Five-star getaways come with five-star price tags. Whilst the concept of timeshare might raise the odd eyebrow, gone are the days of rogue deals and dodgy contracts – with running costs clear from the start. But there is a way for holidaymakers who have always dreamed of living the high life to take luxury holidays without breaking the bank. Incredible vistas, turquoise waters and idyllic pink sands – who could ask for more? This stunning holiday resort offers guests the ultimate Caribbean escape. Instead of battling rain and snow, soak up the rays on one of two idyllic white-sand beaches, take a dip in the six swimming pools, enjoy a massage in the spa and dine in first-class restaurants. With a modern decor, beach access, ample space, and tucked away on a 100-acre peninsula, this five-star timeshare resale offers guests the ultimate luxury holiday – at a cut price. As well as a marble bathroom and a private balcony, this traditional-style accommodation is in an ideal location for bustling tavernas, historic sites and the sun-soaked beaches.

Whether it’s perfecting your putting or stretching on a sunlounger, this high-end hotel ticks all the boxes for luxury on a budget. Parents will be a hit with their children with this high-end holiday home. If plunging into elegant swimming pools and dining in any of the resorts 10 restaurants are not enough, there is also a spa, bars, cookery lessons, fitness … If you like your nightlife on tap but enjoy staying away from the action, this is the resort for you. After that adrenaline-fix, retreat to your luxury, two-bedroom villa featuring beautiful designs and breath-taking views and relax. Living the high life, here, you’ll be able to relax in your elegant one-bedroom villa – which comes complete with its own kitchen and dining area – with a drink in hand, enjoying the picturesque view from your balcony. Boasting rave travel reviews, this five-star harbour-side resort is highly sought-after, attracting loyal guests who return year after year. 4. Buyers can always take on ‘bonus weeks’ if need be.

That said, because developers are working for a budget, you may find they are not inclined to negotiate the price. As developers redefine their focus with a longer view, buying off-the-plan might allow you to enter the market early for an older style (larger) condo with the latest state-of-the-art appliances and amenities. It is paramount to seek legal advice before signing an off-the-plan contract. A common question asked is, “What if the project doesn’t complete? Your lawyer will make sure that all relevant conditions are in place should the developer (or you) default as per the contract. Another thing to be aware of is furnishing. But not all units include furniture and appliances. New developments will have a show unit. It is important to confirm if they include furnishings in your contract price, or if this will be an extra cost. “What is my budget? As a foreign investor, you will rely on cash, whether that is savings or equity in your property at home.

Keep in mind the questions you asked in the beginning. Your answers will help narrow down search queries and keep things realistic. Once you have a list of potential properties, enlist the help of your first professional. They will translate with sellers to help negotiate prices and conditions of purchase. Once they have helped you find your slice of paradise. Your agent will review your research, offer suggestions, organize viewings, and transportation, and provide a history of buildings, developers, managers, and areas. You are ready to sign a contract… It is time to find your second professional. From above, you have a good understanding of what your lawyer will do for you. They will review your contract and include, amend, or remove relevant conditions or clauses. A contract review is a top priority if you are looking to buy off-plan. You will often pay the deposit before signing any contracts.

This is because many people who buy in these areas are looking for investment and a rental return on the property. Again, consult your lawyer about title rights when buying, especially in tourist areas. You can own the condo in your own name, but many complexes will limit the time you can spend in your own condo as they cater to tourists and manage the property as a holiday unit. Why are you buying? No matter where you buy in the world, there are important questions you need to ask at the beginning. If you are seeking a long-term lifestyle change for you and your family, then your location options are much broader. There are quiet residential areas in all locations that offer more space. Comfort for those seeking a permanent lifestyle. You will not always look in high tourist areas. You will have access to world-class education, medical, and commercial facilities in these cities. If you are not ready for a complete lifestyle change but want to escape during the year and create a potential income stream, then you need to look at condos a little differently.