread there, seems to coer everything http://forums.moneysavingexpert.com/showthread.html?t=462241 Best of luck Hi Peter,

I can’t give too much help with this, but maybe this forum will help. They mention several timeshare companies.
If not just start a thread there, seems to coer everything
http://forums.moneysavingexpert.com/showthread.html?t=462241

Best of luck

]]> By: Peter Barthram http://blog.arribaestates.com/index.php/2008/10/22/costa-del-sol-holiday-club-scam/comment-page-1/#comment-46 Peter Barthram Tue, 03 Mar 2009 16:57:08 +0000 http://arribaestates.wordpress.com/?p=442#comment-46 I have paid 600 euros to a company called Global Travel network, does anyone know if they are reputable. They have called me on several occasions with updates but nothing for the last 2 weeks. Does anyone have their number . Starts 0208 018 I have paid 600 euros to a company called Global Travel network, does anyone know if they are reputable. They have called me on several occasions with updates but nothing for the last 2 weeks. Does anyone have their number . Starts 0208 018

]]> By: Wolfgang Brand http://blog.arribaestates.com/index.php/2008/10/22/costa-del-sol-holiday-club-scam/comment-page-1/#comment-45 Wolfgang Brand Mon, 27 Oct 2008 08:11:50 +0000 http://arribaestates.wordpress.com/?p=442#comment-45 Hi Andrew You have to distinguish between timeshare and holiday clubs. Their are two different things. I have been working 10 years in the timeshare industry in several management positions hence the reason I can clearify this. In the year 1998 the Spanish Government intruduced a long overdue legislation on timeshare based on a directive form the EU from 1992. It took them 6 years to implement the directive into national law and only did so when the EU threatened with sanctions. The law regulates timeshare as a product as well as its sales technics and certain aspects of costumer protection. This includes a cooling off period of 10 days and a total ban on deposit payments. Many of the old school sales men and sales managerd where not able to adapt their marketing and sales stratgies to the new regulations. Instead they created a "product" similar to timeshare which did not qualify to be timeshare and therefore does not fall under the timeshare regulations: The holiday clubs. In other words: holiday clubs are a product designed to circumvent the timeshare regulations. In most cases the inventory these clubs hold in timeshare resorts does not support the demand of the members and is usually "left over week" which owners of real timeshare did not use. Also as the sales men usually are only interested in getting the deposit they lie as if there was no tommorrow. My advise is: if you like the concept and you can easily afford it, buy a real timeshare and stay away from holiday clubs. Real timeshare companies operating on the Costa del Sol would be: Club la Costa Marriotts Vacation Club Diamond Resorts (former Sunterra All three offer luxury accomodation at stunning resorts. Timeshare is, in my not so humble opinion, a great alternative for families to enjoy the comfort of a home-like apartment or villa as oppossed to a hotel room but still having all the amenities and services of a hotel-like vacation resort. Just never make the mistake to buy timeshare as an investment. Simply because its not and it was never meant to be. Its a luxury leisure product and a resale market does not exist really. Hi Andrew

You have to distinguish between timeshare and holiday clubs. Their are two different things. I have been working 10 years in the timeshare industry in several management positions hence the reason I can clearify this.

In the year 1998 the Spanish Government intruduced a long overdue legislation on timeshare based on a directive form the EU from 1992. It took them 6 years to implement the directive into national law and only did so when the EU threatened with sanctions.

The law regulates timeshare as a product as well as its sales technics and certain aspects of costumer protection. This includes a cooling off period of 10 days and a total ban on deposit payments.

Many of the old school sales men and sales managerd where not able to adapt their marketing and sales stratgies to the new regulations.

Instead they created a “product” similar to timeshare which did not qualify to be timeshare and therefore does not fall under the timeshare regulations: The holiday clubs.

In other words: holiday clubs are a product designed to circumvent the timeshare regulations. In most cases the inventory these clubs hold in timeshare resorts does not support the demand of the members and is usually “left over week” which owners of real timeshare did not use.

Also as the sales men usually are only interested in getting the deposit they lie as if there was no tommorrow. My advise is: if you like the concept and you can easily afford it, buy a real timeshare and stay away from holiday clubs.

Real timeshare companies operating on the Costa del Sol would be:

Club la Costa
Marriotts Vacation Club
Diamond Resorts (former Sunterra

All three offer luxury accomodation at stunning resorts. Timeshare is, in my not so humble opinion, a great alternative for families to enjoy the comfort of a home-like apartment or villa as oppossed to a hotel room but still having all the amenities and services of a hotel-like vacation resort.

Just never make the mistake to buy timeshare as an investment. Simply because its not and it was never meant to be. Its a luxury leisure product and a resale market does not exist really.

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