Like a timeshare, people purchasing ownership in a Private Residence Club (or PRC) are buying into shared real estate. Sometimes PRC owners are people who considered purchasing a second home, but decided that it might be better to go for partial ownership in a PRC. Although PRC owners still pay annual fees, that is nothing compared to the cost and effort of having a second home. If you were to buy a second home with features like a pool, spa, and tennis courts, it would be your responsibility to maintain the grounds. PRCs have the features and you can use them without being burdened with upkeep. Buying PRC membership gives you the luxury of having a vacation home minus the more time-consuming aspects of ownership, leaving you more time for fun and frolic! A typical PRC offers: Extended stay A PRC owner may get 4-5 weeks during peak season and this time must be reserved in advance. In addition to this, each owner is eligible to bid on the weeks that remain after all of the owners have reserved their guaranteed vacation time. Depending on how your PRC is operated, you may be able to allow family or friends to take advantage of some of your vacation time if you find that you are not able to use all of it. Exclusivity You can expect top-notch, five star hotel service from the staff at your PRC. They often have a very nicely equipped clubhouse and concierge services. For example you may get assistance with making dinner or theater reservations, grocery shopping, same-day dry cleaning, and setting tee times. Many PRCs offer year-round storage and will ready the unit before your arrival. Your unit in a PRC comes fully furnished, and of course PRCs are exquisitely furnished, so there is no need to work about that. In fact, while staying at a PRC, your worries are few since a dedicated staff is on hand to make arrangements for you and assist with daily tasks.
About Me
- Karen Phelan
- I have been involved in the timeshare industry for over 23 years, and am the creator of TimeshareGiant.com. Use my experience in the timeshare industry and the Timeshare Giant Blog, to learn more about the timeshare industry.
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