2 ms·
There is Hapimag of Switzerland, who's been doing that for holidays in Europe for quite some time. Nearly impossible to get rid of the shares we inherited thoug
by kaybe 11y ago
There is Hapimag of Switzerland, who's been doing that for holidays in Europe for quite some time. Nearly impossible to get rid of the shares we inherited though.
- rdl 11y agoThat's just a timeshare, right? Timeshare initial deposits are notoriously bad investments; the ongoing fees are sometimes closer to break even vs. other housing/hotel choices, but with less flexibility. (You can buy timeshares on eBay for close to $0) From their FAQ: " Is Hapimag a timeshare company? In legal terms, Hapimag is a public limited company whose shareholders are simultaneously the users of the offer. In this respect, Hapimag is a user- and not profit-oriented cooperative of like-minded people. Hapimag members purchase rights of residence for all Hapimag resorts. This idea has been successful for over 50 years. Hapimag is considered to be the inventor of points-based rights of residence and enjoys the reputation of a professional, trustworthy provider."