FAQ

What is timeshare?

Timeshare, by definition, involves the purchase of annual use of a high standard holiday property at a particular time of year. You are able to specify the time period and will enjoy the assurance that the given unit will be available to you exclusively each year (either for a fixed term or in perpetuity). This involves buying timeshare, selling timeshare, rci timeshare south africa, timeshare for sale, timeshare holidays south africa, timeshare vacations.

The advantages in this vacation model are many, and include:

  • The ability to secure holiday accommodation at the fraction of annual rental/outright purchase cost
  • The option to rent out your time at a very good price
  • A large variety of local and international exchange options

What is the difference between resale and new timeshare?

While the structure of the agreement remains the same whether you choose to purchase resale or new timeshare weeks, there is a substantial price difference. Resale rates are generally 30-50% lower than new timeshare prices, mainly due to the fact that the original buyer absorbs the initial marketing cost. New timeshare purchases, however, are eligible for financing, while resales are not. Until recently South Africa has not seen much activity in new timeshare development, but this is starting to change and holidaymakers can look forwards to a broader variety of options than ever before.

How is ownership reflected?

Upon successful transfer, you will be issued with a Share Certificate in the case of share block resorts, a title deed in the case of sectional title resorts, and a membership certificate in the case of a Vacation Club.

Which legal safeguards will I enjoy when I sign up with Arrowwood International?

A transaction with Arrowwood International ensures that you are in safe hands. We are fully licensed and affiliated with the industry governing bodies, VOASA and EAAB. All funds are held in a fully constituted trust account and only released upon transfer.

Which annual costs are associated with owning timeshare?

An annual levy is payable. This is calculated relative to the value of your timeshare and is used to cover the operating- and maintenance costs of the property, thereby protecting the standard of your investment.

Why use Arrowwood International?

With 23 years' worth of expertise behind us, we truly are the leaders in the timeshare brokerage industry. Arrowwood International provides a wide range of affordable options, whether you are buying, selling, trading or renting timeshare.

How do I buy timeshare or sell timeshare?

Good news - there are no listing fees to sell your shares. Simply complete the form, submit your details and we will take care of the rest. Are you in the market to buy? Submit the details of your request here; browse our Hot Deals page and sign up for our weekly mailer to keep informed of our latest offers.

Important exchange information

The timeshare you secure will carry a specific value with an affiliated exchange company. Here are some guidelines to assist you in making your decision:

Here are some guidelines to assist you in making your decision:

Grading

  • Gold Crown: Highest quality
  • Silver Crown: Above average quality
  • Lifestyle Resort: Average quality

Seasonal designations

  • Blue: Low season
  • White: Medium season
  • Red: High demand
  • Peak: S.A school holidays

Size

  • Studio: sleeps 2-4 guests
  • 1 bed 4: sleeps 2 privately, maximum 4
  • 2 bed 6: sleeps 4 privately, maximum 6
  • 3 bed 8: sleeps 6 privately, maximum 8

Naturally, the combination of the abovementioned factors will affect the points allocated and the resultant trading power of the week you’re depositing for exchange purposes.

Purchase procedure

Once you have decided to proceed with the purchase of timeshare/fractional shares, you will be sent an 'offer to purchase', together with our auditor's banking details/credit card authorisation document. Your purchase is secured upon receipt of the signed agreement, as well as funds received. Our transfer secretaries will efficiently handle the transfer of the shares into your name (this step may take between six and eight weeks to conclude). As safeguard for your investment, we hold a Fidelity Fund Certificate and insurance in accordance with the Estate Agency Affairs Board.

The advantages in this vacation model are many, and include:

  • The ability to secure holiday accommodation at the fraction of annual rental/outright purchase cost
  • The option to rent out your time at a very good price
  • A large variety of local and international exchange options

What is the purchase procedure?

Once you have decided to proceed with the purchase of timeshare/fractional shares, you will be sent an 'offer to purchase', together with our auditor's banking details/credit card authorisation document. Your purchase is secured upon receipt of the signed agreement, as well as funds received. Our transfer secretaries will efficiently handle the transfer of the shares into your name (this step may take between six and eight weeks to conclude). As safeguard for your investment, we hold a Fidelity Fund Certificate and insurance in accordance with the Estate Agency Affairs Board.

What are my legal safeguards when dealing with Arrowwood?

Buying through Arrowwood ensures that you are in safe hands. No funds will be released until the title has been transferred to your name, ensuring that both seller and buyer are fully protected. All purchasers and vendors are also subject to an unconditional five day cooling off period, during which time they can pull out of the sale.

RCI exchange information

The timeshare you secure will carry a specific value with an affiliated exchange company. Here are some guidelines to assist you in making your decision:

Grading

  • Gold Crown: Highest quality
  • Silver Crown: Above average quality
  • Lifestyle Resort: Average quality

Seasonal designations

  • Blue: Low season
  • White: Medium season
  • Red: High demand
  • Peak: S.A school holidays

Size

  • Studio: sleeps 2-4 guests
  • 1 bed 4: sleeps 2 privately, maximum 4
  • 2 bed 6: sleeps 4 privately, maximum 6
  • 3 bed 8: sleeps 6 privately, maximum 8

Naturally, the combination of the abovementioned factors will affect the points allocated and the resultant trading power of the week you’re depositing for exchange purposes.

What is a levy??

The levy is an annual fee payable by any timeshare or fractional owner. This fee is calculated relative to the value of your timeshare and is used to cover the operating- and maintenance costs of the property, thereby protecting the standard of your investment.

TIMESHARE HOTLINE: 021 425 2233

What is timeshare