Timeshare co-Ownership

Timeshare or co-ownership of leisure properties in South Africa means that for a fraction of the cost you would normally expect to pay, you have bought luxury holiday accomadation for exactly the time you want to use it, and in perpetuity.

The ownership of your holiday accomadation means that you can do exactly as you please with the time you own. It is an asset which can be assigned to heirs or sold. You can use the lodge for yourself and your family or friends, loan it to others, let it commercially or take advantage of an exchange through RCI or Flexiclub.

At the end of your holiday you can close the door and drive away safe in the knowledge that it will be looked after until your return by an on the spot management team.

A luxury holday home in a perfect location, yours to use for the rest of your life, for the lives of your children and your children's children.

Some typically asked questions about co-ownership

DO I HAVE TO PAY LEVIES?
YES. The property and resort facilities have to be maintained as does the ongoing cost of housekeeping and administration. These costs are shared by all members in the form of an annual or monthly levy.

CAN I RENT OUT MY WEEKS?
YES. The weeks you have purchased are yours to do with as you see fit. You can offer your time to family, friends or as a gift. In most cases you can also save weeks and accumulate weeks for future years.


CAN I SELL MY CO-OWNERSHIP OR BEQUEATH IT IN MY WILL?
YES. You can sell your Co-ownership at any time or bequeath it in your will to family or friends.

WHO IS T.I.S.A.?
T.I.S.A. stands for the Timeshare Institute of South Africa. When purchasing Timeshare/Points/Co-ownership always ensure that the Company you are purchasing from is a registered member of T.I.S.A. All members of T.I.S.A. have agreed to comply with the terms and conditions of the Code of Ethics.
They can be contacted on (021) 914 5210 or e-mail them on tisa@global.co.za.

DO I PAY TO EXCHANGE MY WEEKS?
YES. There is an exchange fee payable to RCI for both national and international exchanges.

MUST I HOLIDAY EVERY YEAR?
NO. Your weeks can be saved with RCI and carried forward to the following year.

HOW FAR IN ADVANCE SHOULD I EXCHANGE MY WEEKS?
The earlier you make your request, the higher priority your exchange request will receive, particularly if you are traveling over school holidays or public holidays. For an international exchange - up to two years to 90 days ahead and local exchanges - up to to two years to seven days ahead (subject to availability).

HOW LONG IS MY RCI MEMBERSHIP VALID FOR?
You are affiliated to RCI for a period of current plus two years and thereafter you have the choice to renew your membership on an annual basis. Should you choose not to renew your RCI membership, you will only be able to go to the resort that you purchased at.

AM I GUARANTEED TO GET AN EXCHANGE EVERY TIME I REQUEST ONE?
RCI's ability to confirm an exchange request is dependent upon the availability of deposited holiday time in the pool applicable to your membership and ownership type.

CAN I TAKE MY PET ON HOLIDAY?
No pets are allowed at RCI resorts, therefore find somebody loving to look after your pets while away on holiday.

What is Timeshare? Click here to read more.