Timeshare Cost: What You Really Pay for a Vacation Share

If you’ve ever looked at a timeshare brochure, you probably saw a headline price that seemed like a bargain. But the real cost goes far beyond that headline number. In this guide we break down every dollar you might pay, so you know exactly what you’re signing up for.

Upfront Costs: Purchase Price and Closing Fees

The first number you’ll see is the purchase price. This is the amount you pay to own a share of the property for a set number of weeks each year. Prices vary widely – a two‑week slot in a popular resort can be $10,000, while a less‑busy location might be under $5,000. The price depends on location, season, and how many weeks are left in the contract.

On top of the purchase price you’ll face closing costs. Think of them like the fees you pay when buying a regular house: legal paperwork, title search, and sometimes a small dealer fee. Expect to add another 2‑5% of the purchase price to cover these basics.

Many sellers also require a down payment. Some offers let you pay the whole amount up front, while others let you finance the purchase with a loan. If you take a loan, you’ll pay interest, which adds to the overall cost.

Ongoing Fees: Maintenance, Taxes, and Hidden Charges

Once you own a timeshare, you’ll pay an annual maintenance fee. This fee covers property upkeep, staffing, landscaping, and common‑area repairs. The fee can range from $300 to $1,200 per year for a small two‑week share, and it often rises each year because it’s tied to inflation and the property's operating costs.

Some resorts also charge property taxes directly to owners. The amount depends on the local tax rate and the property’s assessed value. It’s usually rolled into the annual maintenance bill, but you should ask for a clear breakdown.

Don’t forget special assessments. If the resort needs a big renovation – a new pool, roof replacement, or major upgrades – they may levy a one‑time charge on all owners. These assessments can be a few thousand dollars, so they’re worth budgeting for.

Finally, there are resale and marketplace fees if you ever decide to sell or swap your weeks. Many timeshare companies charge a transfer fee, often between $500 and $1,000, which can cut into any profit you might make.

All these costs add up, and the total annual expense can sometimes exceed the original purchase price if you’re not careful. That’s why it’s crucial to add up the purchase price, financing costs, yearly maintenance, taxes, and any potential assessments before you sign.

In short, a timeshare isn’t just a one‑time payment. It’s a long‑term financial commitment that includes regular fees and occasional surprise charges. By understanding each piece of the cost puzzle, you can decide if a timeshare fits your vacation budget or if another travel option would give you more value.