When you purchase timeshare, you’re securing access to high-quality holiday accommodation at today’s prices. To ensure that these resorts remain comfortable, well-maintained, and consistently meet hospitality standards year after year, ongoing maintenance and refurbishment are essential.
Maintenance fees are the annual levies charged by the resort or developer to cover these costs. Shared among all owners, these fees support everything from landscaping and general upkeep to essential repairs and interior upgrades — forming a vital part of responsible timeshare ownership.
Is It Compulsory to Pay Maintenance Fees?
Yes. To safeguard the interests of all owners, you are legally required to contribute your portion of the resort’s maintenance, regardless of how often you use your timeshare. When owners default, the resort’s upkeep suffers, creating a decline in the facilities and services that made the property appealing in the first place.
If your circumstances change and you cannot use your timeshare for a particular year, renting out your interval can be a practical way to recover your annual levy.
How Are Maintenance Fees Calculated?
Your annual levy is based on the size, location and facilities of the resort. Each year, the Homeowners Association (HOA) reviews and approves the maintenance budget at its Annual General Meeting (AGM). Because the HOA operates as a registered NPO, levies are not used to generate profit.
Owners are able to review the AGM-approved budget, which clearly outlines how levy funds will be allocated for the year ahead.
Why Do Fees Increase?
Just like general living costs, the expenses associated with operating and maintaining a resort rise over time. Increases in labour, utilities, materials and services naturally influence the levy amount. Adjustments ensure that resorts continue to meet modern standards and deliver the quality experience owners expect.
Without these contributions, many timeshare properties would still reflect the décor and facilities of decades past.