It seems sketchy as hell.
They sell an apartment, that apartment in resort. The price is about typical normal apartment.
They said that I own that apartment, and can visit the resort few days a year, enjoying staying at that apartment. Just book your day and they handled the rest. I still not fully wrapped my head about this concept yet, but why not stay there forever but “book” ?
My aunt said this seems good deal. But I feel something fishy.
Is it a good investment compared to normal apartment in residence building ?
Can someone tell me more details on this type of real estate?
This unfortunately seems to be a little bit too likely to be a scam, read here for more information about what is and isn’t actually legal in such deals:
https://europa.eu/youreurope/citizens/travel/holidays/timeshare/index_en.htm