If you’ve ever dreamed of a yearly beach getaway, a timeshare might sound like a perfect deal. But before you sign anything, you need to know what the money line looks like. Below you’ll find the most common charges, where hidden fees hide, and whether a resale or a different shared‑ownership model could save you cash.
The first number you see is the purchase price. In 2025 the average timeshare unit costs between £10,000 and £30,000, depending on location, season and points system. Some developers let you finance the purchase, adding interest that can push the total cost up by 15‑25 % over the life of the loan. Compare the financed total with a regular mortgage – you’ll often pay more for the same amount of holiday time.
Even after the purchase, you’ll keep paying yearly maintenance fees. These cover landscaping, staff, utilities and the building’s reserve fund. Fees start at around £300 per year for a small studio but can climb to over £1,500 for larger units in prime resorts. Add in special assessment fees when the resort needs big upgrades – they’re usually billed as a surprise lump sum.
Don’t forget exchange fees if you want to swap your week for a different resort. Companies charge a per‑transaction fee plus a markup on the points you trade. In practice, that can eat another few hundred pounds out of your holiday budget each year.
Insurance is another cost area. While the resort’s master policy covers the building, you’ll need personal liability and contents coverage, which can add £50‑£150 annually.
All these recurring costs mean a “free” vacation is rarely free. When you add the upfront price, financing interest, maintenance, exchange and insurance, a typical timeshare can cost the same as a modest mortgage on a small holiday home.
Because of the ongoing expense, many owners look at resale. The secondary market often lists units at 30‑60 % of the original price. However, resale buyers still inherit the same maintenance fees, and some resorts restrict who can buy on the resale market, limiting demand.
If you’re considering a timeshare, ask for a full cost breakdown for at least five years. That gives you a realistic picture of what you’ll spend versus the value of the weeks or points you receive.
There are cheaper ways to enjoy regular holidays. Vacation clubs, points‑based programs, or outright renting a condo during off‑peak weeks can cost less and give you more flexibility. Some people find shared‑ownership homes, where you own a small share of a property and rent the rest, provide a better balance of cost and control.
Bottom line: a timeshare is a long‑term commitment with both upfront and ongoing costs. Do the math, compare it with alternatives, and make sure the total expense fits your budget before you sign the contract.
