Interval ownership (also called timeshare, vacation or fractional ownership) is a sensible way to own your own property for just the period of time you will use it.
Over the long term, the cost of interval ownership is more effective than renting. In addition, you are better able to plan your vacations because you know where and when you will be going. Interval ownership is a wonderful compromise between whole ownership and renting. You only pay for what you use. Costs of maintenance, utilities, taxes, upkeep and administration are kept to a minimum because they are divided among all the owners of the property.