Aruba Timeshares >> 18 Listings For Sale (2024)

FAQs

What is the oldest timeshare in Aruba? ›

Aruba Beach Club (ABC) opened in 1977 and was Aruba's first Timeshare hotel. Guests to this hotel had to be members of a corporation that owned the hotel. This was how the first co-called 'timeshare hotel' in Aruba came to be.

The main reason timeshare resale prices are so cheap compared to retail timeshares comes down to the cost of selling a new timeshare. Similar to a car dealership, timeshare resorts spend a lot of time and money on marketing.

Aruba is the timeshare capital of the Caribbean, featuring 13 incredible properties.

Costs vary based on the size of the vacation home and duration of the stay. According to Hilton, the average purchase price for a new buyer is roughly $22,000. ARDA says the average cost of a timeshare that a buyer can use for one week a year is $24,140. But that's just to buy in.

Wyndham Destinations is considered one of the best timeshare companies because of its expansive portfolio across the world. There are several clubs under Wyndham Destinations, including Club Wyndham, Margaritaville Vacation Club, WorldMark by Wyndham, Shell Vacations Club, and more.

However, it's important to understand that the person who gets them after you must pay the fees associated with the timeshare. In a leased timeshare, the number of years you can use the timeshare is outlined in your contract and may range from 20 – 99 years.

Unfortunately, though, it's easy enough to outgrow your timeshare after a period of time. In fact, Dave Ramsey says that 85% of timeshare owners end up regretting their decision. If that's the boat you've landed in, don't stress. You're not necessarily going to get stuck with your timeshare.

Try a timeshare deed-back

It's a legal, low-cost way to give the property back to the resort. However, not all resorts and timeshare developers offer this option, and you may have to be in good standing with the resort to qualify for the program.

The short answer is that if you stop making payments on your timeshare, the lender can take steps to collect the debt. This may include hiring a collection agency, reporting the debt to credit bureaus, or even filing a lawsuit.

The Wyndham is now RIU Antillas Aruba.

What is the average cost of a timeshare per year? ›

How much does a timeshare cost? The average cost of a timeshare is $22,942 per interval, according to data from the American Resort Development Association. Annual maintenance runs $1,000, on average, but can vary based on the size of the property.

Palm Beach is the most popular tourist destination in Aruba. Perfect for those looking for a night out, this seaside community is also ideal for families and travellers with small children. Home to many of Aruba's top resorts, this area boasts a number of family-friendly attractions.

The median annual income of timeshare owners surveyed was 83,429 U.S. dollars.

You Are on the Hook for More Than Just Mortgage Payments

In most timeshare contracts, you will be liable for special assessments, property taxes, maintenance fees, and utilities. If you don't pay these, the timeshare developer can foreclose on your timeshare.

Renting the property of a private owner is often cheaper than comparable hotel rooms, and they often give travelers added perks like kitchens and convenient locations. Vacation rentals are considered preferable alternatives to timeshares because they give greater flexibility in where and when you can vacation.

The Caribbean Hotel, Aruba's first multi-story resort hotel, opened its doors in 1959, quickly becoming a favorite getaway for world-famous jet-setters.

The Ritz Carlton Aruba celebrates 10 YEARS in Aruba.

Savaneta in Aruba

The oldest house in Aruba — a cas di torto, or mud hut, dating back some 150 years — is still standing in this historical town.

The first timeshare in the United States was started in 1974 by Caribbean International Corporation (CIC), based in Fort Lauderdale, Florida. It offered what it called a 25-year vacation license rather than ownership.